Portfolio Manager

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Full-time Regular Professionals Bayonne, NJ, US

Salary Range: $ To $ Annually

Portfolio Manager is responsible for gathering and analyzing credit information on current borrowers; determines the advisability of granting credit for diversified types of loans, promotes business for the Bank by maintaining good customer relations and referring customers to appropriate staff for new services.

• Report on the assigned portfolio, including asset quality, stress testing, industry and market analysis, asset allocation, reserves, and non-performing loan analysis.
• Serve as the loan-level expert for a portfolio of complex construction, permanent, and/or C&I loans.
• Prepare Credit Reviews to assess asset quality, including performance against original underwriting expectations.
• Experience writing policies and procedures for collateral monitoring, workouts, and periodic loan reviews.
• Draft memos for any substantial changes in a borrower's financial stability or ownership structure.
• Maintain knowledge of market conditions.

• Three to five years in commercial loan portfolio management or commercial credit analysis/underwriting as a minimum.
• Deep experience with financial analysis.
• Working knowledge of commercial lending, e.g. commercial real estate, construction and C&I products.
• Experience with Abrigo/Sageworks and Jack Henry products a plus.

• Ability to travel to branches, off-site training, and/or meetings if required
• Lobby/professional office environment with moderate sound.