Portfolio Manager

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Bankwell is a commercial bank with over $3 billion in assets, providing privately-owned businesses, their owners, and executives as well as high net worth individuals with personalized and technologically advanced banking solutions. We are committed to delivering exceptional service through a single-point of-contact, the Private Client Team, which represents an alignment of experienced financial professionals in support of businesses and individuals being well-banked.

The Portfolio Manager supports the Private Client Team in managing and growing existing C&I client relationships and assisting with new client relationships. This position is responsible for actively managing and providing oversight of the loan portfolio and depository relationships, while providing excellent customer service on behalf of the Private Client Team. The Portfolio Manager immediately calls to attention of Management any occurrences that become known, which may have a negative impact on the Bank’s borrowers and on the loan’s risk rating.

• Support the Private Client Team with managing loan and depository relationships.
• Analyze and review financial information to assess the financial strength and creditworthiness of lending relationships at origination and on an ongoing basis. Spread financial statements and prepare financial models designed to sensitize various conditions impacting the proposed transaction. Prepare cash flow, collateral schedules, covenant sensitivity calculations, financial models, and guarantor statement analysis.
• Monitor credit performance of customer portfolios and escape or remediate, as appropriate.
• Prepare credit and loan documentation by accurately compiling and organizing financial data, credit histories, and collateral information.
• Assist in the collection of monthly, quarterly and annual financial statements from borrowers and guarantors, as required.
• Track covenant compliance and provide necessary documentation.
• Track and manage non-performing, underperforming or delinquent loans, if applicable.
• Review loan files to ensure that risk ratings are appropriate and prepare documentation to support any recommended changes.
• Participate in client meetings.
• Cross-sell additional bank products and services.
• Participate in special projects, as needed.

• 5 years of relevant C&I commercial banking experience.
• Proficient in Microsoft Suite with emphasis on Excel, Word, PowerPoint.
• Proficiency with Abrigo is a plus.
• Extensive knowledge of credit products offered and regulatory requirements.
• Strong analytical skills to evaluate credit and financial issues.
• Able to contribute positively as part of a team.
• Ability to work effectively with a strong will to help others.
• Strong attention to detail and highly organized.
• Excellent written and verbal communication skills.
• Thrives in a high-pressured environment and has the ability to work with tight deadlines.
• Performs assigned tasks accurately and on a timely basis.
• Ability to recommend process improvements to enhance efficiency.
• Adheres to all applicable Policies and Procedures.
• Bachelor’s degree preferred.

$125,000 - $150,000

Bankwell is committed to a policy of Equal Employment Opportunity and will not discriminate against any applicant or employee on the basis of race, color, religion, sex, sexual orientation, national origin or ancestry, age, physical or mental disability, veteran or military status, marital status, or any other legally recognized protected basis under federal, state or local laws. Applicants with disabilities may be entitled to reasonable accommodation under the terms of Americans with Disabilities Act and certain other state or local laws.

Bankwell’s Human Resources representative can assist with accommodation requests. All employees are responsible for complying with banking regulations that apply to Bankwell, including BSA, consumer protection regulations, and OFAC sanctions. Employees are required to complete compliance training and follow policies and procedures for applicable regulations based on their role. Non‑compliance may impact job performance ratings and may be serious enough to require termination of employment.