Commercial Portfolio Manager

Description

Portfolio Managers work in a team environment, as a key player, with a commercial lending team. Portfolio Managers will be client interfacing and will work closely with assigned commercial loan officer(s) to originate and service new and renewed loans.

Primary responsibilities include underwriting, monitoring, and maintaining the credit quality of a designated officer(s) loan portfolio, as well as managing the loan closing process. This individual may also carry and manage a portfolio of their own. This individual will be responsible for completing in‑depth analysis of commercial loan requests as well as making recommendations based on such analysis, allowing the Loan Officer to achieve team business development goals.

The Commercial Portfolio Manager position is designed to be a career path towards a Commercial Lending Officer position.

Reports to:

Commercial Lending Team Lead

Supervises: no

• Provides excellent personal customer service to all internal and external clients by treating people with respect; keeping commitments; inspiring the trust of others; working ethically and with integrity; upholding organizational values; accepting responsibility for own actions.
• Portfolio managers will develop and maintain, in collaboration with their assigned loan officers, strong working relationships with the clients and the commercial lending team.
• Gather, analyze, and interpret credit, collateral, and financial information for existing and prospective clients.
• Identify risks, determine the adequacy of collateral, and recommend a loan structure (to include government guarantee programs) that best mitigates risks on new loans, renewed loans, or loans currently in place.
• Present findings and recommendations in a written format to be utilized as a basis for a decision. Written communication is to be thorough and to range from memos, to change in terms documents, to full credit presentations for new or renewed loans.
• Review loan file(s) and documents for accuracy, completeness, and compliance with loan approval, policy, and all applicable government regulations.
• Serve as the primary client point of contact for all loan servicing and portfolio management related tasks, involving support staff as needed to accomplish requests. Also, able to facilitate and attend meetings in the office, on the phone/video conference, or at the client’s place of business as needed, to include prospective customers.
• Provides support to assigned loan officer(s) in the maintenance and management of their commercial portfolios. These duties and responsibilities include but are not limited to:
• Coordinate with loan assistants to manage ticklers and outstanding items within their officer(s) portfolio.
• Complete timely covenant testing and/or a formal annual loan review with the receipt of financial information and take necessary action to properly document the loan file.
• Obtain and process Compliance Certificates, Borrowing Base Certificates, and associated receivable, payable, and inventory reports as applicable.
• Complete site visits and collateral inspections as required.
• Review and prepare loan draws/ advances (to include construction loan draws).
• Understand, detect, and report early warning signs of problem credits.
• Monitoring of past due report for timely payments and insurance tracking report to ensure adequate insurance on bank collateral.
• Other miscellaneous tasks as required by the loan officer to support portfolio management.
• Attends department and staff meetings as requested.
• Performs special tasks, projects and other duties as assigned.

• Must be able to work within and foster a team environment, while effectively managing their own workload.
• Excellent oral, written and telephone communications skills.
• Strong proven interpersonal skills to provide superior quality service to teammates and customers. Supporting the bank’s commitment to a fun, professional, service‑oriented working/business environment.
• Maintain accuracy, neatness, and thoroughness in performance of assigned duties to minimize errors.
• Ability to manage multiple priorities…