Director of Portfolio Management

Description

The Director of Portfolio Management provides strategic leadership and oversight of the Credit Union’s commercial loan portfolio, with primary accountability for portfolio risk management, credit quality, portfolio performance reporting, and consistent execution of sound credit administration practices. This role establishes portfolio management standards, strengthens monitoring and reporting routines, identifies emerging credit risk, and ensures portfolio activities remain aligned with the Credit Union’s risk appetite, lending policies, procedures, and applicable regulatory requirements.

The Director serves as a senior subject matter expert and escalation resource for commercial portfolio risk, borrower performance trends, covenant compliance, servicing matters, renewals, modifications, and other ongoing credit administration activities. This position partners closely with Commercial Lending, Credit Administration, Special Assets, Loan Operations, and executive leadership to provide timely insight into portfolio health, support prudent credit decisions, and promote a high-performing, service-oriented culture focused on regulatory compliance, operational excellence, and an exceptional commercial lending experience.

• Develops, implements, and continuously refines portfolio management strategies, monitoring routines, and reporting tools designed to proactively identify, measure, and manage credit risk within the Credit Union’s commercial loan portfolio.
• Oversees portfolio-level risk monitoring, including analysis of concentrations, risk rating migration, watch list activity, industry exposure, collateral trends, geographic exposure, borrower performance indicators, and other emerging risk themes that may impact commercial portfolio quality or strategic decision-making.
• Oversees the accuracy, integrity, and consistent use of portfolio management data, systems, dashboards, and reporting tools to support timely decision-making, executive reporting, audit readiness, and portfolio risk monitoring.
• Provides timely portfolio performance updates to executive leadership, the Chief Credit Officer, and Credit Administration leadership regarding delinquency trends, risk rating migration, covenant compliance, collateral exceptions, documentation deficiencies, and other matters impacting commercial portfolio health.
• Remains informed of economic conditions, industry trends, market developments, and regulatory changes that may affect borrower performance, portfolio concentrations, credit quality, or the Credit Union’s commercial lending risk profile.

• Oversees and performs comprehensive financial analysis, cash flow analysis, collateral evaluation, and borrower performance reviews to assess ongoing creditworthiness, repayment capacity, risk rating accuracy, and continued alignment with approved credit terms.
• Prepares, reviews, and presents clear credit summaries, recommendations, and supporting analysis for renewals, extensions, annual reviews, change-in-terms requests, site visits, covenant modifications, additions or releases of collateral, and other portfolio management actions requiring approval; exercises assigned approval authority or provides recommendations to the appropriate credit authority when applicable.
• Reviews all loans subject to financial covenants, evaluates compliance with approved requirements, documents findings, and escalates exceptions or approval requests to the appropriate credit authority in accordance with policy.
• Provides recommendations on financial reporting requirements, covenant testing standards and definitions, risk rating…