Portfolio Manager

SUMMARY

This position is responsible primarily for analysis, monitoring and preparation of credit memorandums, criticized/classified loan memos and annual loan reviews for loan officers. Position is a support function to assist loan officers move loan requests through the approval process.

This position is responsible primarily for analysis, monitoring and preparation of credit memorandums, criticized/classified loan memos and annual loan reviews for loan officers. Position is a support function to assist loan officers move loan requests through the approval process.

The salary for this role will be between $77k-$111K a year. The specific salary offered will depend on several factors including but not limited to applicant’s skills and prior relevant experience. Hired candidate may be eligible for healthcare benefits, 401K plan, short term & long-term disability coverage, life insurance, vacation & sick time, educational assistance, and several holidays. Certain roles are eligible for additional rewards.

• Works with existing clients and prospects as required to receive information as needed.
• Ensures that the financial analysis prepared by the Analyst Team is accurate.
• Analyzes financial spreads to determine if the loan requests meet Bank credit policy.
• Prepares credit memorandums, criticized/classified loan memos, and annual loan reviews in Credit Quest software program for lenders.
• Works with the Team Assistant to collect all necessary documents needed by the loan documentation team.
• Requests preliminary title reports, environmental reports and appraisals as directed by the loan officer.
• Analyzes borrowing base reports prepared by client and notifies loan officer of any discrepancies.
• Ensures timely and thorough monitoring of all credits through use of management reports such as Out of Compliance Report;
  Annual Loan Review Report;
  Delinquency Report and Maturing Loan Report.
• Understands and observes laws and regulations that relate to commercial lending.

• Projects professionalism in both appearance and attitude when dealing with customers.
• Coordinates, when necessary, with other departments.
• Participates in and completes all required training modules with passing scores.
• Follows all state and federal laws, and all Riverview policies and procedures.

• Maintain strong working relationship with Commercial Loan Team Leader and peers in the lending area as well as other support areas.
• Maintains contact with clients to ensure that service levels are appropriate.

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Bachelor's degree in a business, finance or related field is preferred, 2 or more years of commercial lending support experience, strong analytical skills, excellent communication skills, and knowledge of bank services, or equivalent combination of education and experience.

• Ability to communicate with lenders and build strong working relationships.
• Ability to read, analyze and interpret business and personal financial statements and tax returns.
• Ability to understand bank lending policy and governmental regulations.
• Ability to prepare concise credit memorandums, annual loan reviews and criticized/classified loan memos that define the risk and financial condition of the borrower or prospect.
• Accurately analyze asset-based lending borrowing bases.
• Ability to effectively identify concerns or changes in financial position of borrowers and communicate to lending officer.
• Ability to work with mathematical and financial concepts such as global cash flow and other financial ratios that indicate the strength of a business or individual who borrows for business purposes.
• Ability to resolve with some assistance day-to-day problems and deal with a variety of issues that may arise in working with borrowers.
• Ability, with some…