First Busey Corporation

Commercial Portfolio Manager II

First Busey Corporation$120K — $150K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 4-year degree in Accounting or Finance
  • 5+ years in banking, finance, or sales
  • 3+ years in credit analysis or underwriting preferred
  • Strong credit fundamentals and loan structuring knowledge
  • Proficient in Microsoft Office
  • Strong customer service and sales skills
  • Excellent oral and written communication abilities

Responsibilities

  • Manage client relationships using Busey products and services
  • Perform preliminary financial analyses for credit decisions
  • Interact with customers on routine and complex issues
  • Prepare call plans and conduct relationship reviews
  • Make referrals to other business lines
  • Engage in external networking and community activities
  • Present loan proposals and partake in loan approval processes
  • Negotiate credit terms and service existing accounts

Benefits

  • 401(k) match and profit sharing
  • Employee stock purchase plan
  • Comprehensive health insurance (medical, dental, vision)
  • Company-paid life and long-term disability insurance
  • Paid time off and wellness incentives
  • Employee assistance program
  • Flexible spending accounts and health savings accounts
Full Job Description
Position Summary
The Commercial Portfolio Manager provides a positive customer experience through managing the client relationship utilizing the full suite of Busey products and services. Maintain a compliant and clean book of business in partnership with the credit and loan coordination teams. The Portfolio Manager supports the bank's relationship management efforts through preliminary financial analyses needed to make credit decisions, contributes and provides input to the loan decision process based on evaluation of key factors. The Portfolio Manager will report to the Market President or a Relationship Manager II.

Duties & Responsibilities
• The Portfolio Manager will be familiar with the relationships/borrowers in their loan portfolio,
proactively managing the assigned portfolio to ensure adherence to credit policy, including
completing various required actions, such as; Perform preliminary financial analysis, address
industry risks, collateral requirements, loan structuring and pricing.
• Interact with customers independently to address routine and non-routine client servicing matters
in addition to risk-related items.
• Prepares call plans and relationship reviews for individual and joint calls to prospects, clients,
COIs.
• Identify and make referrals to other business lines and departments.
• Collaborates and communicates with internal/external clients regarding both sensitive and routine
matters.
• External networking and community involvement.
• Make presentations on specific loans and participate in the bank's loan approval process.
• Offer approval recommendation based on credit structure fundamentals.
• Grow existing relationships through increased borrowings, as appropriate, increase deposits and
cash management, and cross sell into Wealth Management and Personal banking.
• Negotiate credit transactions.
• Service existing customer relationships to maximize profitability.

Education & Experience

Knowledge of:
  • Strong understanding of credit fundamentals, loan structuring and monitoring, bank policy, and compliance
  • Needs based sales and customer service skills
  • Strong oral and written communication skills
  • Requires knowledge of Microsoft Office

Ability to:
  • Gather pertinent information and make recommendations for considering new opportunities
  • Stay abreast of industry, market trends and information
  • Analyze and interpret numerical data
  • Perform duties with frequent interruptions and time pressures in highly interruptive conditions

Education and Training:
  • Requires a 4-year college degree with an emphasis in Accounting or Finance.
  • Requires 5 or more years of banking, finance or sales related experience.
  • At least 3 years' experience in credit analysis or underwriting preferred.


Compensation and Benefits

Salary offered is based on factors, including but not limited to, the job duties, required qualifications and relevant experience, and local market trends. The role may be eligible for bonus or incentives based on company and individual performance.

(Base Pay Range: $120,000 - $150,000/yr)

Busey provides a competitive Total Rewards package in return for your time, talents, efforts and ultimately, results. Your personal and professional well-being-now and in the years to come-are important to us. Busey's Total Rewards include a competitive benefits package offering 401(k) match, profit sharing, employee stock purchase plan, paid time off, medical, dental, vision, company-paid life insurance and long-term disability, supplemental voluntary life insurance, short-term and long-term disability, wellness incentives and an employee assistance program. In addition, eligible associates may take advantage of pre-tax health savings accounts and flexible spending accounts. Visit Busey Total Rewards for more information.

About First Busey Corporation

First Busey Corporation is a financial holding company headquartered in Champaign, Illinois. Busey Bank, the wholly-owned bank subsidiary of First Busey Corporation, is also headquartered in Champaign, Illinois and has twenty-eight banking centers serving Illinois, thirteen banking centers in the St. Louis, Missouri metropolitan area, five banking centers serving southwest Florida and a banking center in Indianapolis, Indiana. Through its subsidiaries, Busey Bank provides a full range of banking, mortgage, investment, wealth management, and cash management services to individuals, businesses, and institutional customers. As of December 31, 2019, First Busey Corporation had total assets of $10.67 billion, total loans of $7.57 billion, total deposits of $8.87 billion and total shareholders' equity of $1.23 billion. The company's common stock is traded on the NASDAQ stock exchange under the symbol BUSE.
Learn more about First Busey Corporation
Size
1,463 employees
Market Cap
$1.3 billion
Industry
Net Income
$100.3 million
Founded
1946
5 Year Trend
+12.6%
NASDAQ

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