Role
The primary role of the Portfolio Manager is to support the analysis of the credit worthiness of the organizations commercial credit relationships. This role is responsible for the client credit relationships in the commercial lending segment, frequently serving as the client's point of contact with the company. Affects sound and consistent underwriting and management of commercial loan risk within the assigned team while balancing the commitment to loan, deposit, and fee growth, overall client profitability, client retention, and credit quality.
Major Duties and Responsibilities
• Makes appropriate and timely notification to credit approval personnel of tardy and non-compliant borrowers, both during the loan process and during the life of the loan.
• During deal process, help prepare credit package for timely review and final approval including oral presentations to appropriate loan approval bodies. This includes obtaining and analyzing borrower financial statements, personal tax returns, stress-testing, profitability analysis and presentation of such material or any material that would be relevant for prudent risk management practices.
• Assist with the workflow of the relevant departments for origination and documentation of all loans.
• Develops and maintains all lending relationships in area on the centralized risk management tickler system.
• Following the loan decision-making process works closely with the team to coordinate the documentation, closing, booking, and timely loan package completion.
• Monitor tracking of financial statements, tax returns, AR aging and other documents such as Rent Rolls. May be asked to contact customers for updated information.
• Makes recommendations during the Underwriting process.
• Assist and participate in both client and prospective business calling preparation.
• Must maintain current NMLS SAFE Act Registration or have the ability to be registered within 30 days of employment as a Portfolio Manager.
• Perform any other related duties as required or assigned.
• Understands and adheres to all compliance issues, attends training as required and related to this position, including but not limited to the Bank Secrecy Act, Privacy Act, US Patriot Act, and Security. Must have knowledge of Fair Credit Reporting Act, Truth in Lending (Reg Z) and Fair Lending Policy.
ADA Requirements
PHYSICAL REQUIREMENTS
Perform primarily sedentary work with limited physical exertion and occasional lifting of up to 20 lbs. Must be capable of climbing / descending stairs in emergency situation. Must be able to operate routine office equipment including telephone, copier, facsimile, and calculator. Must be able to routinely perform work on computer for an average of 6-8 hours per day, when necessary. Must be able to work extended hours whenever required or requested by management. Must be capable of travel by automobile (as driver and passenger), commercial airlines, rental vehicles and public transportation and be able to lodge in public facilities. Must be capable of regular, reliable and timely attendance.
WORKING CONDITIONS
Must be able to routinely perform work indoors in climate-controlled office with minimal to moderate office noise.
MENTAL AND/OR EMOTIONAL REQUIREMENTS
Must be able to perform job functions independently and work effectively either on own or as part of a team. Must be able to plan and direct the work activities of self and others. Must be able to read and carry out various written instructions and follow oral instructions. Must be able to speak clearly and deliver information in a logical and understandable sequence. Must be capable of dealing calmly and professionally with numerous different personalities from diverse cultures at various levels within and outside of the organization and demonstrate highest levels of customer service and discretion when dealing with the public. Must be able to perform responsibilities with composure under the stress of deadlines / requirements for extreme accuracy and quality and/or fast pace. Must be able to effectively handle multiple, simultaneous, and changing priorities. Must be capable of exercising highest level of discretion on both internal and external confidential matters.
