Position SummaryResponsible for overseeing the performance, risk management, and strategic direction of the bank's commercial loan portfolio. Managing sound credit practices, regulatory compliance, and asset quality of the portfolio.
Essential Functions- Lead the monitoring and management of the commercial loan portfolio, including CRE, C&I, SBA, and other business lending segments.
- Develop and implement portfolio strategies to ensure the risk ratings reviews are completed in a timely manner.
- Identify trends, concentrations, emerging risks; recommend proactive measures to mitigate exposure.
- Supervise and mentor a team of commercial portfolio managers.
- Ensure adherence to internal credit policies and regulatory guidelines.
- Maintains on-going financial and covenant tracking of the commercial loan portfolio.
- Partner with commercial lenders to support client relationships and ensure timely and effective portfolio servicing.
- Engage with borrowers on complex credit matters, renewals, and restructures as needed.
- Oversee the preparation of portfolio reports for executive management and the board.
- Analyst portfolio performance metrics, including delinquencies, charge-offs, and risk ratings.
- Support regulatory exams and internal/external audits with relevant documentation and analysis.
- Make recommendations to appropriate risk rating changes.
Job Requirements and Qualifications- Job requires strict attention to detail and thoroughness in the completion of job duties.
- Job requires thorough analysis of information and use of logic to address complexity of data and information.
Education and Experience- Bachelor's degree in finance, business or related field or equivalent experience
- Minimum of 7 years' experience in a financial institution's Commercial Loan department
- 2 - 4 years of Supervisory skills
- Extensive knowledge of financial institution's sound lending policies and procedures
- Extensive knowledge of Commercial Real Estate lending practices
- Knowledge of SBA lending programs preferred, but not required
Licenses and CertificationsKnowledge, Skills, and Abilities- Ability to work independently with limited supervision
- Ability to work in a structured environment with established procedures
- Professional behavior mandatory at all times
- Good organizational skills and ability to multi-task
- Ability to effectively communicate with other bank departments
- Excellent reading comprehension and legible writing skills
- Knowledge of administrative and clerical procedures and systems such as word processing, managing data, files, and records, designing forms, and other office procedures.
- Excellent oral and written communication skills.
- Excellent computer skills in a Microsoft Windows environment including proficiency in Word and Excel.
- Ability to collaborate and relate well to all kinds of people, build appropriate rapport and constructive, effective relationships, and use tact and diplomacy to handle situations comfortably.
- Ability to read, comprehend, analyze, and interpret legal documents, governmental regulations, and professional publications.
- Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, and percentages. Ability to apply concepts of basic algebra.
- Ability to write reports and business correspondence.
- Ability to speak and write clearly to effectively convey information so that others understand and as appropriate for the needs of the audience.
- Ability to apply common sense understanding to carry out written and oral instructions.
- Ability to work independently with little supervision.
Compliance- It is the responsibility of each bank staff member and of management to adhere to policies and procedures designed to implement compliance with the laws and regulations to which the bank is subject. Each bank staff and management member shall be accountable for understanding how compliance with laws and regulations affects the performance of their day-to-day duties, for completing compliance training as assigned and for carrying out those duties in a manner to achieve compliance with those laws and regulations.
This document describes the position currently available. It is intended to convey information essential to understanding the scope of the position and is not an exhaustive list of skills, efforts, duties, responsibilities, or working conditions associated with it. Unity Bank reserves the right to modify duties or job descriptions at any time. Nothing in this job description restricts management's right to assign or reassign duties and responsibilities at any time. Individuals may perform other duties as assigned, including work in other functional areas to cover absences or relief, to equalize peak work periods, or otherwise balance the workload.
