Title of position: Portfolio Analyst

Position type: Full-time

Pay range: $70,000 - $100,000

Division: Venture Lending

Work Location Type: Onsite in San Jose or San Francisco

Location: California

The Role

The Portfolio Analyst is responsible for managing a portfolio of clients and developing good business relationships that lead to loans, deposits and other banking products offered by the Bank. The Portfolio Analyst will assist with the management sales and service efforts to ensure retention of existing relationships and growth of new relationships; including tapping into their own professional network.

Job Responsibilities

• Assist in the underwriting and evaluation of new prospects and existing clients to support the senior relationship manager and/or banker
• Take ownership of all aspects of the underwriting, including spread preparation and presentation, cap table analysis, and financial due diligence.
• Coordinate with all Avidbank support groups to deliver an outstanding client experience.
• Proactively track performance of client operations, interfacing with the client and investment partners to consistently to monitor borrower performance.
• Perform ongoing financial analysis to monitor trends and new developments that may impact loan performance.
• Lead the underwriting, approval, negotiating, and closing processes for additional funding requests or modifications to existing loans.
• Coordinate with existing clients and Bank to win the business of any new funds being raised by the client.
• Coordinate with Bank, legal teams, loan closing team and prospect to support documentation of the Loan and Security Agreement (LSA), negotiation of the LSA language and terms with prospect on Bank's behalf. Lead the collection of all Bank required documents from the prospect, diligence review, and establishment of loan facility.
• Prepare monthly reports and summaries to keep management informed on portfolio performance.
• Communicate with client and Credit team to anticipate potential loan issues or questions and work with the senior relationship manager to formulate creative resolutions.
• Perform other duties as assigned.

This position description is not intended to cover or contain a comprehensive list of activities, duties or responsibilities that are required of the employee. Duties, responsibilities and activities may change, or new ones may be assigned at any time, with or without notice.

Qualifications

• 2+ years of related experience in the financial industry
• Results driven
• Financial modeling experience and comfort
• Thrives in a dynamic and remote work environment
• Skilled communicator (written and verbal)
• Strong ability to lead and motivate junior staff
• Ability to interpret financial data and reports and when necessary, recommend appropriate actions
• Ensures absolute confidentiality in all areas of responsibility
• Proactive attitude and resourcefulness

Experience Required

This level of knowledge is normally acquired through a Bachelor's degree along with at least 2 years of related experience. Qualified candidates with equivalent experience should apply.

Benefits

Avidbank offers full time employees' competitive compensation, medical, dental, vision, life insurance, long term disability insurance, 401k with matching, paid holidays and a competitive paid time off policy.

The wage range for this role takes into account the wide range of factors that are considered in making compensation decisions including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs. The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the position may be filled. It is not typical for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case.