Bankwell Financial Group, Inc.

Portfolio Manager

Bankwell Financial Group, Inc. • $120K — $160K *
New Canaan, CT 06840In-Person
Finance & Insurance
5 - 7 years of experience
Today
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Job Overview by Ladders

Qualifications

  • 5+ years of CRE commercial banking experience; C&I experience is a plus
  • Proficient in Microsoft Office, especially Excel and Word
  • Familiarity with Abrigo, Hubspot, Klarivis, Microsoft Copilot 365 is beneficial
  • Thorough knowledge of credit products and regulatory requirements
  • Strong analytical skills for evaluating credit and financial issues
  • Excellent client interface and communication skills
  • Highly organized with a strong attention to detail

Responsibilities

  • Manage loan and depository relationships for the Private Client Team
  • Analyze financial information to assess lending relationships' creditworthiness
  • Monitor customer portfolio credit performance and address issues
  • Prepare accurate credit and loan documentation including financial data
  • Collect financial statements from borrowers and guarantors as needed
  • Track compliance with covenants and manage necessary documentation
  • Review loan files for risk rating appropriateness and support recommendations

Benefits

  • Opportunity for participation in special projects
  • Collaborative environment with a strong emphasis on teamwork
  • Potential for cross-selling additional bank products and services
  • Support for professional development opportunities
  • Exposure to diverse client and portfolio management scenarios
Full Job Description
Summary of Position:

The Portfolio Manager supports the Private Client Team in managing and growing existing CRE and C&I client relationships and assisting with new client relationships. Note - this Portfolio Manager role will also have a meaningful concentration of Real Estate and C&I clients to support. This position is responsible for actively managing and providing oversight of the loan portfolio and depository relationships, while providing excellent customer service on behalf of the Private Client Team.

Responsibilities include:
  • Support the Private Client Team with managing loan and depository relationships.
  • Analyze and review financial information to assess the financial strength and creditworthiness of lending relationships at origination and on an ongoing basis. Spread financial statements and prepare financial models designed to sensitize various conditions impacting the proposed transaction. Prepare cash flow, collateral schedules, covenant sensitivity calculations, financial models, and guarantor statement analysis.
  • Monitor credit performance of customer portfolios and escalate or remediate, as appropriate.
  • Prepare credit and loan documentation by accurately compiling and organizing financial data, credit histories, and collateral information.
  • Assist in the collection of monthly, quarterly and annual financial statements from borrowers and guarantors, as required.
  • Track covenant compliance and provide necessary documentation.
  • Track and manage non-performing, underperforming or delinquent loans, if applicable.
  • Review loan files to ensure that risk ratings are appropriate and prepare documentation to support any recommended changes.
  • Participate in client meetings.
  • Cross-sell additional bank products and services.
  • Participate in special projects, as needed.


Requirements

Qualifications & Skills:
  • Minimum of 5 years of relevant CRE commercial banking experience. Experience in the C&I sector is a strong plus
  • Must be proficient in Microsoft Suite with an emphasis on Excel and Word
  • Proficiency with Abrigo, Hubspot, Klarivis, Microsoft Copilot 365 is a plus
  • Extensive knowledge of credit products offered and regulatory requirements
  • Strong analytical skills in order to evaluate credit and financial issues
  • Strong client interface skills.
  • Able to contribute positively as part of a team
  • Ability to work effectively with a strong will to help others
  • Strong attention to detail and highly organized
  • Excellent written and verbal communication skills
  • Thrives in a high-pressured environment and has the ability to work with tight deadlines
  • Performs assigned tasks accurately and on a timely basis
  • Ability to recommend process improvements to enhance efficiency
  • Adheres to all applicable Policies and Procedures
  • Bachelor's degree preferred


FLSA Status: Exempt

This job description is a general description of essential job functions. It is not intended as an employment contract, nor is it intended to describe all duties someone in this position may perform. All employees are expected to perform tasks assigned by supervisory personnel, regardless of job titles or routine job duties.

Salary Description

$120,000-$160,000

About Bankwell Financial Group, Inc.

Bankwell Financial Group, Inc. operates as the bank holding company for Bankwell Bank that provides a range of banking services to commercial and consumer customers in Connecticut. The company offers checking, savings, and money market accounts; and demand and NOW deposits, as well as certificates of deposit. It also provides commercial lending products, including owner-occupied commercial real estate loans, commercial real estate investment loans, business term loans, equipment financing, and lines of credit to small and medium-sized businesses, as well as real estate construction and development loans. In addition, the company offers residential real estate loans, including conforming and non-conforming mortgage loans, home equity lines of credit, and residential construction and land loans; and consumer loans, such as loans secured by savings or certificate accounts, and unsecured personal loans. Bankwell Financial Group, Inc. was founded in 2002 and is headquartered in New Canaan, Connecticut.
Learn more about Bankwell Financial Group, Inc.
Size
124 employees
Market Cap
$222.9 million
Industry
Finance & Insurance
Net Income
$5.9 million
5 Year Trend
+5.9%
NASDAQ
BWFG
* Ladders Estimates

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