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Portfolio Manager, II supports the rapidly growing Construction, Engineering, & Architecture Commercial Banking team. The Portfolio Manager analyzes commercial business financial statements and calculates critical credit metrics such as cash flow, leverage, working capital, and collateral coverage. In this role, you will be responsible for underwriting and obtaining commercial loan approvals for this specialized team. The Portfolio Manager will be a point of contact for client relations and will be responsible for client interaction.
What You'll Do- Manage an assigned portfolio of commercial customers in partnership with the relationship manager
- Structure and underwrite complex commercial loan transactions in your assigned portfolio and for new business transactions
- Prepare credit packages for annual reviews, renewals, new loan requests, portfolio reviews and criticized asset reviews
- Provide support and oversight of reporting for portfolio management (delinquency, problem loans, exceptions, tickler tracking, etc.)
- Coordinate collection and review of financial statements, covenant compliance certificates, borrowing bases, and other required reporting documents to comply with loan agreement requirements
- Monitor assigned portfolio for early warning signs of financial weakness or other risks and work with borrowers to develop and execute an appropriate plan to mitigate risk
- Provide credit recommendations to the appropriate level of credit administration
- Review and negotiate loan documentation in consultation with legal counsel and ensure renewals and modifications are properly closed
- Serve as contact for, provide support of and responses to internal audits, loan review, compliance reviews and regulatory exams for the bank
- Comply with all bank policies and procedures as well as applicable state and federal regulations
Qualifications- Bachelor's degree from an accredited institution with a business, finance, economics or accounting major
- Minimum 4 years' financial services industry experience, with a working knowledge of banking environment, products and all supporting processes and technology; prior commercial credit experience highly preferred
- Formal Bank credit training is preferred, with a strong understanding of general credit and risk principles, mitigates, and banking policies/procedures
- Thorough understanding of risks (market, rate, leverage, etc.) as it applies to the commercial lending process
- Understanding of commercial lending policies and procedures along with the knowledge of loan agreement, loan structuring, and collateral procedures
- Proficiency in MS Office: Excel, Word, PowerPoint, and financial forecast models
- Excellent oral and written communications skills
- Strong analytical and organizational skills with the ability to proactively manage and prioritize workflow
- Strong interpersonal skills with a proven ability establishing client relationships and working within a team environment
BenefitsMedical Insurance • Dental • Vision • Life insurance • Accidental death and dismemberment • Short-term and long-term Disability Insurance • Parental Leave • Employee Assistance Program (EAP) • Traditional and Roth 401(k) with company match • Flexible Spending Account (FSA) • Employee Stock Purchase Plan at 5% discount • Critical Illness Insurance • Accident Insurance • Transportation and Commuting Benefits • Banking Benefits • Pet Insurance
CompensationThe estimated salary range for this role is $85,000-$110,000, along with eligibility to earn an annual bonus. Actual salaries may vary based on several factors, such as a candidate's qualifications, skills and experience.
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