The Portfolio Manager III is responsible for managing complex commercial lending relationships and supporting the underwriting, maintenance, and risk management of an assigned loan portfolio. This position serves as a key partner to Relationship Managers and works independently to analyze credit opportunities, structure loan solutions, and ensure the ongoing quality of the portfolio. The Portfolio Manager III also provides guidance and support to junior Portfolio Managers and Credit Analysts while delivering exceptional client service and identifying opportunities to grow existing banking relationships.
Essential Responsibilities:
• Manage commercial loans from application through underwriting, approval, documentation, and closing.
• Analyze borrower financial information and structure appropriate credit solutions.
• Partner with Relationship Managers, Credit Analysts, and Credit Administration to support new and existing client relationships.
• Monitor assigned loan portfolios for credit quality, covenant compliance, maturities, renewals, and exceptions.
• Prepare loan proposals, renewal requests, and related credit documentation.
• Process loan advances and draw requests in accordance with approved loan terms.
• Respond to client inquiries and provide timely, professional service.
• Identify opportunities to deepen client relationships through additional banking products and services.
• Review larger and more complex credit requests and loan structures.
• Provide guidance, training, and mentoring to Portfolio Manager I, Portfolio Manager II, and Credit Analyst positions.
Professional / Educational Experience:
Bachelor's degree (B.A.) in Business, Finance, Accounting, or a related field, or equivalent combination of education and experience.
Minimum 5 - 7 years of commercial banking, credit analysis, underwriting, or portfolio management experience.
Strong knowledge of financial statement analysis, commercial credit underwriting, and complex loan structures required. Candidates should possess excellent analytical, organizational, communication, and problem-solving skills, along with the ability to work independently and manage multiple priorities in a fast-paced environment. Experience with commercial loan documentation, portfolio management, and mentoring junior staff preferred.
The hiring pay range for this position is $116,582 - $163,216. In addition to the pay range listed, all bank positions are eligible for incentive compensation, which varies based on role. The pay rate for a successful applicant depends on a variety of factors including but not limited to geographic location, work experience, education, and/or skill level.
The Bank of Marin is a growing public company with career advancement opportunities. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, a retirement savings plan with employer matching opportunity, bank-paid Employee Stock Ownership Plan, tuition reimbursement, employee volunteer program and more. Additional details about total compensation and benefits will be provided during the hiring process.
