Portfolio Manager

Preferred Bank

$90K — $120K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in business administration or related field preferred.
  • Minimum 5 years of underwriting experience in lending or relevant Commercial Real Estate lending experience required.
  • Branch Operations/New Account background is a plus.
  • Excellent communication skills, both verbal and written.
  • Strong leadership and decision-making skills.
  • Proficient analytical and problem-solving skills.

Responsibilities

  • Underwrite, review, and manage an assigned loan portfolio.
  • Support relationship managers and loan teams in documenting loan processes.
  • Timely update financial covenant and compliance tracking for various financial statements.
  • Upload all application documents to the Bank's archives platform.
  • Structure and price loans while cultivating client relationships.
  • Determine appropriate risk ratings based on qualitative and quantitative performance.
  • Ensure compliance with the bank's credit guidelines.

Benefits

  • Opportunity for professional development and career advancement.
  • Collaborative work environment with access to experienced mentors.
  • Exposure to a diverse range of commercial lending products.
  • Tools and resources to facilitate effective loan management.
  • Engagement with a dynamic team focused on client relationship building.
Full Job Description
Responsible for underwriting, reviewing, and managing anassigned loan portfolio while providing support to the relationship managers/loan team in obtaining information and preparing required forms to document, close, disburse and maintain loans (Construction, Commercial including Lines of Credit, CRE) in portfolio. Timely update of financial covenant/compliance tracking ("Ticklers") for financial statements, operating statements, tax returns, rent rolls, and insurance while uploading all application documents to the Bank's archives platform ("Synergy"). In addition, the Portfolio Manager is responsible for structuring, pricing, and cultivating current and new client relationships. Determine appropriate risk rating, both qualitative and quantitative based on performance during the review time period and compare it against bank's credit guidelines.

QUALIFICATIONS:
  • Bachelor's degree in business administration or related field preferred.
  • Minimum 5 years of underwriting experience in lending or relevant Commercial Real Estate lending experience required.
  • Branch Operations/New Account background a plus.
  • Excellent communication skills, both verbal and written.
  • Excellent leadership and decision-making skills.
  • Strong analytical and problem-solving skills.

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