Position SummaryThe Portfolio Manager is responsible for supporting the Bank's portfolio of business by servicing prospective and current customers with a variety of commercial loans. These activities will be accomplished by conducting regular risk reviews, financial statement analysis, direct involvement in underwriting, document review and ongoing portfolio management.
Primary Duties and Responsibilities- Review loan underwriting and work directly with underwriters to get complete and accurate loan write up to the appropriate approval queues.
- Provide guidance and oversight to junior staff throughout the underwriting and diligence process.
- Draft term sheets and communicate loan terms with borrowers, as well as request items needed to begin renewal process.
- Supports the growth and development of the assigned commercial lending loan portfolio by effective portfolio management.
- Monitor current, matured, and past due loans for Loan Officers, while making appropriate recommendations.
- Effectively monitoring portfolio for revenue opportunities and/or loan exposures.
- Support Loan Officers in prescreening potential borrowers and loans, performs due diligence and proper loan structuring.
- Collaborate with attorneys to reviews loan documentation for accuracy.
- Prepares lending activity reports for management and loan committee as needed.
- Establish and maintain relationships with customers to proactively identify and recommend additional opportunities.
- Comply with the Bank Secrecy Act, OFAC and USA PATRIOT Act including Customer Identification Program, customer due diligence and reporting suspicious activity to the BSA Department.
- Maintains current and up-to-date knowledge and continues professional development through training as applicable.
- Demonstrates a courteous, pleasant, self-motivated, and dependable behavior. Maintaining a professional environment in both appearance and conduct.
- Performs additional duties as assigned or directed.
Education and Experience Required- Bachelor's degree preferred.
- Minimum 3 years' experience in Portfolio Management.
- Experience in technology lending, including SaaS and recurring revenue business models.
Skills and Abilities Required- Strong knowledge of credit and lending policies.
- Proficient in using PC software tools including Microsoft Office.
- Banking financial analysis.
- Strong analytical and underwriting skills.
- Strong organizational skills and effective time management.
