What the Role Is

The Portfolio Manager has a primary responsibility to underwrite, structure, document and monitor a portfolio of commercial loans, either assigned directly or under the supervision of the Relationship Manager(s) and in partnership with credit, appraisal and loan operations department, credit administration and lending administration. They also act as an extension of the relationship team and shares the responsibility for developing team solutions for credit, deposit and non-credit products/services.

Principal Duties and Responsibilities:

• Works with the Relationship Manager(s) to attract and expand commercial banking relationships and will participate in joint business development calls or make independent customer contact as needed.
• Works with the Relationship Manager(s) on loan origination and renewal functions which will include gathering financial information and working with the Credit Department and Analyst to prepare financial analysis, loan application and officer credit memo. Will also work with the relationship team on doing annual relationship reviews and financial analysis.
• Provides support to the Relationship Manager on loan structure, loan covenants and loan pricing, while maintaining compliance with the commercial loan policy and regulatory requirements.
• Participates in loan presentations for approval.
• Assists with drafting client presentations, proposals, term sheets and commitment letters.
• Ensures loan documentation is complete and accurate, that it complies with bank policy and regulations and that it complies with the loan approval document.
• Working with the relationship team and as appropriate, coordinating closings with outside legal counsel, title company and other vendors.
• Coordinates the onboarding and maintenance of loan information on the Loan Origination System and the Bank's imaging system.
• Monitors loan status (future maturities, past dues, exceptions and ticklers), borrowing base compliance and loan agreement compliance. As appropriate, may handle troubled loans or refer to special assets departments.
• Evaluates exceptions and documentation required to clear; collaborates with Relationship Manager(s) and loan operations to satisfy and remove.
• Identifies opportunities for other credit, deposit and non-credit solutions.

Job Specifications:

• Bachelor's degree in Business, Finance, Accounting or a related field.
• A minimum of 2 years experience in a financial institution. Credit analysis and commercial banking, preferred. Education experience, through in-house training sessions, formal school or financial industry related curriculum, preferred.
• Possesses knowledge of commercial loan processing and documentation and have a basic knowledge of banking regulations and policies.
• Has advanced knowledge of computer operations, mainframe systems and Google and Microsoft Office software.
• Has the ability to read, analyze and interpret tax returns, financial statements, general business periodicals, professional journals and technical procedures.
• Ability to handle complex issues and problems under minimal supervision, and refers only the most complex issues to higher-level staff. Must possess analytical thinking skills and be detailed oriented.
• Must be a self-starter, have the ability to meet deadlines and to multi-task under pressure.
• Excellent communication and customer relationship skills, both written and orally.
• Must have a desire to thrive in a fast-paced and team-focused environment.

Disclaimer

The above information on this description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.