The Portfolio Manager will be responsible to personally manage an assigned credit portfolio of C&I clients, which includes traditional C&I, owner-occupied CRE and some Not-For-Profit credits. The individual will have additional management responsibilities of our Securities Based Lending portfolio.
We support a hybrid work environment.
Primary Responsibilities
- Provide in-depth, independent analysis of financial statements, management competencies, industry impact, competitive dynamics, collateral, and guarantor support for new/renewal opportunities and other credit reporting deliverables.
- Make recommendations to the senior staff and other credit approvers regarding credit amount, structure, and adherence to credit policies, guidelines and applicable regulatory compliance.
- Manage assigned portfolio by facilitating borrower financial reporting, proactively monitoring performance and trends, ensuring risk rating integrity, ensuring timely compliance with all reporting, covenants, identifying issues, and following through for remediation, and adhering to compliance and regulatory reviews.
- Participate in the credit portion of client calls for in-depth financial questions, deal information, collection of financial statements, and other portfolio management requirements.
- Participate in special projects to aid with the continuous improvement of portfolio management and support Management on a project/as need basis.
Requirements/Qualifications
- Bachelor’s degree in Finance or Accounting with formal credit training desired.
- 5+ years of experience in commercial underwriting, including but not limited to Commercial & Industrial, owner-occupied real estate and not-for-profit. Construction loan underwriting and administration (construction budgets, sources/uses, construction draw administration, property entitlement, lease analysis and property valuation principles) is also desired.
- Advanced written, mathematical, and analytical skills that demonstrates an ability to analyze balance sheet structure, stress test income and identify cash flow trends.
- Knowledge of financial statement spreading, including proficiency in preparing pro-forma statements.
- Excellent written, oral, organizational, and interpersonal skills used towards structuring, closing, maintenance, and problem resolution. A strong knowledge of loan documentation requirements.
- Ability to self-manage multiple tasks at one time to meet deadlines, whether working independently or a team environment.
- PC proficiency with Word and Excel, including the use of system and user generated formulas, macros, charts, and tables.
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