Commercial Loan Portfolio Manager

Primary Purpose

The Portfolio Manager is responsible for the ongoing credit administration, monitoring, risk assessment, and management of an assigned commercial loan portfolio. Responsibilities include performing financial analysis; preparing credit memoranda for new, renewed, and modified credit facilities; monitoring covenant compliance; risk rating maintenance; and identifying emerging credit concerns.

Responsibilities

• Manage workflow and portfolio deadlines to ensure timely completion of annual reviews, renewals, covenant tracking, and exception resolution.
• Accurately maintain tracking system with respect to updated financial information, reviews, and loan covenant testing.
• Perform detailed financial analysis and summary of business entities and interpret financial information based upon supplied financial statements, tax returns and company prepared documents.
• Actively manage portfolio to maintain credit quality standards and identify areas of concern.
• Accurately maintain loan risk ratings for loans within the assigned portfolio(s) in accordance with the bank’s policy and procedures.
• Inform appropriate loan officer, credit manager, and credit officer of potential risks associated with loan reviews and follow up to ensure compliance.
• Maintain accurate knowledge of Manasquan Bank credit, guidelines, practices, and regulatory policies to maintain compliance.
• Maintain and update watch list credits in the portfolio(s).
• Assist lenders with customer contact, loan requests within the portfolio and required site visits.

Job Requirements

• Advanced knowledge of commercial credit analysis, financial statement spreading, cash flow analysis, collateral evaluation, and loan structuring.
• Strong analytical skills: ability to review and understand individual and company financial statements, tax returns, cash flow, industry and competitive analysis and projections.
• Strong background in CRE, C&I and small business underwriting and lending.
• Working knowledge of all commercial products and services.
• Experience with banking software/applications.
• Strong competency to problem solve accurately and efficiently, organize time and resources, and set priorities to accomplish multiple duties.
• Excellent communication skills – verbal, written, listening.
• Great interpersonal skills; commitment to exceptional service and client relationship development for internal and external clients.
• Must possess the level of product knowledge necessary to effectively promote the Bank’s products and services by identifying cross selling opportunities, educating clients regarding the benefits of the Bank’s products and services, and effectively promoting them.
• Align and embrace our pillar core values of engagement, quality, innovation, & relevance and sustainability.
• Complete required enterprise-wide training to keep current on regulatory and industry trends.

Total Rewards

• Benefits: medical, dental, vision, life insurance, 401K, PTO & FSA.
• Career Development: tuition reimbursement, student loan repayment, Calm app, & pet benefits.
• Compensation: market competitive salaries and annual merit increase and bonus program.