Commercial Portfolio Manager

Primary Purpose

Aid the loan officers in managing and monitoring their loan portfolios, including loan underwriting for new and existing members and member interactions. Perform various member service tasks and assignments.

Essential Responsibilities

• Assist loan officers with the loan approval process by obtaining and analyzing financials, preparing loan summaries and packages for approval.
• Attend outside prospect and member meetings as necessary.
• Monitor the maturing loan report and assist loan officers and administrative officers in underwriting loans for renewal, including requesting necessary financial information and completing LCA's for temporary extensions.
• Manage past dues, inputting new loans and renewals to UN/FY, and complete quarterly Problem Asset Reports for review and approval.
• Assist with managing credit monitoring items and Priority 1 exceptions.
• Learn about the bank's products and services to identify cross-selling opportunities and assist loan officers and administrative officers as needed.
• Work on special projects to improve loan portfolio management efficiency.
• Clarify closing requirements for all loans and manage exceptions as needed.
• Proactively build strong partnerships with business partners.
• Adhere to applicable laws and regulations, including AML and BSA.

Minimum Required Skills & Competencies

• Excellent member service skills.
• Excellent communication skills and professional interaction with internal and external members.
• Complete understanding of TowneBank lending culture and philosophy.
• Satisfactory completion of Credit and Small Business rotation or equivalent financial analysis and underwriting experience.
• Ability to work with minimal supervision and collaborate effectively across departments.
• Previous lending experience or loan operations experience.
• Knowledge of Bank policies and procedures.
• Computer skills (Word and Excel).

Desired Skills & Competencies

• College degree in Business, Finance, or Accounting.
• Knowledge of UN/FY.

Physical Requirements

• Exert up to 10 pounds of force occasionally.
• Sit most of the time.
• Close visual acuity for analyzing data, viewing a computer terminal, reading, and preparing documentation.
• Not substantially exposed to adverse environmental conditions.

Good-faith Compensation Range

The good-faith compensation range for this role is expected to be $65,000 to $85,000 per year for a PM I and $85,000 - $110,000 per year for a PM II. Exact compensation will be based on the role, market, internal equity, and candidate qualifications.