Commercial Portfolio Manager I

About the role

The Commercial Portfolio Manager supports the commercial loan and deposit portfolio of one or more Relationship Managers (Commercial with some CRE) by providing quality underwriting, sound portfolio management, and superior client service.

Responsibilities

• Analyzes financial information to evaluate the credit worthiness of new loan requests, renewal loan requests, and ongoing portfolio management activities through thorough and accurate analyses within the parameters of the Bank’s policies and procedures.
• Completes industry research supporting existing and new customers to the Bank.
• Compiles commercial loan packages (non-BL and BLE) ensuring completeness and accuracy of information provided, including a written credit memo with background information on the customer, financial analysis of the borrower and guarantors, critical analysis of potential risk to the Bank, proper risk grading, and a thoughtful recommendation.
• Completes additional credit analysis using in-depth tools outside of traditional spreads and global cash flow (e.g., CRE analysis tool).
• Guides loan requests through the Credit Approval Process, ensuring structure meets client needs and the Bank’s operating objectives.
• Ensures large commercial loan relationships comply with state and federal regulations and Bank policies.
• Monitors and services large commercial loan portfolios through centralized covenant testing and tracking, annual servicing reviews, and exception clearing.
• Properly grades risk of each loan in the assigned portfolio per policy and recommends adjustments as circumstances change.
• Assists the Relationship Manager in credit presentations to Credit Administration or other leadership committees.
• Ensures all required documentation is in file for loans and treasury management approvals; works with the Relationship Manager and LOA to clear documentation or compliance deficiencies.
• Periodically accompanies the Relationship Manager on calls with existing or prospective customers as requested.
• Builds and maintains positive working relationships with internal business partners (Loan Operations, Credit Administrators, Loan Operations Area, Credit Leadership, Local Line Leadership, and Branch Personnel).
• Undertakes special projects related to job function as determined by Credit Administration Leadership.
• Continuously updates skills through professional training and cross-training opportunities offered by the Bank.
• Works with the Relationship Manager, Credit Administrators, and Loan Assistant to minimize past-due loans.
• Serves as a trusted advisor to clients and prospects within the context of risk management.
• Demonstrates a commitment to fair lending practices and remains knowledgeable of all laws and regulations governing lending activities.
• Ensures compliance with all applicable Bank policies, state, and federal regulations.
• Builds and maintains positive working relationships with attorneys, appraisers, developers, and others to enhance the Bank’s image and reputation.
• Stays abreast of the Bank’s products and services.
• Adheres to corporate policies, federal and state regulations, and laws, including those pertaining to the Bank Secrecy Act (BSA), Anti-Money Laundering (AML), Customer Identification Program (CIP), and OFAC.
• Accepts other duties as assigned.

Skills

• Excellent interpersonal skills
• Proficient in Microsoft Excel and Word
• Strong organization skills
• High attention to detail
• Cooperative and willing to assist coworkers and customers regularly
• Effective listening skills
• Multi-tasking skills and ability to function well under pressure
• Ability to remain composed under pressure and respond to concerns regularly
• Patience and willingness to help others solve problems while maintaining a positive attitude

Requirements

• Four-year degree in Business Administration, Finance, Accounting, or related field; graduation from a recognized school of banking is an asset or equivalent experience.
• Minimum of 4-6 years of experience in credit analysis, commercial banking, or business banking, with at least 2 years of specific portfolio management and/or underwriting experience supporting Middle Market.
• Familiarity with loan structuring and loan documentation.
• Knowledge of accounting and lending principles, as well as excellent oral and written communication skills.
• In-depth knowledge of federal and state lending regulations and Bank policies related to lending procedures.

Training

• South State Bank credit policies, procedures, and underwriting standards.
• Annual regulatory and compliance training.
• Additional training as required.
• New Employee Orientation.

Work Environment

• Must be able to stand and/or sit for long periods of time.
• Must be able to effectively access and interpret information on computer screens, documents, and reports.
• This position does not require travel.

Work Location: 200 E Las Olas Blvd, Fort Lauderdale, Florida 33301