CRE Portfolio Manager II or III

Locations: Fishers, NY; Independence, OH; Erie, PA; Bellevue, PA; State College, PA

About the role

The Commercial Portfolio Manager is responsible for the ongoing monitoring process for the Bank's commercial loans to ensure timely and accurate risk ratings and compliance with credit policy, loan agreements, and applicable banking regulations. This individual contributor position interacts closely with and supports Commercial Banking Relationship Managers, as well as other internal personnel, on commercial credit portfolio monitoring working under limited supervision. Construction loan experience is desirable. Portfolio level (II or III) will be determined based on the candidate's knowledge and experience.

Responsibilities

• Monitor credit performance of individual commercial borrowers ensuring timely escalation or remediation, as appropriate.
• Ensure timeliness and accurate reporting of commercial portfolio monitoring activities and adherence to credit policies, procedures, and thresholds related to financial statement collection, covenant testing, collateral valuation, annual reviews, and delinquencies. Evaluate risk associated with non-compliance.
• Engage with customers regularly to discuss operating performance and business results, including covenant compliance. Gain a thorough understanding of the borrowers’ business model and industry trends to effectively evaluate sources of repayment and accurately assign risk ratings.
• Collect and review all pertinent credit and financial information, including but not limited to financial statements, tax returns, due diligence reports, credit bureaus, appraisals, internal credit information, industry research, and peer data. Determine the need for more thorough investigation or additional information.
• Spread financial statements and prepare financial models designed to assess probability of default and loss given default. Document historic and proforma cash flows, covenant calculations, sensitivity analysis, guarantor statement review, and collateral valuation as appropriate.
• Analyze financial information and related materials to ensure prudent ongoing credit monitoring for the Bank’s commercial loan portfolio. Analyses include an independent credit quality assessment with well-supported risk rating rationale, identification of credit risks and mitigants, industry concerns, market trends, financial trends, and other pertinent credit issues.
• Identify emerging risks or material changes in customers' financial position, including evaluation of compliance with loan agreements.
• Assist in completion of annual reviews, renewals, interim update memos, covenant calculations, and criticized asset reviews. Monitor early warning indicators and other forms of credit surveillance.
• Present analysis or address questions during credit discussions or presentations.
• Serve as liaison between Commercial Banking Relationship Managers, Credit Risk, the Underwriting Team, and Special Assets to ensure necessary credit approvals are obtained, appropriately documented, and loan operating system reflects accurate commercial loan data.
• Document and track key risk indicators associated with monitoring and control procedures and any applicable thresholds.
• Ensure compliance with Northwest’s policies and procedures, and Federal/State regulations.
• Navigate Microsoft Office Software, computer applications, and department-specific software to maximize technology tools and gain efficiency.
• Work as part of a team and with on-site equipment.

Requirements

• Bachelor's Degree in Accounting, Finance, Economics, or related discipline preferred.
• Relevant experience in Commercial Lending as a Portfolio Manager, Relationship Manager, and/or Credit Officer/Underwriter working with moderate to complex loans and documentation preferred.
• Experience in Commercial Credit or public accounting preferred.
• Ability to perform financial analysis, assess risk, review documentation, coordinate loan closings, and administer construction loans.
• Strong analytical, organizational, and critical thinking skills.
• Team-oriented with ability to monitor and manage multiple responsibilities simultaneously.
• Extensive experience in credit risk analysis including assessment of financial statements, collateral valuation, industry review, and risk rating assignments.
• Travel as needed for training and occasional team meetings.

Schedule

This position is performed onsite Monday - Thursday with Fridays an optional remote day.

Pay

The pay range for this position is $61,500 - $110,000 annually. Actual pay is based on various factors including but not limited to the successful candidate’s experience, skills, and knowledge. Additional bonus earning opportunities are available.

Benefits

Benefits are available with this position.