Credit Portfolio Manager

GreatAmerica Financial Services is a highly successful entrepreneurial company providing equipment financing to businesses across the United States. Our exemplary customer service, principle-centered business philosophy, and team-based operating approach are key to our success and growth.

About the role

The Credit Portfolio Manager is responsible for credit underwriting, ongoing portfolio administration, and credit quality oversight for an assigned portfolio. This role partners closely with Credit Leadership, Business Operations, and Business Development to ensure risks are identified, monitored, and managed in accordance with credit policy, regulatory requirements, and GreatAmerica risk appetite. The Credit Portfolio Manager supports new originations, renewals, annual reviews, covenant monitoring, and exception resolution while contributing to portfolio performance and sound credit outcomes.

Responsibilities

• Monitors and services the commercial obligations through quality portfolio management work related to the annual servicing review process and exception clearing.
• Oversee document compliance, covenant compliance, and financial reporting requirements; resolve exceptions timely.
• Contacts borrowers and vendors to obtain updated financial information to ensure quality and recency of documentation within files.
• Meets deadlines and schedules associated with analyzing financial information to evaluate the credit worthiness of ongoing exposure.
• Properly grades risk of each obligation in the portfolio, per policy. Recommends adjustments to risk grades as circumstances change or new information becomes available.
• Gathers and analyzes credit information on current and potential borrowers including preparation of both business and personal financial statement spreads. Prepares written summaries and financial trend, cash flow, and collateral analysis.
• Underwrites commercial credit requests and recommends loan structures by drawing conclusions from the information provided as to the financial condition of the client and identifying key credit risks and mitigating factors.
• Assists in the preparation of problem loan reports on adversely graded borrowers and assist in loan workouts as appropriate.
• Reviews and analyzes third party reports such as appraisals, environmental reports, and credit bureau reports.
• Researches economic environments, business and industry cycles, and assesses management and operations to understand non-financial risks associated with the borrowers and identifying mitigating factors.
• Assures that large commercial relationships are following State and Federal regulations and Bank policies and procedures.
• Builds and maintains positive working relationships with internal business partners (Bank President, Credit Leadership, Operational Risk, and Operations, etc.).
• Undertakes special projects related to job function as determined by Credit Leadership.
• Continuously updates skills by participating in professional training and seeks opportunities to improve skills through cross-training offered by the Bank.
• Adheres specifically to all corporate policies and procedures, Federal and State regulations and laws.
• Follows regulatory requirements including those pertaining to the Bank Secrecy Act (BSA), Anti-Money Laundering (AML), Customer Identification Program (CIP) and OFAC to assist in the identification, detection, and deterrence of money laundering or other unlawful activities.
• Performs credit underwriting and risk assessment for new transactions, renewals, extensions, and amendments, including preparation of clear, concise credit memorandums supporting approval decisions.
• Provides portfolio reporting, analytics, and ad hoc analysis to Credit Leadership.
• Lives and promotes the GreatAmerica Principles and Standards.
• Performs other related duties as assigned.

Requirements

• Bachelor’s degree in Business, Finance, Accounting, or related field.
• Five (5) or more years of commercial credit analysis experience, preferably in a community banking or private banking setting that includes analyzing, negotiating, and/or structuring borrowing transactions.
• Extensive experience in analyzing complex financial statements and tax returns.
• Credit analysis training or experience appropriate for the job requirements.

Skills

• Highly developed communication and presentation skills, including the ability to write clear and concise credit correspondence and to convey complex information clearly and concisely.
• Strong interpersonal skills with emphasis on relationship building both internally and with GreatAmerica Bank clients and prospects.
• Strong organization, prioritization, and time management. Attention to detail and sound judgment.
• Ability to advocate persuasively.
• Broad knowledge of credit principles and commercial lending best practices.
• Capability to independently and proactively manage various relationships and effectively manage multiple priorities.
• Working knowledge of credit risk principles, financial analysis, and loan/lease documentation.

Benefits

Financial Benefits Sharing

• Competitive Compensation
• Monthly Bonuses for Eligible Employees
• 401(k) and Company Match
• Annual Profit Sharing

Health, Wellbeing, And Family Planning Benefits

• Paid Vacation - starting at 80 hours annually for employees in their first year of service.
• Paid Sick Days - Ten (10) per year with a conversion option for unused time.
• Ten (10) Paid Holidays per year.
• Gym Reimbursement
• Health Insurance
• Dental Insurance
• Vision Insurance
• Short-Term and Long-Term Disability
• Company Paid Life Insurance
• Flexible Spending Accounts (FSA)
• Health Savings Accounts (HSA)
• Employee Assistance Program
• Parental Leave

Education And Career Planning Benefits

• Tuition Assistance
• Networking Opportunities
• Leadership Development Opportunities

Perks

• Paid Parking
• Service Awards
• Hybrid work arrangements
• Business casual environment
• A strong organizational culture focused on our greatest asset: you!