Credit Portfolio Manager I

About the Role

Perform independent analysis for commercial loan requests for new and existing Commercial Lending relationships of a moderate to complex nature; evaluate and make recommendations to approve, deny, or offer alternative structuring solutions. Monitor an existing Commercial Lending portfolio to ensure timely completion of renewals, annual reviews, and modifications, as well as timely and accurate risk rating of the portfolio. Prepare written analysis and succinctly summarize underlying risk and recommend risk rating. Identify and document any deviations from the Commercial Loan Policy as appropriate.

Responsibilities

• In partnership with the Commercial Relationship Managers and Regional Managers, ensure underwriting for all renewals, extensions, annual reviews, and new requests in their assigned portfolio are completed accurately and timely.
• Establish and maintain relationships with current and prospective customers to proactively identify and recommend opportunities to cross-sell additional loan and non-credit products.
• Monitor reports for the assigned portfolio, including maturing loans, financial exceptions, annual reviews, post-closing and documentation exceptions, financial covenants, and past due loans.
• Perform detailed analysis and quality underwriting of moderate to complex loan proposals for new and existing customers, including multiple facilities or companies, complex collateral relationships, and/or complex industries.
• Proactively and independently analyze and structure proposals, complete the underwriting and evaluation process, and identify loan structure alternatives.
• Be the final decision maker on credits within individual lending authority and ensure compliance with credit policy and underwriting requirements.
• Demonstrate an understanding of the Bank’s overall portfolio mix, concentration and exposure limits, risk philosophy, stress modeling, and other quantitative risk modeling factors.
• Perform in-depth projective financial analysis using automated and manual analytical tools, including "what-if" scenarios to test projections or construct predictive performance.
• Conduct thorough annual reviews of current portfolio clients, including financials, site visits, and assessment of general business information and risk indicators.
• Perform analysis of secondary sources of repayment such as collateral, applying appropriate discount factors to estimate collateral marketability in a liquidation scenario.
• Analyze a guarantor's financial position through personal financial statements, tax returns, and credit reporting documentation to assess contingent liabilities and net cash flow.
• Exercise a high level of review authority over own work and that of less experienced staff to ensure compliance with applicable laws, regulations, and guidelines.
• Maintain the overall credit quality of the region’s loan portfolio by proactively identifying the impact of current economic and market trends and taking appropriate action to mitigate risks.
• Identify and document any deviation from the Commercial Loan Policy as appropriate.
• Discuss and review covenants and overall assessments with reviewers and establish turnaround/delivery requirements.
• Participate in customer meetings to provide expert analytical counsel and credit perspective.
• Prepare comprehensive written analyses for loan proposals, including financial statements, cash flow trends, management profiles, business cycles, and market research.
• Assign a credit risk rating and prepare in-depth loan packages with detailed analysis and recommendations for presentation to reviewers and/or Management Credit Committee.
• Attend Management Credit Committee to provide input on overall assessment and answer questions regarding credit analysis.
• Ensure compliance of all required documentation and adherence to loan terms, conditions, and established credit policy.
• Ensure compliance with applicable federal, state, and local laws and regulations, agency guidelines, and organization policies.
• Provide approval authority for commercial loans as specified by Loan Policy.

Requirements

• Demonstrated knowledge of commercial lending process, including credit evaluation and underwriting ability, with proven ability to make independent credit assessments.
• Demonstrated knowledge of credit approval policy and process with the ability to accurately interpret lending policy and apply it to portfolio management.
• Knowledge of qualitative portfolio analytics and metrics with the ability to utilize automated and analytical tools and techniques.
• Ability to identify and quantify business risks and the key drivers of risk and focus decisions accordingly.
• Ability to understand client industry and its general fit to portfolio parameters.
• Working knowledge of banking regulations and laws governing commercial lending.
• Strong written and oral communication skills with the ability to effectively communicate financial analysis detail in a clear, concise manner.
• Ability to establish and maintain professional internal partner and external client relationships.
• Strong organizational skills with ability to set priorities in a multi-task environment and meet deadlines.
• Demonstrated proficiency with Microsoft Office, with specific capability in Word and Excel.
• Ability to maintain the confidentiality of credit and customer information.

Benefits

• On-site fitness facility at Red Bank and Toms River headquarters offices.
• Hybrid schedule after initial onboarding has been completed.
• Employee perks & discount programs.
• Tuition assistance.
• Incentive compensation program.
• Professional development opportunities.