Portfolio Manager

This position is primarily responsible for analysis, monitoring, and preparation of credit memorandums, criticized/classified loan memos, and annual loan reviews to assist loan officers in moving loan requests through the approval process.

Responsibilities

• Works with existing clients and prospects to gather required information.
• Ensures the accuracy of financial analysis prepared by the Analyst Team.
• Analyzes financial spreads to determine compliance with Bank credit policy.
• Prepares credit memorandums, criticized/classified loan memos, and annual loan reviews in Credit Quest software for lenders.
• Collaborates with the Team Assistant to collect documents needed by the loan documentation team.
• Requests preliminary title reports, environmental reports, and appraisals as directed by the loan officer.
• Analyzes borrowing base reports prepared by clients and notifies the loan officer of discrepancies.
• Monitors credits through management reports such as Out of Compliance Report, Annual Loan Review Report, Delinquency Report, and Maturing Loan Report.
• Understands and observes laws and regulations related to commercial lending.
• Projects professionalism in appearance and attitude when dealing with customers.
• Coordinates with other departments as necessary.
• Completes all required training modules with passing scores.
• Follows all state and federal laws, as well as Riverview policies and procedures.

Relationships

• Maintains a strong working relationship with the Commercial Loan Team Leader, peers in the lending area, and other support areas.
• Maintains contact with clients to ensure appropriate service levels.

Requirements

• Bachelor’s degree in business, finance, or a related field is preferred.
• Two or more years of commercial lending support experience.
• Strong analytical skills and excellent communication skills.
• Knowledge of bank services or equivalent combination of education and experience.

Skills

• Ability to communicate with lenders and build strong working relationships.
• Ability to read, analyze, and interpret business and personal financial statements and tax returns.
• Understanding of bank lending policy and governmental regulations.
• Ability to prepare concise credit memorandums, annual loan reviews, and criticized/classified loan memos that define risk and financial condition.
• Ability to accurately analyze asset-based lending borrowing bases.
• Ability to identify concerns or changes in the financial position of borrowers and communicate them to the lending officer.
• Ability to work with mathematical and financial concepts such as global cash flow and other financial ratios.
• Ability to resolve day-to-day problems with some assistance and handle a variety of issues.
• Ability to develop loan structures that protect the bank with some assistance.
• Ability to define problems, collect data, establish facts, and draw valid conclusions.
• Basic computer skills, including proficiency with Microsoft Office and Credit Quest lending system.

Physical Demands

• Regularly required to communicate effectively via phone, video, messaging, and email.
• Required to use computer and office equipment such as a computer, printer, and copier.
• Frequently required to occupy a workstation for long periods of time.

Pay

The salary for this role will be between $77,000 and $111,000 a year, depending on factors such as skills and prior relevant experience.

Benefits

• Healthcare benefits
• 401K plan
• Short-term and long-term disability coverage
• Life insurance
• Vacation and sick time
• Educational assistance
• Paid holidays
• Additional rewards for certain roles