Portfolio Manager II or III

Essential Functions

• Maintain ongoing monitoring of commercial loan portfolios to ensure timely and accurate risk ratings and compliance with credit policy, loan agreements, and regulatory requirements.
• Timely escalation or remediation of issues as needed.
• Timely and accurate reporting of commercial portfolio monitoring activities and adherence to credit policies, procedures, and thresholds.
• Regularly engage with customers to discuss operating performance and business results, including covenant compliance.
• Analyze financial information and related materials to assess credit risks and identify mitigants.
• Document historic and proforma cash flows, covenant calculations, sensitivity analysis, guarantor statement reviews, and collateral valuations as required.
• Analyze financial information to support credit quality assessments and risk ratings.
• Identify emerging risks or significant changes in customer financial positions, including compliance with loan agreements.
• Assist in completing annual reviews, renewals, interim updates, 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.
• Liaise between Commercial Banking Relationship Managers, Credit Risk, the Underwriting Team, and Special Assets to ensure necessary credit approvals are obtained and appropriately documented.
• Track and document key risk indicators and ensure compliance with policies and procedures.
• Utilize Microsoft Office software and other relevant applications to enhance efficiency.

Qualifications

• Bachelor's degree in Accounting, Finance, Economics, or a related field preferred.
• Relevant experience as a Portfolio Manager, Relationship Manager, or Credit Officer/Underwriter with moderate to complex loans and documentation.
• Experience in Commercial Credit or public accounting preferred.
• Strong analytical, organizational, and critical thinking skills.
• Extensive experience in credit risk analysis, including financial statement assessment, collateral valuation, industry review, and risk rating assignments.
• Ability to work independently and manage multiple responsibilities simultaneously.
• Travel requirements as needed for training and occasional team meetings.

Pay and Benefits

The pay range for this position is generally $61,500 - $110,000 annually. Actual pay is based on various factors including experience, skills, and knowledge. Additional bonus earning opportunities and benefits are also available.