Portfolio Manager II or III

Essential Functions

• Maintain oversight 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 credit performance issues as needed.
• Ensure timely and accurate reporting of commercial portfolio monitoring activities and adherence to credit policies, procedures, and thresholds.
• Evaluate risk associated with non-compliance and engage with customers to discuss operating performance and business results, including covenant compliance.
• Gain a thorough understanding of borrower's business model and industry trends to effectively evaluate sources of repayment and assign risk ratings.
• Collect and review all pertinent credit and financial information, including financial statements, tax returns, due diligence reports, credit bureau data, appraisals, internal credit information, industry research, and peer data.
• Determine the need for more thorough investigation or additional information.
• Prepare financial models and document historic and proforma cash flows, covenant calculations, sensitivity analysis, guarantor statements, and collateral valuations as required.
• Analyze financial information and related materials to ensure prudent ongoing credit monitoring for the Bank's commercial loan portfolio.
• Perform an independent credit quality assessment with well-supported risk rating rationale, identify credit risks and mitigants, and address industry concerns and market trends.
• Identify emerging risks or material changes in customer financial positions, including evaluations of compliance with loan agreements.
• Affirmatively assist in completing 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.
• Liaise between Commercial Banking Relationship Managers, Credit Risk, the Underwriting Team, and Special Assets to ensure necessary credit approvals are obtained and appropriately documented.
• Document and track key risk indicators associated with monitoring and control procedures and any applicable thresholds.
• Navigate Northwest’s policies and procedures and Federal/State regulations to ensure compliance.
• Utilize Microsoft Office software and other relevant department-specific software to maximize technology tools and enhance efficiency.
• Collaborate with team members to monitor and manage multiple responsibilities simultaneously.
• Conduct financial analysis, assess risk, review documentation, coordinate loan closings, and administer construction loans.

Qualifications

• Bachelor's Degree in Accounting, Finance, Economics, or a 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.
• Extensive analytical, organizational, and critical thinking skills.
• Extensive teamwork and ability to manage multiple responsibilities simultaneously.
• Extensive credit risk analysis including assessment of financial statements, collateral valuation, industry review, and risk rating assignments.