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.
• Accurately report and adhere to credit policies, procedures, and thresholds related to financial statement collection, covenant testing, collateral valuation, annual reviews, and delinquencies.
• 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 bureaus, 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 statement reviews, and collateral valuations as appropriate.
• Analyze financial information and related materials to ensure prudent ongoing credit monitoring for the Bank’s commercial loan portfolio.
• Perform independent credit quality assessments with well-supported risk rating rationale, identify credit risks and mitigants, and address industry concerns, market trends, financial trends, and other pertinent credit issues.
• Identify emerging risks or material changes in customer financial position, including evaluation of compliance with loan agreements.
• Avoidance of early warning indicators and other forms of credit surveillance.
• Presentation of analysis or addressing questions during credit discussions or presentations.
• Liaison 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.
• Utilize Microsoft Office software and other specific departmental software to maximize technology tools and enhance efficiency.
• Work as part of a team and manage multiple responsibilities simultaneously.
• Assist in completing annual reviews, renewals, interim update memos, covenant calculations, and criticized asset reviews.

Qualifications

• Bachelor's Degree in Accounting, Finance, Economics, or 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.
• 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 but not limited to the successful candidate’s experience, skills, and knowledge. Additional bonus earning opportunities and benefits are also available.

About the Role

This position is performed onsite Monday - Thursday with Fridays an optional remote day.

Schedule

This position is performed onsite Monday - Thursday with Fridays an optional remote day.

Benefits

Northwest is an equal opportunity employer. We are committed to creating an inclusive environment for all employees.