Senior Portfolio Manager

Benefits

• Employee Stock Ownership Plan & 401k Plan
• Healthcare (Medical, Dental, Vision, Telehealth, Life insurance)
• 12-week Paid Parental Leave and Medical Leave
• $5,000 Family Care Reimbursement
• PTO from 13 to 23 days depending on tenure
• Cashout and Carryover options
• 11 Paid Holidays
• 4 Days Volunteer Time
• 2 Days Self Allowance Time
• Tuition Assistance

Responsibilities

• Manage a portfolio of existing credit relationships ensuring credit quality, soundness of risk ratings, condition of credit files and adherence to Bank loan policy.
• Complete and document a defined number of loan reviews, which includes a preliminary evaluation of financial records, on a quarterly basis for all loans in the portfolio and classified in regular servicing status.
• Prepare material change forms and file comments, as applicable, to document material changes to the loan since approval.
• Aid the credit department with completing loan presentations or quarterly reviews to the chief credit officer or loan committee.
• Respond to customer inquiries, credit requests or servicing requests in a timely manner and consistent with the Small Business Administration’s SOP 50 57 (2) and Bank loan policy.
• Review daily reports of delinquent loans and take affirmative action to collect payments on past-due accounts.
• Document customer communications, both written and verbal, in designated record-keeping platforms.
• Conduct reviews of existing loan arrangements for compliance and exception monitoring, which is also known as “quality control reviews.”
• Maintain delinquent real estate tax reports.
• Monitor all insurance requirements associated with the loan and determine whether force-placed insurance is appropriate.
• Aid bank management with special projects or business development initiatives on an as-needed basis.

Qualifications

• Bachelor’s degree or equivalent from a four-year college or university; and/or a minimum of 7 years related banking experience; or equivalent combination of education and experience.
• Prior experience with SBA.
• Strong analytical skills including the ability to read and assess individual and company financial statements, cash flow, industry, competition, and projections.
• Strong knowledge of basic banking products, commercial lending products and ability to match solutions with the borrowers.
• Excellent organizational skills, attention to detail and the ability to work in a fast-paced environment.
• Ability to perform job responsibilities with minimal direction.
• Strong presentation, written and verbal communication skills.
• Ability to work independently and within a team.
• Flexible.