Sr. Portfolio Manager

Portfolio Size/Composition

Assists multiple Commercial Bankers (CB) with the management of a defined portfolio of existing Commercial & Industrial (C&I) customers, and/or Commercial Real Estate (CRE) customers, and/or Business Banking customers with more complex financing needs. Customers may require specialized knowledge/industry expertise (C&I/CRE/ABL/Healthcare), including a general understanding of borrowing base/formula-followed line of credits. May be asked to manage accounts.

Portfolio Underwriting/Monitoring/Maintenance

• Completion of underwriting for New Money Requests, Modifications and Annual Reviews for relationships in addition to, periodic file memos/covenant tests, waivers per policy under the direction of the RM as a deal team
• Takes minutes for deals underwritten that require approval at Management Loan Committee (MLC)
• Absorbs responsibility for managing the portfolio to ensure early detection of material changes in customer performance and risk rating changes
• Prepares Opportunity Memo’s under the direction of the CB for new business requests that would be presented to senior lender and senior credit officer
• Works with the team to manage all reporting requirements including ongoing tracking via Baker Hill/NCino to ensure timely receipt of all financial, collateral, borrowing base, insurance, letter of credit and documentation exception/post-closing information including scanning information into Image Centre
• Requests Appraisals/Environmental Reports under the direction of the CB
• Enters Line of Credit advance/pay down requests in Salesforce
• Ensures completion of CIP Form(s) including any other required Know Your Customer compliance due diligence
• Ensures satisfactory documentation or maintenance of all insurance requirements within loan documents
• Aids RM with the approval of all overdrafts as appropriate
• Ensures Credit File completeness in Image Centre including saving customer financials
• Performs monthly reviews of borrowing bases and supporting financial documentation including a loan conformity chart to ensure detection of any material changes in customer performance, if applicable for the position
• Compiles and reviews documentation with CBs and updates Salesforce to ensure borrowing availabilities updated on core system
• Involved in monitoring formula followed lines of credit and respective responsibilities for these types of loans
• Provides tracking and acts as liaison for the commercial team on Loan Review exceptions for financials and DLS related items
• Interfaces with other Banks for participation loans as lead or participant to provide or gather required financial reporting or other relevant information relative to the loan/relationship
• Credits/Analytical Skills: Credit Trained or equivalent level of experience to perform underwriting responsibilities within nCino Loan Operating System. Ability to assess financial performance and risk including identifying ways to mitigate risk to the bank. Solid working relationship with commercial lending group to ensure ongoing credit quality of portfolio and interfacing with Senior Credit Officer and Senior Lender for Annual Reviews, Modifications and New Money Requests under the direction of the RM. Strong computer skills. Strong working knowledge of Loan policy and proven ability to adhere to sound risk management/pricing practices as well as to all internal and external credit/regulatory requirements

Customer Service/Support

• Provides excellent customer service
• Affords assistance with customer problem resolution and interfaces with the appropriate internal banking departments
• Affords assistance with call preparation
• Affords assistance on calls as appropriate
• Deal Structuring/Loan Closing: Assists CB in loan structuring and term sheet preparation. Assists CB in the review of loan documentation. Assists CB with Loan Closings and post-closing follow up

Internal Partner Relationships

• Interacts with internal partners under the direction of the CB
• Provides mentorship to junior level Portfolio Managers and credit analysts
• Product Knowledge: Solid knowledge of Commercial Credit Products and Services. Working with CB and internal partners to develop basic understanding of how to identify cross sell opportunities
• Networking/Community Involvement: Networking at community events with the lending team and meeting Centers of Influence to develop a presence in the Community

Special Projects

• Assists with special projects as necessary and instructed by CB and/or Team Leader
• Conducts risk compliance testing as appropriate
• Ensures compliance with all banking laws, rules, regulations, and prescribed policies/practices/procedures necessary to reduce risk and uphold ethical standards related to and required by one’s duties