About This Role
The Portfolio Manager supports Commercial Banking Executives in originating new loans and managing credit portfolios. This role involves close collaboration with the origination team and credit risk management to structure transactions, analyze financial statements, conduct due diligence, and assess credit risk.
Responsibilities
- Determine borrowing customer’s needs and develop appropriate loan structure in collaboration with Commercial Banking Executives
- Request, review, and spread company/guarantor financial information
- Complete thorough, accurate, and in-depth analysis of new credit requests in a timely manner
- Maintain good working knowledge of the Bank’s lending policies and procedures and identify exceptions to credit policy
- Recommend appropriate risk ratings in accordance with credit policy guidelines
- Attend meetings and/or conference calls on transactions, lead due diligence discussions, and develop deal indicative term sheets and deal screen presentations
- Structure transactions appropriately that meet client’s needs and bank’s requirements
- Perform comprehensive credit analysis (cash flow analysis, trend analysis, sensitivity analysis, etc.) for deal screens and assist in presentation to credit committee in support of approval
- Monitor, review, and evaluate ongoing compliance with financial covenants and reporting requirements
- Assist with renewals, extensions, and annual credit reviews, as needed
- Perform other duties as directed
Requirements
- Proficiency with financial modeling and excellent financial analysis skills (balance sheets, income statements, cash flow statements, financial ratios, personal financial statements, tax returns, etc.)
- Thorough knowledge of C&I and CRE lending process, including credit evaluation and underwriting
- Strong verbal, written, interpersonal, and presentation skills
- Proven organizational skills, ability to work independently, and be detail-oriented and thorough
- Ability to work well on a team and develop collaborative partnerships across the banking platform
- Ability to work on multiple transactions simultaneously and prioritize assignments to meet deadlines
- Proficiency in Microsoft Office
- Knowledge of banking systems (LoanVantage preferred)
- Bachelor’s degree in business, Accounting, Finance, or related field (or additional equivalent related experience)
- Three or more years of underwriting and account management experience, preferably within a commercial lending environment
Important Details
- Supervisory Responsibility: This position has no supervisory responsibilities
- Work Environment: Clerical office setting, routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets, and fax machines. Job duties conducted via telephone, face-to-face meetings, and on the computer
