Associate Portfolio Manager

Desert Financial Credit Union•Phoenix, AZ

About The Position

The Associate Portfolio Manager partners closely with Portfolio Managers, Business Loan Assistants, Underwriters, and Business Relationship Managers to ensure the efficient management of the commercial loan portfolio. Working alongside experienced Portfolio Managers, the Associate focuses on financial analysis, portfolio monitoring, and risk identification along with report development and generation, and project-based support while gaining exposure to the full scope of portfolio management. This role is designed as a developmental position within the Commercial Portfolio Management career path. The Associate Portfolio Manager builds and applies foundational skills in credit analysis, financial statement interpretation, and portfolio risk management, with increasing exposure to underwriting, portfolio monitoring, and client interactions. This role applies analytical skills to identify trends, variances, and potential risks, escalating findings and supporting decision-making processes. They provide backup coverage for the Portfolio Managers and are expected to build the technical and analytical capabilities required for progression into a Portfolio Manager role.

Requirements

High School Diploma or GED required.
2+ years of Lending experience required.
Knowledge of basic financial documents such as tax returns, business financial statements, and personal financial statements required.
Strong follow through, attention to detail & accuracy, and the ability to exercise strong judgment and time management skills required.
Strong critical thinking with the ability to identify risk based on internal training and understanding of lending required.
Communication skills – ability to effectively communicate and present information both in person and over the phone; effective written and verbal communication required.
Demonstrated understanding and familiarity with financial statements and related documents required.
Microsoft Office Suite (Outlook, Excel, and Word) required.

Nice To Haves

Commercial Lending experience preferred.
Demonstrated knowledge of Abrigo/Sageworks preferred.

Responsibilities

Analyze, monitor and track financial statements and other required documents to ensure timely receipt from borrowers.
Perform preliminary analysis of borrower financial statements to identify trends, variances, and potential credit risks, escalating concerns to Portfolio Managers and Underwriters.
Evaluate completeness and reasonableness of submitted financial information in alignment with established guidelines.
Communicate with underwriters and business relationship managers to follow up on outstanding financial documentation.
Update and maintain records in the loan origination system (LOS) to reflect the status of financial reporting.
Develop, maintain, and enhance reports such as financial statement tracking, exception reporting, and status change reporting to monitor incoming documentation, past due items, and portfolio activity.
Analyze report outputs to identify patterns, exceptions, and emerging risks within the portfolio, and summarize key insights for internal stakeholders.
Run and distribute reports from the loan origination system to provide updates on document statuses and compliance. Ensure reports are accurate and effectively communicate loan statuses.
Evaluates reporting data to identify trends, exceptions, and potential risks, and provides actionable insights to support portfolio monitoring and decision-making.
Assist Portfolio Managers with maintaining templates and preparing documentation for loan reviews.
Draft Credit Memos and support development of credit analysis narratives, including financial trends, risk factors, and key considerations.
Perform covenant calculations and assist in interpreting results, identifying potential compliance concerns, and escalating as appropriate.
Complete site visit forms and coordinate with team members to ensure all required information is captured. Document observations from site visits and highlight potential operational or collateral-related risks.
As required, perform portfolio management duties to support the efficiency of the Commercial Portfolio Management team.
Collaborate on departmental projects to enhance processes, systems, and portfolio management practices.
Participate in process improvement initiatives by analyzing workflows, identifying inefficiencies, and recommending enhancements.
Assist with data analysis, process improvement initiatives, and other special assignments.
As needed, support Portfolio Managers with site visits.
Perform other job-related duties as assigned.