AVP, Commercial Portfolio Manager III

Berkshire Bank•Worcester, MA

103d•Onsite

About The Position

Provides support to Relationship Managers (RM) in underwriting as well as monitoring and servicing an existing portfolio of complex loans and borrowing relationships. Continuously evaluates operational and financial performance to maintain portfolio quality and risk rating accuracy. Interacts with customers as well as bank employees to address credit and deposit service related matters in a satisfactory manner. Assists Relationship Managers in all aspects of servicing customers both internally and externally.

Requirements

Credit Trained or equivalent level of experience to perform underwriting responsibilities
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 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
Excellent written and verbal communications skills
Ability to present identified issues and recommended solutions to RM/Senior Management as appropriate
Ability to multi-task and meet timeframes as directed by the RM/Senior Management
Strong computer skills
Ability to work as a member of team in a fast-paced environment
BS Degree in Business, Accounting or Finance
Equivalent financial experience
Minimum of 5+ years of Commercial Credit/Banking and/or related experience

Nice To Haves

MBA a plus

Responsibilities

Assists multiple Relationship Manager(s) (RM) with the management of a defined portfolio of existing Middle Market (C&I) customers, and/or Commercial Real Estate (CRE) customers, and/or Business Banking customers with more complex financing needs.
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
Assists RM in the proactive management of the portfolio to ensure early detection of material changes in customer performance and risk rating changes.
Works with the team to manage all reporting requirements including ongoing tracking via Baker Hill 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
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
Provides excellent customer service
Assists RM with customer problem resolution and interfaces with the appropriate internal banking departments
Assists RM in loan structuring and term sheet preparation
Assists RM in completing Profitability Model
Assists RM in the review of loan documentation
Assists RM with Loan Closings and post-closing follow up
Provides mentorship to Commercial Portfolio Manager I and IIs and Portfolio and Administrative Manager
Working with RM and internal partners to develop basic understanding of how to identify cross sell opportunities
Networking at community events with the lending team and meeting Centers of Influence to develop a presence in the Community.
Assists with special projects as necessary and instructed by RM and/or Team Leader
Conducts Archer 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.