C&I Portfolio Manager II or III

Northwest Bank•Erie, PA

4d•$61,500 - $110,000•Hybrid

About The Position

The C&I Portfolio Manager is an individual contributor responsible for ongoing monitoring of the Bank’s commercial loans to support timely, accurate risk ratings and compliance with credit policy, loan agreements, and applicable banking regulations. The role works with limited supervision and closely supports Commercial Banking Relationship Managers and other internal personnel on commercial credit portfolio monitoring. Level II or III will be determined based on the candidate’s knowledge and experience. The position is performed onsite Monday through Thursday, with Friday as an optional remote day. Travel is as needed for training and occasional team meetings. The stated annual pay range is $61,500–$110,000; actual pay depends on factors including experience, skills, and knowledge. Additional bonus earning opportunities and benefits are available.

Requirements

Ability to perform financial analysis, assess risk, review documentation, coordinate loan closings, and administer construction loans.
Strong analytical, organizational, and critical-thinking skills.
Team-oriented approach and ability to monitor and manage multiple responsibilities simultaneously.
Credit risk analysis skills, including assessment of financial statements, collateral valuation, industry review, and risk-rating assignments.

Nice To Haves

Bachelor’s degree in Accounting, Finance, Economics, or a related discipline preferred.
Relevant commercial lending experience as a Portfolio Manager, Relationship Manager, and/or Credit Officer/Underwriter working with moderate to complex loans and documentation preferred.
Experience in Commercial Credit or public accounting.

Responsibilities

Monitor individual commercial borrowers’ credit performance and escalate or remediate issues as appropriate.
Ensure timely and accurate reporting of commercial portfolio monitoring activities and adherence to credit policies, procedures, and thresholds for financial statement collection, covenant testing, collateral valuation, annual reviews, and delinquencies; evaluate risks associated with non-compliance.
Engage regularly with customers to discuss operating performance, business results, and covenant compliance; understand borrowers’ business models and industry trends to evaluate repayment sources and assign risk ratings.
Collect and review relevant credit and financial information, determine whether further investigation or additional information is needed, and evaluate sources such as financial statements, tax returns, due diligence reports, credit bureaus, appraisals, internal credit information, industry research, and peer data.
Spread financial statements and prepare financial models to assess probability of default and loss given default; document historical and pro forma cash flows, covenant calculations, sensitivity analysis, guarantor statement reviews, and collateral valuations as appropriate.
Analyze financial information and related materials for prudent ongoing credit monitoring, including independent credit quality assessments, supported risk-rating rationales, credit risks and mitigants, industry concerns, market and financial trends, and other pertinent credit issues.
Identify emerging risks and material changes in customers’ financial positions, including evaluating compliance with loan agreements.
Assist with annual reviews, renewals, interim update memos, covenant calculations, and criticized asset reviews; monitor early warning indicators and other credit surveillance.
Present analysis or address questions during credit discussions or presentations.
Liaise among Commercial Banking Relationship Managers, Credit Risk, the Underwriting Team, and Special Assets to obtain and document necessary credit approvals and ensure the loan operating system reflects accurate commercial loan data.
Document and track key risk indicators associated with monitoring and control procedures and applicable thresholds.
Comply with Northwest’s policies and procedures and federal and state regulations.
Use Microsoft Office, computer applications, and department-specific software to maximize technology tools and efficiency.
Work as part of a team and use on-site equipment.