CB Portfolio Specialist I

First Commonwealth Bank•Canton, OH

1d•Hybrid

About The Position

Assists Corporate Bankers and Portfolio Managers in managing existing Corporate Banking relationships. Acts as a contact person when the Corporate Banker and/or Portfolio Manager are not immediately available and provides direct client service. Expands or deepens client relationships by identifying client needs and communicating to the relationship team. Provides direct client service under direction. Coordinates closings for new loans and modifications under Corporate Banker guidance. Works closely with Portfolio Managers and the Corporate Banking Portfolio Team Lead to ensure the risk management of each client relationship is in compliance with policy and procedure, as well as commercial and regulatory guidelines. Provides general administrative support for the department including preparing miscellaneous reports, scanning documents to loan files, and creating and maintaining corporate client files.

Requirements

Minimum of one (1) year related experience required.
High School diploma or equivalent is required.
Excellent MS Word and Excel skills.
Excellent Customer Service skills.
Excellent communication skills.
Ability to work as a team player.
Ability to prioritize work effectively.
Strong computer skills with the ability to learn internal systems are required.

Responsibilities

Assists in managing existing Corporate Banking relationships by collecting and tracking required financial information for the Credit Department to prepare an analysis, and reporting collection activity to management.
Provides service to commercial clients on their banking needs with respect to deposit, loan and other miscellaneous products and services, including answering questions on loans and other accounts, assisting with loan payments, collecting past due loan payments, processing advances from lines of credit or multi-disbursement credits, preparing and initiating wire transfers, performing client verification for ACH and Wire Overlimit requests, working with branches to set up accounts or other services, researching issues and providing solutions, and working with Treasury Management on client issues.
Builds client relationships by identifying needs, recognizing cross-sell opportunities and communicating to the Corporate Banking relationship team.
Performs front-end input of new loan requests into the Loan Origination System (Abrigo).
Actively participates in Regional Relationship Team meetings.
Assists with coordinating loan and modification closings by preparing pre-closing documents, ordering Property Reports and flood determination, completing UCC Searches, completing Loan Origination System workflows, obtaining equipment purchase information, preparing upload forms for loans, coordinating closings and fundings with necessary parties, issuing attorney engagement letters, preparing necessary internal documents for closing and funding, communicating with Loan Documentation to ensure timely funding, working with Serviced Loans and Secured Credit for participation loans, and checking system for proper loan upload.
Follows proper policies and procedures to authenticate clients for all requests, verifies identity, and ensures appropriate authorized individual submitted the request with supporting documentation to prevent fraud.
Works closely with the Portfolio Manager and Corporate Banking Portfolio Team Lead to ensure the risk management of each client relationship is in compliance with policy and procedure, as well as commercial and regulatory guidelines.
Assists senior staff with coordinating rate changes, fees, lender incentives, etc. for SWAPs with Corporate Banker, client, Treasury, and any other financial institution for participation loans.
Collects items requested by Audit pertaining to assigned portfolio and assists with follow-up on Audit Findings.
Works with necessary parties including title companies, counsel, and client to clear documentation exceptions in a timely manner.
Provides general administrative support, which may include preparing miscellaneous reports for the department, scanning documents to loan files, monitoring collateral information for accuracy, assisting with missing documentation follow-up, and creating and maintaining corporate client files.