Commercial Banking Portfolio Manager

Commerce Bank

2d•$72,500 - $109,000•Onsite

About The Position

In partnership with a team of Relationships Managers (RM), this position is responsible for managing and servicing a portfolio of commercial customers, including expanding, building and maintaining strong customer relationships with a resulting high level of customer satisfaction. This position equates to an RM position in all aspects, with the exception of sales responsibilities. The main purpose of this job is to manage and service a portfolio of commercial customers, including expanding, building and maintaining strong customer relationships with a resulting high level of customer satisfaction.

Requirements

Basic knowledge of full range of commercial products, credit policies, procedures and terminology
Basic analytical, problem-solving skills and negotiation skills
Ability to accurately prepare credit memos with documentation of appropriate analysis
Some independent decision making skills, but requires regular management oversight
Ability to maintain a valid driver’s license and meet Commerce Bank’s driving record criteria; ongoing employment may be contingent upon meeting all driving requirements
Motivated and organized self-starter with strong attention to detail and the ability to manage multiple priorities
Inquisitive, agile and strong team player with excellent written, verbal and interpersonal communication skills. Function as a key team player simultaneously on multiple, different, and diverse teams within and including the entire Business Banking Division
Ability to remain adaptable and resilient to all situations with an optimistic outlook and cast a positive shadow that is aligned with our culture and Core Values
Intermediate level proficiency with Microsoft Word, Excel and Outlook
Bachelor’s degree or equivalent combination of education and experience required
1+ years of commercial banking experience required

Responsibilities

Manage a large portfolio of diverse and complex commercial relationships utilizing a high degree of critical thinking skills
Participate in customer outreach activities in conjunction with relationship managers as appropriate (especially those with active new credit opportunities)
Serve as the primary relationship manager for a specific number of mature commercial relationships, ensuring a high level of customer satisfaction and retention. Present these relationships at the annual loan committee meeting.
Handle customer service requests for a designated portfolio of existing relationships, including loan renewals and modifications.
Work with Relationship Managers on credit requests, including general underwriting, loan structuring, negotiating/pricing, collateral, and analyzing industry/credit risk
Complete all requirements of loan booking, including negotiating terms, the review of loan documentation and assisting in the closing process for a designated portfolio of relationships, and in conjunction with the Relationship Managers and Specialists as required.
Monitor and track required reporting on loans, involving past dues, documentation and collateral exceptions, financial statements and borrowing bases, portfolio profitability, etc.
Ensure primary responsibility for management of all watch list credits, including preparation of all quarterly watch list reports and oral presentations in watch list meetings.
Ensure compliance with all bank policies, procedures, regulations, and laws
Perform other duties as assigned