Commercial Credit Portfolio Manager

Align Credit Union•Lowell, MA

3d•$67,100 - $85,000•Onsite

About The Position

The Commercial Credit Portfolio Manager is responsible for the ongoing credit analysis, underwriting, annual review process, financial monitoring, and risk management of Align Credit Union's commercial loan portfolio. This position works closely with the Chief Lending Officer, AVP of Commercial Lending, and Commercial Lending Generalist and serves as a key liaison between Commercial Lending, the Risk Department, and the Credit Union's commercial CUSO, Octant. The primary focus of this role is to proactively monitor borrower and portfolio performance, complete and review annual and pro forma analyses, identify and escalate emerging credit risks, maintain appropriate risk ratings, and ensure strong credit administration. The position will underwrite commercial loan requests under $50,000 and coordinate with and review underwriting completed by Octant for commercial loan requests over $50,000. The Commercial Credit Portfolio Manager will also work closely with the Chief Lending Officer on the overall risk management and monitoring of the Credit Union's commercial loan and credit card portfolios, including portfolio trends, concentrations, delinquencies, credit quality, losses, underwriting trends, exceptions, and emerging risks.

Requirements

Ongoing credit analysis
Underwriting
Annual review process
Financial monitoring
Risk management of commercial loan portfolio
Proactively monitor borrower and portfolio performance
Complete and review annual and pro forma analyses
Identify and escalate emerging credit risks
Maintain appropriate risk ratings
Ensure strong credit administration
Underwrite commercial loan requests under $50,000
Coordinate with and review underwriting completed by Octant for commercial loan requests over $50,000
Work closely with the Chief Lending Officer on the overall risk management and monitoring of the Credit Union's commercial loan and credit card portfolios
Monitor portfolio trends, concentrations, delinquencies, credit quality, losses, underwriting trends, exceptions, and emerging risks
Financial statements analysis
Tax returns analysis
Cash flow analysis
Global cash flow analysis
Debt service coverage analysis
Liquidity analysis
Leverage analysis
Collateral position analysis
Overall repayment capacity analysis
Pro forma and projection analyses
Sensitivity or stress analysis
Borrower financial performance monitoring
Covenant compliance monitoring
Collateral coverage monitoring
Delinquencies monitoring
Concentrations monitoring
Policy exceptions monitoring
Past-due financial information monitoring
Track required borrower and guarantor financial statements, tax returns, rent rolls, personal financial statements, insurance, appraisals, covenant reporting, and other documentation
Review and recommend commercial loan risk ratings
Monitor criticized, classified, watch-list, delinquent, and other higher-risk relationships
Recommend enhanced monitoring, corrective action, or other risk mitigation
Review underwriting completed by Octant for commercial loan requests over $50,000
Ensure required financial and credit information is provided
Review completed underwriting, risk assessment, and recommendations
Underwrite commercial loan requests under $50,000
Financial analysis for loan requests
Repayment capacity analysis for loan requests
Collateral analysis for loan requests
Guarantor strength analysis for loan requests
Loan structure analysis for loan requests
Risk assessment for loan requests
Preparation of appropriate credit recommendations
Serve as a key liaison between Commercial Lending and the Risk Department
Provide timely communication regarding portfolio performance, emerging credit concerns, policy and covenant exceptions, risk-rating changes, criticized or classified assets, concentrations, and other material credit risks
Monitor portfolio performance, delinquency and loss trends, concentrations, credit quality, underwriting trends, exceptions, and other key risk indicators
Assist in identifying appropriate risk mitigation strategies
Prepare commercial and credit portfolio risk reporting
Monitor commercial real estate collateral
Monitor appraisal and evaluation requirements
Monitor loan-to-value positions
Monitor property performance
Monitor rent rolls
Monitor occupancy
Support Risk Management, internal and external audits, regulatory examinations, and independent loan reviews
Prepare documentation for audits and examinations
Perform portfolio analysis for audits and examinations
Respond to findings from audits and examinations
Implement and track corrective actions from audits and examinations
Partner collaboratively with various departments to maintain strong underwriting and credit administration standards, effective risk controls, regulatory compliance, and overall portfolio quality.

Nice To Haves

Occasional travel to borrower locations, commercial properties, meetings, or other Credit Union locations.

Responsibilities

Manage the commercial annual review process, ensuring reviews are completed accurately and timely in accordance with Credit Union policy, regulatory expectations, and established risk-based review schedules.
Perform and/or review comprehensive annual financial reviews of commercial relationships, whether completed internally or by Octant, including financial statements, tax returns, cash flow, global cash flow, debt service coverage, liquidity, leverage, collateral position, and overall repayment capacity.
Complete and/or review pro forma and projection analyses, whether prepared internally or through Octant, comparing projected performance to historical and actual results, evaluating assumptions, performing sensitivity or stress analysis when appropriate, and identifying material variances or potential credit concerns.
Maintain ongoing commercial portfolio monitoring, including borrower financial performance, covenant compliance, collateral coverage, delinquencies, concentrations, policy exceptions, past-due financial information, and other indicators of emerging or increased credit risk.
Track required borrower and guarantor financial statements, tax returns, rent rolls, personal financial statements, insurance, appraisals, covenant reporting, and other documentation required for underwriting, annual reviews, and ongoing portfolio monitoring.
Review and recommend commercial loan risk ratings and monitor criticized, classified, watch-list, delinquent, and other higher-risk relationships, working with the Chief Lending Officer, AVP of Commercial Lending, and Risk Department to recommend enhanced monitoring, corrective action, or other risk mitigation when appropriate.
Coordinate with and review underwriting completed by Octant for commercial loan requests over $50,000, ensuring required financial and credit information is provided and reviewing the completed underwriting, risk assessment, and recommendations for consistency with Credit Union policy, risk appetite, and established underwriting standards.
Underwrite commercial loan requests under $50,000, including financial analysis, repayment capacity, collateral analysis, guarantor strength, loan structure, risk assessment, and preparation of appropriate credit recommendations.
Serve as a key liaison between Commercial Lending and the Risk Department, providing timely communication regarding portfolio performance, emerging credit concerns, policy and covenant exceptions, risk-rating changes, criticized or classified assets, concentrations, and other material credit risks.
Work closely with the Chief Lending Officer on the overall risk management of the commercial loan and credit card portfolios, monitoring portfolio performance, delinquency and loss trends, concentrations, credit quality, underwriting trends, exceptions, and other key risk indicators and assisting in identifying appropriate risk mitigation strategies.
Prepare clear and concise commercial and credit portfolio risk reporting for the Chief Lending Officer, Commercial Lending, Risk Management, Senior Management, and other appropriate parties, including annual review status, risk-rating migration, concentrations, exceptions, delinquencies, losses, and emerging risk trends.
Monitor commercial real estate collateral, including appraisal and evaluation requirements, loan-to-value positions, property performance, rent rolls, occupancy, and other factors affecting collateral value and repayment capacity.
Support Risk Management, internal and external audits, regulatory examinations, and independent loan reviews, including preparation of documentation, portfolio analysis, responses to findings, and implementation and tracking of corrective actions.
Partner collaboratively with the Chief Lending Officer, AVP of Commercial Lending, Commercial Lending Generalist, Risk Department, Octant, Loan Operations, Finance, and other departments to maintain strong underwriting and credit administration standards, effective risk controls, regulatory compliance, and overall portfolio quality.
Other job-related duties, as assigned.