Commercial Loan Portfolio Manager I

Columbia Bank Northeast•Rahway, NJ

4d•$100,000 - $140,000•Hybrid

About The Position

The Commercial Loan Portfolio Manager I manages a portfolio of commercial loans and works with customers to maintain and enhance business relationships. The role supports Commercial Lenders throughout loan origination and portfolio management, including compiling and reviewing information, submitting loans to the Credit Department, monitoring covenants, handling renewals, extensions and interest rate modifications, maintaining documentation, resolving exceptions, and addressing delinquencies. The position also analyzes borrower financial information and creditworthiness, supports loan underwriting and servicing, monitors covenant and reporting requirements, and collaborates with Credit, Lending, Risk, Loan Servicing, and customers. The role maintains knowledge of banking regulations and economic and legislative trends and may help train and develop team members. The position currently follows a hybrid schedule of three in-office days and two remote days per week. Effective January 4, 2027, the schedule is expected to change to four in-office days and one remote day per week. Hybrid arrangements are subject to business needs and may change.

Requirements

Bachelor’s degree in Finance, Accounting, Management, or a related field.
3–5 years of related Commercial Banking and/or Commercial Credit experience.
Effective written and verbal communication skills, internally and externally.
Considerable attention to detail.
Formal credit training and strong credit risk assessment skills.
Organizational skills.
Ability to develop constructive and cooperative relationships.
Skill with Microsoft Office applications, including Excel and Word.
Working knowledge of covenant tracking systems.
Experience preparing audit supporting documents.
Experience with general ledger reconciliations in compliance with FDCIA and Sarbanes-Oxley.
Experience supporting or responding to internal and external audit requests.
Understanding of US GAAP, banking regulations, and accounting principles.
Proficiency in Microsoft Excel.
Experience working with core banking systems and general ledger platforms.

Responsibilities

Manage a commercial loan portfolio.
Work with Commercial Lenders on portfolio maintenance, including maturity monitoring, renewals, interest rate modifications, and documentation collection.
Review monthly maturity reports, request updated financial information, and prepare extension memoranda as needed.
Prepare Pre-Cams for renewals and modifications and submit them to underwriting.
Support Lenders in obtaining the information needed to submit loans for underwriting.
Interact with customers to maintain and enhance business relationships.
Spread financial statements, perform debt service calculations, and pre-screen new loan requests and modifications with a Lending Officer.
Analyze financial and related data to assess creditworthiness and the merits of loan requests, and periodically review customer financials.
Review Credit Risk Review Reporting and Loan Documentation Exception reports and help Lenders clear exceptions.
Liaise among the Credit, Lending, Risk, and Loan Servicing Departments and customers during loan collection, underwriting, approval, and servicing as needed.
Maintain and update the covenant tracking database and determine whether loan covenants are met.
Escalate covenant issues promptly, follow up with borrowers for required information, and notify Lenders when information is not provided on time.
Monitor monthly, quarterly, and annual reporting requirements assigned to loan relationships.
Monitor delinquencies alongside the Lending Officer.
Work with commercial lenders to recommend loan restructuring, legal collection action, or referral to the Special Assets Department.
Maintain current knowledge of OCC regulations and local and national economic, financial, political, and legislative trends, and assess their potential impact on commercial lending.
Train and develop new team members.
Perform other job-related duties as assigned.