Commercial Loan Portfolio Manager I

Columbia Bank Northeast•Fair Lawn, NJ

3h•$99,969 - $140,000•Hybrid

About The Position

The Commercial Loan Portfolio Manager I manages a portfolio of commercial loans and interacts with customers to maintain and enhance business relationships. The role works with Commercial Lenders on loan origination, portfolio management, and follow-up, including compiling and reviewing information, submitting loans to Credit, monitoring covenants, managing renewals and extensions, modifying interest rates, documenting files, resolving exceptions, and addressing delinquencies. The position supports commercial portfolio maintenance, prepares pre-cams for renewals and modifications, helps ensure underwriting submissions are complete, spreads financial statements, calculates debt service, and pre-screens loan requests and modifications. It analyzes financial and related information to assess creditworthiness and loan merits and conducts periodic financial reviews. The role also coordinates with Credit, Lending, Risk, Loan Servicing, and customers throughout loan collection, underwriting, approval, and servicing. The manager maintains covenant tracking, checks compliance, follows up with borrowers for required information, monitors reporting and delinquencies, and works with lenders on recommendations such as restructuring, legal collection action, or referral to Special Assets. The role requires knowledge of relevant banking regulations and economic, financial, political, and legislative trends, and the ability to train and develop new team members. The position is eligible for a hybrid schedule of three days in the office and two days working from home, based on business needs; the arrangement may change without notice.

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 memos as required.
Prepare pre-cams for renewals and modifications and submit them to underwriting.
Support lenders in obtaining the information needed to place loans into 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 evaluate creditworthiness and the merits of loan requests, and periodically review customer financials.
Review Credit Risk Review Reporting and Loan Documentation Exception reports and assist lenders with clearing exceptions.
Liaise among Credit, Lending, Risk, Loan Servicing, and customers during loan collection, underwriting, approval, and servicing, as needed.
Maintain and update the covenant tracking database.
Determine whether loan covenants are met and promptly escalate issues as appropriate.
Follow up with borrowers for required information and notify lenders when information is not provided promptly.
Monitor monthly, quarterly, and annual reports required for 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 possible impact on commercial lending.
Train and develop new team members.
Perform other job-related duties as assigned.