Commercial Loan Portfolio Manager

Horizon Bank • Portage, MI

97d

About The Position

The Portfolio Manager is a key player on deal teams, collaborating and generating solutions for current and perspective clients within the Bank. As a deal structuring expert working in conjunction with the CLO, the Portfolio Manager will actively manage a book of business requiring on-going client interaction and financial analysis to maximize market penetration and account performance, in compliance with state and federal regulations, company policies and established Standard Operating Procedures (SOPs).

Requirements

• Bachelor's degree in finance, economics, or accounting and 5-years related experience in financial services industry or equivalent education and experience.
• CPA or MBA in finance, accounting or business law preferred.
• In-depth understanding of Commercial Products, Commercial Lending Process, Commercial Lending Directive, all supporting processes and technology.
• Proven, expert level credit analysis experience/understanding with knowledge of agency guidelines and industry standards as they relate to commercial lending.
• Strong interpersonal skills used within a team environment and in client interaction.
• Exceptional credit/analytical skills and ability to apply them creatively.
• Highly developed written and oral communication skills.
• Excellent capability to independently and proactively service multiple clients and effectively manage multiple priorities.
• Ability to advocate persuasively.
• Excellent abilities in managing relationships and identifying cross-selling opportunities.
• Ability to learn and adapt quickly.
• Must have excellent typing and computer skills, with proficiency in Microsoft Office Word and Excel.

Nice To Haves

• CPA or MBA in finance, accounting or business law preferred.

Responsibilities

• Responsible for structuring and underwriting new client credit and performing financial modeling and analysis for complex deals.
• Conduct continuous monitoring of their client's portfolio and performance.
• Achieve various partnering efforts, including helping to manage team and client initiatives, to ensure profitable, properly structured deals are booked.
• Lead the relationship team through the Credit Approval process efficiently based on knowledge of Horizon Bank's credit culture.
• Represent the Bank to both internal and external customers in a courteous, professional manner.
• Accountable for adherence to compliance standards including Bank Secrecy Act (BSA).
• Actively protect confidentiality of customer and account information.
• Demonstrate commitment to the communities served through active involvement in local organizations and events.
• Manage risk/audit requirements for the assigned portfolio as outlined in Policies & Procedures.
• Collaborate with CLO's to generate ideas, identify client solutions, and deliver timely solutions.
• Actively manage client solution opportunities to identify cross-selling opportunities within portfolios.
• Provide underwriting expertise in all categories of complexity of transactions.
• Maintain awareness of all firm products and services offered and facilitate means of receiving continuous updates.
• Assist CLO's and Credit Administration in renewals, extensions, modifications, covenant testing, and spreads.
• Participate in client calls as required, deal structuring, approval process including commentary in loan committee.
• Conduct proactive, ongoing dialogue with Borrower within assigned portfolio.
• Perform detailed analysis of Borrower's financials and assess economic/external environment.
• Prepare/oversee preparation of concise, well-reasoned credit correspondence.
• Review and manage credit administration items, past dues, upcoming maturities, and overdrafts.
• Participate in Construction Administration.
• Manage and complete Annual Credit Reviews.
• Monthly examination of Asset Based Line of Credit Report.
• Monitor economic trends in accordance with client financial analysis.
• Function as the 2nd reviewer of complex relationships.
• Assist CLO's in ordering of appraisals.

Benefits

• Full-time salaried position.
• On-site work environment.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Credit Intermediation and Related Activities
• Education Level: Bachelor's degree