Commercial Portfolio/Credit Manager
About The Position
The Commercial Portfolio/Credit Manager supports the Commercial Lending function. The role assists with loan questions, accompanies loan officers on calls when needed, prepares and presents loans to management and/or the Loan Committee, and processes and closes commercial loans. It reviews commercial and business loan applications, ensures proper loan disclosure, and performs credit analysis to evaluate applicants’ creditworthiness. Analysis includes financial statement spreads, cash flows, rental economics, appraisal and environmental reviews, and other underwriting considerations. The position also monitors existing portfolios to maintain a high-quality asset base and up-to-date member files, evaluates hardship requests, consults with members about loan concerns, and determines credit risk and appropriate loan/risk grades. The stated salary range is $79,000–$110,000 per year.
Requirements
- Bachelor's degree in business, accounting, or finance.
- At least five years of related experience.
Nice To Haves
- Formal credit training.
Responsibilities
- Support the Commercial Lending function, including assisting with loan questions.
- Accompany loan officers on calls when needed.
- Prepare and present loans to management and/or the Loan Committee.
- Process and close commercial loans.
- Review commercial and business loan applications and ensure proper loan disclosure.
- Perform credit analysis, including financial statement spreads, cash flows, rental economics, appraisal and environmental reviews, and other underwriting considerations.
- Compare liquidity, profitability, and credit to similar businesses in the same geographic location.
- Ensure departmental compliance with applicable Federal and State laws and regulations.
- Monitor existing loan portfolios to maintain a high-quality asset base.
- Maintain up-to-date member files, including current financials and other required documentation.
- Evaluate member hardship requests and recommend payment plans as necessary.
- Consult with members to resolve loan concerns or issues.
- Determine risk in extending credit and assign an appropriate loan/risk grade.
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What This Job Offers
Job Type
Full-time
Career Level
Manager
