Commercial Portfolio Manager II

About the position

The Commercial Portfolio Manager supports the commercial loan and deposit portfolio of one or more Relationship Managers (Commercial with some CRE) providing quality underwriting, sound portfolio management and superior client service. The Commercial Portfolio Manager I supports the commercial loan and deposit portfolio of one or more Relationship Managers (Commercial, CRE or Middle Market) providing quality underwriting, sound portfolio management and superior client service.

Responsibilities

• Analyzes financial information to evaluate the credit worthiness of new loan requests, renewal loan requests and on-going Portfolio Management activities through thorough and accurate analyses within the parameters of the Bank's policies and procedures.
• Completes industry research, as needed, supporting existing and new Customers to the Bank.
• Compiles commercial loan packages (non-BL and BLE) ensuring completeness and accuracy of information provided.
• Completes, when needed, additional credit analysis through more in-depth tools outside of the traditional spreads and global cash flow.
• Guides the loan request through the Credit Approval Process and ensures that structure meets the needs of the client and the operating objectives of the Bank.
• Assures that large commercial loan relationships are in compliance with State and Federal regulations and Bank policies and procedures.
• Monitors and services the large commercial loan portfolios of the supported Commercial Bankers through quality portfolio management work related to centralized covenant testing and tracking.
• Properly grades risk of each loan in the assigned portfolio, per policy.
• Assists Relationship Manager in credit presentation to Credit Administration or other leaders and Committees at the Bank.
• Ensures that all required documentation is in file for all loans and treasury management approvals.
• Periodically accompanies Relationship Manager on calls with existing and/or prospective Customers as requested.
• Builds and maintains a positive working relationships with internal business partners.
• Undertakes special projects related to job function as determined by Credit Administration Leadership.
• Continuously updates skills by participating in professional training and seeks opportunities to improve skills through cross-training offered by the Bank.
• Works with Relationship Manager, Credit Administrators and Loan Assistant to minimize past due loans.
• Serves as a trusted advisor to clients and prospects within the context of risk management.
• Demonstrates a commitment to fair lending practices.
• Builds and maintains a positive working relationship with attorneys, appraisers, developers and others to enhance the Bank's image and reputation in the marketplace.
• Stays abreast of products and services the Bank is providing.
• Adheres specifically to all corporate policies and procedures, Federal and State regulations and laws.
• Has responsibility for following regulatory requirements including those pertaining to the Bank Secrecy Act (BSA), Anti-Money Laundering (AML), Customer Identification Program (CIP) and OFAC.

Requirements

• Education: Four-year degree in Business Administration, Finance, Accounting or related field; Graduation from a recognized school of banking is an asset or equivalent experience.
• Experience: Minimum of 2-4 years' experience in credit analysis, commercial banking, business banking and/or portfolio management.
• Familiarity with loan structuring and loan documentation is preferred.
• Knowledge in accounting and lending principles, as well as excellent oral and written communication skills.
• In-depth knowledge of Federal and State lending regulations and Bank policies related to lending procedures.