Commercial Portfolio Manager III
About The Position
The Commercial Portfolio Manager III assists loan officers in the daily management and monitoring of their loan portfolio. This includes loan underwriting for new and existing members, as well as direct member interaction. The role also involves performing various other member service tasks and assignments. Key responsibilities include supporting the loan approval process by obtaining and analyzing financials, preparing loan summaries and packages, and attending prospect and member meetings. The manager monitors maturing loans, assists with renewals, manages past due accounts, and inputs new and renewed loans into the B2B system. They are also responsible for completing quarterly Problem Asset Reports, managing credit monitoring items and exceptions, and identifying cross-selling opportunities for the Bank's products and services. The position involves working on special projects to improve loan portfolio management efficiencies, understanding loan closing requirements, and proactively building strong partnerships with business partners. Adherence to federal laws, rules, and regulations, including AML and BSA, is also required.
Requirements
- Excellent member service skills.
- Excellent communication skills and the ability to interact professionally with internal and external members.
- Complete understanding of TowneBank lending culture and philosophy.
- Satisfactory completion of Credit and Small Business rotation or equivalent knowledge and experience in analyzing financial statements and underwriting commercial credit.
- Ability to work with minimum supervision.
- Ability to work well with various internal departments to achieve team goals and objectives.
- Previous lending experience or experience in loan operations.
- Knowledge of Bank policies and procedures.
- Computer skills (Word and Excel).
Nice To Haves
- College degree in Business, Finance or Accounting.
- Knowledge of B2C and B2B.
- Has 8 or more years of experience of credit analysis/underwriting experience.
Responsibilities
- Assist the loan officers with the loan approval process by obtaining and analyzing financials, preparing loan summaries and packages for approval.
- Attend outside prospect and member meetings as necessary.
- Monitor the maturing loan report and assist loan officer and administrative officer in underwriting loans for renewal, to include requesting necessary financial information and completing LCA’s for temporary extensions.
- Manage LO’s Past Dues including adding comments to Insight.
- Inputting both new loans and renewals to B2B.
- Complete quarterly Problem Asset Reports for the loan officer’s portfolio for review and approval and assist with managing credit monitoring items and Priority 1 exceptions.
- Learn about each of the Bank’s products and services as well affiliate companies to look for additional cross selling opportunities as well as assist the loan officer and administrative officer when needed.
- Work on special projects as requested to help improve efficiencies in the overall loan portfolio management of the region.
- Work along with and independently of the officers to understand closing requirements for all loans as well as help clear exceptions as needed.
- Proactively build strong and effective partnerships with all business partners.
- Adheres to applicable federal laws, rules, and regulations including those related to Anti-Money Laundering (AML) and the Bank Secrecy Act (BSA).
- Other duties as assigned.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
Education Level
No Education Listed
Number of Employees
501-1,000 employees
