Commercial Portfolio Manager

Northwest Community Bank • Winsted, CT

3d • $75,000 - $123,000 • Onsite

About The Position

Responsible for the management of the commercial real estate and C & I loan portfolios with duties consisting of reviewing operating performance of commercial real estate assets, ongoing monitoring of borrowers’ financial position, covenant testing, preparing annual loan reviews, and organizing portfolio data for internal and external reporting purposes.

Requirements

• Bachelor’s degree or its equivalent plus specialized training in lending, credit or related subjects.
• 3+ years of formal credit and SBA experience.
• Able to analyze financial statements.
• Excellent analytical, organizational, interpersonal and customer service skills.
• Excellent computer skills including the Internet and Microsoft Office; Outlook, Word and Excel.
• Regular attendance is an essential function of this position.

Nice To Haves

• Business development experience helpful.

Responsibilities

• Structure financing terms and perform due diligence on potential commercial real estate transactions by implementing property valuation methodologies, reviewing rent rolls and lease terms, analyzing credit and financial performance of tenants, determining pro-forma NOI and debt serviceability, and researching market data including capitalization rates, rental rates, and other key metrics.
• Monitor and service the commercial real estate and C & I portfolios by preparing annual loan reviews, analyzing the operating performance of real estate assets, performing collateral valuations based on a property’s NOI and current market capitalization rates, analyzing rent rolls and preparing lease synopses for key tenants, collecting customer and real estate financial data, testing financial covenants, and assessing and recommending loan risk ratings.
• Perform commercial real estate underwriting functions including analyzing data from appraisals, determining pro-forma NOI and debt serviceability, assessing loan-to-value ratios, reviewing tenants’ lease terms and structures, researching market data, and preparing global cash flow analyses of guarantors.
• Correspond daily with customers for relationship servicing needs including billing issues, loan advances, interest rate swap valuations, and general inquiries.
• Provide daily ad hoc customer support on time sensitive issues.

Benefits

• Medical Insurance (UnitedHealthcare)
• Prescription Drug Coverage
• Dental Insurance (Guardian)
• Vision Insurance (EyeMed)
• AFLAC supplemental coverage
• Health Savings Account (HSA) with employer contribution
• Flexible Spending Accounts (Medical & Dependent Care)
• Vacation Time
• Personal Time
• Sick Time
• Birthday Day Off
• Floating Holiday
• Short-Term Disability
• Company-Paid Life Insurance
• Company-Paid AD&D Insurance
• Employee Assistance Program (EAP) for counseling, financial, legal, and family support
• 401(k) Plan
• 4% automatic company contribution
• 50% match on the first 8% you contribute
• Potential annual profit-sharing contribution
• Virtual Medical Visits
• Wellness Programs
• Behavioral Health Support
• Wellness Rewards Program

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level