Commercial Portfolio Manager

Camden National Bank • Portland, NH

4d • Onsite

About The Position

Under the direction of the Commercial Portfolio Manager Team Leader, the Commercial Portfolio Manager I partners with designated Commercial Banking Officers and Directors of Commercial Banking to successfully manage and maintain commercial loan relationships. The Portfolio Manager I applies their underwriting skills to ensure adherence to loan policy, financial analysis, risk evaluation, and continued portfolio maintenance activities for an assigned portfolio of commercial loan customers.

Requirements

• 1-2 years of commercial underwriting experience with the capacity to evaluate strengths and weaknesses of a wide variety of credit facilities
• Knowledge of commercial banking products including but not limited to construction lending, asset-based lines of credit, and letters of credit

Nice To Haves

• Extensive knowledge of commercial lending policy including all applicable regulations and laws
• 3 + years of commercial banking experience
• Bachelor’s degree (B.A.) from a four-year college or university
• Ability to think critically and approach challenges and issues with a problem-solving mindset
• Strong collaboration skills to effectively work with groups or individuals across the organization to effectively manage commercial relationships
• Perform functions of the role with minimal oversight and minimal supervisory intervention
• Ability to work independently and as part of a team
• Strong written and verbal communication skills
• Efficient time management skills
• Excellent organization skills and attention to detail
• Comfortable in customer contact situations
• Proactively and creatively takes initiative to meet commercial group goals

Responsibilities

• Monitor the performance of existing commercial customers within an assigned portfolio to ensure compliance with covenants, financial condition, and risk rating.
• Discuss any perceived weakness or potential credit problems with the Banking Officer, Director of Commercial Banking, and/or other appropriate parties.
• Independently request and follow up in a timely manner on borrowers' submission of financial information on a monthly, quarterly, or annual basis as applicable.
• Analyze work to conform to regulatory guidelines and Bank policies.
• Ensure compliance with applicable regulations including, but not limited to, Reg B and HMDA.
• Assist the Commercial Banking Officers with more advanced transactions, including preparing loan requests for the underwriting process.
• Assist commercial banking officers with preparation for loan closings by reviewing loan documentation.
• Prepare term sheets and commitment letters in accordance with the approval document.
• Assist with any renewals or modifications to existing loans within the assigned portfolio.
• Work directly with customers and Commercial Banking Officers on construction disbursement requests, ensuring required documentation is obtained.
• Perform routine, thorough annual reviews of relationships in an assigned loan portfolio to ensure accurate risk grades and data integrity at all times.
• Perform site inspections as required.
• Train new team members as needed.

Benefits

• Robust medical, dental, and vision insurance packages
• Generous time off, including paid federal holidays and paid day off for your birthday
• 401(k) retirement savings plan
• Tuition reimbursement, professional development, and career growth opportunities
• Employee assistance program
• Comprehensive wellness program

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Associate degree