SAM Commercial Portfolio Manager

Southstate Bank•Va, NC

12d•Hybrid

About The Position

The SAM Commercial Portfolio Manager supports the Special Assets commercial loan portfolio of one or more SAM Commercial Resolutions Officers (CRO) and Team Leads (TL) providing quality underwriting and sound portfolio management that reduces problem assets and minimizes losses to the bank. This role involves analyzing financial information, compiling commercial loan packages, guiding loan requests through the credit approval process, and monitoring commercial loan portfolios. The position requires ensuring compliance with regulations and bank policies, reviewing portfolios for upgrade opportunities, and assisting with credit presentations. It also involves working with internal and external partners, staying updated on bank products and services, and adhering to all corporate policies and regulatory requirements, including those related to BSA, AML, CIP, and OFAC.

Requirements

Four-year degree in Business Administration, Finance, Accounting or related field; Graduation from a recognized school of banking is an asset or equivalent experience
Minimum of 5 years of experience in credit analysis, commercial banking, business banking with at least 5 years of specific portfolio management and/or underwriting experience.
Familiarity with loan structuring and loan documentation is required.
Knowledge in accounting and lending principles, as well as excellent oral and written communication skills.
Must have an in-depth knowledge of Federal and State lending regulations and Bank policies related to lending procedures.
Excellent interpersonal skills
Proficient in Microsoft Excel and Word, nCino, and Fiserv
Must be well-organized, accurate, and attentive to detail
Must be cooperative and willing to assist coworkers and customers on a regular basis
Effective listening skills demonstrated by the ability to listen to others talk (without interruption), understand them, and then propose solutions or make contributions based on the points made by others
Possesses multi-tasking skills and be able to function well under pressure
Ability to remain composed under pressure and respond to customer and coworker concerns regularly
Patience and willingness to help others in solving problems while maintaining a positive attitude
Willing to participate in training opportunities as available to enhance job skills.
Required annual compliance training; New Employee Orientation

Nice To Haves

Graduation from a recognized school of banking is an asset

Responsibilities

Analyzes financial information to evaluate the credit worthiness of renewals, modifications, and forbearance loan requests and on-going Portfolio Management activities through thorough and accurate analyses within the parameters of the Bank’s policies and procedures.
Compiles commercial loan packages ensuring completeness and accuracy of information provided. The commercial loan package includes, but is not limited to, a written credit memo with sufficient background information on the Customer, financial analysis of the Borrower, Guarantors and the proposed transaction, critical analysis of the potential risk to the Bank, proper risk grading and discussion and a thoughtful recommendation.
Completes, when needed, additional credit analysis through more in-depth tools outside of the traditional spreads and global cash flow (example CRE analysis tool).
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 commercial loan relationships are in compliance with State and Federal regulations and Bank policies and procedures.
Monitors and services the commercial loan portfolios of the supported CRO and TL through quality portfolio management work related to centralized covenant testing and tracking, the annual servicing review process, criticized loan asset report preparation, and exception clearing.
Reviews commercial portfolio for opportunities for potential upgrades.
Properly grades risk of each loan in the assigned portfolio, per policy.
Recommends adjustments to risk grades as circumstances change or new information becomes available.
Assists CRO and TL in credit presentation to Credit Administration or other leaders and Committees at the Bank.
Ensure that all required documentation is in file for all loans.
Works with the CRO, TL and the SAM Loan Assistant to help clear documentation or compliance deficiencies noted by Loan Operations or other reviews.
Periodically engage with customers at the direction of the CRO or TL for the collection of financial information.
Builds and maintains positive working relationships with internal business partners (Loan Operations, Credit Administrators, Loan Operations Area, Credit Leadership, Local Line Leadership and Branch Personnel etc.).
Undertakes special projects related to job function as determined by the Director of Special Assets or SAM Commercial Resolutions TL.
Continuously updates skills by participating in professional training and seeks opportunities to improve skills through cross-training offered by the Bank.
Works with CRO and TL to monitor maturing loans.
Demonstrates a commitment to fair lending practices.
Remains knowledgeable of all laws and regulations governing the lending activities of financial institutions.
Ensures compliance with all applicable Bank policies and procedures, as well as all State and Federal regulations.
Builds and maintains a positive working relationship with attorneys, appraisers, vendors 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 to assist in the identification, detection and determent of money laundering or other unlawful activities.