Commercial Portfolio Manager

Cedar Point Federal Credit Union•Lexington Park, MD

About The Position

Are you looking to grow your career and join a dynamic company? Cedar Point Federal Credit Union is hiring for a Commercial Portfolio Manager. The Commercial Portfolio Manager is responsible for managing and monitoring a portfolio of commercial loans and relationships to ensure credit quality, profitability, and strong member service. This role supports the Credit Union’s mission by balancing prudent risk management with personalized service to business members and community partners.

Requirements

Associate's Degree in Finance, Accounting, Business, or related field.
3-5 years of experience in commercial lending, portfolio management, or credit analysis (credit union preferred)
Strong understanding of commercial credit underwriting and risk rating systems.
Ability to work in a fast-paced environment and be flexible with schedule.
Strong written and verbal communication skills
Ability to work in a fast-paced environment and multitask.

Responsibilities

Serve as the main point of contact for the Commercial Lending Department and provide exceptional member-service.
Assist with the collection of financial documents for new loan requests, annual renewals, and re-grades.
Assist with the underwriting process by pulling credit reports for borrowers and/or guarantors and analyzing financial data as needed.
Responsible for overseeing the appraisal process, including requesting quotes, engaging appraisers, tracking due dates, and managing the review process.
Coordinate loan settlements with attorneys and borrowers.
Assist with the loan settlement process by drafting documents for the Credit Union, engaging attorneys, reviewing attorney-prepared documents for accuracy, obtaining good standing certificates, requesting proof of insurance, verifying lien positions (through SDAT and Land Records), and corresponding with attorneys as needed.
Monitor commercial vehicle and equipment loans to ensure that titles are received and that proof of insurance is current.
Verify invoices for work performed by third-party vendors (i.e., appraisals, flood certifications, attorneys, etc.) and ensure payments are processed in a timely manner.
Open new deposit accounts for business members.
Ensure all required documentation is in the physical and digital loan files.
Accompany loan officers on calls with members as needed.
Build and maintain positive working relationships with internal and external business partners.
Process loan payments.
Work with loan officers and others to collect past-due loans.
Maintain knowledge of products and services offered by the Credit Union.
Complete required and recommended educational courses, follow all rules and regulations applicable to job function, including but not limited to the Bank Secrecy Act.
Perform other duties as assigned and assist with special projects.