Commercial Portfolio Manager

Peak Credit Union

2d • $84,960 - $127,440 • Remote

About The Position

The Commercial Portfolio Manager supports the Commercial Lending Team by handling technical and administrative aspects of managing an assigned commercial loan portfolio. The role supports Commercial Loan Officers in managing existing commercial credit relationships and developing new relationships, and serves as the primary contact for existing borrowers. The position is remote and open to candidates residing in Washington or Oregon; travel is not required.

The manager monitors portfolio performance and trends, helps ensure timely annual reviews, documents performance against covenants and conditions, and assists with action plans for deteriorating credit relationships. The role gathers and analyzes updated information, prepares loan review memorandums and recommendations, coordinates and reviews annual reviews and property inspections, underwrites and structures new loans or modifications, and completes due diligence before credit submissions. It also supports risk monitoring, identifies cross-sell opportunities, helps maintain commercial lending reports, and assists with regulatory and policy compliance.

This position requires a high school education and at least four years of loan underwriting experience, ideally in commercial underwriting and analysis at a financial institution. The target annual pay range is $93,456–$106,200; the full annual pay range is $84,960–$127,440. Performance-based compensation incentives are available. The position is eligible for Full-Time Regular benefits.

Requirements

• High school education.
• At least four years of loan underwriting experience, ideally in commercial underwriting and analysis within a financial institution.
• Working knowledge of commercial lending and deposit account procedures, commercial and personal financial statement analysis, credit approval and annual review memorandums, and commercial loan documentation.
• Knowledge and understanding of lending regulations.
• Consistently high standards for accuracy, thoroughness, completeness, and orderly documentation, system input, and internal and external correspondence.
• Strong interpersonal communication and negotiation skills to determine existing and potential members’ financial needs.
• Demonstrated customer service skills and ability to communicate professionally with members.
• Ability to organize work, respond promptly to member requests, and meet deadlines.
• Skills in member-related account transactions and ability to interpret and explain credit union policies and transactions posted to members’ accounts.
• Ability to work effectively as part of a team and independently.

Nice To Haves

• Experience with Abrigo Sageworks financial software or an equivalent.

Responsibilities

• Support Commercial Loan Officers in managing existing commercial credit relationships and in supporting new relationships.
• Serve as the primary point of contact for existing borrowing relationships.
• Manage existing borrower relationships and support Commercial Loan Officers in managing new relationships.
• Help ensure timely annual reviews, document performance against covenants and conditions, and assist with monitoring deteriorating credit relationships and developing action plans.
• Collect updated information, analyze data, and prepare periodic loan review memorandums with risk upgrade or downgrade recommendations, with assistance from the Commercial Loan Officer as needed.
• Create, coordinate, and review annual review memorandums, property inspections, and commercial real estate evaluations for accuracy and approval recommendations.
• Underwrite and structure new loans or modifications to existing client relationships, and help document them.
• Seek cross-sell opportunities and direct members to credit union services and products suited to their business needs.
• Perform due diligence, including reviewing financial, entity, legal, and other documents before credit submission.
• Monitor portfolio performance and trends, define credit relationship solutions, identify issues, develop remediation, underwrite, and provide credit approval recommendations as designated.
• Help develop and maintain reports for monitoring risk, realizing opportunities, and supporting department and portfolio allocation and management.
• Help ensure compliance with state and federal regulations, policies, and procedures; provide feedback on lending policy and procedural updates; and stay current on industry, market, and regulatory changes.
• Perform other duties as assigned.

Benefits

• Medical, dental, vision, and life insurance coverage for employees and eligible family members.
• Option for medical, dental, and vision insurance to be paid 100% by the company for employee-only coverage.
• Health Care FSA, Health Savings Account with employer contributions, and Dependent Care FSA.
• Life and AD&D insurance.
• 401(k) plan.
• Vacation and sick leave accrual of 8 hours each per month for Full-Time Regular employees.
• 11 paid holidays, 1 floating holiday, 16 hours of self-care time, and 16 hours of volunteer time for Full-Time Regular employees.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: High school or GED