640 - Commercial Reg 4 - Fred PM - Commercial Relationship Portfolio Manager II

First United Bank & Trust•Frederick, MD

12d•$46,000 - $101,200

About The Position

The Commercial Relationship Portfolio Manager II supports the effective and efficient operation of the Commercial Relationship process. The role coordinates activities for Commercial Relationship Managers and helps meet the commercial services needs of current and prospective business customers while following operational policies and procedures and communicating with bank management, staff, and external clients. The Portfolio Manager coordinates commercial loan workflow and documentation through underwriting, closing, booking, servicing, annual reviews, and renewals. Responsibilities also include supporting loan advances and construction draws, reviewing financial analyses, managing construction-loan and reserve-account processes, maintaining loan records and reports, assisting with sales activities, and communicating with borrowers and internal and external parties. The position may manage an assigned loan portfolio, including reviews, renewals, collections, workouts, or other special needs. The role requires a bachelor's degree in accounting, business, finance, or a related field, or consideration may be given to a high school diploma and at least five years of directly related commercial lending or banking experience. Three to five years of commercial portfolio experience is normally required. This is a salaried, full-time position; the description states it is not eligible for overtime. The job location is various outside locations as assigned.

Requirements

Bachelor of Science or Bachelor of Arts degree in accounting, business, finance, or a related field; alternatively, a high school diploma and at least five years of directly related commercial lending or banking industry experience may be considered.
Normally, three to five years of commercial portfolio experience.
Above-average proficiency in reading, writing, grammar, and mathematics.
Strong interpersonal, communication, and sales skills.
Expert-level knowledge of the bank’s commercial products and services.
Strong working knowledge of bank operating policies and procedures affecting commercial services.
Above-average ability to use a personal computer for word processing, spreadsheets, documentation, and financial analysis.
Visual and auditory skills.
Valid driver’s license.

Responsibilities

Coordinate Commercial Relationship Managers’ workflow by ordering and reviewing commercial loan document packages throughout underwriting and closing.
Maintain documentation and verify collection of required notations, forms, agreements, and signatures for commercial loan compliance.
Communicate with commercial customers and internal and external parties, including attorneys, title companies, and insurance companies, to resolve underwriting and loan-closing questions.
Resolve post-closing issues with borrowers and associated parties, including lien and recording perfection matters.
Assist Commercial Relationship Managers with tracking and assembling loan files, clearing documentation exceptions, and processing loan advances, disbursements, construction draws, and payments.
Serve as the primary contact assisting Credit Quality and Loan Servicing with collecting documentation and updating information for designated loans requiring annual reviews and renewals.
Review and comment on Credit Analysts’ analyses of company and personal financial statements, repayment ability calculations, and written reports.
Submit financial statements and customer documents to Credit Analysts for inclusion in commercial loan files.
Join Commercial Relationship Managers in prospect and client meetings and substitute for them in sales activities and meetings when needed.
Assist Relationship Managers in completing initial Credit Quest Loan Submission Packages.
Support commercial construction-loan management, including ordering and reviewing inspections, updating Relationship Managers, ensuring draws adhere to budgets, and managing change orders and disbursements.
Support management of reserve accounts for funds maintenance, taxes, insurance, and PIP.
Complete CAR and ACAR reports on time.
Prepare, monitor, and maintain documentation for internal and external reporting.
Communicate with borrowers and the Loan Records Department regarding real-estate releases for construction and development loans; ensure paydowns and partial or full lot releases are handled, including paperwork and spreadsheet maintenance.
Maintain effective working relationships with employees in other departments and contribute independently and as a team member.
Identify cross-selling opportunities and support business growth through proactive communication with potential customers and internal business partners.
Work with the Credit/Collections Department on credits requiring extra attention or potentially designated as watch-list loans.
Manage an assigned loan portfolio as needed, including operational activity, reviews, renewals, collections, workouts, and special needs.
Provide reports and documents to Executive Management, special committees, and other management personnel as assigned or requested.
Support Commercial Relationship Managers’ sales efforts through prospect/client communications, research, follow-up, and reporting.
Perform other duties related to the commercial lending process as required.
Follow laws and organizational policies intended to prevent harassment and illegal discrimination in the workplace.
Support internal risk-management, safety, soundness, and regulatory-compliance policies and procedures, including requirements such as CRA, BSA, ECOA, flood-disaster protection, and HMDA.
May attend sales and trade meetings as a bank representative to develop business and obtain information and leads.
May represent the Bank in public-relations and community activities.
Perform supportive tasks related to the essential functions, which may be altered or redesigned according to individual circumstances.

Benefits

12 days of paid time off for full-time hourly-paid employees, accrued at one day per month; accrued PTO may be used after 90 days of employment.
For salaried employees, paid sick days accrue at one day per month; first-year vacation time is subject to approval.
After one year of service, employees are eligible for the annual vacation benefit.
12 paid holidays.
2 personal days.
2 family sick days.
2 volunteer days after 90 days of employment.
Health care, dental, and vision coverage for single and family plans, eligible the first of the month following 30 days of full-time employment.
401(k) eligibility the first of the month following 30 days of employment, with employer match available.
Company wellness program.
Company stock program available after one year of employment.
Annual performance reviews, with salary increases based on individual performance.