CRE Portfolio Manager

Northwest Bank • Columbus, OH

87d • $90,000 - $115,000

About The Position

The CRE Portfolio Manager is responsible for the ongoing monitoring process for the Bank's CRE commercial loans to ensure timely and accurate risk ratings and compliance with credit policy, loan agreements, and applicable banking regulations. This individual contributor position interacts closely with and supports CRE Relationship Managers, as well as other internal personnel, on commercial credit portfolio monitoring working under limited supervision.

Requirements

• Bachelor's Degree in Accounting, Finance, Economics, or related discipline.
• 6-8 years of relevant experience in Commercial Lending as a Portfolio Manager, Relationship Manager and/or Credit Officer/Underwriter working with moderate to complex loans and documentation.
• 6-8 years of experience in Commercial Credit or public accounting.
• Experience with CRE underwriting.

Responsibilities

• Monitor credit performance of individual commercial borrowers ensuring timely escalation or remediation, as appropriate.
• Responsible for the timeliness and accurate reporting of the commercial portfolio monitoring activities and adherence to credit policies, procedures and thresholds related to financial statement collection, covenant testing, collateral valuation, annual reviews, and delinquencies.
• Evaluation of risk associated with non-compliance.
• Engage with customers, regularly, to discuss operating performance and business results including covenant compliance.
• Gain a thorough understanding of the borrowers’ business model and industry trends in order to effectively evaluate sources of repayment and accurately assign risk rating.
• Collect and review all pertinent credit and financial information, including but not limited to financial statements, tax returns, due diligence reports, credit bureaus, appraisals, internal credit information, industry research and peer data.
• Determine the need for more thorough investigation or additional information.
• Spread financial statements and prepare financial models designed to assess probability of default and loss given default.
• Document historic and proforma cash flows, covenant calculations, sensitivity analysis, guarantor statement review, and collateral valuation as appropriate.
• Analyze financial information and related materials to ensure prudent ongoing credit monitoring for the Bank’s commercial loan portfolio.
• Identify emerging risks or material changes in customers financial position, including evaluation of compliance with loan agreements.
• Assist in completion of annual reviews, renewals, interim update memos, covenant calculations and criticized asset reviews.
• Monitor early warning indicators and other forms of credit surveillance.
• Present analysis or address questions during credit discussions or presentations.
• Liaison between Commercial Banking Relationship Managers, Credit Risk, the Underwriting Team and Special Assets to ensure necessary credit approvals are obtained and appropriately documented and loan operating system reflects accurate commercial loan data.
• Document and track key risk indicators associated with monitoring and control procedures and any applicable thresholds.

Benefits

• Competitive compensation and benefits.
• Professional development opportunities.
• Additional bonus earning opportunities.

What This Job Offers

• Job Type: Full-time
• Education Level: Bachelor's degree
• Number of Employees: 101-250 employees