Head of Commercial Portfolio Management

Unity Bank•Clinton, NJ

About The Position

Responsible for overseeing the performance, risk management, and strategic direction of the bank's commercial loan portfolio. Managing sound credit practices, regulatory compliance, and asset quality of the portfolio.

Requirements

Strict attention to detail and thoroughness in the completion of job duties.
Thorough analysis of information and use of logic to address complexity of data and information.
Bachelor's degree in finance, business or related field or equivalent experience
Minimum of 7 years' experience in a financial institution's Commercial Loan department
2 – 4 years of Supervisory skills
Extensive knowledge of financial institution's sound lending policies and procedures
Extensive knowledge of Commercial Real Estate lending practices

Nice To Haves

Knowledge of SBA lending programs preferred, but not required

Responsibilities

Lead the monitoring and management of the commercial loan portfolio, including CRE, C&I, SBA, and other business lending segments.
Develop and implement portfolio strategies to ensure the risk ratings reviews are completed in a timely manner.
Identify trends, concentrations, emerging risks; recommend proactive measures to mitigate exposure.
Supervise and mentor a team of commercial portfolio managers.
Ensure adherence to internal credit policies and regulatory guidelines.
Maintains on-going financial and covenant tracking of the commercial loan portfolio.
Partner with commercial lenders to support client relationships and ensure timely and effective portfolio servicing.
Engage with borrowers on complex credit matters, renewals, and restructures as needed.
Oversee the preparation of portfolio reports for executive management and the board.
Analyst portfolio performance metrics, including delinquencies, charge-offs, and risk ratings.
Support regulatory exams and internal/external audits with relevant documentation and analysis.
Make recommendations to appropriate risk rating changes.