Healthcare Lending Portfolio Manager

ConnectOne Bank • Union, NJ

1d • Hybrid

About The Position

ConnectOne Bank is seeking a Healthcare Lending Portfolio Manager to provide portfolio management support for the Healthcare Lending Group. The role involves the day-to-day management of the portfolio, monitoring credit quality, financial covenant compliance, risk grades, and the integrity of credit files and the commercial loan system through the tracking and review of borrower financial statements. The bank emphasizes a "People First" culture, encouraging employee growth and empowerment within an entrepreneurial setting.

Requirements

• Strong “People First” interest and ability.
• Outstanding communication and interpersonal skills.
• Familiarity with Bank security and safety practices.
• Credit Training.
• Knowledge of relevant Federal and State banking regulations.
• Strong management skills.
• Conflict resolution experience.
• Proficient with Microsoft Office Applications.

Nice To Haves

• Knowledge of CNOB products, services and credit policy preferred.
• Working knowledge of the nCino platform.
• Familiarity with Google application suite.
• 5-7 years of commercial lending or credit analysis experience.

Responsibilities

• Support the Bank’s “People First” focus and rules of engagement, maintaining a professional demeanor, working as an active member of the CNOB team, providing excellent client service, and striving to make CNOB “A Better Place to Be”.
• Establish and maintain a system for all commercial loan accounts that monitors the receipt of relevant documentation (borrower and guarantor financial statements, tax returns, rent rolls, leases, etc.) to keep loan files current.
• Maintain and develop customized reporting for in-depth analysis of commercial loan portfolio segments, including quarterly FASB 114/118 reports for accounts with notes of $1 million and more, and all substandard accounts with balances of $200 thousand or more.
• Assist in the early detection and identification of deteriorating credits and recommend appropriate courses of action.
• Serve as a liaison with outside loan review service companies.
• Ensure accuracy and maintenance of customer records and files, updating information as needed.
• Pay specific attention to credit administration, exception, and risk management based on common metrics.
• Coordinate with the credit department to perform in-depth financial analyses and credit investigations for credit decisions, online extensions, and other loans.
• Visit customers independently and with commercial loan officers to maintain strong business relationships and perform periodic inspections at customer sites to audit accounts and ensure adherence to loan agreements and terms.
• Administer existing loans to ensure conformity with terms and adequacy of documentation, including preparation of criticized asset reports and review memos; coordinate with operations and processing areas to ensure loan payments are collected and recorded.
• Develop new business for the Bank by expanding existing client relationships and bringing new relationships into the Bank.

Benefits

• World class health, vision, and dental benefits on day one
• 401k with employer match
• Hybrid work from home (depending on role)
• Employee appreciation events (team building, softball games, food truck days, etc..)
• Employee assistance programs (EAP)
• Wellness programs (flu shot, preventive care, health programs and services discounts, etc..)
• Tuition reimbursement
• Employee Discount perks
• CNOB Community Service Events

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed