Loan Portfolio Manager

BankIowa • Cedar Rapids, IA

3d

About The Position

The Loan Portfolio Manager partners with commercial managers and loan officers to proactively manage and service lending relationships in an assigned commercial banking loan portfolio. The role manages the credit production process, including collecting documents for financial statement spreading and analysis, identifying industry and market risks, confirming collateral requirements, reviewing loan structure and pricing, monitoring credit performance, and presenting findings and recommendations for new loan requests, renewals, annual reviews, and credit opportunities. The goal is to prepare timely and accurate Credit Presentations and identify and track credit policy exceptions.

The position also has customer-facing responsibilities. The Loan Portfolio Manager independently handles non-routine client servicing and risk-related matters, communicates with customers and their accountants to obtain financial statements and other information, provides routine customer service, participates in sales calls with commercial managers and loan officers, and helps identify customer and prospect needs.

The role also supports bank-wide portfolio management through tasks such as real estate evaluations, appraisal reviews, portfolio board reports, and loan committee agenda and minutes preparation. The employee must follow bank policies and procedures, complete required compliance training, comply with Bank Secrecy Act/OFAC/CIP requirements, protect confidential information, and perform other tasks requested by management.

Requirements

• Bachelor's degree in business, finance, agricultural finance, accounting, or a related field; a combination of education and experience may meet the qualification.
• Three or more years of experience with commercial banking credit analysis, lending policies and procedures, loan policy and regulatory requirements, and FSA and SBA loan programs; analyst experience in a related financial services industry will also be considered.
• Strong analytical skills.
• Good knowledge of word-processing and spreadsheet programs, including Word and Excel.
• Ability to meet deadlines and demonstrate accuracy and attention to detail.
• Complete five hours of applicable continuing education or training per year.
• Occasionally lift and/or move up to ten pounds.

Nice To Haves

• Specific experience with financial statement spreading software.

Responsibilities

• Spread financial statements and complete the financial template for Credit Presentation packages, as appropriate.
• Prepare Loan Exposure Summaries covering direct, indirect, and related-group exposures.
• Gather and research industry-specific economic trend information.
• Prepare preliminary credit presentations, analyzing repayment ability, covenant compliance, collateral coverage, liquidity, and leverage, and recommend a preliminary risk rating.
• Recommend future credit opportunities.
• Provide preliminary draft Credit Presentations to assigned lenders, or submit credit denials through the approval process, after receiving all required information: within 48 hours for new requests, one week before renewal maturity, and by the tickler review date for annual reviews.
• Proactively solicit and collect customer financial statements to support timely renewals and annual reviews, and update the Financial Statement tickler system when documents are received.
• Assist Commercial Loan Assistants in soliciting and tracking customer insurance information.
• Prepare preliminary quarterly Watch List reports, updating current loan balances, spreads, and financial results for lenders.
• Compile other portfolio data and monitoring reports as requested.
• Provide backup and support for bank-wide portfolio management, including real estate evaluations, appraisal reviews, loan portfolio board reports, and loan committee agenda and minutes preparation.
• Interact independently with customers on non-routine servicing and risk-related matters; communicate proactively with customers and accountants to obtain information.
• Provide routine customer service, participate in independent and joint sales calls, and help identify customer and prospect needs.
• Follow bank policies and procedures; complete applicable annual compliance training and comply with Bank Secrecy Act/OFAC/CIP policies and procedures.
• Maintain the confidentiality and privacy of information and findings.
• Perform other tasks requested by management.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level