Loan Portfolio Manager

BankIowa•Cedar Rapids, IA

About The Position

The Loan Portfolio Manager partners with commercial managers and loan officers to proactively manage and service lending relationships within an assigned commercial banking loan portfolio. The role manages the credit production process, including obtaining documents for financial spreading and analysis, identifying industry and market risks, confirming collateral requirements, reviewing loan structure and pricing, monitoring credit performance, and making recommendations on new loan requests, renewals, annual reviews, and credit opportunities. The position aims to ensure Credit Presentations are accurate and timely and that credit policy exceptions are identified and tracked. The role includes independent customer interaction to handle non-routine servicing matters and risk-related issues, as well as proactive communication with customers and their accountants to obtain financial statements and other information. The Loan Portfolio Manager also provides routine customer service, participates in independent and joint sales calls with commercial managers and loan officers, and helps identify customer and prospect needs. The position is accountable for financial analysis and preparation of Credit Presentations, customer-level tracking and portfolio monitoring, and backup support for bank-wide portfolio management. It also requires compliance with bank policies and procedures, applicable annual compliance training, Bank Secrecy Act/OFAC/CIP requirements, and the confidentiality and privacy of information.

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; related financial services analyst experience will also be considered.
Strong analytical skills.
Good knowledge of word-processing and spreadsheet programs, including Microsoft Word and Excel.
Ability to demonstrate accuracy, attention to detail, and meet deadlines.

Nice To Haves

Specific experience with financial statement spreading software.

Responsibilities

Spread financial statements and prepare the financial template for Credit Presentation packages, as appropriate.
Prepare Loan Exposure Summaries covering direct, indirect, and related-group exposures.
Research industry-specific economic trends and prepare preliminary credit presentations with analysis of repayment ability, covenant compliance, collateral coverage, liquidity, leverage, and preliminary risk-rating recommendations.
Recommend future credit opportunities.
Deliver preliminary draft Credit Presentations to assigned lenders, or initiate denial of credit approval processes after receiving all information: within 48 hours for new requests, one week before maturity for renewals, and by the tickler review date for annual reviews.
Proactively solicit and collect customer financial statements so renewals and annual reviews can be completed on time, and update the Financial Statement tickler system upon receipt.
Assist Commercial Loan Assistants with soliciting and tracking customer insurance information.
Prepare preliminary quarterly Watch List reports, updating loan balances, spreads, and financial results to support timely lender completion.
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 agendas and minutes.
Interact with customers independently on non-routine servicing and risk-related matters, provide routine customer service, and communicate with customers and their accountants to obtain information.
Participate in independent and joint sales calls with commercial managers and loan officers 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.
Uphold the confidentiality and privacy of information and findings, and perform other tasks requested by management.
Complete five hours of applicable continuing education or training per year.