Portfolio Assistant I, II

Global Credit Union • Anchorage, AK

6d • $49,284 - $73,391 • Onsite

About The Position

The Portfolio Assistant is responsible for monitoring, collecting, and tracking financial information on new and existing borrowing relationships. This role also involves managing and maintaining databases related to financial reporting requirements, annual loan reviews, collateral inspections, and financial covenant testing. The position requires a solid understanding of lending software and loan policy as they relate to business and commercial lending.

Requirements

• Minimum of 2 years of business or commercial lending experience or comparable portfolio monitoring or loan servicing experience.
• Strong organizational skills with the ability to work independently.
• A basic understanding of personal and business financial statements, interest calculations, and loan documentation.
• Ability to respond to inquiries or issues from members, regulatory agencies, or business community participants.
• Solid written and verbal communication skills.
• Capability of managing multiple tasks and responsibilities.
• Strong computer skills including Excel, Word, Outlook, and Advisor.

Nice To Haves

• Associate’s degree in Business Administration or related field preferred.

Responsibilities

• Monitoring, collecting, and tracking financial information from borrowers and guarantors for lending relationships with financial reporting requirements.
• Creating and sending correspondence to members requesting required financial information and following up with loan officers and members directly.
• Ordering, managing, and tracking the receipt of annual collateral inspections on both real estate and equipment when required by policy.
• Tracking, monitoring, and managing borrower due on demand, commercial lending, and remote deposit capture annual reviews and covenant compliance.
• Assisting in tracking legal fees related to the management of criticized and classified loans.
• Managing and maintaining monthly and quarterly reports, including new loans booked, change in terms, maturing loans, past due financial information, and aggregate exposure.
• Ordering and tracking appraisals requested by loan officers.
• Performing ongoing imaging of all financial information, including quality review, participations, and special credits documents.
• Maintaining a solid understanding of lending software and loan policy as they relate to business and commercial lending.
• Performing other duties as assigned.

Benefits

• Short-term and long-term incentives
• Comprehensive medical, dental and vision insurance plan with HSA and FSA options
• 401(k) plan with a 5% match
• Employee Assistance Program (EAP)
• Life and disability coverage
• Voluntary cash benefits for accident, hospitalization and critical illness
• Tuition Reimbursement
• Generous leave programs to include Paid Time Off accrual, Paid Sick Leave, Paid Holidays

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: High school or GED