PORTFOLIO MANAGEMENT OFFICER- WATERFORD

First BanCorp•Miami, FL

3d•Onsite

About The Position

Responsible for loan monitoring during life cycle to include all internal and external reporting requirements, company I borrower news and press releases and all relevantevents. Responsible for the maintenance of the Commercial Loan Portfolio and for providing support as detailed below.

Requirements

Strong knowledge of Microsoft Office Suite specifically excel, word and PPT.
Understanding of financial information and loan documentation.
Strong analytical and problem-solving skills.
Well-developed written communication and verbal presentation skills.
This position requires sitting most of the time, using of hands, fingers, hand leorfee, talk and hearing. Sometimes is required to stand and walk.
Able to handle stress.
Flexible working hours.
Attention to details.
Specific vision abilities close and distance vision.
May require l lifting and moving boxes or packages not exceeding10 pounds in weight.
Good communication skills.
Bachelor's or master's in accounting, finance, business, or related field.
Credit Analysis Skills
Individual is required to work independently with little supervision and meet established deadlines.

Responsibilities

Facilitates the preparation of credit underwriting and analysis of new loans, renewals and modifications.
Assist in facilitating closing of transactions.
Manage past due and maturing loans.
Recommends and models appropriate loan structure for new and existing loan relationships
Prepares periodic reviews of existing loans to assess credit quality and covenant compliance
Collect, receive and review financial report to monitor loan compliance and performance.
Prepare files for annual review and complete review on timely basis.
Responsible for portfolio annual inspections
Timely response to open exception report, loan review audits and support internal and external audits.
Review weekly reports and tickler file for assigned Portfolio.
Assists Commercial Lending Team with potential new business.
Assists in the preparation of Waivers and Amendments.
Prepares Commercial portfolio and other miscellaneous reports as needed.
Requests and follows-up on pending and missing legal and other documentation supporting credit assets.
Prepares visitation reports summarizing visits to properties and/or with clients.
Assist with Commercial Lending team as needed to acquire working knowledge of Credit Analysis
Providing loan document information as required which includes secondary market and NLP portfolios.
Create and send default letters as required.
Other ad-hoc duties as necessary in order to familiarize with all department areas.