Portfolio Manager Commercial Real Estate Division

Camden National Bank • Portland, ME

2d

About The Position

The Portfolio Manager Commercial Real Estate Division provides service and support to commercial loan customers and commercial banking officers and assists in the development and management of loan account relationships which comply with established loan policies. This role is responsible for examination, evaluation, and authorization of customer loan requests.

Requirements

• Bachelors’ / 4-year college degree or equivalent to 3-5 yrs. in Commercial Banking and/or pertinent commercial real estate experience, including credit analysis and/or commercial credit underwriting
• Extensive Knowledge/Experience in Commercial Real Estate and/or Commercial Real Estate financing
• Extensive knowledge of loan policy
• Experience with Complex Loan structures, Large Dollar loans and portfolios and high net worth borrowers
• Ability to solve complex financial data sets and review complex financial portfolio data
• Ability to manage Commercial Portfolios of $200 million or more
• Ability to calculate figures and amounts such as discounts, interest, commissions, proportions and percentages
• Ability to apply common sense understanding to carry out instructions furnished in written, oral, or diagram form
• Ability to read and interpret documents such as safety rules, operating and maintenance instructions, and procedure manuals
• Ability to write routine reports and correspondence
• Ability to speak effectively before groups of customers or employees of organization
• Excellent communication skills and strong analytical skills

Responsibilities

• Interview loan applicants, collect and analyze information which reflect credit worthiness of customer and merits of new loan requests and existing loans
• Serve as the first point of contact in communication and resolving issues for existing customers
• Assist commercial banking officers to prepare for loan closings, such as completing the commercial loan input form, coordinating the closing, attending the loan closing, post-closing memos, follow-up items with attorney if necessary, etc.
• Establish and negotiate loan terms under the supervision of a commercial banking officer
• Monitor reports and follow existing loans to ensure conformity with terms, monitor portfolio to identify developing trends.
• Oversee loan payments and take necessary measures to collect past due accounts
• Ensure appropriate risk ratings, maintain current file memoranda, financial statements, and condition of electronic credit files
• Review and analyze financial statements and collateral evaluations, detailed DSCR review
• Review construction requisitions and Conduct Site Inspections
• Assist with analyzing financial and covenant tracking reports and testing of complex covenants
• Review loan documents

Benefits

• Robust medical, dental, and vision insurance packages
• Generous time off, including paid federal holidays and paid day off for your birthday
• 401(k) retirement savings plan
• Tuition reimbursement, professional development, and career growth opportunities
• Employee assistance program
• Comprehensive wellness program

What This Job Offers

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