Portfolio Manager, Commercial
About The Position
The Portfolio Manager, Commercial supports the Middle Market Commercial Banking team by analyzing commercial business financial statements for businesses with revenues ranging from $20 million to $500 million and calculating key credit metrics, including cash flow, leverage, working capital, and collateral coverage. The role also serves as a point of contact for client relations and is responsible for maintaining a high level of responsiveness. The Portfolio Manager manages an assigned commercial customer portfolio in partnership with relationship managers, oversees portfolio reporting, reviews customer financial and compliance materials, monitors risk, and prepares credit packages. The position also structures and underwrites complex commercial loan transactions, provides credit recommendations, reviews loan documentation, and supports audits and regulatory examinations while complying with bank policies and applicable regulations.
Requirements
- Bachelor’s degree in business administration, finance, accounting, or a related discipline.
- At least 4 years of commercial credit experience, including experience in corporate banking, middle market, or commercial real estate (CRE).
- Strong understanding of general credit and risk principles, mitigants, and banking policies and procedures.
- Proficiency in Microsoft Office, including Excel, Word, and PowerPoint, and financial forecast models.
- Excellent oral and written communication skills.
- Strong analytical and organizational skills, with the ability to proactively manage and prioritize workflow.
- Strong interpersonal skills and a demonstrated ability to establish client relationships and work in a team environment.
Nice To Haves
- Leveraged lending experience.
- Formal bank credit training.
Responsibilities
- Manage an assigned portfolio of commercial customers in partnership with the relationship manager.
- Provide support and oversight for portfolio management reporting, including delinquencies, problem loans, exceptions, and tickler tracking, as designated by the CCO.
- Coordinate the collection and review of financial statements, tax returns, covenant compliance certificates, and/or borrowing bases to meet customer reporting requirements.
- Monitor the assigned portfolio for early warning signs of financial weakness or other risks, and work with borrowers to develop and execute plans to mitigate risk or transfer accounts to the Special Assets Group.
- Prepare credit packages for annual reviews, renewals, loan requests, portfolio reviews, and criticized asset reviews.
- Structure and underwrite complex commercial loan transactions in an assigned portfolio and new business transactions.
- Provide credit recommendations to the appropriate level of credit administration.
- Review and negotiate loan documentation in consultation with legal counsel, and ensure renewals and modifications are properly closed.
- Serve as a contact for and provide support and responses to internal audits, loan review, compliance reviews, and regulatory exams for the bank.
- Comply with bank policies and procedures and applicable state and federal regulations.
Benefits
- Medical insurance
- Dental insurance
- Vision insurance
- Life insurance
- Accidental death and dismemberment insurance
- Short-term and long-term disability insurance
- Parental leave
- Employee Assistance Program (EAP)
- Traditional and Roth 401(k) with company match
- Flexible Spending Account (FSA)
- Employee Stock Purchase Plan at 5% discount
- Critical illness insurance
- Accident insurance
- Transportation and commuting benefits
- Banking benefits
- Pet insurance
- Tuition reimbursement
- Annual discretionary bonus eligibility
- Family-friendly work hours
- Promote-from-within culture
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Job Type
Full-time
Career Level
Mid Level
