Portfolio Manager I

SIMON•Houston, TX

About The Position

It's fun to work in a company where people truly BELIEVE in what they're doing! We're committed to bringing passion and customer focus to the business. Commercial Portfolio Manager supports the portfolio growth of assigned loan officer(s) by managing clients through the various stages of the lending process. Provides ongoing monitoring of assigned portfolios to ensure asset quality and customer service standards are met. The Commercial Portfolio Manager allows the assigned loan officers to dedicate more time to sales efforts and business development. Key responsibilities of the position include screening, structuring, underwriting, and monitoring commercial relationships while adhering to the standards and policies set by the bank. Essential Duties and Responsibilities Performs initial screening and underwriting of new lending opportunities developed by the commercial lender. Prepares memorandum and facilitates the initial underwriting of new transactions and/or renewals. Works directly with other internal departments including commercial credit analysts, appraisal services group and loan administration. Ensures adherence to credit policy, guidelines and regulatory requirements. Assists in the lending and sales process by accompanying the lenders on customer and prospect calls when necessary. Responsible for ongoing portfolio review of past dues, exceptions and maturing loan reports. Reports past dues to officer or makes contact to collect payment Works with officer to collect items needed for renewal processing Makes appropriate recommendations for these accounts Reports deteriorating credit situations to officer Ensures funding of construction loan disbursements in accordance with bank policy. Works closely with borrower, title companies and other third parties to ensure accurate disbursements with ongoing monitoring and record keeping. Participates in evaluating risk rating and makes revision recommendations. Ensures all departmental documents and activities are performed in compliance with applicable laws, regulations, policies and procedures as applicable to this position, including completion of required compliance training. Performs other duties and responsibilities as assigned.

Requirements

Ability to read and interpret documents such as procedure manuals, general business correspondence and/or journals or government regulations
Ability to read, analyze and interpret financial report and/or legal documents.
Ability to write routine reports and business correspondence
Ability to respond in writing to customer complaints, regulatory agencies or members of the business community
Ability to effectively present information in one-on-one and small group situations, to customers, clients and other employees in the organization
Ability to effectively present information and respond to questions from groups of managers, clients, customers and the general public and/or boards of directors
BS/BA Degree in applicable field of study or 1-2 years’ prior applicable experience.
MS Office programs

Responsibilities

Performs initial screening and underwriting of new lending opportunities developed by the commercial lender.
Prepares memorandum and facilitates the initial underwriting of new transactions and/or renewals.
Works directly with other internal departments including commercial credit analysts, appraisal services group and loan administration.
Ensures adherence to credit policy, guidelines and regulatory requirements.
Assists in the lending and sales process by accompanying the lenders on customer and prospect calls when necessary.
Responsible for ongoing portfolio review of past dues, exceptions and maturing loan reports.
Reports past dues to officer or makes contact to collect payment
Works with officer to collect items needed for renewal processing
Makes appropriate recommendations for these accounts
Reports deteriorating credit situations to officer
Ensures funding of construction loan disbursements in accordance with bank policy.
Works closely with borrower, title companies and other third parties to ensure accurate disbursements with ongoing monitoring and record keeping.
Participates in evaluating risk rating and makes revision recommendations.
Ensures all departmental documents and activities are performed in compliance with applicable laws, regulations, policies and procedures as applicable to this position, including completion of required compliance training.
Performs other duties and responsibilities as assigned.