Portfolio Manager I

Univest Financial Corporation • Allentown, PA

5d • Hybrid

About The Position

Univest is seeking a detail-oriented, relationship-driven Portfolio Manager to support its Commercial Lending team across Souderton and Allentown. The role partners with Relationship Managers and internal teams to manage commercial loan portfolios, support lending processes, analyze financial information, build client relationships, and maintain compliance with commercial lending policies, procedures, and regulatory requirements.

The Portfolio Manager supports loan origination, renewals and modifications; conducts financial and risk analysis; coordinates due diligence, closing, and post-closing activities; monitors portfolio reporting and exceptions; and helps prepare for internal and external audits. The role also establishes operational relationships with designated clients and supports Relationship Managers in client meetings and loan closings.

Requirements

• Excellent interpersonal and communication skills, with the ability to communicate professionally verbally, nonverbally, and in writing with external customers and people across the organization.
• Strong organizational and time-management skills, attention to detail, and ability to manage multiple priorities and complete tasks on time.
• Ability to independently assess customer financial information, including repayment capacity, collateral coverage, and balance-sheet strength, and prepare financial performance analysis for deal screening and underwriting.
• Ability to monitor portfolio performance and credit risk by interpreting financial information, testing covenants, and evaluating non-financial factors.
• Ability to ensure customer compliance, portfolio performance, and asset quality, and collaborate on strategies to limit risk and loss to the Bank.
• Ability to maintain composure in high-pressure situations and handle most problems or exceptions independently while maintaining a professional and collaborative attitude.
• Bachelor’s degree in finance or equivalent experience in a related area.
• Training as a Financial Analyst and a minimum of four years of comparable industry experience.
• Proficiency with Microsoft Teams or equivalent video-conferencing software and Microsoft Office, specifically Word, Excel, Outlook, OneNote, PowerPoint, and SharePoint.

Nice To Haves

• Prior Salesforce and nCino experience.
• Knowledge of commercial lending processes and procedures.

Responsibilities

• Prepare loan approval packages in the Loan Origination System with the Relationship Manager for new originations, renewals, and modifications.
• Prepare credit-file and underwriting-approval memos when necessary.
• Analyze customer financial information for loan requests, covenant tests, and annual reviews.
• Prepare financial performance analysis, including cash flow and collateral analysis, for deal screening and underwriting.
• Facilitate or complete covenant compliance testing and assess customer risk using financial information, covenants, and non-financial factors.
• Independently assess due diligence required for each loan request.
• Order and review due diligence searches, including real estate and lien searches, credit reports, background checks, and OFAC reports.
• Order and review appraisal and environmental reports.
• Support loan closings by determining pre-close requirements, obtaining insurance documentation, communicating with title companies, and reviewing and approving loan coding.
• Partner with Bank Counsel to prepare for loan closings.
• Review loan documentation for accuracy and provide post-closing follow-up with customers, Bank Counsel, and title companies as needed.
• Monitor and track monthly reporting, including maturing loans, annual reviews, and exception reporting.
• Work with Relationship Managers, Administrators, and customers to clear exceptions.
• Support the Commercial Lending Team in satisfying requirements for construction advances.
• Lead preparation for internal and external audits by reviewing file completeness and organization, evaluating loan coding accuracy, and preparing responses with the Relationship Manager.
• Comply with applicable laws and regulations, including the Univest Code of Conduct.
• Establish operational relationships with designated clients and handle routine daily operational issues and requests.
• Support Relationship Managers in preparing for and attending client meetings and loan closings.
• Communicate with Relationship Managers and customers to gather required financial information.
• Perform other duties as assigned.

Benefits

• Medical, dental, and vision coverage for single or family, beginning the first of the month following the start date.
• 401(k) plan with up to a 3% employer match after six months of employment.
• 15 days of annual paid time off, prorated in the first year.
• 12 weeks of short-term disability sick time with a doctor's note, prorated in the first year.
• 11 paid holidays.
• Company-paid life insurance and other supplemental insurances.
• Tuition reimbursement.
• Employee wellness programs, including fitness club discounts and fitness tracker discounts or annual reimbursement.
• Discounts on loan products.
• Professional development trainings.

What This Job Offers

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