Portfolio Manager I

Univest Financial Corporation • Souderton, PA

5d • Hybrid

About The Position

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

The Portfolio Manager supports loan origination, renewals, modifications, underwriting, closing, and post-closing activities. The role assesses customer financial information and risk profiles, coordinates due diligence, monitors portfolio reporting and covenant compliance, supports construction advances, and leads audit preparation. It also establishes operational relationships with designated clients and assists Relationship Managers with client meetings, loan closings, and gathering financial information.

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 promptly.
• Ability to independently assess customer financial information to determine repayment capacity, collateral coverage, and balance-sheet strength, and prepare financial performance analyses for deal screening and underwriting.
• Ability to monitor portfolio performance and credit risk by interpreting financial information, testing covenants, and evaluating non-financial factors; ensure customer compliance, portfolio performance, and asset quality remain strong; and collaborate on risk-limiting strategies.
• Ability to maintain composure under pressure, handle most problems and exceptions independently, and demonstrate a professional, collaborative attitude.
• Bachelor’s degree in finance or equivalent experience in a related area.
• Trained Financial Analyst with at least 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, outlining facility structure, terms, and conditions.
• Prepare credit-file and underwriting approval memos when necessary.
• Analyze customer financial information for upcoming loan requests, covenant tests, and annual reviews.
• Prepare financial performance analyses, including cash flow and collateral analyses, for deal screening and underwriting.
• Facilitate or complete covenant compliance testing and monitor customer risk profiles through financial information, covenant tests, and non-financial factors.
• Independently assess due diligence required for each loan request.
• Order and review due diligence searches, including real estate, lien, credit, background, and OFAC searches.
• Order and review appraisal and environmental reports.
• Support loan closings by determining pre-close settlement 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.
• Provide post-closing follow-up with customers, Bank Counsel, and title companies when necessary.
• 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 internal and external audit preparation by reviewing file completeness and organization, evaluating loan coding accuracy, and preparing responses with the Relationship Manager.
• Comply with laws and regulations applicable to the position, including the Univest Code of Conduct.
• Perform other duties as assigned.
• Establish operational relationships with designated clients to 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 customer financial information.

Benefits

• Medical, dental, and vision insurance for single or family coverage, beginning the first of the month after the start date.
• 401(k) plan with up to a 3% employer match after six months of employment.
• 15 days of paid time off annually, 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 insurance.
• 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