Portfolio Manager II

Glacier Bancorp, Inc.•American Fork, UT

1d•Onsite

About The Position

Altabank, Division of Glacier Bank, is looking for a Full-time Portfolio Manager II for our American Fork branch. This role is responsible for providing competent credit analysis and portfolio management for commercial lending activities, including both Commercial & Industrial (C&I) and Commercial Real Estate (CRE) portfolios. The position oversees credit workflows and processes necessary for the team to achieve optimal levels of production while maintaining excellent credit quality across a diverse portfolio. Portfolio Managers work directly with clients on requests and portfolio management duties.

Requirements

Two to five years of similar or related experience.
A college degree or equivalent combination of education and experience.
Knowledge and Skills: Bachelor's degree in accounting, finance, economics, business administration, or a related field strongly preferred.
A significant level of trust and diplomacy is required to be an effective subject matter expert in the position. In-depth dialogues, conversations, and explanations with customers, direct and indirect reports and outside vendors of a sensitive and/or highly confidential nature is a normal part of the day-to-day experience. Communications can involve motivating, influencing, education, and/or advising others on matters of significance.
Expert use of Microsoft Word and Excel is required.
Database experience preferred.
Must possess ability to prepare written reports and present formal presentations.
Must be capable of regular, reliable and timely attendance.
Must be capable of climbing / descending stairs in an emergency situation.

Nice To Haves

Database experience preferred.

Responsibilities

Oversee a complex loan portfolio between $60mm and $92mm in loans outstanding, including both Commercial & Industrial (C&I) and Commercial Real Estate (CRE) relationships
Maintain optimal portfolio quality across both C&I and CRE portfolios: Borrowing Base Certificates are timely, accurate and filed; Lines secured with A/R & inventory assets are not overdrawn; Financial reporting requirements are timely, accurate and filed; Loan covenants are monitored in a manner that is timely and accurate; Maturing loans are tracked and properly addressed prior to maturity; Annual reviews and ADC reviews are completed in a manner that is timely and accurate; Graded credits have accurate and updated Problem Loan Reports
Perform commercial loan underwriting tasks for both C&I and CRE credits such as; analyze business & personal tax returns, property-level financials (rent rolls, operating statements), global cash flow, and guarantor strength; identify trends and concerns and work closely with assigned commercial team and customers to understand & mitigate credit issues.
Assess credit worthiness of individuals, companies, and institutions
Undertakes risk analysis using regional and industry-specific data and gauges market trends
Provide informed professional opinions to bank officers regarding applicants financial/credit status, suggest loan structures, and support the lending process
Clearly and professionally communicates with lending teams and customers and responds to communication within one business day
Adherence and deep knowledge of loan policy to be used while underwriting and discussing potential loan requests
Complete preflight memos to be presented to Senior Credit Risk Officers for new loan requests greater than $5mm
Complete credit memos to be presented for approval for both new and renewing loans within 15 days of receiving a complete application
Completes quality assurance reviews
Determine value of collateral; review independent appraisal reports, rent rolls, property inspections, and other collateral documents that secure the bank’s lien position, with particular emphasis on CRE asset performance and valuation
Lead projects that will consist primarily of credit administration issues and may relate to possible changes in policies and procedure, possible changes as a result of examiner or auditor recommendations, peer group analysis, market studies, changes in compliance and regulations, software upgrades, monitoring of industry or borrower concentrations, risk assessments, and feasibility studies for efficiency gains such as out-sourcing, in-sourcing, centralization of duties/staff, etc.
Must comply with applicable laws and regulations, including but not limited to, the Bank Secrecy Act, the Patriot Act, and the Office of Foreign Assets Control, in addition to all company policies.
Complete required bank training courses within assigned time frame(s). It is the individual learner responsibility to ensure that they understand the information given to them in each training. If the learner does not understand the information given they need to reach out to their supervisor for further clarification or additional training.
Adhere to Altabank Core Values.
Keeps management appropriately informed of area activities and of any significant problems.
Participate in Community Service and Bank sponsored activities that serve and support the mission and values of the Altabank.
Provide superior internal and external customer service: must demonstrate self-governance, courtesy and respect toward external customers as well as internal customers (all organization personnel).
Represent Altabank in a professional manner which includes a professional image, confidentiality, a positive “can-do” attitude, good attendance, punctuality, flexibility and adaptability in meeting bank and customer needs. Keep work area tidy and maintain customer privacy. Attends and participates in meetings as required.
Regular and predictable attendance in order to accomplish, among other things, in-person contact with customers.
Additional duties as requested or assigned.