Portfolio Manager/Underwriter

Pacific Premier Bank • Los Angeles, CA

392d • $92,108 - $140,356

About The Position

The Portfolio Manager/Underwriter - C&I is responsible for underwriting, reviewing, and monitoring an assigned portfolio of multifamily and commercial real estate term loans. The role ensures compliance with loan documents and Bank policies and procedures, focusing on credit risk management and collaboration with various departments.

Requirements

• Minimum 3 years of portfolio management experience including spreading and analyzing personal and company financial statements and other documentation relative to monitoring a portfolio of loans required.
• 3-5 years preferred relevant work experience in commercial lending function (CRE, C&I) within the banking industry required.

Responsibilities

• Responsible and accountable for credit underwriting for existing customers including renewals, modifications, and annual reviews.
• Order and/or perform property inspections and/or valuation updates on real estate collateral per Bank policy.
• Monitor credit risk by periodically evaluating financial trends, credit bureau reports, pay habits, covenant compliance and other sources of information of the borrower and guarantor(s); report any adverse situations and make appropriate recommendations.
• Collect, spread and analyze updated financial information in accordance with reporting requirements.
• Ensure loan risk grades are accurate and justified.
• Manage financial and covenant tickler system and ensure credit files are up to date.
• Collaborate with Relationship Managers, Loan Servicing & Administration, Legal, and other departments or vendors (internal or external) as appropriate in managing assigned portfolio.
• Coordinate with Borrowers on payoffs, line of credit advances, loan draws, etc.
• Perform all job functions with a sense of urgency and in a timely manner.
• Other related responsibilities and/or ad-hoc projects as assigned.

Benefits

• Discretionary bonus and/or business line incentive may be provided, in addition to a medical and other benefits.

What This Job Offers

• Job Type: Full-time
• Industry: Credit Intermediation and Related Activities
• Education Level: No Education Listed