Portfolio Manager - Executive Banking

Bridgewater Bank•Shorewood, MN

5d•$94,500 - $114,350•Hybrid

About The Position

We are seeking a driven and customer-focused Portfolio Manager to join our Lending team. Reporting to the Portfolio Manager Team Lead, the Portfolio Manager partners with banking teams to manage, maintain, and further develop loan and deposit relationships of clients while balancing appropriate risk and reward to the bank. With a specialized focus on Executive Banking, this Portfolio Manager will serve as a trusted advisor to a select group of clients, delivering a high level of personalized service, responsiveness, and attention to detail while supporting clients' complex banking needs.

Requirements

Bachelor’s degree in finance, economics, business or related field
3+ years related banking experience
Superior analytical/reasoning skills
Proficiency in Microsoft Word, Excel, PowerPoint and Outlook
Excellent written, verbal, and interpersonal communication skills
Ability to think critically, solve problems, make decisions and build trust across the organization

Responsibilities

Assist Bankers with the loan origination process: Attend client meetings and property visits for prospective clients, Complete initial underwriting for Banker review, Prepare pre-flight presentations for approval, Draft loan proposals for client review, Collect financial statements and documentation needed for underwriting, Request credit presentations from the Analyst Group, Act as the primary contact for questions during underwriting, Ensure loan structure and reporting requirements adhere to the Bank’s Credit Policy, Review final presentations prior to submission for approval, Ensure any change-memos needed prior to closing are completed
Assist Bankers in the ongoing management of the team’s loan portfolio: Respond to client inquiries and keep bankers apprised of client activity, Attend client meetings and complete site inspections, Collect financial information for loan renewals, covenant testing and annual reviews, Complete covenant waiver proposals for Loan Committee, Prepare repricing comments for Loan Committee, Assist bankers with monitoring of past due loans and real estate taxes
Work with bank management on special projects related to monitoring and managing of portfolio risk
Attend networking functions and various industry events
Develop an expertise in the loan closing process to include knowledge of all proper loan documentation and borrower entity documents as well as due diligence items such as title insurance, appraisals, environmental reports, and other items necessary to properly fund a loan
Gain the understanding of how to structure, negotiate, and price new loans and renewals to maximize bank profitability
Obtain knowledge of various loan and deposit programs and bank products
Maintain knowledge of all supporting software, compliance, policies and procedures as they relate to the loan department
Adheres to the bank’s policies, procedures, security requirements and government regulations including (but not limited to) BSA