Portfolio Manager

Towne Family of Companies•Raleigh, NC

27d•Onsite

About The Position

The Portfolio Manager is responsible for the collection and analysis of financial data to determine the creditworthiness of credit requests. This includes reviewing financial statements, tax returns, cash flow projections, risk ratings, and personal financial statements. The role also involves ongoing credit monitoring, completing credit reviews, managing loan maturities, analyzing borrowing base certificates, identifying trends in credit quality, and ensuring compliance with loan covenants. Additionally, the Portfolio Manager coordinates collateral inspections, on-site visits, reviews, and appraisals. They assist in preparing loan packages, ensuring accuracy and completeness, and overseeing timely loan closing and funding. The position also involves servicing customers by promoting the Bank and identifying opportunities to offer additional banking products and services, often in joint calls with assigned Bankers. Other duties include adhering to AML/BSA regulations, performing functions of other department positions as needed, demonstrating respect for co-workers, working collaboratively, adhering to bank policies, understanding governing regulations, and representing the bank at community functions.

Requirements

Bachelor’s degree with a focus in Finance
3 years related experience, or equivalent combination of education and experience
Strong analytical and financial analysis skills
Thorough understanding of Finance and Accounting principles
Demonstrated problem-solving skills
Excellent verbal, written, and interpersonal skills
Proven effectiveness in fast-paced, demanding, client-driven environment
Ability to work across all ranks of our organization to drive consensus, with a primary focus on doing the right thing for the customer
Excellent communication and writing skills; ability to communicate effectively with all levels of management within the organization
Strong analytical and reporting skills, including ability to pull together views for leadership reviews

Nice To Haves

Strategic thinking expertise
Ability to plan and execute tactical actions to implement strategic objectives

Responsibilities

Collection and analysis of financial data to determine creditworthiness of credit requests.
Reviewing and spreading financial statements, tax returns, cash flow and projection analysis, risk rating, and analysis of personal financial statements.
Ongoing credit monitoring, including completing credit reviews, reviewing loan maturities, borrowing base certificates, trend identification in credit quality/risk rating, and compliance with loan covenants.
Coordinating collateral inspections, on-site visits, reviews, and appraisals.
Assisting with the preparation of loan packages and ensuring accuracy, completeness, and thoroughness.
Ensuring timely loan closing and funding activities.
Reviewing loan documents and reports to ensure integrity of data input into the bank’s core system.
Servicing customers and potential customers by promoting the Bank and identifying banking products and services to meet customer needs.
Joint calls with customers and potential customers with assigned Bankers to promote the Bank and solicit additional banking relationships.
Performing the functions of other positions in the department when the need arises.
Demonstrating respect for co-workers and contributing to a positive work environment.
Working collaboratively with the team.
Adhering to established bank policies and procedures.
Demonstrating understanding of, and compliance with, governing regulations and laws.
Representing the bank at community functions as needed.
Obeys all applicable federal laws, rules, and regulations relating to Anti-Money Laundering (AML) including the Bank Secrecy Act (BSA).