Portfolio Manager

Liberty Bank•New Haven, CT

15d

About The Position

At Liberty, we strive to maximize our impact and exceed goals by investing in our teammates to deepen our relationships in the workplace and communities we serve. We take pride in promoting a socially responsible and sustainable future through initiatives and investment. SUMMARY OF THE JOB: The Portfolio Manager is responsible for managing assigned relationships in the portfolio in order to minimize risk, validate appropriateness of risk ratings, maximize cross selling opportunities into our existing customer base both on a direct basis and via referrals to Relationship Managers and other areas of the bank such as Cash Management, and to assure timely administration of issues such as maturing lines of credit, receipt of financial statements, and loan documentation follow up.

Requirements

Bachelors Degree in Business Administration or Finance preferred or equivalent work experience
5+ years of analytical/underwriting experience.
Thorough knowledge of existing loan policies, all aspects of financial statement analysis, and industry best practices in risk assessment and management.
Excellent written and oral communication skills and a high level of proficiency in Word and Excel.

Responsibilities

Ongoing portfolio management responsibilities in the portfolio:
Reviews, documents, and recommends actions for various borrower requests from existing customers.
Provides assistance to the Relationship Managers by acting as a key contact for existing customers in order to ensure the highest levels of customer service possible
Performs research and thoroughly investigates all available sources of credit information to ensure accuracy and completeness of credit approval vehicles and credit file documentation.
Independently perform extensive narrative analyses of financial information.
Serves as a liaison between the Relationship Managers and the loan servicers on operational/documentation issues.
Provides assistance to the Relationship Managers in the underwriting and structuring of loan transactions.
Performs annual reviews and/or special projects for the CRE portfolio.
Utilizes prudent, independent judgment, gained through work experience and formal training, to make prudent assessments of risk in both proposed transactions and in the existing portfolio.
Provides guidance to less seasoned Credit Analysts and Loan Servicers to ensure proper presentation of financial data and management of collateral and documentation related issues.