Portfolio Manager

Piermont Bank•New York, NY

18d•$115,000 - $140,000

About The Position

The Portfolio Manager is responsible for monitoring and assessing the credit risk of the banks commercial loan portfolio. This individual will focus on detailed financial statement analysis, industry assessment, collateral valuation, and cash flow analysis.

Requirements

Minimum of a bachelor’s degree in finance, accounting, and at least 4 years of increasingly diverse and complex applications in underwriting or loan portfolio management.
Credit training formal and/or on the job training is required.
Experience in a commercial banking and commercial real estate environment is required.
Demonstrated experience in credit risk and regulatory reporting.
Established credit, industrial and risk acumen.
Understand and interpret complex business and credit risk requirements.
Working across all levels of the organization to understand cross-functional linkages and interdependencies, as well as the implications of risk and regulations at the business level.
Strong communications skills, including the capacity to articulate the case for sound credit practices
Competent skill set with use of Microsoft Office applications
Use of the Salesforce platform

Responsibilities

Management of the Bank's loan portfolio for existing relationships, and routine, proactive oversight of the loan portfolio to identify potential weaknesses that could adversely impact asset quality.
Manage loan renewals, line increases to existing relationships.
Performs annual reviews of existing loan relationships.
Prepare portfolio reports for credit supervision, risk committees and the Board.
Assists in the preparation of Credit Administration reports, annual independent loan audit, and regulatory examinations.