PORTFOLIO MANAGER

Highland Bank • Maple Grove, MN

2h • $80,000 - $100,000 • Onsite

About The Position

In line with established policies and procedures, the Portfolio Manager is responsible for effectively managing and servicing a portfolio of smaller to midsize Commercial Banking relationships. This role involves monitoring loan portfolios, underwriting new and renewal requests, managing problem loans, and ensuring compliance with bank regulations. The position also requires collaboration with Commercial Bankers and Associates to ensure a positive client experience and high customer satisfaction.

Requirements

• Financial statement analysis background with proven credit skills including analysis, documentation, and structure
• Possess a lending philosophy consistent with the Bank
• Credit Risk Management
• Solid oral and written communication skills
• Strong customer service and interpersonal skills
• PC skills including word processing and spreadsheets
• Maintains a high level of knowledge of bank operations, products and services, and regulatory and statutory requirements
• Leadership abilities to provide guidance to subordinates
• Ability to operate standard office equipment
• Strong attention to detail
• Must maintain a high level of knowledge of legal and regulatory banking compliance in order to properly complete the duties of position.

Responsibilities

• Monitor the assigned Commercial Banker(s) loan portfolio to ensure accurate and timely completion/review of loan covenant tests, borrowing base certificates, and complete loan file comments for relationships >$500,000 in exposure.
• Request and Review financial tickler documentation received from the customer and completion of cash flow analysis on an appropriate basis for each customer (monthly, quarterly, semi-annually or annual).
• Alert the Commercial Banker of any deterioration with the customer and assist in determining appropriate action steps if necessary, risk rating change, etc.
• Regularly monitor the Past Due Loan Report to ensure customers’ repayment is occurring as expected on the assigned loan portfolio.
• Review overdraft activity of assigned customers.
• Accurate and timely completion of Underwriting for new money requests for relationships >$500,000 in exposure.
• Work closely with the Commercial Banker and customer/prospect to meet the expected timeline for new money requests.
• Accurate and timely completion of Underwriting of renewal loan requests for relationships >$500,000 in exposure.
• Work closely with the Commercial Banker and customer to meet the expected timeline and ensure the renewal is completed prior to maturity.
• Accurate and timely completion of Underwriting of Annual Reviews for relationships >$500,000 in exposure.
• Work closely with the Commercial Banker and customer to meet the Annual Review assigned date.
• Accurate and timely completion of Problem Loan Reports.
• Ensure appropriate cash flow analysis is completed and included with the PLR and appropriate collateral review documents are completed (FAS 114, IPV’s, etc.).
• Work closely with the Commercial Banker and customer to meet the PLR deadline.
• Order applicable loan related items necessary to ensure a smooth and timely loan closing, including appraisals, credit bureau reports, background checks, flood report, title work, environmental, UCC search, and completion of IPV’s.
• Review of loan documents to ensure accuracy.
• Ensure workflow is up-to-date and accurate.
• Jointly responsible with the Commercial Banker and Commercial Banking Associate for effective client interaction and communication, to ensure a positive client experience, and high customer satisfaction.
• Partner with team CBA to obtain and review all necessary collateral verification documentation (Title work, Environmental Assessments, Appraisals, etc.) and conduct pre-close loan reviews of documentation; to minimize compliance, regulatory, and lien perfection exceptions.
• Maintain a high level of bank compliance and regulatory knowledge.
• Train and educate self in new areas of job knowledge through formal education, self-study, and reading of trade journals.
• Maintain the privacy and security control of all customer records.
• Report suspicious activity or lax security measures as appropriate.
• Perform other duties as assigned.

Benefits

• Health Insurance
• Dental Insurance
• Vision Insurance
• Life Insurance
• Dependent Life Package
• Accidental Death and Dismemberment Insurance (AD&D)
• Salary Continuation
• Long-Term Disability
• Voluntary Life Insurance for Employee, Spouse, and Child(ren)
• Voluntary Accidental Death and Dismemberment Insurance (AD&D) for Employee, Spouse, and Child(ren)
• Health Savings Account
• Flexible Spending Accounts
• 401(k) with 4% employer match
• 21 Days of PTO, accrued per pay period
• Employee Incentive Program

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level