Portfolio Manager

Telhio Credit Union • Columbus, OH

52d

About The Position

Formed in 1934, Telhio began as a credit union for Columbus Telephone Company (now AT&T) employees. Telhio now serves over 70,000 member-owners throughout central and southwest Ohio. As one of the largest credit unions in Ohio, Telhio is a strong financial institution that continues to serve its members through extraordinary service, innovative financial solutions and community involvement. After generations of service and growth, we never lose focus of our three core values - Caring, Commitment, and Integrity. Summary: The Portfolio Manager obtains and analyzes annual financial statements and current tax returns to evaluate the cash flow and viability of the business for all business loans including but not limited to commercial real estate, commercial & industrial, lines of credit, and government guaranteed loans. Limits the Credit Union's risk of losses by monitoring the quality of the commercial loan portfolio and keeping management informed of potential losses, trends and compliance problems.

Requirements

• Minimum of 1 years’ experience in Commercial Lending (Required)
• 1-3 years - Interpreting financial data (Required)
• Knowledge of SBA standard operations procedures
• Analytical thinking
• Possesses expert written, oral and interpersonal communication skills
• Spreading and analyzing financial statements
• Credit scoring, loan documentation and credit analysis

Nice To Haves

• Bachelor's degree Finance, Accounting, Business, Economics, Business/Administration, Management, Statistics. (Preferred)
• 1-3 years - Quantitative analysis or industry/equity research (Preferred)
• Less than 1 year - Identifying business implications of industry trends or credit data (Preferred)

Responsibilities

• Conducts annual review of business members' financial statements, tax returns, lines of credit greater than $50K
• Reanalyzes and updates collateral values and conducts updated cash flow analysis
• Prepares financial spreads and assesses borrower’s ability to repay by evaluating financial metrics including UCA cash flow analysis
• Conducts capitalization rate analyses and other collateral valuation methods to determine loan exposure
• Prepares written presentations on business loans for all annual reviews and problem credit monitoring reports
• Performs portfolio maintenance, order periodic real estate appraisals, monitor real estate taxes and insurance, and conduct site visits as needed
• Review existing loans and take appropriate action on loans that mature or become past due
• Completes all the watch list and action plan reports in a timely manner
• Monitors the financial statement and documentation exception report, coordinate with the lender who is responsible for clearing the exception and maintain exception percentages below the credit union’s target
• Go on calls with lenders and complete site visit reports as needed
• Conducts annual review of treasury products utilized by borrowers
• Keeps abreast of collateral audit results, with any adverse trends reflected in the underwriting and risk rating of the Borrower
• Stays up to date on all regulations applicable to job responsibilities
• Anticipates business partner needs and develops a reputation for responsiveness
• Adheres to MLB Policy and Procedures while delivering on agreed SLAs
• Communicate with appropriate channels when credits decline in rating
• Completes appropriate servicing tasks (CITs, Default Letters, Demand Letters, Payoffs) timely and accurately

Benefits

• Benefits: several medical plan options, dental, free vision, free life and free disability insurance
• Additional financial incentive programs for employees enrolled in our insurance
• 6% matching and immediately vested 401(k) plan
• 100% paid paternity leave
• 10 paid holidays and generous paid time off plan for a healthy work-life balance
• Opportunity for personal career growth, continued education and mentorship programs
• Volunteer opportunities impacting the local community

What This Job Offers

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