Portfolio Manager

SOUTH ATLANTIC BANK•Myrtle Beach, SC

9d•Onsite

About The Position

Working independently and cooperatively under the guidance of lead staff, the Portfolio Manager provides credit and sales support to commercial relationship managers. The Portfolio Manager is responsible for a wide range of duties including, but not limited to managing all aspects of the assigned loan portfolio, conducting industry and financial analysis to determine credit risk, underwriting commercial loans, gathering financial information, writing reports and completing financial spreads.

Requirements

Bachelor’s degree with course work in finance and accounting preferred
3–5 years of work experience related to various aspects of commercial lending and administration including credit and financial analysis and underwriting
Proficient knowledge of credit policy, banking regulations, accounting principles and loan documentation issues as well as sound financial, analytical and underwriting skills of both C&I and CRE loans
Extensive knowledge of various loan structures and have the ability to apply this knowledge in the formulation of sound credit recommendations
Must have excellent interpersonal and communication skills along with a team orientation
Ability to verbally communicate effectively one-to-one and in groups
Must be able to write clearly and effectively with an attention to detail
Must be able to develop and maintain cohesive and cooperative working relationship with co-workers, CRMs and management, exercising judgment, initiative and tact as necessary
Must have good personal organization and time management skills
Must understand and work effectively within the credit culture of the company
Must be self-motivated, allocate time effectively, independently prioritize work load to meet timelines and make sound judgments
Must be able to work with in-house financial reporting applications, including Credit Risk Management and Toolbar and Credit Leader
Proficiency in the use and operation of various systems, software and resource materials including Microsoft Outlook, Word and Excel
Participate in all required compliance training, including Bank Secrecy Act/anti-money laundering training, as well as internal and external training programs, online training, meetings, and seminars/conferences, etc.

Responsibilities

Works with Commercial Relationship Managers (CRMs) to manage all aspects of the loan portfolio including new loan requests, renewals, modifications, annual reviews, past dues, maturing loans, risk rating assessments, borrowing base monitoring, covenant compliance, loan approval reports, collateral exceptions, and other portfolio management activities
Actively participates and assists in all aspects of the loan process including joint calling, underwriting and preparation of credit approval packages
Prepares loan approval reports, credit memos, financial spreads, and related documents
Serves as secondary contact on client relationships
Identifies cross-sell opportunities with new and existing clients
Prepares commitment letters and reviews loan documents
Assesses, spreads, analyzes, and interprets complex business and personal financial statements and tax returns of current and prospective borrowers
Analyzes relationships, clients, and prospects globally, not just on individual requests
Identifies strengths and weaknesses of individual requests and makes recommendations to address and mitigate perceived risks
Prepares and presents credit analysis packages through the credit approval chain with limited supervision
Performs research on industries and other companies as needed
Responsible for compliance within area of responsibility
Completes other duties as assigned