Portfolio Manager

Elevations Credit Union • Broomfield, CO

1d • Hybrid

About The Position

The Commercial Lending Portfolio Manager is responsible for working with multiple lenders to manage the business and commercial loan portfolio to ensure optimal performance, risk management, and alignment with strategic financial goals. This role plays a critical part in managing asset allocation, assisting with production efforts, and supporting stakeholders within the commercial lending team.

Requirements

• Ability to clearly communicate requirements with borrowers, loan administration staff, financial analysts, and commercial loan officers.
• Bachelor’s degree in Finance, Economics, Business Administration, or at least five years' experience in a commercial production or commercial specialist role in a financial institution.
• Strong understanding of loan documents, business entity structure, loan underwriting, and asset/liability management.
• Proficiency in financial modeling, risk analysis, and portfolio management software.
• Excellent communication and presentation skills.
• A personal smartphone is a requirement for employment with us.

Nice To Haves

• Working knowledge of state and federal guidelines impacting business and commercial lending.
• Familiarity with accounting principals impacting asset and liability management, interest accrual, and troubled assets.
• Experience managing borrowing bases, monitoring equipment and machinery, and accounts receivables lending.

Responsibilities

• Coordinate collection of required documents from borrowers and actively manage communication between business clients and commercial loan officers.
• Monitor maturing loans, communicate requirements to borrowers, compile financial packets, and coordinate renewing loan structures with credit analysts.
• Conduct site visits and prepare asset quality reviews, as needed.
• Prepare renewals, document exceptions, and covenant ticklers.
• Manage timely resolution of member financial reporting, and outstanding ticklers.
• Present findings and recommendations to the respective commercial lender.
• Coordinate with credit, legal, and loan operations on closings and documentation.

Benefits

• A competitive total rewards package with 4 weeks paid time off for full-time employees, work anniversary paid time off, paid volunteer time off, and 12 paid holidays
• Comprehensive medical, dental, and vision plans with employer contributions to supercharge your Health Savings Account
• Up to a 4% match on 401(k) contributions
• Up to twelve weeks of fully paid parental leave
• An extensive Employee Assistance Program that provides personalized care options for your whole household
• Ample opportunity to learn, develop and grow with access to LinkedIn Learning, career and leadership development programs, job shadowing, a mentor program, and tuition reimbursement up to $5,250/year

What This Job Offers

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