Portfolio Manager

BCB COMMUNITY BANK • Bayonne, NJ

3d • Onsite

About The Position

The Construction Portfolio Manager is responsible for ensuring that construction loan portfolios remain in scope, on schedule, and within budget from closing to repayment by gathering and analyzing credit information on their assigned portfolios.

Requirements

• Three to five years in commercial loan portfolio management or commercial credit analysis/underwriting as a minimum.
• Deep experience with financial analysis.
• Working knowledge of commercial lending, e.g. commercial real estate, construction and C&I products.

Nice To Haves

• College degree preferred.
• Experience with Abrigo/Sageworks and Jack Henry products a plus.

Responsibilities

• Report on the assigned portfolio, including asset quality, stress testing, industry and market analysis, asset allocation, reserves, and non-performing loan analysis.
• Review and approve construction draws, including change orders, soft costs, and lien waivers ensuring advances are warranted by verified work-in-place.
• Ensure projects are on budget and on schedule; requesting quotes/order appraisals and environmental reports as needed.
• Serve as the loan-level expert for a portfolio of complex construction, permanent, and/or C&I loans.
• Prepare credit reviews to assess asset quality, including performance against original underwriting expectations.
• Experience writing policies and procedures for collateral monitoring, workouts, and periodic loan reviews.
• Draft memos for any substantial changes in a borrower's financial stability or ownership structure.
• Maintain knowledge of market conditions.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Associate degree