Portfolio Mgr II-SAMG

UMB Bank • IA-REMOTE, IA

1d • $67,869 - $99,836

About The Position

The Portfolio Manager II-SAMG is responsible for assisting Strategic Asset Management (SAM) lenders with closely monitoring collateral position and financial performance, including comparisons to budget/plans, as well as monitoring covenants.

Requirements

• 4-year business-related college degree with at least 6 hours of accounting and/or relevant experience
• 2+ Years of commercial banking experience including credit underwriting.
• Demonstrates comprehension and application of strong financial analysis skills.
• Demonstrates ability to be a self-starter and show initiative.
• Demonstrates strong level of understanding of credit underwriting.
• Demonstrates ability to interpret policies / procedures, loan contracts, and understanding of credit reports, financial statements, and loan documents.
• Demonstrates proficiency in Microsoft Word, Excel, Windows, FIS, Net Image and Capital Stream
• Demonstrates ability to work with diverse teams that encompass all levels of associates from various areas of the Bank, by phone and in person.
• Demonstrates strong written & verbal communication skills, including difficult conversations with distressed borrowers.
• Demonstrates knowledge of commercial lending transaction documentation, including legal documentation, collateral perfection, legal and regulatory requirements, and policy exceptions.

Nice To Haves

• 1+ Years of cash flow and asset-based lending experience, identification or risk and satisfactory underwriting of same.

Responsibilities

• Assist with the write-ups of credit requests.
• Keep loan documentation files updated as information is obtained.
• Assist with engaging field exams and appraisals as needed.
• Manage onboarding of new credit facilities to SAM.
• Assist with updating Loan Ranking Worksheets.
• Assist with the clearing of tickler exceptions.
• Upload documents into Capital Stream.
• Assist SAM Lenders in the creation of spreadsheets and other reports.
• Maintain strong professional relationship(s) with originating loan officers and staff associated with the credits.
• Work with other UMB groups as required & needed (i.e. Bankcard, Treasury, Capital Corp, Operations, etc.).
• Attend loan committee meetings as needed.
• Assigned to manage smaller deals with assistance from Loan Officer and / or Manager.
• Assist with the preparations of impairment analysis.
• Other duties as assigned.

Benefits

• Paid Time Off
• a 401(k) matching program
• annual incentive pay
• paid holidays
• a comprehensive company sponsored benefit plan including medical, dental, vision, and other insurance coverage
• health savings, flexible spending, and dependent care accounts
• adoption assistance
• an employee assistance program
• fitness reimbursement
• tuition reimbursement
• an associate wellbeing program
• an associate emergency fund
• various associate banking benefits

What This Job Offers

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