Portfolio Specialist (Commercial Portfolio Manager)

Msgcu • Troy, MI

2d • Onsite

About The Position

Michigan Schools & Government Credit Union (MSGCU) is seeking a Portfolio Specialist to monitor the credit quality of its commercial loan portfolio through financial reviews, delinquency tracking, and policy compliance. The role conducts site visits, supports loan renewals, and prepares risk reporting for leadership. It analyzes portfolio trends—including risk migration, collateral concentrations, and loan mix—to provide insight that strengthens portfolio management.

The position gathers and reviews borrower financial statements and supporting documents for annual credit assessments, verifies that cash flow remains sufficient under loan terms, and submits complete review packages to Michigan Business Connection (MBC). It contacts members about missing documentation and potential concerns, monitors delinquent accounts, and follows up to support repayment and limit loss exposure. The Portfolio Specialist also coordinates renewal reviews, recommends approval or modification, conducts annual site visits, documents findings, and supports audits by providing relevant records and responding to requests.

The position is based in office and branch environments and requires travel throughout MSGCU’s service area a majority of the time. The team member must provide their own transportation; on-the-job mileage reimbursement is available. The role involves sitting most of the time, with brief periods of walking or standing and occasional lifting or moving of up to 20 pounds. The work environment may include exposure to potentially hazardous conditions such as robbery, with annual security instructions and procedures provided.

Requirements

• At least 5 years of experience in commercial lending, credit analysis, or portfolio management.
• Demonstrated knowledge of financial statements, cash flow analysis, and loan structuring.
• Ability to travel throughout MSGCU’s service area a majority of the time.
• Provide own transportation for work-related travel.

Nice To Haves

• Bachelor’s degree in Business, Finance, Economics, or a related field preferred.
• Experience within a financial institution preferred.

Responsibilities

• Collect and review borrower financial statements and supporting documents for annual credit assessments.
• Verify borrower cash flow under loan terms and identify changing financial trends or potential concerns.
• Submit complete and accurate review packages to Michigan Business Connection (MBC).
• Contact members to obtain missing documentation and address delinquent payments, with appropriate follow-up.
• Monitor monthly delinquency reports and identify accounts requiring attention.
• Review accounts for compliance with organizational policies and notify stakeholders when action is required.
• Coordinate loan renewal reviews, assess updated member information and creditworthiness, and provide recommendations for approval or modification.
• Analyze portfolio trends, including risk-rating migration, collateral concentrations, and participation versus originated loan performance.
• Conduct annual site visits to verify property conditions, document findings, and submit results to MBC.
• Compile member performance data, financial review results, and site-visit findings to support portfolio oversight and decision-making.
• Support audit preparation by providing relevant documentation and responding to information requests.
• Prepare risk reporting for leadership review.

Benefits

• Competitive salary, with base salary beginning at $74,400 annually.
• Medical, dental, and vision coverage beginning on the first day.
• A choice of an HSA-eligible medical plan with no monthly premium for the team member and family.
• MSGCU contributes 3% to the 401(k) for eligible team members age 21 or older and matches 100% of the next 7% contributed by the team member.
• 12 paid holidays.
• Up to 120 hours of PTO during the first year of service, prorated based on start date.
• Discounts on loans and phone service.
• On-the-job mileage reimbursement for required travel.

What This Job Offers

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