Portfolio Specialist (Commercial Portfolio Manager)
About The Position
The Portfolio Specialist monitors the credit quality of MSGCU’s commercial loan portfolio through financial reviews, delinquency tracking, policy compliance, site visits, loan renewal support, and risk reporting. The role evaluates portfolio trends—including risk-rating migration, collateral concentrations, and loan mix—to provide strategic insight and strengthen portfolio management. The specialist collects and reviews borrower financial statements and supporting documents for annual credit assessments, verifies cash flow against loan terms, follows up with members to obtain missing information, and identifies concerns that could affect risk ratings. Complete review packages are submitted to Michigan Business Connection (MBC) to support sound credit decisions, transparency, and alignment. The role also monitors delinquency reports, contacts members regarding overdue payments, follows up on repayment issues, and alerts stakeholders to policy or documentation concerns. The position coordinates loan renewal reviews, assesses updated member information and creditworthiness, and provides recommendations for approval or modification. It analyzes portfolio performance and emerging risks, conducts annual site visits to verify property conditions, and documents findings for MBC and risk classification. The specialist also compiles portfolio information for decision makers and supports audit preparation by providing documentation and responding to information 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 and is eligible for on-the-job mileage reimbursement.
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.
- Provide own transportation for required travel throughout MSGCU’s service area; eligible for on-the-job mileage reimbursement.
- The work involves sitting most of the time, with brief periods of walking or standing, and may occasionally require lifting or moving up to 20 pounds.
Nice To Haves
- Bachelor’s degree in Business, Finance, Economics, or a related field preferred.
- Experience within a financial institution preferred.
Responsibilities
- Monitor commercial loan portfolio credit quality through regular financial reviews, delinquency tracking, and adherence to policies.
- Collect and review borrower financial statements and supporting documents for annual credit assessments; follow up with members for missing documentation.
- Assess whether borrower cash flow remains sufficient under loan terms and identify financial trends or concerns that could affect risk ratings.
- Submit complete annual review packages to Michigan Business Connection (MBC).
- Monitor monthly delinquency reports, contact members to address delinquent payments, and follow up to support repayment and protect portfolio performance.
- Review accounts for policy compliance and notify stakeholders when action is required; help ensure account terms and documentation are accurate and complete.
- Coordinate loan renewal reviews, assess updated member information and creditworthiness, and recommend approval or modification.
- Analyze portfolio trends, including risk-rating migration, collateral concentration, and participation versus originated loan performance, to identify emerging risks and inform strategy.
- Conduct annual site visits to verify property conditions, document findings, and submit results to MBC for timely and accurate risk classification.
- Compile member activity, financial review, and site-visit information to provide decision makers with a comprehensive view of the business lending portfolio.
- Support audit preparation by providing relevant documentation and responding to portfolio oversight information requests.
- Travel throughout MSGCU’s service area a majority of the time.
Benefits
- Competitive salary, beginning at $74,400 annually.
- Medical, dental, and vision coverage beginning on the first day.
- Choice of an HSA-eligible medical plan with no monthly premium for the employee and family.
- MSGCU contributes 3% to the 401(k) for team members at least 21 years old 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.
- Retirement plan contributions.
- Discounts on loans and phone service.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
Education Level
No Education Listed
