Portfolio Specialist

Farmers and Merchants Bank of Long Beach•Lakewood, CA

11h•Onsite

About The Position

The Portfolio Specialist works closely with the Senior Portfolio Manager, Relationship Managers, and Regional Relationship Managers to support the evaluation of financial information and credit needs of prospective and existing borrowers. This role focuses on developing foundational credit skills, including learning how to gather and analyze credit information, conduct preliminary company, financial, and industry analysis, and perform basic due diligence to assess the risk and return characteristics of financing transactions. Under the guidance of the Senior Portfolio Manager, the Portfolio Specialist develops a basic understanding of credit documentation and assists in the preparation of credit memorandums and relationship-based review memorandums. The Portfolio Specialist regularly participates with Relationship Managers, Portfolio Bankers, and Regional Relationship Managers in interactions with clients, Credit Administration, and Senior Management, and supports the preparation of recommendations related to credit extensions. Secondary responsibilities include loan boarding, tracking required financial reporting, monitoring financial covenant compliance, analyzing borrower financial trends, and assisting with monitoring collateral values.

Requirements

Regulation CC
Bank Secrecy Act
Regulation DD
Teller Operations
Regulation BB (CRA)
New Accounts Procedures
Regulation B (ECOA)
Saving Bond Procedures
Regulation X (RESPA)
Special Collection Procedures
Regulation Z (Truth about Lending)
Safe Deposit Box Procedures
Fair Credit Reporting Act
General Branch Operations
UCC
Loan Products
FDIC Insurance
SBA 504 Requirements
Privacy Laws
Loan Documentation
Regulation E (EFT)
Effective time-management and organizational skills
Clear proficiency in spoken and written English
Working knowledge of Microsoft Office applications, including Excel, Word, and Outlook
Basic mathematical skills
Foundational understanding of business and personal financial statements and tax returns
Strong customer service orientation with a professional demeanor
Accurate typing and strong clerical/administrative skills
Effective verbal and written communication skills
Developing critical thinking, judgment, and problem-solving abilities
Ability to actively listen, learn, and apply feedback.
Ability to communicate clearly and professionally with supervisors, colleagues, and clients.
Ability to remain professional and respectful when dealing with difficult or challenging individuals.
Operates standard electronic computers and customary office equipment required to perform essential job functions.
Use of equipment is required, with or without reasonable accommodation, in accordance with the Americans with Disabilities Act (ADA) and the California Fair Employment and Housing Act (FEHA).
Ability to perform repetitive movements associated with office and computer-based work.
Ability to sit and or stand for extended periods of time to perform essential job functions.
Ability to lift, carry, or move objects weighing up to 25 pounds, with or without reasonable accommodation.
Ability to use hands and fingers to manage, manipulate, or feel objects and operate standard office equipment.
Work is primarily performed in an office environment with a controlled temperature and standard office conditions.

Nice To Haves

Bachelor’s degree in Business, Accounting, Finance, or a related field, or equivalent work experience, preferred.
Prior banking experience or experience in a related field with a strong emphasis on customer service and sales, preferred.

Responsibilities

Learn to understand and analyze credit data, financial statements, and related information to assess borrower creditworthiness.
Learn to spread and analyze borrower and guarantor financial statements and federal tax returns using CASH Insight
Assist in analyzing key financial metrics, including revenue growth, profitability, cash flow, management quality, and industry position.
Learn to compare liquidity, profitability, and credit histories of businesses under evaluation.
Prepare and present credit memorandums for review by the Senior Portfolio Manager, Relationship Manager, or Regional Relationship Manager to support new, renewal, and extension loan decisions.
Learn to monitor credit risk by periodically reviewing financial trends, credit bureau reports, repayment performance, and other borrower and guarantor information.
Support compliance with bank policy and regulatory requirements by maintaining and updating loan files, tracking required financial reporting, and monitoring adherence to financial covenants.