Senior Portfolio Manager

Bisnow • Shoreline, WA

2d • $110,000 - $120,000

About The Position

The Senior Portfolio Manager is a key member of the banking team and is responsible for managing an assigned portfolio's underwriting quality, portfolio administration, and credit quality. This role involves ensuring the portfolio's health and compliance with regulatory standards and identifying and executing opportunities to enhance customer relationships by offering tailored financial products and services.

Requirements

• Bachelor’s degree in Business, Finance or related field or equivalent experience
• Minimum of 10 years of experience working in a Banking environment with emphasis on credit underwriting.
• Formal credit training is required.
• Ability to analyze financial and project statement, corporate and personal tax returns.
• Understanding of basic loan structure processes and regulations associated with lending
• Strong understanding of loan documentation criteria
• Excellent interpersonal and customer relations skills, verbal and written
• Proficiency with Microsoft Office Suite (Word, Excel, Powerpoint)
• Excellent interpersonal, customer relations and sales skills
• Ability to work well independently and in a fast-paced environment
• Travel within the local market may be necessary

Responsibilities

• Underwriting and Credit Analysis:
• Perform in-depth credit analysis and risk assessment for new loan requests and portfolio reviews.
• Structure credit solutions that align with customer needs and the bank's risk appetite.
• Ensure adherence to the bank’s credit policies, underwriting standards, and regulatory requirements.
• Able to underwrite and obtain credit approval between 2-4 commercial loans each month.
• Portfolio Management:
• Oversee the performance of the assigned portfolio, including compliance with credit agreements and covenants.
• Monitor financial performance, market trends, and repayment behaviors of portfolio clients.
• Maintain detailed and accurate records of portfolio activities, communications, and risk assessments.
• Credit Quality Assurance:
• Identify, evaluate, and mitigate potential risks within the portfolio.
• Proactively manage relationships with clients showing signs of financial stress, developing mutually beneficial solutions.
• Manage non-performing assets (NPAs) by implementing effective remediation strategies.
• Customer Relationship Development:
• Build strong relationships with portfolio clients to understand their financial needs and goals.
• Identify opportunities to provide value-added products and services, such as treasury solutions, trade finance, and cash management.
• Collaborate with Relationship Managers and Product Specialists to deliver comprehensive financial solutions that drive client satisfaction and loyalty.
• Cross-functional Collaboration:
• Serve as a liaison between customers, Relationship Managers, and internal credit committees to ensure seamless communication and service delivery.
• Support business development efforts by identifying and cultivating opportunities within the portfolio.
• Mentor and provide guidance to junior team members on portfolio management best practices.
• Strategic Insights and Reporting:
• Analyze portfolio trends and provide actionable insights to leadership.
• Offer recommendations for portfolio growth, diversification, and risk mitigation.
• Stay informed on market developments and industry trends to anticipate client needs and risks.

Benefits

• Base compensation range for this role is $110,000-$120,000 per year, with biannual bonus structure
• Medical insurance with 100% covered premium paid for employees
• Dental Insurance
• Vision Insurance
• 401k with company match
• Continued Education support and culture invested in professional development
• Paid time off

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 51-100 employees