VP, Sr. Portfolio Manager

Berkshire Bank•Worcester, MA

1d•Onsite

About The Position

Provides relationship management support to Commercial Banker(s) (CB) in generating, monitoring and servicing of new and existing portfolio of complex loans and borrowing relationships within C&I. Continuously evaluates operational and financial performance to maintain portfolio quality and risk rating accuracy. Interacts with prospects and customers as well as bank employees to address credit and deposit service-related matters in a satisfactory manner. Assists Lending Officers in all aspects of servicing and/or managing customers/prospects.

Requirements

Credit Trained or years of equivalent level of experience.
Ability to assess financial performance and risk including identifying ways to mitigate risk to the bank.
Solid working relationship with Credit Partners to ensure ongoing credit quality of portfolio and interfacing with credit for Annual Reviews under the direct of the CB.
Preparation of Opportunity Review Memos with minimal guidance from the CB.
Underwriting as necessary.
Strong working knowledge of Loan policy and proven ability to adhere to sound risk management/pricing practices as well as to all internal and external credit/regulatory requirements.
May have specialized industry/market knowledge consistent with portfolio (ABL/CRE/C&I).
Provides excellent customer service.
Ability to resolve customer problems independently and interfaces with the appropriate internal banking departments.
Assists CB in call preparation.
Accompanies CB on calls as appropriate as well as going on calls independently to smaller customers.
Assists CB in loan structuring and term sheet preparation including ability to independently draft term sheets for less complicated deals for review and provide structural suggestions to CB.
Completes Profitability Model.
Ability to review most loan documentation with minimal guidance from CB.
Assists CB with Loan Closings and post-closing follow up with the ability to conduct Loan Closings on less complicated deals independently.
Demonstrated solid working relationships with internal partners including Credit, Documentation & Loan Specialists, Risk Management, Cash Management, Private Banking, Wealth Management, Retail, Insurance and Home Lending.
Interacts with partners with minimal supervision of the CB.
Solid knowledge of Commercial Credit Products and Services.
Developing well-rounded knowledge of products sold by internal partners including Cash Management, Private Banking, Wealth Management, Retail and Home Lending.
Ability to identify various cross sell opportunities and make solid product recommendations to meet customer needs.
Actively working to expand and develop Centers of Influence and presence in the Community.
Assists with all special projects including Loan Review/Regulator Audit preparation, ongoing due diligence, industry research and portfolio scrubs as needed.
Conducts Archer Testing as appropriate.
Any specific Syndication and Middle Market projects such as development of White Papers, Business Line planning, and general new business opportunities.
Ensures compliance with all banking laws, rules, regulations, and prescribed policies/practices/procedures necessary to reduce risk and uphold ethical standards related to and required by one’s duties.
BS Degree in Business, Economics or Finance
Equivalent financial experience
Minimum of 10 years of Commercial Credit/Banking and/or related experience
Solid written and verbal communications skills
Ability to present identified issues and recommended solutions to RM/Senior Management/ORC/ELC as appropriate.
Ability to multi-task and meet timeframes as directed by the RM/Senior Management
Strong computer skills
Ability to work as a member of team.
Act as mentor to less senior PMs