Credit Portfolio Manager managing an assigned portfolio of Business Banking and Small Business Banking loans. Responsibilities include analyzing financial statements and collaborating with Relationship Officers for portfolio management.
Responsibilities
Manage and administer assigned BB and SBB loans identified as Strategic Asset Management (SAM) loans
Monitor and secure loan collateral
Conduct site visits and coordinate with various parties to liquidate loan collateral
Manage and monitor assigned SAM reports as applicable such as collateral impairment and watch list reports
Assist SBA Program Manager with various SBA related actions such as liquidation packages, workouts and general SBA loan processing
Review and manage the Quarter BB Score Report
Analyze business and personal financial statements and performing financial spreading of those statements
Utilize loan processing software to produce formal Loan Proposals for credit actions that will be presented for approval
Present solutions to credit structure, covenants, financial reporting requirements and other credit conditions to the Portfolio Manager
Monitor portfolio continuously by tracking loan exceptions, BBC, covenants, past dues and other portfolio management activities
Recognize and manage early warning signs for the portfolio on a recurring basis and follow established protocol for actions that need to be taken
Provide timely follow up and ensure that loan servicing actions are properly administered
Collaborate with Relationship Officers to both identify expansion opportunities and maintain credit quality for existing base of customers
Work with Relationship Officers to clear past dues, exceptions and covenants
Requirements
Bachelor's degree in Business, Accounting, Finance or related area with at least 6 hours of accounting
5+ years of experience with Business Banking loans up to $5MM
3+ years of experience underwriting Business Banking loans
Demonstrated credit decision making skills and ability
Demonstrated financial analytical skills with ability to solve complex problems by interpreting data and results
Demonstrated excellent writing skills to create credit memos
Demonstrates excellent verbal and interpersonal skills to communicate with sales force and credit managers
Demonstrated ability to work independently
Demonstrated proficiency of Excel, and Word to create tables and worksheets for credit memos
Benefits
Paid Time Off
401(k) matching program
Annual incentive pay
Paid holidays
Comprehensive company sponsored benefit plan including medical, dental, vision, and other insurance coverage
Health savings, flexible spending, and dependent care accounts
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