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Simmons Bank · 4 months ago

Commercial Portfolio Manager II

Little Rock, AR

Full-time

Onsite

Mid, Senior Level

5+ years exp

Simmons Bank is a company committed to passion and customer focus. The Commercial Portfolio Manager II plays a crucial role in managing client relationships and supporting the growth of loan portfolios by overseeing various lending processes and ensuring compliance with bank policies.

BankingFinanceFinancial Services

Responsibilities

Supports the portfolio growth of assigned loan officer(s) by managing clients through the various stages of the lending process

Provides ongoing monitoring of assigned portfolios to ensure asset quality and customer service standards are met

Responsible for client relationships as well as on-going sales and support of clients that allows the assigned bank officers to dedicate more time to sales efforts and new business and relationship development

Significant understanding and ability to perform screening and underwriting of new, complex lending opportunities developed by the commercial banker and other commercial portfolio managers

Prepares memorandum and facilitates the underwriting of new transactions and/or renewals

Works directly with other internal departments including commercial credit analysts, appraisal services group and loan administration

Works directly with third-party attorneys for loan documentation preparation

Ensures adherence to credit policy, guidelines and regulatory requirements

Assists in the lending and sales process by accompanying the lenders on customer and prospect calls

Responsible for ongoing portfolio review of past dues, exceptions and maturing loan reports

Reports past dues to officer or makes contact to collect payment

Works with officer to collect items needed for renewal processing

Makes appropriate recommendations for these accounts

Reports deteriorating credit situations to officer

Ensures funding of construction loan disbursements in accordance with bank policy

Works closely with borrower, title companies and other third parties to ensure accurate disbursements with ongoing monitoring and record keeping

Participates in evaluating risk rating and makes revision recommendations

Ensures all departmental documents and activities are performed in compliance with applicable laws, regulations, policies and procedures as applicable to this position, including completion of required compliance training

Performs other duties and responsibilities as assigned

Qualification

Commercial lending experienceFinancial report analysisComplex report writingMS Office programsFormal Credit TrainingSalesCommunicationCritical ThinkingProblem SolvingTime ManagementPresentation SkillsLeadership

Required

Advanced experience supporting a commercial lending portfolio of $250MM or greater; comprised of a team of commercial bankers or an individual banker

Advanced experience in interpreting documents such as procedure manuals, general business correspondence and/or journals or government regulations

Ability to read, analyze and interpret financial report and/or legal documents

Advanced experience to write complex reports and business correspondence

Aptitude to respond in writing to customer complaints, regulatory agencies or members of the business community

In-depth and extensive experience in presenting information in one-on-one and small group situations, to customers, clients and other employees in the organization

Ability to effectively present information and respond to questions from groups of managers, clients, customers and the general public and/or boards of directors

BS/BA Degree in applicable field of study or 5-7 years' prior applicable experience including credit analyst, commercial lender, portfolio manager

7+ years' prior applicable experience including credit analyst, commercial lender, portfolio manager

MS Office programs