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South Shore Bank · 2 months ago

Commercial Lending Portfolio Manager II

Granite, CO

Full-time

Onsite

Mid, Senior Level

$92K/yr - $128K/yr

5+ years exp

South Shore Bank is seeking an experienced Commercial Lending Portfolio Manager II who will provide client management support for an assigned portfolio of loans in the Commercial Lending Department. The role involves working closely with Relationship Managers and Loan Officers to service clients, ensure compliance with loan covenants, and promote the growth of the department.

Financial ServicesVenture Capital

Responsibilities

Works closely with a team of Relationship Managers/Loan Officers to support commercial clients

In conjunction with the Relationship Managers, the PM will be responsible for the collection and review of financial information, ensuring compliance with loan covenants and conditions, monitoring for timely client loan payments and preparation of comments to the loan file as appropriate

Responsible for maintaining and updating loan operating system to ensure all financial covenants are tracked appropriately; utilize loan operating system to generate covenant tracking reports

Assists with the underwriting of credit recommendations related to renewals and modifications of existing loans and new loan requests

Analysis will include in-depth review of business, project and individual financial statements, tax returns and other relevant credit information including collateral analysis

Interacts with clients independently to address non-routine servicing matters or other risk related issues

May present requests to management and the Loan Approval Committee

May be assigned a small portfolio of relationships to manage and grow individually

Accompany Relationship Managers/Loan Officers to client meetings

Corresponds with vendors (attorneys, environmental experts, engineers, accountants) as needed

Assists with requests to advance funds from lines of credit and construction loans by conducting or assisting with property inspections, reviewing borrowing base certificates or other financial information, etc

Assures that files are maintained, complete and accurate; all financials should be uploaded into the loan operating system appropriately

Role requires strong technical competency to learn new loan operating systems and the desire to build out and enhance the effectiveness of the systems in place

Meets all compliance and regulatory requirements for loan files (ie. Regulation B, Flood, etc.)

Works in collaboration with the Credit and Loan Servicing Departments as well as all areas of the Bank

Identifies opportunities to cross-sell additional bank products and services

Participates and assists in other applicable commercial lending department activities

Develops solid knowledge of market for marketing and portfolio management purposes

Participates in community affairs to increase the bank's visibility

Ensures compliance, within area of responsibility, including Federal, State and local laws

Qualification

Commercial lending experienceCredit trainingFinancial analysisMicrosoft OfficeBanking systems proficiencyMathematical skillsCommunication skillsProblem-solving ability

Required

Bachelor's degree (B.A) or equivalent

Five+ years of experience including formal credit training and/or commercial lending

Ability to read, analyze, and interpret financial reports, legal documents and common scientific and technical journals

Strong computer skills including Microsoft Office applications

Strong communication skills, both oral and written

Ability to respond to common inquiries or complaints from clients, regulatory agencies, or members of the business community

Ability to effectively present information to top management, public groups, and/or boards of directors

Ability to work with mathematical concepts such as probability and statistical inference, and fundamentals of plane and solid geometry and trigonometry

Ability to apply concepts such as fractions, percentages, ratios, and proportions to practical situations

Ability to define problems, collect data, establish facts, and draw valid conclusions

Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables