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Western State Bank · 1 day ago

Commercial Banking Portfolio Officer

West Fargo, ND

Full-time

Onsite

Mid Level

3+ years exp

Western State Bank is committed to providing high standards of service and fostering a collaborative work environment. They are seeking a Commercial Banking Portfolio Officer who will be trained in various aspects of business and commercial banking, including credit analysis, portfolio management, and business development. This role involves assessing credit applications, managing portfolios, and developing customer relationships to support the bank's growth.

Banking

No H1B

Responsibilities

Assess credit applications and loan files to assess the risk in accordance with the organization’s mission, core values and team guidelines. Such commercial credit assessment requires proper risk administration including, but not limited to, recognizing key risks via credit analysis, ensuring a pertinent level of question/answer discovery with BBO/CBO via borrowers, and coordinating with loan production on prudent loan structuring, credit enhancements and move forward/denial determinations

Ongoing portfolio and risk management with specific duties including review and analysis of ongoing financial reporting from a performance and credit risk perspective, analysis of trend cards/stress test analysis, ensuring accuracy and timeliness of financial reporting, covenant testing, borrowing base/margin account monitoring and meeting with borrowers on a periodic basis to discuss operations, trends, issues in collaboration with the respective BBO

Prepare commercial and ag loan presentations in accordance with loan policy for approval by individual parties or various committees

Identify current and possible future credit risks that may cause Western State Bank to exceed credit risk or loss tolerances

Provides expertise in various lending issues and applications including expertise in numerous specialized areas of lending

Continually provides strategic guidance, thoughts and ideas to bank management to grow and improve the overall financial health of the bank

Executes loan policy and ensures that deviations from policy are properly reported and mitigated

Consults with the Chief Credit Officer, Credit Department Manager and their Supervisor on complex or unusual loan relationships, as needed

Ongoing tracking and review of interim financial information provided by the customer in coordination with the assigned lender and portfolio manager

Manage special projects as needed. These projects will vary based on workload, organizational priority and opportunities presented

Works harmoniously and collaboratively with team members to accomplish Bank objectives

Assist BBO to maintain commercial loan files, inter-departmental reporting needs, databases and interaction with Business Banking Assistants in conjunction with respective BBO’s to ensure timely clearing of collateral and financial monitoring ticklers. Ensure thorough documentation, follow-up and support for existing relationships and portfolio

Administrative monitoring and BBO data gathering assistance related to timely workflow prioritization for upcoming maturities, annual reviews and new credit requests

Provide ongoing risk rating assessment to ensure all loans are properly risk rated and ensure that any necessary upgrades or downgrades are completed timely

Provide assistance to the respective BBO in the areas of credit risk ascertainment (front-end and existing relationships), prudent loan structuring, and adherence to bank policies, operating procedures and credit culture. Act as a liaison to Credit to ensure that all data and relevant facts/circumstances are gathered to promulgate an efficient, timely and well-informed decision making and analytical product

Responds to commercial customer inquiries related to existing accounts, routine customer needs

Develop sales calling plan with Supervisor or mentor. Develop calling plan for both existing clients and new client prospects. In conjunction with your supervisor, develop a calling plan that aligns with WSB’s credit appetite and discipline, product offering and desire for full relationships

Develop a comprehensive understanding of all WSB products to ensure sales calls are effective. Sound understanding of WSB’s product offering will allow for confident delivery of products through the business development process

Partner with other BBO’s, TMO’s, Market President, or Regional President on outbound sales calls and activities

Strategically attend networking events to identify potential clients, centers of influence and referral sources to grow your portfolio

Serve as dedicated back-up customer contact to BBO when they are unavailable or on PTO

Review of existing portfolios to identify growth and/or expansion opportunities

Maintain ongoing credit and file administration. Work with internal credit, loan processing, and internal databases to ensure timely collection of items, ticklers, and maintenance of current customers is taking place

Identify deposit opportunities and collaborate in cross-sell opportunities between other internal teams and services

Strictly adhere to and follow the credit process and ensure collaborative interactions with the support teams such as credit, Business Banking Assistant (BBA), loan and deposit operations, Treasury Management Officers (TMO) and Compliance