Comerica Bank · 1 month ago
Portfolio Manager - Technology and Life Sciences - Israel
New York, NY
Full-time
Onsite
Mid, Senior Level
$90K/yr - $169K/yr
1+ years expComerica Bank is a financial services company headquartered in Dallas, Texas, and is seeking a Portfolio Manager to manage customer relationships and ensure profitability. The role involves overseeing a loan portfolio, maintaining customer relationships, and coordinating with internal partners to support existing clients.
CommercialFinanceFinancial Services
Responsibilities
Retain and manage existing loan portfolio, taking ownership of all reviews and renewals for existing credit customers
Formulates an opinion of whether such relationships continue to be an acceptable risk
Decides loan terms and conditions if within own credit limits or makes recommendations to appropriate authority
Develops and maintains direct relationships with customers including a calling/contact effort with target of minimum in person contact of 2x per year
Provide oversight and guidance to credit support in underwriting for renewals and reviews. Provide qualitative input for RECAP creation
Works in conjunction with manager to prepare for and present at loan committees and credit quality reviews as applicable
Coordinate with Loan Closers to facilitate closing of renewals or amendments
Adheres to Risk Management policies and guidelines, i.e. regulatory compliance, portfolio and credit quality, and portfolio management
Assists with monitoring existing loans to ensure compliance with terms of loan agreement and recommends corrective action on variances
Basic understanding of customers under their management
Identify & resolve operational and credit issues with loans held in portfolio with general supervision
Provide oversight and guidance to credit support in underwriting for renewals and reviews with general supervision
Manage all non-loan credit and product risk products for existing clients, incl. treasury (ACH, Business deposit capture, etc.,) approvals and documentation
Management of ad hoc and regulatory reporting within existing portfolio [both internal and external requests]
Monitor, track, and assist in the collection of past due loan payments, exceptions, overdrafts, and maturing loans
Provide day-to-day servicing of portfolio including credit risk monitoring
Conducts interviews to develop information concerning the nature of the customer's business, financing or other needs
Identify and close appropriate incremental financial solutions with the goal of retention and some expansion, in coordination with the RM (cross sales)
Retain existing portfolio and associated profitability
Promotes public bank image by being involved in meaningful community and business development activities, as appropriate
Qualification
Required
Bachelor's Degree from an accredited university
Completion of a formal credit training program
18+ months (2 years preferred) of experience underwriting commercial loans
3 years of commercial underwriting, credit and/or lending experience
NMLS certification requirement: where applicable, a favorable background check screening, credit check, fingerprint check, and NMLS certification is required in accordance with the SAFE Act
Benefits
Health and welfare programs
Strong retirement benefits
Generous paid time off programs
Medical, dental, and vision benefits
401(k) and pension
Income protection benefits such as life insurance, AD&D, and supplemental health programs to offset unexpected health care expenses
Variety of time off programs for things like vacation, sick time, disability, and parental leave
Company
Comerica Bank
Comerica Bank provides financial services for personal, small business, and commercial clients.
5001-10000 employees
H1B Sponsorship
Comerica Bank has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (45)
2024 (23)
2023 (44)
2022 (51)
2021 (22)
2020 (23)
Funding
Current Stage
Late StageTotal Funding
unknown2025-10-06Acquired
Leadership Team
Andrew Raines
Senior Vice President; Retail Regional Director North Texas, Arizona, Florida
Brandon Jones
Senior Vice President, Director of External Affairs
Recent News
2026-01-21
2026-01-20
Company data provided by crunchbase