Unity Bank ยท 4 months ago
Commercial Portfolio Manager II
Clinton, NJ
Full-time
Onsite
Mid, Senior Level
$83K/yr - $108K/yr
5+ years expUnity Bank is seeking a Commercial Portfolio Manager II to help manage their Commercial & SBA loan portfolio. The role involves conducting loan reviews, ensuring compliance with covenants, and collaborating with the credit team to resolve customer issues.
BankingFinancial Services
Responsibilities
Conduct regular loan monitoring reviews
Prepare Credit Reviews to assess asset quality, including performance against original underwriting expectations
Evaluate borrower/sponsor financial statements, rent rolls, project status reports, and overall credit condition
Coordinate site visits and prepare site visit reports in accordance with Credit policies and procedures
Assist the Portfolio Management Team with reporting on the overall portfolio, including asset quality, stress testing, industry and market analysis, asset allocation, reserves, and non-performing loan analysis
Maintain accurate loan risk ratings by analyzing loan performance and preparing annual reviews
Ensure compliance with the Bank's Credit Policy and regulatory standards
Serve as the loan-level expert for a portfolio of complex construction, permanent, and/or C&I loans
Maintain a high degree of professionalism in post-closing relationships with borrowers to encourage repeat business
Complete site visits, covenants, and annual reviews in a timely manner
Maintain reporting information on relevant tracking systems for accurate reporting
Participate in meetings, trainings, and special projects as assigned by management
Work on miscellaneous projects related to credit functions or across the bank as needed
Assist loan officers with Abrigo tickler maintenance, covenant tracking and financial statement retention
Follow up with loan officers to obtain updated financial information including business and personal tax returns and personal financial statements
Assist borrowers and loan officers in modifying loans as needed for payment modifications, loan restructuring, collateral release, etc
Draft memos for any substantial changes in a borrower's financial stability or ownership structure
Keep informed of industry changes, trends, and best practices
Qualification
Required
Strong analytical skills and attention to detail
Excellent communication and interpersonal skills
Ability to manage multiple tasks and meet deadlines
Proficiency in financial reporting and risk management
In-depth understanding of credit analysis, due diligence, and loan documentation
Knowledge of bank structures, products, procedures, and the economic environment
Understanding of regulatory standards and compliance requirements
Bachelor's degree in Finance, Business Administration, or related field
Minimum of 5-8 years of experience in portfolio management, preferably within a community bank or similar financial institution
Proven track record in managing complex loan portfolios, including real estate-based and business lending
Experience in real estate-based and business lending, including credit analysis, due diligence, and loan documentation
Ability to work independently with little supervision
Ability to sit for long periods of time up to 75% of work hours
Ability to travel within Unity Bank's lending footprint to perform site visits
Ability to use hands to grasp, handle or feel
Ability to use computer keyboard and system to enter data and process information
Ability to use telephone to communicate with customers and employees
Ability to use office equipment such as teller scanner, personal computer, telephone, mobile device, copier
Preferred
Experience with Abrigo (aka Sageworks) desired
Company
Unity Bank
Unity Bank provides financial services to retail and business customers through our branches located in Hunterdon, Middlesex.
201-500 employees
Funding
Current Stage
Growth StageLeadership Team
James Hughes
President & CEO
George Boyan
Chief Financial Officer
Recent News
2026-01-07
2025-12-20
Unity Bancorp, Inc.
2025-11-21
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