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Cedar Point Federal Credit Union® · 1 day ago

Commercial Portfolio Manager

Lexington Park,MD,US

Full-time

Onsite

Mid Level

3+ years exp

Cedar Point Federal Credit Union is hiring a Commercial Portfolio Manager to manage and monitor a portfolio of commercial loans and relationships. The role focuses on ensuring credit quality, profitability, and strong member service while balancing risk management with personalized service.

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Responsibilities

Serve as the main point of contact for the Commercial Lending Department and provide exceptional member-service

Assist with the collection of financial documents for new loan requests, annual renewals, and re-grades

Assist with the underwriting process by pulling credit reports for borrowers and/or guarantors and analyzing financial data as needed

Responsible for overseeing the appraisal process, including requesting quotes, engaging appraisers, tracking due dates, and managing the review process

Coordinate loan settlements with attorneys and borrowers

Assist with the loan settlement process by drafting documents for the Credit Union, engaging attorneys, reviewing attorney-prepared documents for accuracy, obtaining good standing certificates, requesting proof of insurance, verifying lien positions (through SDAT and Land Records), and corresponding with attorneys as needed

Monitor commercial vehicle and equipment loans to ensure that titles are received and that proof of insurance is current

Verify invoices for work performed by third-party vendors (i.e., appraisals, flood certifications, attorneys, etc.) and ensure payments are processed in a timely manner

Open new deposit accounts for business members

Ensure all required documentation is in the physical and digital loan files

Accompany loan officers on calls with members as needed

Build and maintain positive working relationships with internal and external business partners

Process loan payments

Work with loan officers and others to collect past-due loans

Maintain knowledge of products and services offered by the Credit Union

Complete required and recommended educational courses, follow all rules and regulations applicable to job function, including but not limited to the Bank Secrecy Act

Perform other duties as assigned and assist with special projects