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1st Advantage Federal Credit Union · 1 day ago

Business Portfolio Manager

Yorktown, VA

Full-time

Onsite

Mid Level

3+ years exp

1st Advantage Federal Credit Union is currently seeking a full-time Business Portfolio Manager to support their Business Department. The role involves managing the credit union's portfolio of business loans, assessing risk, and maintaining strong relationships with borrowers while ensuring compliance with lending policies.

BankingFinanceFinancial Services

Growth Opportunities

Responsibilities

Portfolio Management: Oversee and manage the credit union’s business loan portfolio ensuring compliance with the credit union’s lending policies and procedures. Conduct regular reviews of loans and borrower financials to assess the risk profile, credit quality, and performance. Monitor loan covenant compliance and identify potential issues before they impact loan performance. Manage loan renewals, modifications, and extensions in coordination with the underwriter and other department colleagues as needed

Risk Management: Evaluate and analyze financial statements, cash flows, and market trends to assess the financial health of borrowers. Identify and mitigate risks within the business loan portfolio by developing strategies to minimize potential defaults or losses. Ensure that risk ratings are updated in a timely and accurate manner

Client Relationship Management: Serve as the primary point of contact for addressing any concerns within the business loan portfolio. Collaborate with the loan officers to deepen client relationships and identify cross-selling opportunities. Facilitate client communication regarding loan terms, covenants, or changes in financial conditions

Loan Structuring & Documentation: Assist in structuring new loan deals or renewals by providing insight into borrower needs and risk mitigation strategies. Assist department colleagues with ensuring all loan documentation is accurate, complete, and compliant with internal and regulatory requirements. Coordinate with department colleagues to resolve any issues related to loan documentation or collateral

Regulatory Compliance: Ensure adherence to all regulatory requirements and internal policies, including lending limits, credit risk guidelines, and documentation standards. Stay current with changes in industry regulations that could impact the loan portfolio

Perform other duties as assigned

Qualification

Financial analysisCredit risk managementLoan documentationCommercial lendingLoan structuringNegotiation skillsAnalytical thinkingMicrosoft Office SuiteCommunication skillsOrganizational skillsProblem-solving skills

Required

Three plus years of experience in commercial lending, credit analysis, or portfolio management

Bachelor's degree in Finance, Accounting, Business, or related experience

Strong financial analysis and risk assessment skills, with proficiency in interpreting financial statements and cash flows

Knowledge of loan structuring, underwriting processes, and credit risk management

Excellent communication, negotiation, and relationship management skills

Ability to work collaboratively with internal teams, such as underwriters, loan officers, and other departments

Analytical thinking and problem-solving skills

Strong organizational skills and attention to detail

Ability to manage multiple priorities in a fast-paced environment

Proficiency in Microsoft Office Suite (Excel, Word, PowerPoint) and loan management systems

Effective verbal communication to convey and acknowledge receiving detailed or important instructions

Able to hear average or normal conversations and receive ordinary information to communicate effectively

Using primarily just the fingers to make small movements such as typing, picking up small objects or pinching fingers together to use office equipment

Movements frequently and regularly required using the wrists, hands, and/or fingers

Visual acuity necessary to read small print, read printed and electronic instructions, read email and computer screens, and operate machinery

Lifting and carry equipment, ladders, and office machines to facilitate maintenance and infrastructure

Ability to operate a motor vehicle (including a truck or van) with no restrictions

Reaching and stretching, above and below the shoulders, able to connect wiring, cables, and work at heights and outside

Bending, stooping, squatting, and able to reach hardware components, cables, and other infrastructure elements in confined spaces