Norway Savings Bank · 2 hours ago
Commercial Portfolio Manager
Portland, ME
Full-time
Onsite
Mid LevelNorway Savings Bank is dedicated to fostering a positive and supportive work environment. They are seeking a Commercial Portfolio Manager to assist commercial lenders in monitoring and maintaining client portfolios, analyzing and underwriting loan requests, and managing commercial relationships for cross-selling opportunities.
BankingFinancial ServicesVenture Capital
Responsibilities
Ability to analyze and underwrite new loan requests, loan and line of credit renewals, annual reviews, and overdraft lines of credit
Identify potential problem loans and deficiencies. Recommend appropriate risk rating for new loan relationships and proactively identify and recommend risk rating changes for existing loan relationships
Determine if loan requests are in compliance with Bank policy and regulatory guidelines/requirements
Discuss loan/line structure, cash flow, collateral, and customer character with commercial lenders and credit analysts
Attend and participate in Loan Committee meetings when appropriate
Recommend alternative credit structures or products where appropriate
Knowledge and ability to work with lenders on processing/obtaining various government (SBA/FAME/GPCOG/etc.) or private agencies (CEI/Genesis/etc.) loan guarantee programs and/or subordinate financing
Accompany commercial lenders on customer calls and interact extensively with customers and prospects in person and over the phone
Assist commercial lenders with various duties including, but not limited to, ongoing account management of select relationships (i.e. financial statement collection and initial analysis, preparation of periodic credit memos, non-credit product service follow-up, etc.), attend new loan meetings, provide assistance with business development opportunities, provide representation at internal and/or external meetings/events/functions, participate in construction loan draw meetings and prepare various memos and reports as requested (including the presentation of these reports as necessary)
Assist in the preparation for Loan Examinations (including but not limited to) by reviewing credit and collateral files to ensure information is current and risk rating is appropriate
Assist with/understanding of appraisals, valuations, environmental reports and commercial loan documentation
Interact with attorneys and financial professionals including CPA’s, CFO’s, etc. as needed to assist in the underwriting and closing process
Interview loan applicants and analyze financial information provided by applicants to assess feasibility of loan opportunity
Make written and verbal loan presentations to appropriate approval authorities
Perform online research of public records including, but not limited to, assessor’s databases, county registrar’s databases, and the Secretary of State database for corporate filings and UCC filings
Qualification
Required
College degree with emphasis in business or accounting or equivalent experience
Solid foundation in credit skills, finance and accounting
Excellent written and oral communication skills
Exemplary customer service skills
Good negotiation skills
Strong interpersonal skills, good listener, works well with others, decisive and confident
Ability to multi-task
Extensive knowledge of PC applications, including Excel & Word
Benefits
160 hours of paid time off per year, increasing with longevity
48 hours of paid sick time per year
11 paid holidays
Top tier full insurance benefits
401K with exceptional employer matching and contributions
Tuition reimbursement
Employer HSA contributions
Comprehensive Wellness Program with access to complimentary Heath Coaches, on-site fitness rooms, and monetary incentives for reaching your wellness goals
Valued work-life balance
A hands-on team that is committed to the growth and success of our employees
Company
Norway Savings Bank
Norway Savings Bank is a bank offering savings account services.
Founded in 1866
201-500 employees
Funding
Current Stage
Growth StageLeadership Team
Andrew Goodwin
Senior Vice President & Chief Information Officer
Randy Easler
Senior Vice President, Senior Retail Banking Officer
Recent News
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