Penn Community Bank · 8 hours ago
Portfolio Manager- Commercial Real Estate
Perkasie, PA
Full-time
Onsite
Entry, Mid Level
2+ years expPenn Community Bank is seeking a Portfolio Manager for Commercial Real Estate to oversee loan maturities and modifications. The role involves working closely with customers, Relationship Managers, and Credit Analysts to ensure accurate loan documentation and compliance with bank policies.
AssociationBankingCommunitiesFinancial Services
Responsibilities
Monitors and addresses loan maturities or requested loan modifications by working with the customers, Relationship Managers and Credit Analysts to determine recommendations for loan maturity extensions or loan modifications
Submits requests for analysis and credit approval packages to the credit department
Reviews credit approval packages for accuracy and completeness
Obtains the loan extension/modification approvals in conjunction with the Relationship Manager assigned to the credit from the appropriate approving authority
Completes and/or requests the credit department to complete loan reviews for loans in the portfolio
Monitors, through interaction with construction customers, construction sales and leasing absorption. Coordinates this information with the Construction Administrator for quarterly reporting
Prepares any covenants violations notices for reporting to appropriate loan approval authorities
Responsible for the procurement and execution of loan documents as needed for loan maturity extensions, loan modifications, covenant violation waivers and payoff requests
Assists the loan assistants with requesting and collecting required financial information that is required for each loan in the portfolio
Assists the Relationship Managers with new loan production support including coordination of loan approvals with credit, ordering of third party reports, acts as the liaison with the appraisal department and assists with the loan closing process
Works with the Relationship Managers and Loan Assistants to resolve any post-closing exceptions
Monitors the loan portfolio to insure that deposit accounts required by loan approvals have been established and maintained
Provides on-going updates Salesforce files when with customer interactions and relationship updates
Looks to identify areas of improvement that contribute to Bank profitability
Qualification
Required
Bachelor's degree from four-year college or university
Minimum of 2-3 years' experience in commercial credit analysis and/or as a commercial lender
Comprehensive knowledge of commercial lending, including a solid understanding of underwriting and credit
Good verbal and written communication skills
Satisfactory knowledge of loan documentation
Good organizational and time management skills; the ability to prioritize tasks
Thorough knowledge of products and services offered by the Bank
Working knowledge of Microsoft Excel, Word, and PowerPoint
Strong analytical skills
Company
Penn Community Bank
Penn Community Bank is a community bank operting in Pennsylvania.
201-500 employees
Funding
Current Stage
Growth StageLeadership Team
Randy McGarry
EVP, Chief Information Officer
Recent News
The Bucks County Herald
2023-12-25
2023-12-25
thereporteronline
2023-12-25
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