VP, Commercial Portfolio Manager
Key Responsibilities
- Monitors existing lending relationships assigned to their portfolio and completes annual, semi-annual or quarterly reviews as required in a timely manner. Prepare monthly Watch List comments and quarterly Adversely Classified Reports where applicable.
- Maintains oversight of all ongoing monitoring requirements and client deliverables as well as compliance with all terms of the loan agreement.
- Actively works on tracking tickler requirements, post-closing items and revisiting policy exceptions to determine current status.
- Evaluates pertinent information to determine risk rating and whether a prospect and/or existing credit is an acceptable risk.
- Partners with the Loan Officers in structuring and underwriting new relationships as well as renewals, extensions, waivers and/or modifications of existing loans.
- Prepares all required financial spreads and Executive Summary and uploads all packages for credit underwriting and approval.
- Works in conjunction with Loan Operations in maintaining all required insurance policies within appropriate coverage.
- Maintains a close follow-up on past due payments and maturities to avoid any past dues over 30 days.
Qualifications
- Education: Bachelor’s Degree required for consideration or the equivalent in experience.
- Experience: Seven (7) + years of experience as a Credit Underwriter or Portfolio Manager.
- Advanced knowledge of overall Bank policies as well as credit policy and compliance regulations.
- Knowledge of related State and Federal banking compliance regulations and operational policies.