Portfolio Manager

Description

Position

Reports to:

Manager, Commercial Lending

Objective: The Portfolio Manager will provide support to the Commercial Lending team to ensure a high level of commercial portfolio quality. This includes monitoring the portfolio, reports, interim performance while maintaining compliance with regulations, policies and procedures. This position is also responsible for various commercial lending tasks and demonstrating a strong internal and external customer service focus throughout.

Portfolio Servicing

• Assists the lender with pre-flight analysis of prospective borrowers’ information to determine proper options and financial solutions to best meet client’s needs.
• Prepares proposals and commitment letters on new and existing credit opportunities.
• Identifies and works with Relationship Manager to facilitate cross selling opportunities.
• Assists lender with monitoring past dues and overdrafts.
• Monitors the daily deposit fluctuation report.
• Monitors future maturities report.
• Reviews draft credit presentations and provides feedback to the Deal team in terms of appropriate credit analysis and underwriting.
• Assists the lender with document collection on new relationships, including SBA loans.
• Attends meetings as assigned including customer meetings, and credit meetings to present loans for approval.
• Monitors the health of the commercial loan portfolio by tracking and reviewing financial ticklers, insurance, property taxes, and filings.
• Monitors and processes Annual Loan Reviews and Loan Improvement Plans
• Performs file maintenance functions including, but not limited to loan transactions, loan changes, loan payoffs, loan filings, and loan defaults.
• Performs commercial loan property site visits regionally, as needed, and monitors collateral for external risks.
• Establishes and maintains effective working relationships with internal and external contacts, including employees, board members customers, and outside vendors.
• Maintains up-to-date knowledge of all regulations that pertain to this position, including all products, services, and promotions.
• Assists in loan processing and underwriting functions as needed.
• Understands and follows all policies.
• Other duties and/or special projects as assigned.

Other Responsibilities:

• Embody Platinum Bank’s core values.
• Comply with all department and company policies, procedures, and regulations.
• Assist in other special projects as assigned.

Education and/or

Experience:

• Bachelor’s Degree, preferably in Business or similar, or equivalent work experience.
• 5+ years of related experience desired, preferably in the financial services industry.
• Experience with credit/business lending, preferred.
• Experience in computer systems, including Microsoft Office.
• Good verbal and written communication skills.

Knowledge, Skills & Abilities:

• Excellent interpersonal & customer service skills
• Ability to listen, speak clearly and effectively to others.
• Respects opinions of others.

Technical Skills

• Proficient skill set in the use of the following software applications:
  Microsoft Excel, Word, and Outlook.

Competency Requirements

• Decision Making/Problem Solving:
  Ability to make good quality decisions in a timely and decisive manner and systematically evaluate alternatives.
• Self-Management:
  Strong time management, work prioritization, and organizational skills; detailed oriented; self-motivation; actively seeks feedback and adapts behavior.
• Confidentiality:
  Ability to maintain confidentiality of all Bank records and employee information.
• Ability to prioritize tasks and meet required deadlines.
• Strong organizational skills needed with the ability to multitask.
• Accuracy and efficiency with attention to details.
• Must have a valid driver’s license and be willing to travel to outlying branch areas, as business needs dictate.

• While performing the duties of this job, the employee is regularly required to sit; use hands to finger, handle, or feel objects, tools, or controls; reach with hands and arms; and talk or hear. The employee is occasionally required to stand and walk. The employee must occasionally lift and/or move up to 25 pounds. Specific vision abilities…