EQUAL OPPORTUNITY EMPLOYER, INCLUDING DISABILITY/VETS

Summary Description

The Commercial Portfolio Manager assists the Commercial Relationship Managers with the initial underwriting of credit opportunities and relationships, and assists in the ongoing administration of loan portfolios to ensure that the Bank maintains high credit quality and to provide more time for the Commercial Relationship Managers to generate new business and maintain existing client relationships.

Essential Functions

• Underwrites requests for credit extensions to new and existing clients
• Performs detailed financial analysis of credits as directed by the CRM
• Prepares loan requests for the CRM’s presentation to appropriate approval authority, including loan modification requests, covenant waivers, annual reviews, etc.
• Monitors assigned portfolios for: 

• Required financial reporting
• Covenant compliance
• Borrowing base availability
• Payment delinquencies
• Overdrafts

• Ensures initial set-up of credit facilities on the Loan Vantage system and any other internal system(s) necessary for proper booking of the credit facilities on the Bank’s systems
• Ensures timely spreading of interim and annual client financial statements
• Accompanies CRM on prospect/client calls when appropriate

Position Requirements

• Bachelor’s Degree in Accounting, Finance or related field
• Minimum 1 year of credit analysis and underwriting experience
• Completion of Bank’s commercial credit training program
• Work is generally performed indoors in environmentally controlled conditions
• Typically the employee may sit to perform the work. However, there may be some standing, walking, bending and carrying of light items in the course of the work
• Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions

Critical Skills / Expertise

• Knowledge of accounting theory and its practical application for credit underwriting
• Strong analytical skills including ability to assess clients’ financial statements, cash flow, industry and competition and projections
• Strong written and verbal communication skills
• Strong presentation skills
• Excellent organization skills with attention to detail
• Ability to work in a fast-paced environment and complete assignments in a timely manner with minimal direction
• Ability to work independently and within a team
• Proficiency in various spreadsheet applications