Commercial Portfolio Manager bei Bank of Greene County

Description

POSITION SUMMARY:

The Commercial Portfolio Manager provides relationship support to commercial loan officers, thereby facilitating the initiation and servicing of commercial credit and banking relationships. Works with a team of lenders to manage their portfolio of loans as well as working on new loan requests. Serves as a liaison between and assigned lending team and the Credit Administration/Operations Department. Establishes direct client relationships in order to monitor financial reporting requirements, covenant testing, annual relationship reviews and construction loan monitoring. The Commercial Portfolio Manager position is for individuals experienced in credit who may desire to be considered for a lending position in the future.

Requirements

EDUCATION & EXPERIENCE: 

• Bachelor’s Degree in Business, Finance, Accounting, Economics, or related field required. 
• Minimum of two (2) years of Commercial Credit Analysis, Lending, and/or Portfolio Management experience is required. 
• Proficiency in Microsoft Office software. 
• Detail oriented, with strong customer service, communication, and analytical skills. 
• Energetic and experienced self-starter, proactive, takes initiative, and uses critical thinking to solve problems. 
• Ability to read and understand commercial documentation. 

MAJOR DUTIES & RESPONSIBILITIES:

• Assist Lenders in underwriting, managing and structuring commercial real estate and business loans according to the Bank’s established guidelines and policies. Work with lenders in gaining full relationships with borrower including personal and business deposits. 
• Commands a thorough and complete knowledge of the Bank’s loan underwriting guidelines and credit policy. 
• Manage a portfolio of assigned loans and work closely with Lenders to monitor and manage the credit quality of such portfolios.  
• Review portfolios to ensure each credit is properly risk rated based on the Bank’s risk rating system. (Ability to understand Bank’s risk rating criteria and be able to identify any changes or weaknesses that may jeopardize the repayment of the loans.) 
• Continuously monitor current loans and credit lines to ensure compliance with terms and proactively manage risk/exposure and compliance with Credit Policy for assigned portfolios. 
• Completes due diligence and prepares analysis of commercial borrowers and prospects, including compiling financial and business data and spreading financial statements for modest and complex transactions.  
• Maintains timely renewals of loan maturities, credit file updates, covenant compliance, and annual reviews for assigned lending team. 
• Work with lenders to complete QCAR (Quarterly Classified Asset Report) and clearly outline the rationalization of any risk rating changes.   
• Track and monitor the occurrence of commercial credit relationship reviews and line renewals completed by credit analysts. 
• Assist the loan officer with any changes to the loans/lending relationship or new loan that is closing. 
• Be familiar with construction lending and understand the process of doing an advance. 
• Become efficient user of bank software and have the ability to run reports and create checklists. 
• Identify loan reviews that must be completed for lending group and run reports. 
• Perform property inspections for commercial properties. 
• Work with account officer documenting all issues and formulate strategy, if credit is deteriorating; visit and maintain contact with the borrower. 
• Identify any missing items prior to review of credit including insurance, unpaid taxes, expired UCC’s and covenant violation. 
• Ensure that all documentation is prepared in accordance with approval documents. Work with borrower and closing counsels to obtain any needed items to close loan. Make checklist of missing items and review with lender weekly.  
• Work on loan renewals and maturing loans with lenders to determine if renewing or terming out; document accordingly.   
• Work on new loans with lenders; go out on calls and be able to input history and background in appropriate system to get loan package moving forward to credit for underwriting. Be able to prepare prescreen memo for approving loan officer or officers. 
• Understand the process of putting the terms and conditions of a loan together to be presented.  
• Order and review third party reports, such as credit reports, appraisals and environmental reports. 
• Handle commercial customer problems and complaints and closing counsel’s requests.  
• Manages Covenant Compliance by monitoring, testing, and preparing waivers and Reservation of Rights letters when required; 
• Independently evaluates structures, risk rates and underwrites companies with risk exposure or potential risk exposure to the bank. Ensures appropriate compliance with all bank requirements and identifies exceptions to Credit Policy; 
• Identifying early client risk/exposure, early detection of volatile industries and markets for assigned portfolio within designated region. 
• Negotiates terms and conditions of credit with borrowers. Proactively manages credit risk and exposure for an assigned portfolio; initiates credit modifications and risk rating upgrading/downgrading, modifying terms and frequency of covenants, financial reporting, collateral security, audit schedule, etc. 
• Contribute to a professional, business-like atmosphere within the lending department and maintain excellent customer service. 

PHYSICAL DEMANDS:

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. While performing the duties of this job, the employee is regularly required to talk or hear. The employee frequently is required to stand; walk; use hands to finger, handle or feel; and reach with hands and arms. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. 

COMPLIANCE STATEMENTS:

EQUAL OPPORTUNITY EMPLOYER

Bank of Greene County is an equal opportunity employer. We provide equal employment opportunity in all employment-related matters, including hiring, training, promotion, compensation, benefits, transfers and other personnel actions, without regard to race (including traits historically associated with race), color, national origin, age, religion, sex, sexual orientation, gender identity or expression, the status of being transgender, disability, genetic information, predisposition and carrier status, military or veteran status, marital and familial status, the status of being a victim of domestic violence, employee’s or a dependent’s reproductive health decision making (including, but not limited to, a decision to use or access a particular drug, device or medical service), known relationship or association with any member of a protected class, and any other characteristic protected by applicable law.

BANK SECRECY ACT (BSA)

Before assuming any duties, each employee will be trained in the proper filing and logging procedures for large currency transactions and the sale of monetary instruments. 

Each employee will immediately report suspicious currency transactions or activity to their immediate supervisor or the BSA Officer. 

All employees will become familiar with how their customers handle their accounts and will report any transactions that are not within the normal activities of the customer. 

The employee will be trained in compliance with the BSA, USA PATRIOT ACT and associated laws and regulations under the Bank’s Compliance Program as it pertains to his or her job functions.? Employees are expected to meet all compliance requirements as stated within the Bank’s BSA/AML/CIP/OFAC Program.? Failure to meet these compliance standards may adversely affect performance appraisals and may result in disciplinary action up to and including termination.? Employee’s compliance violations may result in termination, individual fines, and possible imprisonment.