Portfolio Manager at Bankwell Financial Group

Description

About Bankwell:

Bankwell is a commercial bank with over $3 billion in assets, providing privately-owned businesses, their owners and executives as well as high net worth individuals with personalized and technologically  advanced banking solutions. We are committed to delivering exceptional service through a single-point of-contact, the Private Client Team, which represents an alignment of experienced financial professionals  in support of businesses and individuals being well-banked.

Our team members and their clients benefit from an organizational focus on personal growth and  technological innovation across business lines. These commitments enable the Bankwell Private Client  Team to deliver financial solutions to unique niches with speed, efficiency, and care. More about  Bankwell can be found at www.mybankwell.com. 

Summary of Position:

The Portfolio Manager supports the Private Client Team in managing and growing existing C&I client  relationships and assisting with new client relationships. This position is responsible for actively  managing and providing oversight of the loan portfolio and depository relationships, while providing  excellent customer service on behalf of the Private Client Team. Immediately calling to attention of Management any occurrences that become known, which may have a negative impact on the Bank’s borrowers and on the loan’s risk rating.

Responsibilities include: 

• Support the Private Client Team with managing loan and depository relationships.
• Analyze and review financial information to assess the financial strength and creditworthiness of  lending relationships at origination and on an ongoing basis. Spread financial statements and prepare financial models designed to sensitize various conditions impacting the proposed  transaction. Prepare cash flow, collateral schedules, covenant sensitivity calculations, financial  models, and guarantor statement analysis. 
• Monitor credit performance of customer portfolios and escalate or remediate, as appropriate. • Prepare credit and loan documentation by accurately compiling and organizing financial data,  credit histories, and collateral information. 
• Assist in the collection of monthly, quarterly and annual financial statements from borrowers  and   guarantors, as required.
• Track covenant compliance and provide necessary documentation. 
• Track and manage non-performing, underperforming or delinquent loans, if applicable.
• Review loan files to ensure that risk ratings are appropriate and prepare documentation to  support any recommended changes. • Participate in client meetings. 
• Cross-sell additional bank products and services. 
• Participate in special projects, as needed. 

Requirements

Qualifications & Skills:

• 5 years of relevant C&I commercial banking experience 
• Must be proficient in Microsoft Suite with an emphasis on Excel, Word, PowerPoint • Proficiency with Abrigo is a plus • Extensive knowledge of credit products offered and regulatory requirements 
• Strong analytical skills in order to evaluate credit and financial issues 
• Able to contribute positively as part of a team 
• Ability to work effectively with a strong will to help others 
• Strong attention to detail and highly organized 
• Excellent written and verbal communication skills  
• Thrives in a high-pressured environment and has the ability to work with tight deadlines 
• Performs assigned tasks accurately and on a timely basis
• Ability to recommend process improvements to enhance efficiency 
• Adheres to all applicable Policies and Procedures 
• Bachelor’s degree preferred 

This job description is a general description of essential job functions. It is not intended as an employment  contract, nor is it intended to describe all duties someone in this position may perform. All employees are  expected to perform tasks assigned by supervisory personnel, regardless of job titles or routine job duties. 

Bankwell is committed to a policy of Equal Employment Opportunity and will not discriminate against any  applicant or employee on the basis of race, color, religion, sex, sexual orientation, national origin or  ancestry, age, physical or mental disability, veteran or military status, marital status, or any other legally recognized protected basis under federal, state or local laws.

Applicants with disabilities may be entitled to reasonable accommodation under the terms of Americans  with Disabilities Act and certain other state or local laws. Please inform Bankwell’s Human Resources  representative if you need assistance completing any forms or to otherwise participate in the application  process. 

All employees are responsible for complying with banking regulations that apply to Bankwell. This  includes, but is not limited to, adhering to the BSA and various consumer protection regulations, and  complying with OFAC sanctions. Employees are required to complete compliance training and follow  policies and procedures for applicable regulations based on their role. An employee’s failure to comply  with banking regulations will be individually reviewed and assessed. The result of non-compliance may  impact job performance ratings and may be serious enough to require termination of employment.