Summary: The Commercial Loan Portfolio Manager I is responsible for all aspects of managing a portfolio of commercial loans, including. The incumbent interacts with customers to maintain and enhance business relationships. The Commercial Loan Portfolio Manager I works with Commercial Lenders in regard to all aspects of loan origination, portfolio management and follow up, including: information compilation and review, submission of loans to the Credit Department, covenant monitoring, renewals, extensions, interest rate modifications, file documentation, exception resolution, delinquencies, etc. Job Responsibilities:
Portfolio Management
Management of a Commercial loan portfolio.
Works with a team of Commercial Lenders regarding Commercial portfolio maintenance activities including maturity monitoring, renewals, interest rate modifications and documentation collection.
Reviews monthly maturity reports, requests updated financial information, and prepares extension memos, as required.
Performs Credit File Reviews for loans assigned and makes recommendation to maintain, upgrade or downgrade the risk rating.
Prepares Pre-Cams for all renewals and modifications and submits to underwriting.
Provides support to Lenders who handle more complex relationships to ensure that all information needed to place a loan into underwriting is received.
Interacts with customers to maintain and enhance business relationships.
Spreads financial statements, performs debt service calculations and pre-screens new loan requests and modifications alongside Lending Officer.
Performs analysis of financial and related data for credit worthiness and merits of loan requests as well as periodic reviews of customer financials.
Reviews Credit Risk Review Reporting and Loan Documentation Exception reports, assists Lenders with clearing of exceptions.
Acts as a liaison between the Credit, Lending, Risk and Loan Servicing Departments as well as customers during the collection, underwriting, approval, and servicing stages of the loan submission, as needed.
Covenants
Regularly monitors, maintains, and updates their respective covenant tracking database.
Determines if loan covenants are met and quickly escalates issues, as appropriate.
Follows up with borrowers for needed information, and notifies Lenders when information is not provided in a timely manner.
Monitors monthly, quarterly, and annual reports to track periodic reporting assigned to any given loan relationship.
Monitoring and Recommendations
Monitors delinquencies alongside Lending Officer.
Along with commercial lenders, provides recommendations as to loan restructuring, implementing legal collection action, or referral of the loan to the Special Assets Department.
Industry Knowledge
Maintains current knowledge of OCC Regulations, local and national economic, financial political and legislative trends. Determines the possible impact on commercial lending activities.
Maintains the ability to train and develop new team members.
Other Responsibilities
Performs other job-related duties as may be assigned.
Job Requirements:
Bachelor’s degree in Finance, Accounting, Management, or related field.
3-5 years of related Commercial Banking and/or Commercial Credit experience.
Effective written and verbal communication skills, both internally and externally.
Considerable attention to detail.
Formal credit training and strong credit risk assessment skills.
Organizational skills.
Ability to develop constructive and cooperative relationships.
Skilled in Microsoft Office applications including Excel and Word.
Working knowledge of covenant tracking systems.
Columbia Bank and its affiliates is an Equal Opportunity Employer
Affirmative Action Employer/Males/Females/Protected Veterans/Individuals with Disabilities
