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Description

ROLE SUMMARY

The role will directly report to and support the Deputy Chief Credit Officer (DCCO) and Chief Credit Officer (CCO) in management of the Bank’s loan portfolio. This role will also assume responsibility for the more complex lending relationships in the portfolio, including occasional underwriting, and serves as a senior subject matter expert internally and externally. The Portfolio Manager would handle all aspects of the relationships in the assigned portfolio including approvals, annual reviews, monitoring and watch reporting. The position will not have business development responsibilities; however, the individual must be able to recognize such opportunities and refer these to the appropriate area of the bank.

In addition to individual portfolio assignments, the position will assist the DCCO is measurement and tracking of portfolio metrics. The individual will need to have a broad working knowledge of a credit portfolio including loan loss reserves, risk rating assignments, general loan accounting, and risk management. Attention to detail and ability to research and resolve issues as they arise is critical to the position as the individual will also work closely with the DCCO and play a primary role in the bank’s CECL methodology selection, development, and implementation process.

The position requires a demonstrated ability to work across multiple areas of the financial institution while providing competent, courteous, and professional customer service to external and internal customers. The successful individual in this position is one that thrives on high quality service, strong initiative using their accumulated knowledge and experience, problem solving, and an eagerness to adapt and develop new banking skills, e.g. CECL model development.

ESSENTIAL FUNCTIONS AND RESPONSIBILITIES

Portfolio Management – 40%

Portfolio Management duties will include monitoring a portfolio of commercial loans risk rated of all ratings, perform analysis to determine the financial viability of the customer, develop and implement a strategy and plan for the collection of the loans. Coordinate with the relationship management team, attorneys, accountants and third-party guarantors during the monitoring/renewal or collection process. Assists with the identification of potential problem loans, recommends risk rating changes, and assumes responsibility for loans newly identified as criticized and classified problems loans with the goal to upgrade the risk rating of the loan to performing. Credit Analyst must possess the ability to recognize revenue opportunities in the portfolio and to follow through on routine requests for credit or other bank services. There are no incremental sales targets; however, must ensure retention of existing clients and that credit needs are met to the extent the bank is comfortable.

Credit Support and Underwriting – 60%

Credit Support duties will include analyzing and spreading the customer’s financial information, assessing the collateral, performing a delinquency review, performing industry comparisons, assessing the risk rating, and preparing the business, personal and global debt service coverage ability. In addition, written presentations will be designed that detail the findings of the analysis.

Assists the DCCO with monthly management and Board reporting activities including research of items that present anomalies to the portfolio. Ability to manage time accordingly to produce necessary and accurate reporting is a priority.

Work with the DCCO on the ongoing CECL implementation process and to assist in the management of the ALLL during the transition and required parallel tracking period. Individual will be responsible for the data integrity management portion of the CECL adoption and implementation.

Leadership and Supervision

Creates an atmosphere within the organization that attains and maintains a high level of morale and embraces our Vision, Values, Mission and Team Expectations while providing “best in class” customer service to internal and external clients.

Contributes to the development and implementation of annual department goals and individual

Requirements

EDUCATION & EXPERIENCE

Required Education/Experience: Bachelor’s degree (BA) or equivalent from a four (4) year college or university in Accounting, Finance, Economics, or relevant discipline.

Minimum of one year of recent commercial underwriting experience to include financial statement analysis, cash flow analysis, collateral evaluation, and loan structuring in a commercial banking environment. Real estate, construction, and non-profit experience desired.

Working knowledge of accounting and finance theory and practices, including Generally Accepted Accounting Principles, taxation, legal forms of organizations, and business law.

Proficient use and understanding of MS Office products (Word, Excel, Outlook), with the ability to learn and adapt to new technologies quickly and gain working knowledge of financial services loan systems and credit software applications – required.

Preferred Education/Experience:

Completion of a formal credit training program – highly desired. Equivalent combination of education, formal credit training and relevant experience may be considered.

KNOWLEDGE, SKILLS, AND ABILITIES

Required Knowledge & Skills:

Excellent listening, verbal, written and telephone etiquette business communication skills, with the ability to communicate outstanding/follow up issues over the phone, in person and via email; effective presentation skills, with the ability to read, write, speak and understand English well.

Ability to interpret financial statements/spreads (including cash flow, balance sheet, and profitability), and present facts and offer opinions concerning credit worthiness.

Ability to understand and apply principles, procedures, compliance requirements, federal/state regulations, and policies related to assigned area, as well as the Bank’s policies, procedures, products, and services.

Knowledge of financial modeling techniques, and ability to identify recurring and non-recurring sources of cash flow and guarantors’ ability to service debt. Knowledge and experience interpreting credit reports and industry financial information averages.

Ability to understand and apply principles, procedures, compliance requirements, federal/state regulations, and policies related to assigned area, as well as the Bank’s policies, procedures, products, and services.

Strong organizational, time management, data review and processing skills; with the ability to identify and resolve exceptions and interpret data in a timely manner.

Demonstrated analytical and problem-solving skills with excellent attention to detail and a strong focus on accuracy. Demonstrated ability to quickly focus on key issues and make decisions under pressure of time constraints and/or competing deadlines with minimal direction and oversight.

Unquestionable integrity in handling sensitive and confidential information required.