Assist in monitoring process the loan portfolio and updating risk management reporting tools, in collaboration with Management, loan administration and operations staff and other key stakeholders. Monitor reporting and compliance requirements under the loan documents; review deliverables to confirm acceptable performance and ratings. Approve advance requests, in coordination with the Senior Portfolio Manager and loan administration. Develop and maintain in-depth understanding of commercial, econ... more details
Hybrid/New York, NY
Salary Range: $135,000 - $185,000
The Commercial Credit Portfolio Manager assists in the active management of a portfolio of accounts, assists with the development of team portfolio tools and risk management using key market and industry information to determine the impact on the portfolio in a collaborative manner. The incumbent is responsible for risk grading, and risk analyses/credit approval for amendments, renewals and/or modifications, related documentation, and the organized tracking and monitoring of account and portfolio performance under the guidance of the Senior Portfolio Manager.
ESSENTIAL DUTIES & RESPONSIBILITIES
- Assist in monitoring process the loan portfolio and updating risk management reporting tools, in collaboration with Management, loan administration and operations staff and other key stakeholders.
- Monitor reporting and compliance requirements under the loan documents; review deliverables to confirm acceptable performance and ratings.
- Approve advance requests, in coordination with the Senior Portfolio Manager and loan administration.
- Develop and maintain in-depth understanding of commercial, economic and financial circumstances and how they impact the customers under their management.
- Coordinate with key internal partners to support servicing of existing customer base.
- Ensure timely completion and tracking of internal deliverables such as reviews and renewals for existing credit customers.
- Work in conjunction with manager to prepare for and present at loan committees and credit quality reviews as applicable.
- Identify and resolve operational and credit issues with loans held in portfolio.
- Evaluate and make recommendations of loan amendments, increases, extensions and modifications.
- Prepare and present deal-screening memorandum and prepare approval memorandum concisely analyzing borrower/guarantor financial condition, perform cash flow and collateral analysis, base and downside projection analysis, and credit metrics to determine credit risk.
- Run risk rating model, interpret and support the risk rating recommendation.
- Develop a strong working knowledge of, and ensure compliance with, internal bank commercial loan policy, credit risk management policy, and external regulatory requirements. Identify and report exceptions and mitigate.
- Assess industry/market/external factors impact on the credit transaction.
- Monitor adequate completion of credit approval process, closing and post approval items.
- Participate in ongoing pipeline meetings.
- Assist Risk Team in the management of delinquent loans and reporting on status of delinquent loans.
- Conduct post-closing credit file, and generally maintain post-closing files.
- Provide data and analysis in support of reserving and/or write-off actions of the organization as requested.
- Maintain trend cards on a timely basis and ensure that files are kept up to date and orderly.
- Perform other duties as requested as well as ad hoc tasks and projects.
SKILLS, EDUCATION, & EXPERIENCE
- Bachelor degree required, preferably in Finance or Economics.
- 6 - 10 years of relevant experience. Understanding of direct credit borrowing base transactions desired.
- Advanced analytical and financial modeling capability.
- Self-starter who is confident and comfortable managing a transaction.
- Must be proficient in MS suite of products (Word, Excel, & PowerPoint).
- Excellent communication skills (verbal + written).
- Demonstrate interpersonal skills, and proven ability to work in a team environment.
#Li-Hybrid
Visa sponsorship not available.
We are an equal opportunity employer and do not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, disability, military and/or veteran status, or any other Federal or State legally-protected classes.