Commercial Portfolio Manager

This is a fully remote position, open to applicants in Oregon, +1 more state.

📋 Description

• Assist Commercial Loan Officers in overseeing current commercial credit relationships as well as establishing new ones.

• Act as the main contact for ongoing borrowing relationships.

• Oversee existing borrower relationships and aid Commercial Loan Officers in developing new connections.

• Ensure prompt annual reviews and assess performance against covenants and conditions.

• Aid in monitoring and formulating action plans for deteriorating credit relationships, including watchlist and problem loan status reports.

• Gather updated information, analyze data, and produce periodic loan review memorandums with recommendations for risk upgrades or downgrades.

• Develop, coordinate, and assess annual review memorandums, property inspections, and commercial real estate evaluations.

• Underwrite, structure, and assist in documenting new loans or modifications to existing client relationships.

• Identify cross-sell opportunities and guide members towards Credit Union services and products.

• Conduct due diligence by reviewing financial, entity, legal, and other documents prior to credit submission.

• Monitor portfolio performance and trends, define solutions for credit relationships, recognize issues, and create remediation plans.

• Underwrite and offer credit approval recommendations as designated.

• Create and maintain specialized reports for risk monitoring, opportunity identification, and portfolio management.

• Ensure compliance with state and federal regulations, policies, and procedures.

• Provide input on updates to commercial lending policies and procedures.

• Stay updated on industry developments, market trends, and regulatory changes.

• Perform additional duties as assigned.

⛳️ Requirements

• High school diploma required.

• At least four (4) years of loan underwriting experience, preferably in commercial underwriting and analysis within a financial institution.

• Familiarity with commercial lending and deposit account procedures.

• Understanding of commercial and personal financial statement analysis.

• Knowledge of credit approval and annual review memorandums.

• Proficient in commercial loan documentation.

• Awareness and comprehension of lending regulations.

• High standards for accuracy, thoroughness, completeness, and documentation.

• Excellent interpersonal communication and negotiation abilities.

• Proven customer service skills.

• Capability to organize tasks, respond promptly to member inquiries, and meet deadlines.

• Demonstrated skills in transactions related to member accounts.

• Ability to interpret and clarify Credit Union policies and account transactions.

• Capacity to work effectively as part of a team or independently.

• Experience with Abrigo Sageworks financial software or equivalent is preferred.

🏝️ Benefits

• Medical, dental, vision, and life insurance coverage.

• Medical, Dental, and Vision insurance option fully covered by the company for employee-only coverage.

• Health Care FSA (HCFSA).

• Health Savings Account (HSA) with employer contributions.

• Dependent Care FSA (DCFSA).

• Life and AD&D insurance.

• 401k plan.

• 8 hours of vacation and 8 hours of sick leave accrued monthly.

• 11 paid holidays each year.

• 1 floating holiday.

• 16 hours of self-care time.

• 16 hours of volunteer time.

• Performance-based compensation incentives.