Commercial Portfolio Manager

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

📋 Description

• Provide assistance and support to the Commercial Lending Team in all facets of managing the commercial loan portfolio.

• Aid Commercial Loan Officers in overseeing both existing commercial credit relationships and establishing new ones.

• Act as the primary liaison for ongoing borrowing relationships.

• Oversee current borrower relationships and assist Commercial Loan Officers with new connections.

• Ensure timely completion of annual reviews, monitor document covenants and performance conditions, and aid in developing action plans for declining credit relationships.

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

• Create, coordinate, and review annual review memorandums, property inspections, and evaluations of commercial real estate.

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

• Identify cross-selling opportunities and guide members toward other credit union services and products.

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

• Monitor portfolio performance and trends, define solutions for credit relationships, identify issues, develop remediation strategies, underwrite, and provide recommendations for credit approval.

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

• Assist with compliance regarding regulations, policies, and procedures while providing input on policy updates.

• Stay informed on industry, market, and regulatory trends.

• Perform additional duties as assigned.

⛳️ Requirements

• High School Diploma.

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

• Familiarity with Abrigo Sageworks financial software (or equivalent) is preferred.

• Proficient understanding of commercial lending and deposit account procedures, analysis of commercial and personal financial statements, credit approval/annual review memorandums, and commercial loan documentation.

• Knowledge of lending regulations.

• High standards for accuracy, thoroughness, completeness, and orderly documentation, system input, and communication.

• Excellent interpersonal communication and negotiation skills.

• Proven customer service capabilities.

• Ability to organize work efficiently, respond promptly to member requests, and adhere to deadlines.

• Demonstrated skills related to member account transactions.

• Capability to interpret and clarify Credit Union policies and transactions.

• Ability to work effectively both independently and as part of a team.

• Candidates must reside in Washington or Oregon.

• Employment eligibility in the United States will be verified through E-Verify.

🏝️ Benefits

• Coverage for medical, dental, vision, and life insurance.

• The company pays 100% for employee-only coverage for medical, dental, and vision insurance options.

• Health Care Flexible Spending Account (HCFSA).

• Health Savings Account (HSA) with employer contributions.

• Dependent Care Flexible Spending Account (DCFSA).

• Life and Accidental Death & Dismemberment (AD&D) insurance.

• 401k retirement plan.

• Accrual of 8 hours of vacation monthly.

• Accrual of 8 hours of sick leave monthly.

• 11 paid holidays each year.

• 1 floating holiday.

• 16 hours allocated for self-care.

• 16 hours dedicated to volunteer time.