Commercial Portfolio Manager

This is a fully remote position, open to applicants in Alabama, +6 more states.

📋 Description

• Provide support for the Special Assets commercial loan portfolio under the guidance of one or more SAM Commercial Resolutions Officers and Team Leads.

• Evaluate financial data for renewals, modifications, forbearance requests, and ongoing management of the portfolio.

• Assemble comprehensive commercial loan packages, which include credit memos, analyses of borrowers and guarantors, risk assessments, risk grades, and recommendations.

• Conduct additional credit analysis utilizing tools such as CRE analysis software.

• Navigate loan requests through the Credit Approval Process while ensuring the appropriate loan structure is in place.

• Guarantee that commercial loan relationships adhere to State and Federal regulations as well as Bank policies.

• Oversee and service portfolios by performing covenant testing, conducting annual servicing reviews, generating criticized loan asset reports, and clearing exceptions.

• Identify potential upgrades for the portfolio and suggest adjustments to risk grades.

• Assist in preparing credit presentations for Credit Administration, leadership, and Bank committees.

• Confirm that all necessary loan documentation is complete and aid in resolving any documentation or compliance issues.

• Engage with customers periodically to obtain financial information as directed by the CRO or TL.

• Foster relationships with internal business partners, attorneys, appraisers, vendors, and other key stakeholders.

• Monitor loans approaching maturity and undertake special projects as assigned.

• Stay informed about fair lending, BSA, AML, CIP, OFAC, and relevant regulatory requirements.

• Participate in professional training and cross-training opportunities.

⛳️ Requirements

• Bachelor’s degree in Business Administration, Finance, Accounting, or a related field; graduation from a recognized banking school is advantageous or equivalent experience.

• At least 5 years of experience in credit analysis, commercial banking, or business banking.

• Minimum of 5 years of dedicated portfolio management and/or underwriting experience.

• Required familiarity with loan structuring and loan documentation.

• Solid understanding of accounting and lending principles.

• Comprehensive knowledge of Federal and State lending regulations and Bank policies regarding lending procedures.

• Proficient in Microsoft Excel, Word, nCino, and Fiserv.

• Exceptional oral and written communication skills.

• Strong interpersonal, listening, organizational, multitasking, and problem-solving abilities.

• Must be well-organized, precise, detail-oriented, cooperative, and capable of performing under pressure.

• Completion of required annual compliance training and New Employee Orientation is mandatory.

• Must have a secure home office free from background noise and distractions.

• Reliable private internet connection is necessary, preferably cable or fiber, not provided by cellular data.

• Ability to access and interpret computer screens, documents, reports, and cash denominations; position may involve bending and reaching.

🏝️ Benefits

• Opportunity for remote work with a secure, private home office and dependable internet connection.

• Preference for cable or fiber internet connections.

• Required annual compliance training provided.

• New Employee Orientation included.

• Reasonable accommodations available for individuals with disabilities.

• Travel to meetings may be required as necessary.