30 days old

Commercial Portfolio Manager

Manasquan Bank
Wall, NJ 08736
  • Job Code
    133753940

PRIMARY PURPOSE

This position is responsible for the maintenance and effective servicing/reviewing of the assigned commercial portfolio(s). Maintenance and servicing shall include new loan requests, renewals and reviews for customers within the assigned portfolio(s). The individual shall provide support to loan officers ensuring that customers are receiving service consistent with MB. Working in conjunction with loan officers the individual is key in performing proper maintenance with regard to MB credit policies and procedures in order to attain growth, reduce losses and improve overall customer satisfaction.

JOB SPECIFICATIONS

Maintain and manage assigned commercial loan portfolio(s) with respect to the preparation of loan renewals, reviews and new loan requests from within the assigned portfolio.

Accurately maintain ticklers system with respect to updated financial information and loan covenant testing.

Perform detailed financial analysis on business entities and interpret financial information based upon supplied financial statements, tax returns and company prepared documents.

Perform credit, personal financial statement and personal cash flow analysis on individual and guarantors in order to determine financial strength and credit enhancements based on financial statements, tax returns and reports.

Accurately maintain loan risk ratings for loans within the assigned portfolio(s) in accordance with the bank's policy and procedures.

Inform appropriate loan officer, credit manager, and credit officer of potential risks associated with loan reviews and follow up to ensure compliance.

Accompany lenders on customer site visits and customer interviews.

Maintain accurate knowledge of MB credit, practices and regulatory policies to assist bank in compliance.

Maintain and update watch list credits in the portolio(s).

Assist lenders with customer contact, loan requests within the portfolio and the closing process.

SPECIFICATIONS / QUALIFICATIONS

Bachelor's degree in Business Administration, Finance, Accounting, Economics or equivalent work background and experience.

Minimum of three years commercial lending or related experience.

Strong analytical skills including the ability to read and assess individual and company financial statements, tax returns, cash flow, industry and competitive analysis and projections.

Strong background in commercial and small business underwriting and lending.

Excellent organizational skills, attention to detail, and the ability to complete assignments in a timely manner with minimal direction.

Strong written and verbal skills

Strong problem recognition and resolution skills

Ability to work independently and within a team

Working knowledge of all commercial products and services.

Proficient in various spreadsheet and Word processing applications

WORKING CONDITIONS/PHYSICAL REQUIREMENTS

Office environment. Sitting for long periods of time. Daily use of wrists, hands, and fingers to use computer and telephone. Ability to hear and speak clearly for gathering and giving simple to complex information.

Disclaimer: This information describes the general nature and level of work performed by employees in this job. The description is not designed to be a comprehensive inventory of all duties, responsibilities, and qualifications required of employees in this job. Reasonable accommodation may be made to qualified, disabled individuals for the performance of essential duties and responsibilities.





PI133753940

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Posted: 2021-04-09 Expires: 2021-05-10

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Commercial Portfolio Manager

Manasquan Bank
Wall, NJ 08736

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