Portfolio Administrator
7 days ago
Commercial & Community Bank in Midtown, Manhattan is seeking a Portfolio Administrator for a full-time position
Responsibilities:
- Responsible for developing a relationship with each borrower and completing regular loan monitoring reviews.
- Responsible for the ongoing asset management and maintenance of the Bank’s Lending Portfolio, understanding and complying with all policies and will be responsible to prepare procedures related to the Portfolio Management and Credit Administration functions
- Prepare the financial request letters to be mailed to the borrowers requesting updated financial information and will mail out and follow up with each borrower to ascertain receipt of the required annual updates.
Qualifications:
- Bachelor's Degree
- 1+ years of experience as a Portfolio Administrator, preferably with a Community Bank.
- Credit training at a commercial bank, credit union or community development financial institution.
- Experience with loan, legal, collateral documentation and compliance.
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