Portfolio Specialist

The Portfolio Manager plays a critical role in ensuring the smooth operation of the Commercial Lending Department at Farm Credit Illinois. This position is responsible for completing compliance, credit administration, and loan servicing responsibilities, while serving as an information resource for the team.

• Compliance & Credit Administration
  • Monitor and review Borrowing Base Reports (BBR) for compliance, following up with customers as needed.
  • Monitor, review, and follow up for financial statements on accounts that are required to provide financials.
  • For loan participations, monitor and follow up with lead lenders on accounts where periodic financial information is required.
  • Identify and resolve issues with above monitoring responsibilities.
  • Ensure conditions of loan approvals are satisfied.
• Portfolio Servicing
  • Assist Commercial Lenders by processing renewals, new loan requests, and loan servicing actions.
  • Monitor construction loan inspections, disbursements, and billing of undisbursed fees, reporting issues or concerns to the Commercial Lender for resolution.
  • Work with corporate legal counsel on issues as diverse as review of loan participation documentation, eligibility opinions, and other actions requiring legal counsel's assistance and input.
  • Monitor covenant compliance, ensuring timely and thorough compliance.
  • Request periodic financial statements from customers to maintain current financial information.
• Commercial Lending Support
  • Assist support staff with loan document production by reviewing loan documents to ensure they include the correct legal descriptions, note terms and covenants, and conform with the terms of approval.
  • Provide assistance and guidance to support staff with quarterly calculations of unused fees to ensure accuracy.
  • Provide guidance to support staff on customer relationship issues when the primary lender is unavailable.
  • Coordinate with Loan Accounting Operations with servicing fees on loans sold, participation loan accounting setup on participations purchased, and other general accounting questions when the primary lender is unavailable.
• Back-Up Resource
  • Serve as the back-up resource to the support staff.
  • Complete loan processing.
  • Provide customer service.
  • Create board reports.
  • Complete account maintenance.
• Reporting
  • Utilize on-line research, published reports, contacts within the Farm Credit System, and other resources as needed to maintain and enhance knowledge of specific industries and targeted prospects.
  • Develop and maintain understanding of risks specific to specific industries and shares information within the Commercial Lending Department.
  • Utilize industry knowledge in financing and servicing discussions.
  • Create standard quarterly reports on large loan relationships, utilizing information obtained from the Commercial Lender.
• Data Security and Confidentiality
  • Apropriately protect the confidentiality, security, and integrity of the Association's systems and data and clients' data.