Business Loan Portfolio Manager

7 days ago


Voorhees Township, United States Columbia Bank Full time

The Commercial Loan Portfolio Manager I at Columbia Bank is responsible for managing a portfolio of commercial loans, ensuring effective business relationships and maintaining high-quality services. This role requires strong analytical skills, attention to detail, and excellent communication abilities.

Job Responsibilities
  • Portfolio Management
    • Manage a portfolio of commercial loans, monitor loan performance, and identify potential risks.
    • Collaborate with Commercial Lenders to maintain accurate records and ensure timely reporting.
    • Prepare extension memos, review financial statements, and perform debt service calculations.
    • Perform credit file reviews, assess risk ratings, and recommend updates as necessary.
Covenants
  • Maintain covenant tracking databases, monitor loan covenants, and escalate issues promptly.
  • Follow up with borrowers for required information, notify lenders of delays, and track periodic reports.
Monitoring and Recommendations
  • Monitor delinquencies, collaborate with Commercial Lenders to resolve issues, and provide recommendations for loan restructuring or collection actions.
Industry Knowledge
  • Maintain knowledge of OCC regulations, local and national economic trends, and their impact on commercial lending activities.
  • Develop skills to train and develop new team members.
Requirements
  • Bachelor's degree in Finance, Accounting, Management, or related field.
  • 3-5 years of experience in Commercial Banking and/or Credit.
  • Excellent written and verbal communication skills, attention to detail, and organizational skills.
  • Strong credit training and risk assessment skills.
  • Proficiency in Microsoft Office applications, including Excel and Word.
  • Familiarity with covenant tracking systems.


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