Assistant Portfolio Manager

2 weeks ago


Brownsville, Texas, United States RIO BANK Full time
Salary
$80,000 - $120,000 per year, depending on experience and qualifications. Additionally, we offer a comprehensive benefits package, including paid time off, paid holidays, 401(k) plan with company match, medical, dental and vision insurance, life insurance, employee assistance program, flexible spending account (FSA), training and career development, charity match, community engagement, and a professional and collaborative work environment.

Job Description
We are seeking a skilled and experienced Commercial Assistant Relationship Manager to join our team. The successful candidate will play a pivotal role in building and managing a diverse portfolio of commercial clients. This includes:
  • Working with and learning from a top commercial lender.
  • Sourcing, developing and underwriting new financing requests for new and established customers.
  • Submitting applications to credit analysts for verification and recommendation.
  • Negotiating credit terms and structure loan financing based on risk considerations.
  • Approving loans within specified limits and referring loan applications outside authorized limits to management for approval.
  • Developing and maintaining interest rate structure to comply with financial institution policies and procedures and remain competitive with current market rates.
  • Identifying and mitigating potential risks associated with commercial loans.
  • Promoting the bank's products and services to existing clients.
  • Identifying potential new clients and developing strategies to acquire them.
  • Promoting the bank through active community involvement and strong customer relations.


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