Commercial Portfolio Manager

20 hours ago


Aston Mills, United States Sun East Federal Credit Union Full time
Job Title: Commercial Portfolio Manager

Sun East Federal Credit Union is seeking a highly skilled Commercial Portfolio Manager to join our Lending Department. As a key member of our team, you will be responsible for analyzing and overseeing the Commercial Loan Portfolio, ensuring compliance with credit union policies and regulations.

Key Responsibilities:
  • Coordinate the annual review process to ensure timely completion.
  • Review personal and business financial statements for accuracy and completeness.
  • Ensure loans are risk-rated consistently with credit union policies and industry standards.
  • Manage and maintain the document tickler report, working with Relationship Managers to collect financials and other tickler items.
  • Maintain and manage pending/outstanding loan documents, loan exceptions, and maturing loans.
  • Ensure accurate collection and reporting of commercial loan HMDA data on the LAR.
  • Assist with loan closings, wire transfers, and participation loan transactions.
  • Manage archiving and retrieval of hard copy and electronic loan files and records, adhering to the file retention schedule.
  • Prepare monthly portfolio reporting on the commercial portfolio as requested by management.
  • Monitor UCC filings, vehicle liens, mortgages, and other filings to ensure timely completion and renewal.
  • Perform post-closing audits to ensure loan files are uniform, ticklers are created, and all documents are scanned to imaging.
  • Monitor business loan covenants, notifying the VP and Relationship Managers of any non-compliance.
  • Process loan payoffs and satisfy mortgages or other liens in a timely manner.
Requirements:
  • Minimum three years of experience in business lending and credit management in a credit union or bank.
  • Experience in analyzing personal and business financial statements.
  • Knowledge of financial statement interpretation and small business credit granting criteria.
  • Demonstrated problem-solving and analytical ability, with strong oral and written communication skills.
  • Strong PC skills, including Microsoft Office and Adobe.
Benefits:

Sun East Federal Credit Union offers a competitive salary, a robust benefits package, including medical, dental, vision, a flexible spending account (FSA), a 401(k) plan with company match, life insurance, and employee discounts on various services.

Please note that credit, criminal, employment, and education background checks are conducted on potential candidates, and a post-offer, pre-employment drug test is also conducted.



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