Portfolio Management Specialist

2 weeks ago


Apple Valley, Minnesota, United States Merchants Bank Full time

Job Summary

The Merchants Bank is seeking a highly experienced Portfolio Management Specialist to join its team. The successful candidate will be responsible for the overall management of loan portfolios, including loan approval processes, loan documentation, and credit administration activities.

About Us

The Merchants Bank is a leading financial institution that offers a wide range of financial products and services to individuals, businesses, and communities. We are committed to providing excellent customer service and building strong relationships with our customers.

Key Responsibilities

  • The Portfolio Management Specialist will have oversight of problem asset management for the assigned loan portfolios.
  • He/she will be responsible for implementing approved lending policies, underwriting standards, and internal lending controls in alignment with evolving industry practices.
  • The Portfolio Management Specialist will also be accountable for monitoring new developments in lending and changing government regulations, communicating with Senior Management and other Senior Credit Officers to ensure that Bank's policies are modified accordingly.
  • He/she will partner with Senior Management in driving consistent performance and credit culture expectations within the Bank's defined regional/market structure.

Education and Experience

  • Bachelor's degree in business or equivalent.
  • 10 years progressively responsible supervisory/management experience in a financial institution, including 10 years in business and/or agricultural lending, and leasing.
  • Additional executive banking/financial education desired but not required.


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