Portfolio Manager

1 month ago


Lancaster, United States Univest Full time

Overview

Univest Financial Corporation (UVSP), has approximately $7.8 billion in assets and $4.3 billion in assets under management (as of September 30, 2023). Headquartered in Souderton, Pa. and founded in 1876, the Corporation and its subsidiaries provide a full-range of financial solutions for individuals, businesses, municipalities and nonprofit organizations in the Mid-Atlantic Region. In 2022, Univest donated $2.5 million to our communities, and our employees volunteered more than 12,300 hours.

At Univest we invest in the success of our employees and customers. We offer our employees the ability to be their authentic selves, while fostering a culture and an environment that inspires change and inclusivity. Seeking career-focused individuals, looking to bring passion and creativity to drive change. Our employees are encouraged to work collaboratively and embrace innovation to deploy needs based financial solutions in the communities we serve.

We're hiring a Portfolio Manager to join our Central PA Lending Team .

Responsibilities

Supports assigned Corporate Banking Group and relationship managers with client and portfolio management

New Loan & Loan Renewal Support:

Communicate with Relationship Managers (RM) and customers in order to gather financial information to support loan request Collaborate with RM, Customer, Administrative and Credit Support in order to facilitate loan proposals/approvals. (LPS, appraisals & environmental reports, searches, credit reports, memos, underwriting packets, Collaborate with RM, Customer, Administrative and Loan Servicing Department/Bank Counsel for loan settlement (Boarding sheets, documentation review, customer follow up, Review and final approval of loan coding Post loan closing customer follow up (If necessary)

Commercial Loan Support:

Establish operational relationship with designated clients to handle routine daily operational issues and client requests. Monitor and review exceptions (Credit & collateral), maturing loans, ABLs, credit rating maturities, and delinquencies. Work with RM and customer to resolve Review customer risk profile and covenant compliance through the collection of financial data and searches. Portfolio audit preparation, support, and responses for internal and external auditors Special projects and additional duties as required.

Responsible for compliance with laws and regulations that


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