Shire Jobs

Summary: The Commercial Loan Portfolio Manager I is responsible for all aspects of managing a portfolio of commercial loans, including. The incumbent interacts with customers to maintain and enhance business relationships. The Commercial Loan Portfolio Manager I works with Commercial Lenders in regard to all aspects of loan origination, portfolio management and follow up, including: information compilation and review, submission of loans to the Credit Department, covenant monitoring, renewals, extensions, interest rate modifications, file documentation, exception resolution, delinquencies, etc.

Job Responsibilities:

• Portfolio Management

• Management of a Commercial loan portfolio.

• Works with a team of Commercial Lenders regarding Commercial portfolio maintenance activities including maturity monitoring, renewals, interest rate modifications and documentation collection.

• Reviews monthly maturity reports, requests updated financial information, and prepares extension memos, as required.

• Performs Credit File Reviews for loans assigned and makes recommendation to maintain, upgrade or downgrade the risk rating.

• Prepares Pre-Cams for all renewals and modifications and submits to underwriting.

• Provides support to Lenders who handle more complex relationships to ensure that all information needed to place a loan into underwriting is received.

• Interacts with customers to maintain and enhance business relationships.

• Spreads financial statements, performs debt service calculations and pre-screens new loan requests and modifications alongside Lending Officer.

• Performs analysis of financial and related data for credit worthiness and merits of loan requests as well as periodic reviews of customer financials.

• Reviews Credit Risk Review Reporting and Loan Documentation Exception reports, assists Lenders with clearing of exceptions.

• Acts as a liaison between the Credit, Lending, Risk and Loan Servicing Departments as well as customers during the collection, underwriting, approval, and servicing stages of the loan submission, as needed.

• Covenants

• Regularly monitors, maintains, and updates their respective covenant tracking database.

• Determines if loan covenants are met and quickly escalates issues, as appropriate.

• Follows up with borrowers for needed information, and notifies Lenders when information is not provided in a timely manner.

• Monitors monthly, quarterly, and annual reports to track periodic reporting assigned to any given loan relationship.

• Monitoring and Recommendations

• Monitors delinquencies alongside Lending Officer.

• Along with commercial lenders, provides recommendations as to loan restructuring, implementing legal collection action, or referral of the loan to the Special Assets Department.

• Industry Knowledge

• Maintains current knowledge of OCC Regulations, local and national economic, financial political and legislative trends. Determines the possible impact on commercial lending activities.

• Maintains the ability to train and develop new team members.

• Other Responsibilities

• Performs other job-related duties as may be assigned.

  Job Requirements:

• Bachelor’s degree in Finance, Accounting, Management, or related field.

• 3-5 years of related Commercial Banking and/or Commercial Credit experience.

• Effective written and verbal communication skills, both internally and externally.

• Considerable attention to detail.

• Formal credit training and strong credit risk assessment skills.

• Organizational skills.

• Ability to develop constructive and cooperative relationships.

• Skilled in Microsoft Office applications including Excel and Word.

• Working knowledge of covenant tracking systems.

  Columbia Bank and its affiliates is an Equal Opportunity Employer

  Affirmative Action Employer/Males/Females/Protected Veterans/Individuals with Disabilities