The Sr. Commercial Business Banking Portfolio Manager is responsible for actively managing larger, more complex borrowing relationships with total credit exposure greater than $250M and provides oversight for loan portfolios in assigned markets.
The Sr. Commercial Business Banking Portfolio Manager works directly with Business Bankers, branches, and internal departments to help properly manage, maintain, and monitor the Business Banking loan portfolio.
Responsibilities include Relationship Income which is accomplished by utilizing Sales Management System (ECM). Directly and indirectly helping to generate additional relationship income through loan, deposit, fee income or additional cross-selling. Maintaining strong relationship with customers and continuously strives to assist RMs in reaching sales goals.
Responsibilities include Portfolio Management accomplished by actively managing maturities, renewals, amendments, modifications and extensions for the assigned loan portfolio. Working directly with customers to ensure covenant compliance and financial information is up to date.
Evaluating and analyzing financial performance of borrower and based on a variety of factors determining an appropriate risk rating. Preparing approval documents and file memos to ensure underwriting is compliant with current Credit Policy standards and practices.
Responsibilities include Asset Quality which includes no 3rd party downgrades (based on LR reports), timely renewals, limited use of admin extensions, no new NPAs, satisfactory credit file maintenance, adherence to all compliance, training and regulatory requirements.
This position receives assistance from the Business Banking Portfolio Manager and will at times provide peer coaching and guidance as needed to the Business Banking Portfolio Manager.
This position adheres to compliance procedures and internal/operational risk controls in accordance with any and all applicable regulatory standards, requirements, and policies.
College degree or equivalent work experience.
5-8 years relevant experience.
Additional Job Requirements:
Excellent written, verbal and presentation skills are needed to communicate with a wide range of internal and external contacts in a clear and concise manner.
Excels at building constructive and effective working relationships to diffuse high-tension situations with diplomacy and tact. Demonstrated ability to inform, educate and influence customers to achieve desired results.
Excellent PC skills including word processing, spreadsheets and ability to learn internal loan and deposit systems.
Superior analytical skills are needed to evaluate financial and credit documents, identify problem loans, and assist in planning and implementing the actions needed to protect the organization from losses.
High degree of knowledge of credit products offered, internal policies and procedures & regulatory requirements.
Sound objective decision making ability and the ability to prioritize work in a fast paced environment to meet internal and external needs
Ability to successfully provide guidance when needed to less experienced Business Banking Portfolio Managers.
People's United Bank