The Portfolio Manager takes primary responsibility for the underwriting process, portfolio administration and credit quality of assigned portfolio partnering with lenders and other stakeholders both within the Bank and externally.
RESPONSIBILITIES:
• Support the commercial lending process through underwriting, policy knowledge, credit structuring, and risk assessment in credit request packages for assigned portfolio. Ensure packages are complete, accurate and properly documented.
• Working directly with commercial lenders, treasury management and other team members to effectively grow fees, deposits, and portfolio revenue by presenting financial solutions to customers.
• Responsible for full cycle of loan request process; From conducting preliminary evaluation, to entering and maintaining client information in commercial database, to providing full financial and market analysis and preparing a recommended term sheet.
• Contribute to the Market’s success in meeting/exceeding volume and production goals; Accompanies lenders during sales calls to assist with account details, relationship building, and product recommendations.
• Primary liaison with internal and external stakeholders to include various Bank departments, customers, attorneys, and commercial lenders/leadership.
• Identify and recommend changes or enhancements to the Bank’s lending policies and procedures, to better serve community and current market needs.
• Collaborate with lenders to identify areas of concerns pertaining to a loan and in the management of maturing loans.
• Responsible for overseeing renewals, document tickler and covenant tracking of loans.
• Monitor loan documentation and financial statement exception reports and follow-up to clear up document exceptions in a timely manner.
• Troubleshoot, report and manage activity on delinquent accounts at the various intervals.
• Generate and provide requested reports as necessary on Team’s loan portfolio.
• Participate in team sales call and attend external events and market activities in a business development role.
SKILLS/QUALIFICATIONS:
• Bachelor’s degree in business, finance or related field or equivalent experience required.
• Minimum of three (3) years of experience working in Financial Services required; Exposure to Commercial Banking highly desired.
• Prior working experience with loan underwriting and credit training is required.
• Ability to successfully complete system training within 90 days of hire.
• Ability to analyze financial and project statement, corporate and personal tax returns.
• Understanding of basic loan structure processes and regulations associated with lending
• Strong understanding of loan documentation criteria.
• Knowledge of United’s services, products, policies and procedures is a plus.
• Excellent verbal and written communications skills in Spanish or additional language a plus.
• Proficiency with Microsoft Office Suite (Word, Excel, PowerPoint)
• Excellent interpersonal, customer relations and sales skills.
• Ability to demonstrate being a self-starter, well-organized, detail oriented.
• Ability to work well independently and in a fast-paced environment.
• Travel within the local market may be required.
KEY COMPETENCIES:
• Relationship Management
• Appetite for Continuous Learning
• Self-Motivated
• Professionalism
Essential Functions:
• Sitting for extended periods of time.
• Ability to efficiently operate a computer keyboard, mouse, power tools, and other computer components.
• Ability to converse and exchange information with all levels of staff within organization.
• Ability to observe, perceive, identify, and translate data
Please click here to access a list of benefits for which this position is eligible. Additional information regarding United's Mission, Values and Culture can be found here
At United, our strength is our people, and we are committed to nurturing a culture that is reflective of the communities we serve; promotes respect and a shared purpose; and aligns with our core values.
Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, national origin, disability, status as a protected veteran, or any other characteristic protected by law.
United Bank is the community bank for the markets we serve. We offer local decision-making and the personalized service our customers have come to expect since 1839, with the insights, technologies, products, and services of a large bank – and a deep commitment to the communities in which we operate.
We are committed to developing long-term personal relationships with every customer. Our flexible, local decision-making approach enables our team to create customized solutions to help United customers grow and thrive. With more than 220 locations and over 2,500 employees across the Mid-Atlantic and Southeast, our experienced leadership, consistent performance, and focus on relationships make United the bank of choice for our customers, investors, team members, and communities.
We are committed to serving our communities with safe, sound, and secure practices – backed by strong earnings, sound asset quality, and strong capital – that have allowed us to weather any storm for 186 years. Because of this, our employees, customers, shareholders, and communities can rely on us to be their banking partner for decades to come.
Member FDIC. Equal Housing Lender. Equal Opportunity Employer.
United Bank NMLS ID 522399 (www.nmlsconsumeraccess.org). ADVERTISING NOTICE - NOT A COMMITMENT TO LEND – SUBJECT TO PROGRAM AVAILABILITY. This is not a commitment lend. All loan applications are subject to credit and property approval. Annual Percentage Rate (APR), programs, rates, fees, closing costs, terms and conditions are subject to change without notice and may vary depending upon credit history and transaction specifics. Other closing costs may be necessary. Flood and/or property hazard insurance may be required. To be eligible, buyer must meet minimum down payment, underwriting, and program guidelines.
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