Portfolio Officer Manager

If you enjoy analyzing complex financial profiles and interacting with our private banking clients, this is the right opportunity for you! The Private Banking Department provides the Bank’s products and services to high-net-worth individuals in a highly personalized, professional, and timely manner. The incumbent will underwrite all new loan/renewal applications and work with lenders to remedy underwriting issues. Candidate will have the opportunity to work a hybrid schedule after successful training and supervisor approval.

Education and Experience Requirements:

• Three (3) years of experience underwriting commercial or Private Banking loan applications.
• Bachelor’s Degree required. Will consider commensurate experience

Knowledge, Skill, and Ability Requirements:

• Good organizational/priority setting skills; ability to work on multiple tasks.
• Ability to work under pressure and meet deadlines.
• Strong oral and written communication skills.
• Ability to learn the commercial loan system, products, services, policies and procedures.
• Ability to apply job knowledge and good judgment to problem solving/decision making situations.
• Attention to detail is a must.
• Working knowledge of Microsoft Word, Excel, CRM software, and loan documentation software.
• Must exhibit leadership qualities. Supervisory experience preferred.

Essential Functions:

• Obtain Dunn & Bradstreet and credit reports on all applications.
• Complete collateral analysis to verify it will support the loan/renewal request.
• Review all credit information and financial statement spreads.
• Prepare credit proposals including analysis and calculations necessary to assess transaction and viability of transaction.
• Assemble and compile the information necessary for renewal or review of credit facilities.
• Conduct underwriting and calculate cash flow of expired/matured loans and preparing credit proposals for renewal.
• Prepare loan documentation for closings.
• Prepare commercial loan system input worksheets to establish new accounts and service existing accounts.
• Monitor expired insurance, missing loan documentation and financial information.
• Create and maintain credit files.
• Coordinate the opening and servicing of liability product accounts with branches and Private Banking transaction centers.
• Perform servicing and maintenance of accounts/relationships.
• Compose both internal and external correspondence.
• Perform other duties, as necessary.
• All employees have the responsibility and the accountability to serve as risk managers for their businesses by understanding, reporting, responding to, managing and monitoring the risk they encounter daily as required by Dollar Bank’s risk management program. Compliance with regulatory laws and company procedures is a required component of all position descriptions.

Supervisory Responsibilities:

• Manage, train, and support the Private Banking Portfolio Manager (PM), including the preparation and delivery of annual performance reviews, general oversight of PM’s daily job functions, coordination and approval of time off requests and hybrid work arrangements.
• Achieves results by motivating and stimulating team members; promotes commitment to common goals by communicating team vision and mission.
• Works with employees to identify development opportunities and create career development plans.
• Coaches and mentors employees on their strengths and areas for improvement, providing constructive feedback.
• When needed, selects talented individuals from inside and outside of the Bank, hiring individuals whose capabilities match the needs of the organization in a timely and prudent manner.