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    Commercial Portfolio Manager - Omaha, United States - Security National Bank

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    Job Description

    Job Description


    As a family-owned business that spans five decades and three generations since 1964, we value relationships, supporting each other's unique differences.

    We understand the importance of personal belonging which is why you'll hear our employees talk about being part of the SNB family.

    Now, more than ever, as we've expanded our roots into new markets, it's the prime time to join our growing team.

    As a community bank, we offer comprehensive financial solutions for personal, business, and private banking, treasury management, wealth management and mortgage needs in Nebraska, Iowa, and Texas.

    We have 10 convenient full-service branch locations in the Omaha and Council Bluffs as well as full-service branches in the Jordan Creek area of West Des Moines and in two Dallas locations: Uptown and Tollway.

    Learn more about our story at


    • Us or visit us on LinkedIn and Facebook.


    JOB SUMMARYThis position is responsible for providing a wide range of credit related support functions relative to the ongoing management of an assigned portfolio, including underwriting, monitoring, and maintaining a portfolio of commercial loans in support of assigned Relationship Managers.

    As necessary, the Portfolio Manager will attend client and prospect meetings, gather information, and perform research in order to identify, quantify, and mitigate inherent underwriting risk.


    ESSENTIAL FUNCTIONSFinancial analysis and credit underwriting (60%)Collaborating with Relationship Managers, exercise discretion and independent judgment in an analytical capacity by independently underwriting loans with minimal supervision needed - completing informative, well thought out and concise written analysis of the applicant's ability to repay the loan and assess the strengths & weaknesses of the Bank's repayment sources in light of industry and other environmental trends.

    Identify, document, and mitigate Policy exceptions.


    Create/update spreads of financial statements or tax returns using a computer program and test for compliance with financial covenants, when applicable.

    Verify the tickler system is accurate and provide Loan Servicing updates if not.


    New Business:

    For new or existing relationships, prepare a Credit Memo with the Relationship Manager including: analysis of the business and industry, financial statement changes and trends, cash flow adequacy, collateral coverage, and Guarantor support (including a global cash flow analysis, as needed).

    Address causes (how/why) for material changes. Cite mitigants and provide remediation for weaknesses and potential problems. Identify and discuss strengths, weaknesses, opportunities, and threats.


    Renewals:
    Approximately 60 days prior to maturity of loans, check the underwriting system and credit file for financial information and inform the Relationship Coordinator and Relationship Manager of Borrower financial statements, collateral reports, personal financial statements, tax returns, and other customary documentation needed to underwrite the renewal

    Reviews:

    Assist Relationship Managers to determine on-going credit quality and appropriateness of the assigned risk rating by reviewing the Borrower's payment history, financial statement trends & cash flow, and/or operating statements and rent rolls for the Bank's commercial real estate collateral.

    Problem Asset Reports ("PAR"): As directed by the Relationship Managers, ensure adequate completion of individual monthly reports for loans risk rated Special Mention ("5") or worse to ensure completeness and accuracy including: Risk rating rationale, nonaccrual & TDR determination, reserve & impairment discussion, cash flow analysis, collateral analysis, guarantor analysis, strategy statement, and current action plans with SMART goals (Specific; Measurable; Achievable; Realistic; Timely).


    Portfolio Management (30%)Assist assigned Relationship Managers in monitoring and managing credit risk for their portfolios by interpreting and carrying out Credit Policies and Procedures.


    Serve as the secondary contact person for Clients when the Relationship Manager is not availableHelp prevent, and assist the Relationship Coordinator to resolve, policy and reporting exceptions arising from loan closings on deals being worked in a timely manner.

    Work with assigned Relationship Managers and their Relationship Coordinators to collect and review periodic reporting requirements such as financial statements, borrowing base reports, and covenant calculations.

    Ensure loans are reviewed, underwritten, and approved prior to maturity by completing the credit underwriting for committee approval.

    Ensure loans are reviewed timely to confirm the accuracy of the assigned risk rating and to identify early warning signs of deteriorating credit trends - including potential weaknesses with the repayment sources or negative trends in operating performance.

    Participate in joint customer calls with Relationship Managers, as needed, to assist with the review of the client's financial performance, capital structure, and goals.

    Assist Relationship Managers with processing draw requests in a timely manner.

    May assist assigned Relationship Managers as requested by reviewing loan documents prior to closing for compliance with regulations and the loan's approval requirements.

    Attend and/or conduct loan closings as directed.

    Real estate evaluations and appraisal reviews (5%)

    As a back-up, assist with the review and approval of:

    Internal Real Estate Evaluations ("IRRE")Appraisal ReviewsAppraisal Assumption Reviews

    Performs Other Duties as Assigned (5%)


    KNOWLEDGE, SKILLS AND ABILITIESStrong knowledge of and analytical skills with an understanding of financial statements and tax returns including an understanding of Generally Accepted Accounting Principles (GAAP)Knowledge of compliance with federal regulations pertaining to commercial bankingAbility to research and understand commercial and commercial real estate lending and banking regulationsAbility to deal effectively with customers and all levels of the bank organization and make effective presentations to prospective customers and existing customers, banking officials and community leadersExcellent oral and written communication skills both verbally and in writing using good business writing skillsAbove average time management skills and an ability to prioritize multiple tasks to meet deadlinesGeneral skills and working knowledge with Microsoft Word, Excel, Outlook and Internet searchesSpecifically, use personal car for customer calls and site visits.

    For site visits, may need to walk in wet, muddy and slippery conditions and walk through hazardous conditions of a job sitePossesses a valid driver's license and have clean driving record in order to operate a company vehicleAbility to maintain predictable and reliable attendance.

    EDUCATION*Minimum of a Bachelor's degree in finance, accounting or related business field required

    EXPERIENCE*Minimum of 4 years of commercial credit analysis experience required*Equivalent education and experience will be considered


    AFFIRMATIVE ACTIONSecurity National Bank provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, gender, sexual orientation, gender identity or expression, national origin, age, disability, genetic information, marital status, amnesty, or status as a covered veteran in accordance with applicable federal, state and local laws.

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