Portfolio Manager - Atlanta, United States - Craft Bank

Description

Portfolio Manager

To apply, please email a cover letter and resume to

Reports To: Chief Credit Officer

Department Name: Credit

The portfolio manager is responsible for working the Banks commercial loan portfolio to manageloan renewals, loan extensions, collection of financial statements, credit underwriting, loanstructuring and exception monitoring. The Portfolio Manager also works with the Banks CCO to manage the Banks high-risk loans.

To apply, please email a cover letter and resume to

ESSENTIAL DUTIES & RESPONSIBILITIES

• Conduct appropriate financial analysis and research to underwrite new loan renewals,extensions, and modifications. Analyze and structure the renewal proposals andcomplete the underwriting and evaluation process.
• Ensure all required documentation is collected and maintained as required by existingpolicy.
• Conduct thorough annual reviews of current portfolio clients including review offinancials, site visits, and assessment of general business information and other factorsthat would be indicators of risk.
• In partnership with the Lending Team, establish and maintain relationships with currentand prospective customers.
• Ensure loan terms and conditions adhere to established credit policy.
• Ensurecompliance with applicable federal, state, and local laws and regulations, agencyguidelines and organization policies.
• Proactively manages credit risk to detect issues within the portfolio- either loan basedor industry wide.
• Provide timely and accurate reporting to senior management.
• Work with outside vendors and professionals to remedy situations as needed.
• Perform/create and analyze corporate and financial spreads.
• Assist in preparation of various reports and submissions to management.
• Other duties as assigned.

POSITION QUALIFICATIONS

• Education: Bachelor's Degree from an accredited 4-year college or university orequivalent work experience
• Work Experience: 5+ years of experience in a commercial lending environment withproven experience in credit evaluation, portfolio risk assessment and/or specialassets.
• Candidates must reside in Metro Atlanta and must have experience working in a bank performing loan operations or loan closings.

SPECIFIC KNOWLEDGE, SKILLS, ABILITIES, COMPETENCIES

• Thorough knowledge of commercial lending process including credit evaluation andunderwriting.
• Ability to accurately interpret lending policy and apply same to the management of theportfolio.
• Detailed knowledge and understanding of credit and financial analysis tools andtechniques.
• Ability to identify and quantify business risks and the key drivers of risk and focusdecisions accordingly.
• Thorough knowledge of banking regulations and laws governing commercial lending.
• Strong written and verbal communication skills.
• Strong organizational skills with ability to set priorities in a multi-task environment andmeet deadlines.
• Monitor, review and ensure compliance with loan covenants, borrowing basecertificates, and other loan documentation requirements.
• Proficient in Microsoft Office Suite including Word, Excel, PowerPoint and Outlook.
• Be able to work in a team environment.

WORK ENVIRONMENT

• Standing, working at computer, and sitting for long periods of time.
• Minimal Travel, Less Than 10% (will require driving and proof of auto insurance)

MISCELLANEOUS

Other Job Requirements

• To perform this job successfully, an individual must be able to perform each essentialduty satisfactorily. The requirements listed above are representative of the knowledge,skill, and/or ability required. Reasonable accommodations may be made to enableindividuals with disabilities to perform the essential functions.

Equal Employment Opportunity Statement of Policy

• The Bank is an Equal Opportunity Employer committed to diversity in the workplace.Itis the policy of the Bank to provide equal employment and advancement opportunitiesto all qualified individuals. The Bank does not discriminate against any qualifiedemployee or applicant on the basis of race, color, sex, religion, national origin, disabledor veteran status.

Intent and Function of Job Description

• Job descriptions assist organizations in ensuring that the hiring process is fairlyadministered and that qualified employees are selected. This job description has beenreviewed to ensure that only essential functions and basic duties have been included.Peripheral tasks, only incidentally related to each position, have been excluded.Requirements, skills, and abilities included have been determined to be the minimalstandards required to successfully perform the positions. In no instance, however,should the duties, responsibilities, and requirements delineated be interpreted as all-inclusive. Additional functions and requirements may be assigned by supervisors as deemed appropriate.

In accordance with the Americans with Disabilities Act, it is possible that requirementsmay be modified to reasonably accommodate disabled individuals. However, noaccommodations will be made which may pose serious health or safety risks to theemployee or others or which impose undue hardships on the Bank.Job descriptions are not intended as and do not create employment contracts. Theorganization maintains its status as an at-will employer. Employees can be terminated forany reason not prohibited by law.

To apply, please email a cover letter and resume to