Portfolio Manager - New York, United States - Piermont Bank

Piermont Bank

Verified Company

New York, United States

3 weeks ago

Posted by:

Mark Lane

beBee recruiter

Description

About Us:

The Role:

The Portfolio Manager is responsible for monitoring and assessing the credit risk of the banks commercial loan portfolio. This individual will focus on detailed financial statement analysis, industry assessment, collateral valuation, and cash flow analysis.

Responsibilities:

Manages a loan portfolio of existing relationships for the Bank, and routinely monitors the loan portfolio to identify potential weaknesses that could adversely impact the overall asset quality.
Underwrites new loans and/or renewals, increases to existing loans as needed.
Performs annual reviews of existing loan relationships.
Interact with clients to update status of the borrower's business plans and strategies and to build and enhance the overall client relationship.
Provides support to the manager of the department, e.g. continuous credit improvement initiatives, and takes the lead on projects that support loan growth and efficiency objectives within lines of business.
Assists in the preparation of Credit Administration reports.

Qualifications:

Experience in a commercial environment is strongly preferred.
Demonstrated experience in asset allocation and loan portfolio management.
Deep understanding of regulatory reporting.
Ability to form effective relationships and achieve influence at the most senior level in the organization.
Established credit, industrial and risk acumen.
Understand and interpret complex business and regulatory requirements.
Working across all levels of the organization to understand crossfunctional linkages and interdependencies, as well as the implications of risk and regulations at the business level.
Demonstrated ability to assess credit and industrial trends, both internally and externally.
Strong communications skills, including the capacity to articulate the case for sound credit practices in the language of business.
Competent skill set with use of Microsoft Word.
Extensive Excel skills.
Knowledge of the Fiserv platform.
Use of the Salesforce/nCino platform.

Piermont Bank is an equal-opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.

We do not discriminate based upon race, religion, color, national origin, political affiliation, gender (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, age, status as a protected veteran, status as an individual with a disability or other applicable legally protected characteristics.