Portfolio Analyst - Warwick, United States - Shoreham Bank

Shoreham Bank

Verified Company

Warwick, United States

3 weeks ago

Posted by:

Mark Lane

beBee recruiter

Description

The Portfolio Analyst is responsible for working with the commercial lending team and loan servicing department from the time a loan closes through maturity of the loan to ensure all loans are compliant and conform with Shoreham Bank (formerly Home Loan Investment Bank), SBA and USDA rules and regulations.

Major Duties and Responsibilities:

Financial Statement and/or Tax Return analysis on all borrowers (Businesses and Personal) to determine the company performance using EBITDA.
Develop modification/forbearance agreements on severely delinquent loans.
Complete quarterly Action Plans on all criticized/classified assets. Present these Action Plans to the Asset Quality Committee, comprised of Board Members and Sr. Management on a quarterly basis.
Service all commercial loans in the portfolio, including insurance and financial statement tracking, UCC extensions, financial reviews, and annual loan reviews.
Perform collection related activities such as ensuring adequate insurance coverage on all commercial loan related collateral, update property and sales tax payments or delinquencies, order property preservation, assess collateral values (e.g. appraisal, BPO, research), environmental, etc.
During liquidation of accounts, identify appropriate legal counsel to represent the Bank and work collaboratively to execute the approved liquidation plan, up to and including the removal of the Bank's lien position on all collateral involved and/or the pursuit of any associated deficiency balance.

General tax return and financial statement knowledge is required.
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Equal Employment Opportunity_

All applicants are considered for all positions without regard to race, religion, color, sex, gender, sexual orientation, pregnancy, age, national origin, ancestry, physical/mental disability, medical condition, military/veteran status, genetic information, marital status, ethnicity, citizenship or immigration status or any other protected classification in accordance with applicable federal, state and local laws.

Benefits: