Commercial Credit Portfolio Manager, Avp

Hybrid/New York, NY
Salary Range: $135,000 - $185,000
The Commercial Credit Portfolio Manager assists in the active management of a portfolio of accounts, assists with the development of team portfolio tools and risk management using key market and industry information to determine the impact on the portfolio in a collaborative manner. The incumbent is responsible for risk grading, and risk analyses/credit approval for amendments, renewals and/or modifications, related documentation, and the organized tracking and monitoring of account and portfolio performance under the guidance of the Senior Portfolio Manager.

• Assist in monitoring process the loan portfolio and updating risk management reporting tools, in collaboration with Management, loan administration and operations staff and other key stakeholders.
• Monitor reporting and compliance requirements under the loan documents; review deliverables to confirm acceptable performance and ratings.
• Approve advance requests, in coordination with the Senior Portfolio Manager and loan administration.
• Develop and maintain in-depth understanding of commercial, economic and financial circumstances and how they impact the customers under their management.
• Coordinate with key internal partners to support servicing of existing customer base.
• Ensure timely completion and tracking of internal deliverables such as reviews and renewals for existing credit customers.
• Work in conjunction with manager to prepare for and present at loan committees and credit quality reviews as applicable.
• Identify and resolve operational and credit issues with loans held in portfolio.
• Evaluate and make recommendations of loan amendments, increases, extensions and modifications.
  • Prepare and present deal-screening memorandum and prepare approval memorandum concisely analyzing borrower/guarantor financial condition, perform cash flow and collateral analysis, base and downside projection analysis, and credit metrics to determine credit risk.
  • Run risk rating model, interpret and support the risk rating recommendation.
  • Develop a strong working knowledge of, and ensure compliance with, internal bank commercial loan policy, credit risk management policy, and external regulatory requirements. Identify and report exceptions and mitigate.
  • Assess industry/market/external factors impact on the credit transaction.
  • Monitor adequate completion of credit approval process, closing and post approval items.
  • Participate in ongoing pipeline meetings.

• Assist Risk Team in the management of delinquent loans and reporting on status of delinquent loans.
• Conduct post-closing credit file, and generally maintain post-closing files.
• Provide data and analysis in support of reserving and/or write-off actions of the organization as requested.
• Maintain trend cards on a timely basis and ensure that files are kept up to date and orderly.
• Perform other duties as requested as well as ad hoc tasks and projects.

• Bachelor degree required, preferably in Finance or Economics.
• 6 - 10 years of relevant experience. Understanding of direct credit borrowing base transactions desired.
• Advanced analytical and financial modeling capability.
• Self-starter who is confident and comfortable managing a transaction.
• Must be proficient in MS suite of products (Word, Excel, & PowerPoint).
• Excellent communication skills (verbal + written).
• Demonstrate interpersonal skills, and proven ability to work in a team environment.