Jr. Commercial Portfolio Manager
Job Type
Full-time
Description
Position Purpose: Primary responsibility is assisting commercial lenders/assistants in the ongoing monitoring of the Bank's commercial loan portfolio. This position is ideal for a teammate with a strong desire to learn more about the commercial line of business, lending and portfolio management. It ultimately supports Commercial Lenders in underwriting loan requests, preparing credit memos, asset-based monitoring, financial statement reporting, and management of the commercial portfolio.
What you'll do
• Accurately and timely completion of financial statements spreads
• Manage the on-boarding of ABL borrowers, including providing templates, and tickler/covenant creation.
• Monitor assed backed lines of credit. Process, analyze and evaluate client reports, review the content for irregularities and/or discrepancies and follow up with the client and Loan Officer
• Manage and monitor bank margin report.
• Collect financials, spread, and maintain bank Mainstreet loan program reports.
• Responsible for monitoring, creating, and updating required reporting.
• Assist with ongoing collection and analysis of tax returns, personal financial statements, rent rolls, and other underwriting items
• Assist loan officers in underwriting for new credits as well as renewal of maturing credits.
• Participate in and help prepare for calls with customers and loan officers.
• Participate in special projects to aid with the continuous improvement of portfolio management.
• Provide assistance to prospective and existing clients via various means of communication, to include in person meetings at client sites.
• Adhere to all applicable laws and regulations governing bank operations, including compliance with Bank of Clarke County BSA/AML Policy and Procedures.
Requirements
Where you'll shine
• Bachelor's degree or equivalent education/work experience
• Three or more years of experience in a banking or financial services environment
• Knowledge of financial institution concepts, practices and regulations
• Familiarity with and/or willingness to learn how to interpret financial statements, tax returns and cash flow analysis
• Strong written, oral and interpersonal communication skills necessary to provide detailed information and courteous responses to teammates and customers
• Intermediate computer skills with a working knowledge of Microsoft Word, Excel and loan scoring applications
• Working knowledge of nCino is preferred
• Proven analytical and problem-solving skills
• Attention to detail
• Ability to work independently as well as within a team environment
• Progressive level of lending experience
Where we shine
• Offering a full suite of benefits including medical, life, dental, and vision insurance plus generous paid time off
• Supporting associates and their families; we embrace the importance of caring for oneself and our families
• Surrounding ourselves with smart, driven, and diverse individuals
• Valuing integrity, commitment in regard to our daily duties, and the Bank as a whole
• Supporting local philanthropic, cultural, and artistic initiatives and organizations that our employees' value
• Devoted to the communities in which we serve as we help those who form the creative backbone of our market's future economy and business value
• Bank of Clarke is "Great Place to Work" Certified through June 2025
• "Top Virginia Employer for Interns" award recipient (2023,2024,2025) through Virginia Talent and Opportunity Partnership (V-TOP)
Working Conditions :
The individual will be required to be available after normal working hours. Business travel may be necessary to meet with vendors and attend training opportunities.
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed under the knowledge/skills section are representative of the knowledge, skill set, and/or ability required. Reasonable accommodations may be made to enable qualified individuals with disabilities to perform the essential functions.
EEO M/F/V/D
