Bank Portfolio Manager III

Forcht Bank; Cincinnati (OH); On-site; USD 65,000 - 100,000; Full time

Benefits offered by this job

Health Insurance

Vision Insurance

Dental Insurance

401(k) Plan

Company Paid Life Insurance

PTO after 60 days

Paid Holidays

Employee celebrations

Job summary

Forcht Bank in Cincinnati seeks a Portfolio Manager to lead loan underwriting activities, analyze financials, and guide applications through the process. You will work closely with Banking Officers to meet client needs and expand product usage.

Qualified candidates bring extensive banking knowledge, analytical skills, and a commitment to service excellence, with a track record in leadership and cross-selling within a community bank setting.

Qualifications

• Bachelor’s degree in Business, Finance, Accounting, Sales, or Communications.
• Ten years of experience in financial services or related customer-focused roles.
• Extensive knowledge of bank operations, procedures and regulations.
• Ability to adapt to changes in regulations, products, and procedures.

Responsibilities

• Provide leadership and coaching to direct reports.
• Develop and maintain productive relationships with Banking Officers to assess customer needs and products.
• Assist in obtaining loan information, explain processes, and answer questions.
• Analyze applicants’ financial status and credit to determine loan feasibility.
• Guide loan applications through underwriting and maintain regulatory compliance.

Skills

Financial analysis

Customer service

Leadership

Problem solving

Education

Bachelor's degree in Business, Finance, Accounting, Sales, Communications

Tools

Microsoft Office Suite

LaserPro

Bank information systems

Job description

Why work at Forcht Bank?

Forcht Bank is a Kentucky-based community bank with approximately $1 billion in assets, ranking us among the largest banking groups headquartered in the state. Today, Forcht Bank has 25 banking centers in 12 counties across the Commonwealth and southern Ohio, and an award-winning team with more than 300 employees.

The Rewards!

• Competitive wages
• Comprehensive benefits package to include:
  • Health, Vision, & Dental Insurance
  • 401(k) Retirement Plan with Company Match
  • Company Paid Life Insurance
• Paid Time Off (PTO) after 60-day introductory period
• Paid Holidays, including Birthday Leave
• Employee celebrations
• Professional recognition
• And more!

Essential Duties & Responsibilities

• Provide leadership and coaching to direct reports.
• Develops and maintains a productive working relationship with Banking Officers, assisting in determining customer needs and appropriate products and/or services.
• Assists Banking Officers in obtaining information for loan applications and other banking products, explain the process and answer questions.
• Analyzes applicants’ financial status, credit, and property evaluations to determine feasibility of granting loans.
• Obtains and compiles copies of loan applicants’ credit histories, corporate financial statements, and other financial information.
• Works closely with Banking Officer to guide loan applications through the underwriting process and decision.
• Stays abreast of new types of loans and other financial services and products to better meet customers’ needs.
• Stays abreast of regulatory compliance requirements, loan policy and operating guidelines.
• Reviews and updates credit and loan files.
• Submits applications to Central Retail or Credit Officers for underwriting and analysis, as applicable.
• Submits necessary documents to Central Processing Department and Loan Processor for generation of loan documents.
• Works with Banking Officers to clears any outstanding exceptions timely.
• Closing and funding loans within authority.
• Assists Banking Officers to manage credit and collection of payments up to 30 days delinquent for the life of the loan.
• Assist Banking Officers and Credit Manager to monitor loan documents, including loan agreements to ensure borrowers is in compliance with terms throughout life of loan.
• Services customers’ complaints, questions and requests, as needed, and takes appropriate action to resolve.
• Assist in maintaining loan pipeline.
• Assist in preparing letters of intent and loan proposals.
• Assist in the annual collection of financial information from commercial loan customers.
• Review maturity reports to ensure that loan renewals are processed in a timely manner.
• Review loan repricing reports to assist Banking Officers to identify possible loan modifications ore refinances.
• Assist in opening deposit accounts for loan customers.
• Work with Banking Officers to identify cross-selling opportunities within the portfolio.
• Provide support and direct contact with customers of Banking Officers when needed.
• Other duties as assigned.

Supervisory Responsibilities

• Portfolio Manager I and Portfolio Manager II

Qualifications

• Ability to adapt easily to new and emerging technologies, changes in regulations, product changes, and Bank policy and procedure adjustments.
• Ability to read, analyze, and interpret industry information such as customer financial statements, tax returns and complex technical documents.
• Possess excellent verbal and non-verbal communication and presentation skills, with the ability to effectively present information to management.
• Provide excellent customer service while exhibiting dedication to Forcht Bank’s mission, vision and values.
• Proficient in the use of all Microsoft Office Products, in particular Word and Excel; Bank information systems; Laser Pro and internet research when appropriate.
• Extensive background in financial institution operating policies and procedures and banking regulations including a thorough understanding of financial institution products and services.
• Ability to effectively present information to management in verbal and written format.

EOE

We are committed to ensure fair and equal treatment for everyone we employ and as such, we are a proud Equal Opportunity Employer. We value diversity and believe employment, training, and promotional opportunities should be available to all persons without regard to race, color, gender (including gender nonconformity, gender identity, status as a transgender individual, and sexual orientation), sex (including pregnancy), age, religion, national origin, ethnicity, physical or mental disability, genetic information, political affiliation, protected veteran status or membership in the armed services, or any other consideration that is protected by applicable federal ,state, and local law.

• Ability to work with a team and members of other departments of known concepts.
• Ability to follow prescribed and detailed procedures to solve moderately complex problems and collect data, establish facts and draw valid conclusions.
• Ability to give full attention to what other people are saying; taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.
• Ability to communicate orally to offer to others to convey information effectively.
• Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar including the ability to comprehend written sentences and paragraphs in work related documents.
• Ability to use logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
• Ability to manage time and to be efficient and effective in the completion of assignments.

Physical Demands And Abilities

• The ability to listen to and understand information and ideas presented through spoken words and sentences.
• The ability to communicate information and ideas in speaking and writing so others will understand.
• The ability to identify and understand the speech of another person.
• The ability to see details at close range (within a few feet of the observer).
• Ability to stand for long periods.
• Ability to stand, bend, and lift up to 10 pounds.
• Ability to operate standard business equipment such as fax, computer, printer, copier, etc.
• Ability to look at a computer screen for long periods of time.
• Ability to regularly travel to other locations.
• Must be able to work on a flexible schedule that at times may include late working hours or weekend hours.

Required Education And/or Experience

• Bachelor’s degree in Business, Finance, Accounting, Sales, Communications, or a degree which would have taught the skills relevant to the position. Relevant work experience may be substituted in lieu of education.
• Ten (10) years of experience in the financial services industry or an occupation that required superior customer service skills, client interaction that may include business and/or retail loan underwriting, managing and loan portfolio monitoring. Banking, management, or retail sales experience is preferred but not required.
• Extensive knowledge of bank operations, procedures and regulations.

Other Requirements

• May be required to attend activities outside the bank to stay abreast of new developments, best practices, civic activities, and statutory and regulatory changes.
• Pursuant to the Drug Free Workplace Act of 1988, all employees must remain drug free and alcohol free when reporting to work and while engaged in any work related activities.
• Must comply with all Bank Secrecy Act rules, regulations and requirements.