C&I Portfolio Manager

ADP, Inc.; New York (NY); On-site; USD 90,000 - 100,000; Full time

Job summary

Alma Bank in Astoria, NY is seeking an experienced C&I Portfolio Manager to oversee a Commercial & Industrial loan portfolio, perform credit analytics, assess risk, and prepare credit approval memorandums and client reporting.

The role requires strong credit ability, excellent communication, and a detail-oriented mindset to manage portfolio strategy and customer requests. Bank polices govern underwriting and portfolio management.

Qualifications

• Strong analytical and credit underwriting skills.
• Ability to analyze financial statements, tax returns, and appraisals.
• Excellent communication and time-management abilities.
• Detail-oriented with accuracy and thoroughness.

Responsibilities

• Monitor credit risk and performance of the C&I loan portfolio and suggest upgrades/downgrades.
• Manage assigned loan portfolio per bank policy and service standards.
• Request information for annual loan reviews and analyze leases, appraisals, and cash flows.
• Monitor financial reporting and loan covenants compliance.
• Maintain client relationships through regular communication.
• Assist with credit analysis for new client engagements.
• Remain knowledgeable of lending policies and identify policy exceptions.
• Participate in projects or reporting and system maintenance.
• Attend meetings or calls on transactions.

Skills

Credit analysis

Analytical skills

Communication

Multitask

Independent work

Tools

MS Office Suite

Job description

If you are unable to complete this application due to a disability, contact this employer to ask for an accommodation or an alternative application process.

Active - Regular Astoria, NY, US

Salary Range: $90,000.00 To $100,000.00 Annually

Alma Bank, headquartered in Long Island City, New York and having 13 branches located throughout Queens, NYC, New Jersey, Brooklyn and the Bronx, brings personal service back to personal banking. We have genuine banking professionals ready to serve our customers, and offer a full range of products and services. Alma delivers a private banking style experience to our business banking customers. Come join our winning team!

Alma Bank is currently looking to hire an experienced C&I Portfolio Manager.

Summary:

The C&I Portfolio Manager is responsible for the management of assigned Commercial & Industrial (C&I) loans in the portfolio, including credit analytics, assessing credit risk, writing credit approval memorandums portfolio strategy, managing customer requests, and client reporting.

The position requires strong credit ability, excellent communication skills, and a detail-oriented personality.

Daily Responsibilities Include the Following:

• Monitor and evaluate the credit risk and performance of the C&I loan portfolio by performing reviews of the loan portfolio to determine credit worthiness and recommending the appropriate loan upgrades/downgrades.
• Manage assigned loan portfolio within Bank policy and customer service standards.
• Request information when due for annual loan review; analyze leases, operating statements, and property appraisals; structure and underwrite new credit requests and renewals, which may include customer meetings and property inspections as needed.
• Monitoring of financial reporting requirements and loan covenants compliance.
• Management of client relationships via consistent communication.
• Assistance with credit analysis of new client relationships.
• Maintain good working knowledge of the Bank's lending policies/procedures and identify exceptions to credit policy.
• Participate in special projects or reporting.
• Prepare systems maintenances.
• Attend meetings and/or conference calls on transactions.

Qualifications:

• Strong analytical and critical thinking skills.
• Excellent analytical/credit underwriting skills; ability to analyze financial statements, property cash flow projections, tax returns, credit reports, appraisals, and personal financial statements.
• Ability to multitask and meet deadlines.
• Ability to work independently.
• Ability to adapt to a bank's databases to research loans and financial documentation.
• Strong communication and interpersonal skills; speaks and writes clearly and effectively.
• Thorough knowledge of MS Office Suite, including Word, Excel, Power Point, etc.