C&I Portfolio Manager

ALMA Bank; New York (NY); On-site; USD 90,000 - 100,000; Full time

Benefits offered by this job

401(k) matching

Medical/dental/vision insurance

Disability and life insurance

Long-term care options

Job summary

Alma Bank in Astoria, NY, is seeking an experienced C&I Portfolio Manager to oversee assigned Commercial & Industrial loans, perform credit analytics, assess credit risk, and prepare credit approval memorandums and portfolio strategies. The role requires strong credit ability and clear communication skills.

Daily duties include monitoring risk and performance, reviewing annual loans, and maintaining adherence to bank policies, while building client relationships and supporting new credit

Qualifications

• Bachelor’s degree in accounting, finance, or business.
• Experience in C&I credit analysis.
• Ability to analyze financial statements and tax returns.
• Excellent communication and multitasking skills.
• Knowledge of bank lending policies.

Responsibilities

• Monitor and evaluate the credit risk and performance of the C&I loan portfolio; recommend upgrades/downgrades.
• Manage assigned loan portfolio within Bank policy and customer service standards.
• Request information for annual loan reviews; analyze leases, operating statements, and appraisals; structure and underwrite new credit requests.
• Monitor financial reporting requirements and loan covenants compliance.
• Manage client relationships through consistent communication.
• Assist with credit analysis of new client relationships.
• Maintain working knowledge of lending policies and identify policy exceptions.
• Participate in special projects or reporting; prepare systems maintenance.
• Attend meetings and conference calls on transactions.

Skills

Credit analysis

Financial statement analysis

Risk assessment

Credit underwriting

Communication skills

MS Office

Education

Bachelor’s degree in Accounting or Finance

Tools

MS Office Suite

Job description

Active - Regular Astoria, NY, US

8 days ago Requisition ID: 1394

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.

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.
• Strong organization skills.
• Ability to multitask and meet deadlines.
• Ability to work independently.
• Ability to adapt to a bank's databases to research loans and financial documentation.
• Attention to detail.
• Strong communication and interpersonal skills; speaks and writes clearly and effectively.
• Thorough knowledge of MS Office Suite, including Word, Excel, Power Point, etc.

Familiarity with Banking and Banking laws and regulations.

Education and/or experience:

• Bachelor’s degree from a four-year College or University is required, preferably in Accounting, Finance or Business Administration.
• Previous experience in C&I credit analysis with a financial institution is required.
• Previous experience in leveraged financing credit analysis is preferred.

Benefits:

• Salary commensurate with experience. ($90,000 - $110,000)
• Alma Bank employees work in an open and collaborative environment.
• Alma Bank Offers its eligible employees a generous matching 401(k), excellent healthcare coverage (medical/dental/vision), short and long-term disability, life insurance and long-term care options.

Alma Bank is an Equal Opportunity Employer that welcomes and encourages all applicants to apply regardless of age, race, sex, religion, color, national origin, disability, veteran status, sexual orientation, gender identity and/or expression, marital or parental status, ancestry, citizenship status, pregnancy or other reason protected by law.