Commercial Lending Portfolio Manager

ADP, Inc.; Plymouth (MN); On-site; USD 74,000 - 91,000; Full time

Benefits offered by this job

Health insurance

Paid time off

401(k) with match

Life insurance

Education reimbursement

Career development

Employee discounts

Disability insurance

Job summary

TruStone Financial Credit Union in Plymouth, MN is seeking a Commercial Lending Portfolio Manager to lead the loan portfolio, monitor covenants, and ensure compliance while delivering strong customer service.

The role requires a Bachelor's degree, 5+ years in commercial real estate lending, 3+ years of management, and proficiency with Microsoft Office. Work hours are 40 per week, Monday–Friday, at our Plymouth office.

Qualifications

• Bachelor's degree in Business or related field, or equivalent work experience.
• 5+ years of related experience, preferably in the commercial real estate industry.
• 3+ years of management experience in a related business environment.
• Proficiency with Microsoft Office Suite and Outlook/email.
• Strong written and verbal communication; ability to multitask.

Responsibilities

• Manages the commercial loan portfolio to maintain high quality.
• Leads Portfolio Specialists, monitors covenants and defaults.
• Prepares department reports and materials for yearly exams.
• Services participation loans and ensures regulatory compliance.
• Provides internal/external customer service support as needed.

Skills

Interpersonal skills

Project management

Team player

Professionalism

Excellent communication

Education

Bachelor's degree in Business or related

Tools

Microsoft Office

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.

Full Time Plymouth, MN, US

4 days ago Requisition ID: 2876

Salary Range: $73,500.00 To $91,000.00 Annually

WHAT YOU’LL DO:

The Commercial Lending Portfolio Manager manages the commercial loan portfolio to ensure a high level of quality. This positon leads Portfolio Specialist(s), monitors loan covenants, prepares and monitors department reports, monitors defaults and delinquency, prepares materials for yearly exams, services participation loans, and maintains compliance with regulations, policies, and procedures. This position is also responsible for providing assistance with various commercial lending tasks as needed and demonstrating a strong internal and external customer service focus throughout.

WHAT YOU’LL BRING:

Availability to work 40 hours per week Monday through Friday between the hours of 8:00am – 5:00pm at our Plymouth Corporate Office location; exempt.

In addition:

• Bachelor’s degree, preferably in Business or related, or equivalent work experience.
• 5+ years of related experience, preferably in the commercial real estate industry, with an acceptable track record.
• 3+ years of management experience in a related business environment.
• PC proficiency with Microsoft Office Suite, Internet, and Outlook/E-mail or equivalents.
• Excellent written and verbal communication skills.
• Proven project management skills in a multi-tasking environment, to include organizing and prioritizing work.
• Ability to work individually and as a team player, being flexible and dependable.
• Ability to work in a complex, rapidly changing environment.
• A high level of professionalism while displaying strong interpersonal skills.
• Maintains awareness of enterprise compliance requirements, including Bank Secrecy Act (BSA/AML) obligations, and follows internal policies and escalation protocols as applicable.
• Ability to pass a pre-employment drug test and various background checks.
• Regular and reliable attendance at the workplace.

WHO WE ARE:

TruStone Financial is a member-owned credit union offering comprehensive, straightforward, and competitive financial solutions designed to support our members’ financial health. Established in 1939 by a group of teachers, TruStone Financial has grown into Minnesota’s second-largest credit union. With over 550 dedicated employees, we serve more than 200,000 members across 23 branches in Minnesota and Wisconsin. Our vision is to deliver exceptional financial experiences, and to achieve this, we need exceptional people! Join our expanding team and help us fulfill our mission to engage, educate, and inspire members toward lifelong financial well-being.

WHAT WE OFFER:

The salary range for this position is $73,500 to $91,000.00 per year. In addition, we offer:

• Competitive pay and incentive programs for all positions.
• Health insurance with the ability to choose which plan option is best for you – a Traditional Health Plan or Health Savings Plan.
• Affordable dental and vision insurance coverage.
• Earn 22 days of paid time off annually for full-time employees with an equivalent accrual for part-time employees – and, the longer your tenure, the more PTO you’ll have to enjoy.
• 10+ paid holidays each year.
• Up to 16 hours of paid time annually to volunteer for organizations you are passionate about.
• 401(k) with 50% employer match on the first 6% you contribute – plus, after one year of service, an additional 3% safe harbor employer contribution that is immediately 100% vested regardless if you are contributing or not.
• Eligibility for profit sharing opportunities in the form of a contribution to your 401(k) account.
• Employer-paid Short Term and Long Term Disability benefits.
• Employer-provided life insurance up to 2.5x your base salary with the option to purchase additional coverage for yourself, spouse and eligible dependents.
• Reimbursement for higher education expenses of up to $5,250 per calendar year (including tuition, books and activity fees).
• Career development opportunities – including our STEP job shadow program, TruStone Academy certification courses, Mentorship Program and more.
• Special employee discounts when you join TruStone Financial as a credit union member.
• Employee activities, events, discounts, and many other great benefits and perks!

TruStone Financial Credit Union is an affirmative action and equal opportunity employer of protected veterans, individuals with disabilities and all protected classes.