Commercial Loan Portfolio Manager

MECU Credit Union; Baltimore (MD); On-site; Full time

Job summary

Join a leading credit union as a Commercial Loan Portfolio Manager. You will support the Business Services team by managing loans, conducting credit analyses, and ensuring compliance. The role offers professional growth opportunities and a commitment to member experience.

Benefits

Medical, Dental, and Vision Coverage

401(k) Plan with Employer Match

Company-Paid Insurance

Tuition Assistance

Employee Assistance Program (EAP)

Parking Discounts

Long-Term Care Insurance

Time Off

Qualifications

• Five or more years of credit analysis and/or commercial lending experience.

Responsibilities

• Manage existing loans and ensure timely actions on maturing loans.
• Prepare Loan Summary/Credit Memo for new loan requests and renewals.
• Coordinate annual term loan reviews with relevant team members.

Skills

Communication

Customer Service

Proactive Mindset

Education

Bachelor's degree in Accounting

Bachelor's degree in Finance

Bachelor's degree in Economics

Tools

Microsoft Word

Microsoft Excel

Job description

Join to apply for the Commercial Loan Portfolio Manager role at MECU Credit Union

Company Summary

MECU is a not-for-profit financial institution committed to helping its members and community by offering high-quality financial products and services.

MECU’s success in empowering our members to improve their financial well-being and live better dates back to 1936. We seek service-oriented professionals who will be champions for our members, treat everyone with respect, find ways to assist our members and co-workers, and help our community be a better place to live.

WE NEVER COMPROMISE THE MEMBER EXPERIENCE - our goal is to provide the absolute best member experience in all interactions and is the number one factor that we use to differentiate ourselves from our competition.

Position Summary

As a key member of our Business Services team at MECU, you will support relationship managers and the department by facilitating underwriting and monitoring of credits, including line renewals, maturing loan assessments, and term loan reviews. Your responsibilities include managing existing loans, ensuring timely actions on maturing or past due loans, and assisting during loan closings. You will also contribute to special projects under the guidance of the department manager, fostering professional growth and operational excellence.

Essential Duties and Responsibilities

• Prepare Loan Summary/Credit Memo, liaising with stakeholders for new loan requests and renewals.
• Manage maturing loans, prepare extension requests, and conduct credit analyses.
• Coordinate annual term loan reviews with relevant team members.
• Maintain updated loan files with financial information and memos.
• Respond to internal audits and loan reviews, ensuring compliance.
• Assist in managing Criticized Asset Reports and support risk management.
• Ensure proper risk rating and complete documentation for risk adjustments.
• Coordinate covenant compliance and secure necessary approvals.
• Review third-party reports such as appraisals and environmental assessments.
• Support Loan Administrator with past due loans and collection activities.
• Participate in sales calls and promote business development.
• Contribute to staff training and knowledge sharing.
• Assist in completing annual site visits for Business Loans.

Qualifications and Requirements

• Bachelor's degree in Accounting, Finance, or Economics preferred; advanced degree advantageous.
• Five or more years of credit analysis and/or commercial lending experience.
• Proficiency in Microsoft Word and Excel.
• Strong communication skills, both oral and written.
• Customer service skills and a proactive mindset.
• Ability to work independently and collaboratively.

Compensation

Salary Range: $34.42 – $51.63 per hour, depending on experience and qualifications.

Benefits at MECU Credit Union

• Medical, Dental, and Vision Coverage
• 401(k) Plan with Employer Match
• Company-Paid Insurance (disability, life)
• Tuition Assistance
• Employee Assistance Program (EAP)
• Parking Discounts
• Long-Term Care Insurance
• Time Off (annual, sick, safe leave)

Physical Demands

Requires sitting, using hands, talking, hearing, occasional standing, walking, reaching, stooping, lifting files/equipment up to 15 pounds regularly, and occasionally up to 25 pounds. Visual requirements include viewing screens for extended periods. Reasonable accommodations available for disabilities.

Equal Opportunity Statement

MECU is an equal opportunity employer and conducts credit, bond, and background checks.