Commercial Loan Portfolio Manager

United Bankers' Bank; Bloomington, Cary (IN, MN, NC); Hybrid; USD 85,000 - 100,000; Full time

Job summary

Join a forward-thinking financial institution as a Commercial Loan Portfolio Manager, where your analytical skills and passion for finance will drive success in managing a diverse loan portfolio. This role offers the opportunity to work collaboratively with a dynamic lending team, ensuring compliance and fostering strong relationships with clients. With a competitive salary and a comprehensive benefits package, this position is perfect for those looking to make a significant impact in the banking industry while enjoying the flexibility of remote work options. Be part of an organization that prioritizes your professional growth and success.

Benefits

Medical, Dental, and Vision

HSA with company contribution

Flexible Spending Accounts

401(k) plan with company contribution

12 Paid holidays

Qualifications

• 5+ years of experience in Credit Administration and Commercial underwriting.
• Knowledge of Commercial credit policies and procedures.

Responsibilities

• Analyzes and underwrites Commercial customers and credit products.
• Supervises the loan renewal cycle and facilitates credit approval.

Skills

Credit Analysis

Financial Analysis

Relationship Building

Problem Solving

Communication Skills

Education

Bachelor's Degree

MBA

Job description

As a Commercial Loan Portfolio Manager at United Bankers' Bank, your analytical thinking, passion for finance, and talent for relationship building will support our dynamic lending team and play a critical role in ensuring the health of our loan portfolio, supervising the renewal cycle, providing strategic recommendations on risk ratings, and driving the success and growth within the UBB lending department

This position is based in Bloomington, Minnesota and will have the opportunity to work remotely up to two days per week.

Essential Responsibilities

• Analyzes and underwrites Commercial customers and credit products that include Commercial Real Estate [CRE], Commercial and Industrial [C&I] businesses, agriculture, bank holding companies and their subsidiary banks and individuals.
• Possesses considerable knowledge of Commercial credit policies, credit analysis, procedures and philosophy.
• Demonstrated financial and risk analysis skills.
• Has experience in structuring various types of Commercial credit and evaluating collateral with respect to value, marketability and control.
• Provides ongoing administration of an assigned loan portfolio including review of the financial and business status of the borrower and recommending risk rating changes when appropriate.
• Supervises the loan renewal cycle and works with the lender to facilitate credit approval and loan documentation as needed.
• Conducts annual reviews as part of ongoing portfolio monitoring.
• Resolves credit problems, delinquent payment issues and other related affairs.
• Monitors loan covenants to ensure compliance and follow-ups on any covenant violations.
• Develops strong relationships and ensures prompt communication with client banks and borrowers via written or verbal correspondence.
• Sends and tracks correspondence and follows up on loan requests in a timely manner.
• Verifies that loan bookings directly correlate with the terms of the approval.
• Assists Credit Administration management in preparing reports on loan portfolio metrics.

Knowledge, Skills & Abilities

• Bachelor's degree with formal credit training or MBA
• 5+ years of experience in Credit Administration activities and Commercial underwriting
• Previous experience as a Portfolio Manager in a Commercial Banking setting preferred
• Excellent verbal and written communication skills
• Technical aptitude
• Problem solving and presentation skills

Benefits

• Medical, Dental, and Vision
• HSA with a generous company contribution
• Medical and Dependent Care Flexible Spending Accounts
• 401(k) plan with a 3% company contribution, plus up to an additional 1% match -Roth option available
• 12 Paid holidays

To continue to learn more about our superior benefits package and apply for this position, please visit our Careers page at https://www.ubb.com/about-us/careers.

Pay Range

• $85,000.00 - $100,000.00 Salary; depending on education, qualifications, experience
• Annual bonus target: 7% of annual pay dependent on company and personal performance

Headquartered in Bloomington, MN and chartered in 1975, United Bankers' Bank (UBB) is the nation's first bankers' bank. Today, UBB has over $1 billion in assets, and is a trusted correspondent banking partner to over 1,000 community banks from the West Coast to the Great Lakes and South Atlantic. Our "First for Your Success" motto is a guiding principle that establishes the success of each and every customer and UBB employee as our number one priority.

United Bankers' Bank is an EEO/AA employer: All qualified applicants will receive consideration for employment without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability, veteran status or any other characteristic protected by law.