Commercial Loan Portfolio Manager

Union Bank of VT & NH; Morristown (VT); On-site; USD 60,000 - 75,000; Full time

Job summary

Union Bank of VT & NH is seeking a Commercial Loan Portfolio Manager to work with assigned lenders to develop new loan requests, including lines and letters of credit renewals, close loans, and monitor delinquent accounts. You will gather borrower information, perform financial analysis, and prepare periodic reviews for both new and existing customers with a portfolio risk aligned to the bank's objectives.

You will interact with customers, Credit Analysts, and Loan Assistants to meet customer

Qualifications

• BS or BA in Business Management or 5 years banking/accounting experience.
• Minimum of 1 year banking experience.
• Good organizational, problem solving, and analytical skills.
• Excellent written and verbal communication and interpersonal skills.
• Knowledge of credit and lending processes and underwriting methods preferred.
• Knowledge of commercial loan products and banking services preferred.

Responsibilities

• Develop new loan requests including lines and letters of credit renewals, closing loans and following up on delinquent loans.
• Request borrower financial information, perform financial analysis and prepare periodic reviews for new and existing customers with a portfolio risk profile aligned with Union Bank’s objectives.
• Interact with customers, Credit Analysts, and Loan Assistants to meet or exceed customer needs; monitor credit performance.
• Develop knowledge of commercial lending, credit analysis, and loan documentation through on-the-job and formal training.

Skills

Banking experience

Analytical skills

Organizational skills

Communication skills

Problem solving

Interpersonal skills

Education

BS or BA in Business Management

Job description

Description

This position may be performed at different branch locations based on office availability.

As a Commercial Loan Portfolio Manager, you will be responsible for working directly with an assigned commercial lender(s) to assist in developing new loan requests (including lines and letters of credit renewals), closing loans, following up on delinquent loans, requesting borrower financial information, performing financial analysis, and preparing periodic reviews for new and existing customers, with a portfolio risk profile consistent with Union Bank’s objectives.

You will interact directly with customers, Credit Analysts and Loan Assistants to meet or exceed the needs of the Bank’s customers. You have a key role in monitoring credit performance, working with loan review and regulatory agencies and underwriting on existing customer portfolios.

In this position, you are encouraged to develop a knowledge base of commercial lending, credit analysis and commercial loan documentation. This will consist of a combination of on-the-job, classroom, and online training.

Requirements

• BS or BA in Business Management or 5 years of banking and/or accounting experience.
• Minimum of 1 year banking experience.
• Good organizational, problem solving, and analytical skills.
• Excellent written and verbal communication and interpersonal skills.
• Knowledge of credit and lending processes, practices, and techniques preferred but not required.
• Knowledge of generally accepted commercial loan credit analysis and underwriting methods and criteria preferred but not required.
• Knowledge of commercial loan products and banking services preferred but not required

Salary description

$60,000 - $75,000 / annually