Commercial Loan Portfolio Manager

Minnesota Bankers Association; Richfield (MN); Hybrid; USD 90,000 - 115,000; Full time

Benefits offered by this job

Medical, Dental, and Vision

HSA with generous company contribution

401(k) plan with company contribution

12 Paid holidays

Job summary

A regional bank is seeking a Commercial Loan Portfolio Manager in Richfield, MN. This role involves analyzing and underwriting commercial loans while supervising the loan renewal cycle. Ideal candidates will have a Bachelor’s degree or MBA and 5+ years of commercial underwriting experience. The position offers a hybrid work schedule and a competitive salary range of $90,000 to $115,000, plus benefits including medical, dental, and a 401(k) plan.

Qualifications

• Bachelor’s degree with formal credit training or MBA.
• 5+ years of experience in Commercial underwriting and Credit Administration activities.
• Experience as a Portfolio Manager in a Commercial Banking setting preferred.

Responsibilities

• Analyzes and underwrites Commercial customers and credit products.
• Supervises the loan renewal cycle.
• Develops strong relationships with client banks and borrowers.

Skills

Analytical thinking

Financial and risk analysis

Communication skills

Technical aptitude

Problem-solving

Education

Bachelor’s degree with formal credit training or MBA

5+ years in Commercial underwriting and Credit Administration

Job description

Commercial Loan Portfolio Manager

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. The ideal candidate will be located in the Twin Cities and will have the option to work a hybrid schedule in the office 3 days per week, Tuesday – Thursday, after the initial training period.

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.

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

Pay Range

• $90,000.00 - $115,000.00 Salary; depending on education, qualifications, experience
• Annual bonus target: 8% of annual pay dependent on company and personal performance

Education & Experience

• Bachelor’s degree with formal credit training or MBA
• 5+ years of experience in Commercial underwriting and Credit Administration activities.
• 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

Equal Employment Opportunity Statement

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.