Commercial Loan Portfolio Manager - CRE

Socket.dev; West Palm Beach (FL); On-site; USD 85,000 - 120,000; Full time

Benefits offered by this job

World class health, vision, and dental

401k with employer match

Hybrid work from home (role-dependent)

Employee appreciation events

Wellness programs and EAP

Job summary

ConnectOne Bank is seeking a Commercial Loan Portfolio Manager to oversee a portfolio of commercial loans and oversee relationships, including modifications, revisions, and annual reviews.

You will monitor documentation, analyze borrower financials, and support credit decisions while maintaining strong client relationships. The role offers a hybrid work model and advancement opportunities within a growing bank.

Qualifications

• Strong People First orientation and professional demeanor.
• Outstanding communication and interpersonal skills.
• Familiarity with bank security and safety practices.
• Knowledge of CNOB products, services and credit policy preferred.
• Credit Training.
• Knowledge of relevant Federal and State banking regulations.
• Strong management skills.
• Conflict resolution experience.
• Proficient with Microsoft Office Applications.
• 5-7 years of commercial lending or credit analysis experience.

Responsibilities

• Support the Bank’s “People First” focus and rules of engagement—maintaining a professional demeanor and providing excellent client service.
• Build and maintain a system to monitor loan documentation and keep loan files current.
• Develop customized reporting for loan segments, including quarterly reports for sizable notes and substandard accounts.
• Assist in early detection and identification of deteriorating credits and recommend appropriate actions.
• Serve as liaison with outside loan review services.
• Ensure accuracy and maintenance of customer records and files; update as needed.
• Pay attention to credit policy, exceptions, and risk management metrics.
• Coordinate with credit department for in-depth financial analyses and credit investigations.
• Visit customers with loan officers to maintain relationships and inspect sites.
• Administer existing loans to ensure conformity with terms and documentation.
• Coordinate with operations to ensure loan payments are collected and recorded.
• Develop new business by expanding existing relationships and bringing new clients.

Skills

People First

Communication

Banking regulations

Credit analysis

Microsoft Office

Tools

nCino platform

Google Workspace

Job description

Description

About us:

ConnectOne Bank proves that putting people first is a better way to do business. At ConnectOne, we’re builders — of businesses, communities, and equity. Most importantly, we’re building opportunities. Our mission is to ensure our employees feel empowered to make important decisions, reach their potential and truly make an impact.

ConnectOne is a growth organization by design; it is part of our DNA and we take pride in seeing our employees grow with us. Founded in 2005 by an entrepreneur, we have grown into a high-performing commercial bank, inspiring a new model for our industry’s future. By embracing technology and all the ways it can help us become a world-class service organization, we support small business owners by fueling their mission.

People First is the blueprint for our culture. It is at the foundation of everything we do and the decisions we make. At ConnectOne, you have the opportunity to be a part of a dynamic culture and team. Develop your forward-thinking skills, thrive in an entrepreneurial setting, and succeed at “a better place to be”.

ConnectOne Bank is an Equal Housing and Equal Opportunity Lender, and a member of the Federal Deposit Insurance Corporation.

About this role:

The Commercial Loan Portfolio Manager manages and monitors a portfolio of Commercial loans and personally manages loan relationships, including loan modifications, revisions, and annual reviews. The incumbent is responsible for a portfolio of commercial real estate clients consisting of both commercial and residential developers, builders, owner-occupied properties, and real estate investors.

In this role you will:

• Support the Bank’s “People First” focus and rules of engagement—maintaining a professional demeanor, working as an active member of the CNOB team, providing all clients excellent service, always striving to make CNOB “A Better Place to Be”.
• Build and maintain a system to monitor receipt of relevant commercial loan account documentation; keep loan files current as to borrower and guarantor financial statements, tax returns, rent rolls, leases and related matters.
• As needed, maintain and develop customized reporting that provides in-depth analysis of the various segments within the commercial loan portfolios (including quarterly FASB 114/118 reports for all commercial accounts with notes of $1 million and more, and all substandard commercial accounts with balances of $200,000 or more).
• Assist in the early detection and identification of deteriorating credits and recommend proper course of action.
• Serve as a liaison with outside loan review service companies.
• Ensure accuracy and maintenance of customer records and files; update information as needed.
• Pay specific attention to credit policy, exception, and risk management based on common metrics.
• Coordinate with the credit department to perform in-depth financial analyses and credit investigations to make credit decisions, online extensions, and other loans.
• Visit customers independently and with commercial loan officers to maintain strong business relationships and perform periodic inspections at customer sites to audit accounts and ensure adherence to loan agreements and terms.
• Administer existing loans to ensure complete conformity with terms and adequacy of documentation, including preparation of criticized asset reports and review memos.
• Coordinate with operations and processing areas to ensure loan payments are collected and recorded.
• Develop new business for the Bank by expanding existing client relationships and bringing new relationships into the Bank.

Must haves:

• Strong “People First” interest and ability.
• Outstanding communication and interpersonal skills.
• Familiarity with Bank security and safety practices.
• Knowledge of CNOB products, services and credit policy preferred.
• Credit Training.
• Knowledge of relevant Federal and State banking regulations.
• Strong management skills.
• Conflict resolution experience.
• Proficient with Microsoft Office Applications.
• 5-7 years of commercial lending or credit analysis experience.

Bonus Points For:

• Working knowledge of the nCino platform.
• Familiarity with Google application suite.

Additional information

Benefits:

• World class health, vision, and dental benefits on day one
• 401k with employer match
• Hybrid work from home (depending on role)
• Employee appreciation events (team building, softball games, food truck days, etc..)
• Employee assistance programs (EAP)
• Wellness programs (flu shot, preventive care, health programs and services discounts, etc..)
• Tuition reimbursement
• Employee Discount perks
• CNOB Community Service Events

and much, much more!

Studies have shown that individuals from underrepresented groups, may only apply to roles if they meet 100% of the qualifications. Roles evolve over time, especially with innovation, and you may be just the person we need. We hope you're open to learning new skills and growing with us. We encourage you to apply to continue making us “a better place to be!”.

ConnectOne Bank is an equal opportunity employer and does not discriminate with respect to any term, condition or privilege of employment based on race, color, religion, sex, sexual orientation, gender identity or expression, age, disability, military or veteran status, marital status, or status of an individual in any group or class protected by applicable federal, state, or local law.

ConnectOne Bank also provides reasonable accommodations for qualified individuals with disabilities in accordance with the Americans with Disabilities Act and applicable state and local laws. If an accommodation is needed to participate in the job application or interview process, please contact Talent Acquisition.