Commercial Loan Portfolio Manager I

Columbia Bank Northeast; Edison (NJ); Hybrid; USD 90.000 - 120.000; Vollzeit

Zusammenfassung

Columbia Bank is seeking a Commercial Loan Portfolio Manager I to oversee a portfolio of commercial loans and partner with Lenders and Credit teams. The role emphasizes covenant tracking, financial analysis, and timely documentation to support underwriting and loan decisions.

The role requires a Finance-related bachelor’s degree and 3–5 years of Commercial Banking/credit experience, with strong communication and organizational skills.

Qualifikationen

• Bachelor’s degree in Finance, Accounting, Management, or related field.
• 3-5 years of related Commercial Banking and/or Commercial Credit experience.
• Effective written and verbal communication skills.
• Considerable attention to detail.
• Formal credit training and strong credit risk assessment skills.
• Organizational skills.
• Ability to develop constructive and cooperative relationships.
• Working knowledge of covenant tracking systems.

Aufgaben

• Manage a portfolio of commercial loans and monitor performance.
• Collaborate with Commercial Lenders on portfolio maintenance, renewals, and documentation.
• Review monthly maturity reports and prepare extension memos.
• Prepare Pre-Cams for renewals and modifications and submit to underwriting.
• Support Lenders with required information for underwriting and loan placement.
• Analyze financial statements and conduct debt service calculations.

Kenntnisse

Communication

Attention to detail

Credit risk assessment

Organizational skills

Relationship building

Excel

Microsoft Word

Ausbildung

Bachelor's degree in Finance, Accounting, Management, or related field

Tools

Covenant tracking systems

Core banking systems

General ledger platforms

Microsoft Excel

Microsoft Word

Jobbeschreibung

Columbia Bank is a full-service consumer and commercial bank serving individuals, businesses, and communities across New Jersey, Staten Island, and Brooklyn. Through our banking, title, insurance, and wealth management businesses, we provide a broad range of financial solutions tailored to our customers’ needs. We are also committed to strengthening the communities we serve through employee volunteerism, community partnerships, and the Columbia Bank Foundation.

Why this Role Matters

The Commercial Loan Portfolio Manager I is responsible for all aspects of managing a portfolio of commercial loans. The incumbent interacts with customers to maintain and enhance business relationships. The Commercial Loan Portfolio Manager I works with Commercial Lenders in regard to all aspects of loan origination, portfolio management and follow up, including: information compilation and review, submission of loans to the Credit Department, covenant monitoring, renewals, extensions, interest rate modifications, file documentation, exception resolution, delinquencies, etc.

What You’ll Deliver/Areas of Impact

• Management of a Commercial loan portfolio.
• Works with a team of Commercial Lenders regarding Commercial portfolio maintenance activities including maturity monitoring, renewals, interest rate modifications and documentation collection.
• Reviews monthly maturity reports, requests updated financial information, and prepares extension memos, as required.
• Prepares Pre-Cams for all renewals and modifications and submits to underwriting.
• Provides support to Lenders to ensure that all information needed to place a loan into underwriting is received.
• Interacts with customers to maintain and enhance business relationships.
• Spreads financial statements, performs debt service calculations and pre-screens new loan requests and modifications alongside Lending Officer.
• Performs analysis of financial and related data for credit worthiness and merits of loan requests as well as periodic reviews of customer financials.
• Reviews Credit Risk Review Reporting and Loan Documentation Exception reports, assists Lenders with clearing of exceptions.
• Acts as a liaison between the Credit, Lending, Risk and Loan Servicing Departments as well as customers during the collection, underwriting, approval, and servicing stages of the loan submission, as needed.

Covenants

• Regularly monitors, maintains, and updates their respective covenant tracking database.
• Determines if loan covenants are met and quickly escalates issues, as appropriate.
• Follows up with borrowers for needed information, and notifies Lenders when information is not provided in a timely manner.
• Monitors monthly, quarterly, and annual reports to track periodic reporting assigned to any given loan relationship.

Monitoring and Recommendations

• Along with commercial lenders, provides recommendations as to loan restructuring, implementing legal collection action, or referral of the loan to the Special Assets Department.

Industry Knowledge

• Maintains current knowledge of OCC Regulations, local and national economic, financial political and legislative trends. Determines the possible impact on commercial lending activities.
• Maintains the ability to train and develop new team members.

Other Responsibilities

• Performs other job-related duties as may be assigned.

What You’ll Need to Succeed

• Bachelor’s degree in Finance, Accounting, Management, or related field.
• 3-5 years of related Commercial Banking and/or Commercial Credit experience.
• Effective written and verbal communication skills, both internally and externally.
• Considerable attention to detail.
• Formal credit training and strong credit risk assessment skills
• Organizational skills.
• Ability to develop constructive and cooperative relationships.
• Skilled in Microsoft Office applications including Excel and Word.
• Working knowledge of covenant tracking systems.

Technology Qualifications

• Experience preparing audit supporting documents.
• Experience with general ledger reconciliations in compliance with FDCIA and Sarbanes-Oxley.
• Experience supporting or responding to internal and external audit requests. Understanding of US GAAP, banking regulations, and accounting principles.
• Proficiency in Microsoft Excel.
• Experience working with core banking systems and general ledger platforms.

How We Take Care of You

Build a stronger future for yourself, your family and the communities we serve. At Columbia Bank, meaningful work comes together with a collaborative and rewarding culture, opportunities to learn and grow, and a total rewards package designed to support your health, financial security and overall wellbeing. Benefits include healthcare choice, retirement savings with company support, employee ownership, wellness resources, education and student loan programs, paid time off and financial protection. Join a company where your contribution is valued, your growth is supported and your career can make a meaningful impact.

The hours that you will dedicate to work

This position currently follows a hybrid schedule of 3 in-office days and 2 remote days per week. Effective January 4, 2027, the schedule will transition to 4 in-office days and 1 remote day per week. Hybrid work arrangements are subject to business needs and may change.