Commercial Loan Portfolio Manager - Minnetonka / Wayzata

Security Bank & Trust Co.; Minnetonka (MN); On-site; USD 55,000 - 75,000; Full time

Job summary

A community bank is seeking a detail-oriented Commercial Portfolio Manager in Minnetonka to oversee a diverse portfolio of commercial accounts. The ideal candidate will manage loan portfolios, ensure compliance with regulations, and provide exceptional client service. Strong analytical abilities, experience in commercial lending, and effective communication skills are essential. This position offers a competitive salary package and the opportunity for professional growth in a supportive environment.

Qualifications

• Bachelor’s degree in Finance, Business, Economics, or related field preferred.
• Previous experience in commercial banking, credit analysis, or real estate financing strongly preferred.
• Proficient in Microsoft Excel and financial modeling, plus experience with banking software.

Responsibilities

• Manage a portfolio of commercial loans and real estate assets.
• Partner with the Commercial Loan Officer for seamless client service.
• Analyze financial statements and assess credit risk.
• Coordinate collection and tracking of financial covenants.
• Ensure adherence to internal credit policy and regulatory guidelines.
• Collaborate with credit, underwriting, legal, and operations teams.
• Engage with clients to meet their business needs.

Skills

Analytical skills

Communication skills

Understanding of credit risk

Financial statement analysis

Education

Bachelor’s degree in Finance, Business, or Economics

Tools

Microsoft Excel

Banking software

Job description

Job Location: Minnetonka / Wayzata

Position type: Full-time

Yearly Salary: $55,000 - $75,000

We are looking for a detail-oriented and proactive Commercial Portfolio Manager to help oversee a diverse portfolio of commercial accounts. In this role, you will support the sales team, foster strong client relationships, monitor portfolio risk, and ensure account files are accurately maintained and aligned with the company’s financial objectives. The ideal candidate brings strong analytical abilities, solid financial knowledge, and excellent communication skills. Prior experience in commercial lending is preferred.

Responsibilities:

• Portfolio Oversight: Assist in managing a portfolio of commercial loans and real estate assets, ensuring performance aligns with risk standards and portfolio goals.
• Client Relationship Management: Partner closely with the Commercial Loan Officer to provide seamless client service, handling renewals, assisting with loan closings, financial updates, amendments, and follow-ups.
• Credit Analysis & Review: Analyze financial statements and assess credit risk for existing clients; assist in preparing credit memos, risk rating updates, and annual reviews.
• Loan Servicing Support: Coordinate collection and tracking of financial covenants, tickler items, and other ongoing documentation requirements. Assist in preparing preliminary loan documents and ensure accurate booking of closed loans.
• Compliance & Reporting: Maintain adherence to internal credit policy and regulatory guidelines, supporting documentation and audit-readiness across the portfolio.
• Cross-Team Collaboration: Work alongside credit, underwriting, legal, and operations teams to ensure smooth execution of client transactions and portfolio maintenance.
• Client Engagement: Join client meetings and calls as needed to stay informed on their business needs and help deliver a consistent, high-touch relationship experience.

Education and Experience:

• Bachelor’s degree in Finance, Business, Economics, or a related field preferred.
• Previous experience in commercial banking, credit analysis, real estate financing, or a related area strongly preferred.

Qualifications:

• Solid understanding of credit risk, financial statement analysis, and commercial lending practices.
• Strong analytical skills with the ability to interpret complex financial data.
• Excellent communication, presentation, and interpersonal skills.
• Proficiency in Microsoft Excel and financial modeling; experience with banking software is a plus.
• Highly detail-oriented with a strategic mindset and the ability to thrive in a fast-paced environment.

Preferred Attributes:

• Proven ability to manage multiple priorities effectively.
• Familiarity with bank regulatory requirements and compliance standards.
• Collaborative and team-oriented, with strong relationship-building skills.
• Comfortable engaging with clients and internal teams across multiple functions.