Commercial Portfolio Manager

Nusenda Credit Union; Albuquerque (NM); On-site; USD 90,000 - 120,000; Full time

Benefits offered by this job

Health and wellness options

401(k) matching contributions

Professional development

Job summary

Nusenda Credit Union is seeking a Commercial Portfolio Manager to monitor and service a portfolio of existing commercial banking relationships, ensuring superior service and sound credit quality. You will underwrite, renew, modify, and monitor covenants while coordinating with Commercial Portfolio Administrators.

You will also handle related deposits services and serve as the primary contact for members, delivering timely responses and compliant loan administration.

Qualifications

• Three to five years of similar or related experience.
• Bachelor's degree in Business Administration or related field.
• Knowledge of consultative member service practices for business owners.

Responsibilities

• Act as primary contact for monitoring and servicing an assigned commercial portfolio.
• Coordinate portfolio-related credit activities and preparation of credit memorandums.
• Monitor portfolio performance and identify risks or servicing issues.
• Ensure deposits services for assigned relationships are coordinated with portfolio administrators.

Skills

Consultative member service

Financial statement analysis

CRM proficiency

Loan documentation knowledge

Multitasking and time management

Education

Bachelor's degree in Business Administration

Tools

LaserPro

Job description

Nusenda Credit Union is dedicated to excellent member service and being a great place to work. We strive to make a positive difference in the lives of our members and the communities we serve to help them achieve their financial goals. Diversity, equity, and inclusion are part of our culture and values.

As an employer of choice, we invest in people and their careers. Our competitive employee benefits include several health and wellness options, competitive 401(k) matching contributions, professional development, tuition assistance and more!

Thank you for your interest in joining the Nusenda team!

We are currently looking for a Commercial Portfolio Manager to join our organization. As an Commercial Portfolio Manager, you'll be responsible for monitoring and servicing an assigned portfolio of existing commercial banking relationships to ensure superior service levels, sound credit quality, and timely portfolio administration. You'll coordinate, underwrite, and execute timely loan reviews, renewals, modifications, covenant monitoring, and ongoing portfolio management activities while serving as a primary point of contact for members throughout the portfolio management process with support from Commercial Portfolio Administrators. Also, you'll be responsible for all deposits services for assigned relationships in coordination with Commercial Portfolio Administrators, and partners.

What You'll Do:

Act as the primary point of contact in monitoring and servicing an assigned portfolio of existing commercial relationships, including loan reviews, renewals, modifications, covenant monitoring, financial reporting requirements, ongoing portfolio administration, and responsible for related business deposits for assigned relationships as applicable.

Serve as a primary coordinator and point of contact for members regarding portfolio matters while ensuring superior service levels, timely response to requests, and compliance with loan agreement requirements.

• Coordinate and execute portfolio-related credit activities, including collection of financial information, evaluation of borrower credit performance, preparation of credit memorandums, risk rating recommendations, approval package preparation, and facilitation of credit decisions.
• Monitor portfolio performance, identify emerging risks, exceptions, and servicing issues, and recommend appropriate courses of action.

What You'll Need:

Three to Five years of similar or related experience

• Bachelors Degree in Business Administration or related field

Key Skills and Experience:

• Knowledge of consultative member service practices supporting business owners and commercial borrowers.
• Proficient in analyzing business financial statements and applying foundational accounting principles, including Generally Accepted Accounting Principles and cash-based accounting methods.
• Knowledge of Customer Relationship Management (CRM) platforms, loan documentation systems such as LaserPro Understanding of local market conditions, industry trends, business loan structures, appraisals, title commitments, Uniform Commercial Code filings, and loan documentation requirements.
• Must be able to handle multiple responsibilities, meet deadlines, deal with sensitive information and handle problem resolution.

Nusenda Credit Union is an equal opportunity employer. All aspects of employment including the decision to hire, promote, discipline, or discharge, will be based on merit, competence, performance, and business needs. We do not discriminate on the basis of race, color, religion, marital status, age, national origin, ancestry, physical or mental disability, medical condition, pregnancy, genetic information, gender, sexual orientation, gender identity or expression, veteran status, or any other status protected under federal, state, or local law.

Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws.For further information, please review the Know Your Rights notice from the Department of Labor.