Commercial Portfolio Manager

Camden National Corporation; Northern (KY); Hybrid; USD 79,000 - 117,000; Full time

Job summary

Camden National Corporation seeks a Commercial Portfolio Manager I to partner with Commercial Banking Officers and Directors of Commercial Banking, managing a portfolio of loan relationships. Under the Team Leader, you will apply underwriting skills to ensure adherence to loan policy, financial analysis, and risk evaluation.

Responsibilities include monitoring covenants, requesting financial data, assisting with closings, and preparing term sheets.

Qualifications

• 1-2 years of commercial underwriting experience.
• Knowledge of commercial banking products including construction lending, asset-based lines of credit and letters of credit.

Responsibilities

• Monitor the performance of existing commercial customers within an assigned portfolio to ensure compliance with covenants, financial condition and risk rating.
• Discuss any perceived weakness or potential credit problems with the Banking Officer, Director of Commercial Banking and/or other appropriate parties.
• Independently request and follow up borrowers’ submission of financial information on a monthly, quarterly or annual basis as it applies.
• Prepare term sheets and commitment letters in accordance with the approval document.
• Assist with renewals or modifications to existing loans within the portfolio.
• Train new team members as needed.

Skills

Underwriting

Financial analysis

Communication skills

Time management

Team collaboration

Education

Bachelor’s degree (B.A.)

Job description

**Position Summary:**Under the direction of the Commercial Portfolio Manager Team Leader the Commercial Portfolio Manager I partners with designated Commercial Banking Officers and Directors of Commercial Banking to successfully manage and maintain commercial loan relationships. The Portfolio Manager I applies their underwriting skills to ensure adherence to loan policy, financial analysis, risk evaluation and continued portfolio maintenance activities for an assigned portfolio of commercial loan customers.**Essential Duties and Responsibilities:*** Monitor the performance of existing commercial customers within an assigned portfolio to ensure compliance with covenants, financial condition and risk rating.* Discuss any perceived weakness or potential credit problems with the Banking Officer, Director of Commercial Banking and/or other appropriate parties.* Independently request and follows up in a timely manner the borrowers’ submission of financial information on a monthly, quarterly or annual basis as it applies.* Analyze work to conform to regulatory guidelines and Bank policies. Ensure compliance with applicable regulations including, but not limited to, Reg B and HMDA.* Assist the Commercial Banking Officers with more advanced transactions including preparing loan requests for the underwriting process.* Assist commercial banking officers with preparation for loan closings by reviewing loan documentation.* Prepare term sheets and commitment letters in accordance with the approval document.* Assist with any renewals or modifications to existing loans within the assigned portfolio.* Work directly with customers and Commercial Banking Officers on construction disbursement requests ensuring required documentation is obtained.* Perform routine, thorough annual reviews of relationships in an assigned loan portfolio to ensure accurate risk grades and data integrity at all times.* Perform site inspections as required.* Train new team members as needed.**Basic Qualifications***:** 1-2 years of commercial underwriting experience with the capacity to evaluate strengths and weaknesses of a wide variety of credit facilities* Knowledge of commercial banking products including but not limited to construction lending, asset based lines of credit and letters of credit**Preferred Qualifications:*** Extensive knowledge of commercial lending policy including all applicable regulations and laws* 3 + years of commercial banking experience* Bachelor’s degree (B.A.) from a four year college or university**Skills and Abilities:*** Ability to think critically and approach challenges and issues with a problem solving mindset* Strong collaboration skills to effectively work with groups or individuals across the organization to effectively manage commercial relationships* Perform functions of the role with minimal oversight and minimal supervisory intervention* Ability to work independently and as part of a team* Strong written and verbal communication skills* Efficient time management skills* Excellent organization skills and attention to detail* Comfortable in customer contact situations* Proactively and creatively takes initiative to meet commercial group goals**Supervisory Skills:*** This position does not have any supervisory responsibilities**Career Path and Job Family:*** Commercial Banking Officer* Credit Administration***The statements contained herein reflect general details as necessary to describe the principle functions for this job, the level of knowledge and skill typically required, and the scope of responsibility, but should not be considered an all-inclusive listing of work requirements. Individuals may perform other duties as assigned, including work in other functional areas to cover absences or to equalize peak work periods to balance workloads.***We encourage candidates to consult with their Talent Partner throughout the recruiting process to better understand how their experience aligns with the role, as well as details on compensation and our total rewards offerings. The prospective range of pay we will offer to a successful applicant to this position is $78,550.00-$116,800.00, which represents a good faith estimate of what we expect to offer at the time of posting based on the role’s responsibilities, level and location. Actual starting salary will be determined by the Bank in the Bank’s discretion, and shall depend on the applicant’s experience, skills, education, certifications, as well as other relevant business conditions. Final offers will reflect these considerations and may vary accordingly.