Commercial Portfolio Manager

Peak Credit Union; United States; Remote; USD 93,000 - 106,000; Full time

Benefits offered by this job

Medical, dental, and vision insurance

Life insurance and AD&D

401(k) retirement plan

Paid holidays

Vacation and sick leave

Job summary

Peak Credit Union seeks a Commercial Lending Analyst to support the lending team in managing commercial loan relationships across the portfolio. You will work closely with Commercial Loan Officers on new and existing relationships, perform due diligence, and help produce review memorandums and risk assessments.

The role emphasizes strong credit analysis, regulatory awareness, and cross-functional collaboration to deliver timely credit solutions for members in a remote-capable role across WA and

Qualifications

• High School diploma required.
• Minimum four years' loan underwriting experience, preferably commercial underwriting.
• Abrigo Sageworks software knowledge is preferred.

Responsibilities

• Assist Commercial Loan Officers in managing existing credit relationships.
• Serve as the primary contact for borrowing relationships.
• Support new loan relationships and reviews.
• Coordinate annual reviews and risk-related actions with CLO.
• Prepare loan review memorandums and risk assessments with CLO support.
• Monitor portfolio performance and assist in remediation and credit approvals.

Skills

Interpersonal communication

Negotiation skills

Customer service

Credit analysis

Education

High School

Tools

Abrigo Sageworks

Job description

To maintain a strong connection with our members and local communities and better understand their unique needs , we are currently considering applications from candidates residing in Oregon and Washington for all open positions. We appreciate your understanding as we focus our hiring efforts in these specific regions. And, we encourage all qualified candidates from these states to apply, as we look forward to learning more about your unique skills and experience !

Job Summary

Assists and supports the Commercial Lending Team by handling all aspects of commercial loan portfolio management as it relates to the assigned portfolio of loans. Performs both technical and administrative duties.

Where You Will Work

• Remote role open to candidates residing in Washington (WA) or Oregon (OR). ( Branches )
• Travel is not required.

Pay Range

• The target annual pay range for this position is $93,456 - $106,200. The full annual pay range is $84,960 - $127,440.
• Compensation decisions are determined using factors such as relevant job-related skills, experience, and education or training. Should an offer of employment be made, we will consider individual qualifications. In addition to your salary, compensation incentives are available for the hired applicant. Incentives are performance based and targets vary by role.

Responsibilities

Helps support Commercial Loan Officers in the management of existing commercial credit relationships and partners with the Commercial Loan Officers in support of new relationships.

Serves as the primary point of contact for existing borrowing relationships.

Manages relationships with existing borrowers and supports Commercial Loan Officers with managing new relationships.

Partners directly with the commercial lending team to ensure timely annual reviews, document performance against covenants and conditions, and assists CLO in monitoring and developing action plans for deteriorating credit relationships (i.e., watchlist reports, problem loan status reports, etc.).

Collects updated information, analyzes data, and creates periodic loan review memorandums with risk upgrade or downgrade recommendations with assistance from the CLO, as needed.

Creates, coordinates, and reviews annual review memorandums, property inspections, and commercial real estate evaluations for accuracy and further approval recommendations.

Underwrites, structures, and helps document new loans or modifications to existing client relationship.

Seeks cross-sell opportunities and directs members to other services and products offered by the credit union to meet the needs of the business relationship.

Performs all due diligence required including the review of financial, entity, legal and other documents prior to credit submission to protect credit union resources.

Supports the CLO in the management of the assigned portfolio by monitoring performance and trends, proactively defining credit relationship solutions, identifying issues and developing remediation, underwriting and providing credit approval recommendations as designated.

Supports the CLO in developing and maintaining special reports as needed for commercial lending team to monitor risk, realize opportunities, and aid in department and portfolio allocation and management.

Assists in ensuring the department adheres to all state/federal regulations, policies, and procedural guidelines. Provides feedback to commercial lending policy and procedural updates and revisions, as required. Remains current on industry, market trends and changes to regulation.

All other duties as assigned.

Minimum Qualifications

• High School
• Minimum four (4) years' loan underwriting experience, ideally in commercial underwriting and analysis within a financial institution.

Preferred Qualifications

• Experience with Abrigo Sageworks financial software (or equivalent) preferred.

Knowledge, Skills, and Abilities

Working knowledge of commercial lending and deposit account procedures, commercial and personal financial statement analysis, credit approval/annual review memorandums, and commercial loan documentation.

Knowledge and understanding of lending regulations.

Maintains consistently high standards in areas of accuracy, thoroughness, completeness, and order of documentation, system input, and internal/external correspondence.

Strong, well-developed interpersonal communication and negotiation skills to determine existing/potential members' financial needs. Demonstrated customer service skills and ability to communicate with members in a professional manner to ensure and enhance the credit union's image within its market areas.

Ability to organize work in order to give prompt attention to members' request, while being able to meet designated deadlines.

Demonstrated skills in member-related account transactions. Ability to interpret and explain Credit Union policies and transactions posted to members' accounts.

Ability to function effectively as a member of a team or on individual tasks and assignments.

Total Rewards

This position is eligible for Full-Time Regular benefits. Employees and their eligible family members have access to a wide array of employee benefits, such as medical, dental, vision and life insurance coverage.

• Includes an option for Medical, Dental, and Vision insurance to be paid at a 100% by company for the employee only coverage.
• We also offer Health Care FSA (HCFSA), Health Savings Account (HSA) with employer contributions, and Dependent Care FSA (DCFSA).
• Employees also have access to Life and AD&D insurance.
• Employees are able to enroll in our 401k plan.
• Full-Time Regular employees accrue 8 hours of vacation and 8 hours of sick leave, on a monthly basis.
• Full-Time Regular hired employees also receive 11 paid holidays throughout the calendar year, 1 floating holiday, 16 hours of self-care time, and 16 hours of volunteer time.

All benefits except 401k start the first of the month following date of hire. Employees become eligible to contribute to 401k on the first of the month following 60 days of employment.

#ZR

Peak Credit Union participates in E-Verify. We use E-Verify to confirm the identity and employment eligibility of all persons hired to work in the United States.

For more information on Right to Work, please click here: Right to Work

For more information on the Fair Chance Act, please click here: Fair Chance Act

Peak Credit Union is an Affirminative Action and Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity and national origin or protected veteran status and will not be discriminated against on the basis of disability. Equal Employment Opportunity Posters If you’d like to view a copy of the company’s affirmative action plan or policy statement, please email [e-mail].

If you have a disability and you believe you need a reasonable accommodation in order to search for a job opening or to submit an online application, please e-mail [e-mail]. This email is created exclusively to assist disabled job seekers whose disability prevents them from applying online. Only messages left for this purpose will be returned. Messages left for other purposes, such as following up on an application or technical issues not related to a disability, will not receive a response.

Voluntary Self-Identification

For government reporting purposes, we ask candidates to respond to the below self-identification survey. Completion of the form is entirely voluntary. Whatever your decision, it will not be considered in the hiring process or thereafter. Any information that you do provide will be recorded and maintained in a confidential file.

As set forth in Peak Credit Union ’s Equal Employment Opportunity policy,we do not discriminate on the basis of any protected group status under any applicable law.

If you believe you belong to any of the categories of protected veterans listed below, please indicate by making the appropriate selection.As a government contractor subject to the Vietnam Era Veterans Readjustment Assistance Act (VEVRAA), we request this information in order to measure the effectiveness of the outreach and positive recruitment efforts we undertake pursuant to VEVRAA. Classification of protected categories is as follows:

A "disabled veteran" is one of the following: a veteran of the U.S. military, ground, naval or air service who is entitled to compensation (or who but for the receipt of military retired pay would be entitled to compensation) under laws administered by the Secretary of Veterans Affairs; or a person who was discharged or released from active duty because of a service-connected disability.

A "recently separated veteran" means any veteran during the three-year period beginning on the date of such veteran's discharge or release from active duty in the U.S. military, ground, naval, or air service.

An "active duty wartime or campaign badge veteran" means a veteran who served on active duty in the U.S. military, ground, naval or air service during a war, or in a campaign or expedition for which a campaign badge has been authorized under the laws administered by the Department of Defense.

An "Armed forces service medal veteran" means a veteran who, while serving on active duty in the U.S. military, ground, naval or air service, participated in a United States military operation for which an Armed Forces service medal was awarded pursuant to Executive Order 12985.