Head of Portfolio & Credit Administration

Beacon-Bank; Providence (RI); Sur place; USD 96 000 - 177 000; Plein temps

Résumé du poste

Beacon Bank in Providence, RI, seeks a seasoned Head of Portfolio & Credit Administration to lead Commercial Credit Analysts and Administrative Portfolio Managers. You will drive underwriting quality, coaching staff, and ensure compliance with credit standards and bank policies.

The role reports to the Division Head – Franchise Lending and requires a minimum of 10 years in commercial credit leadership, with a focus on process improvement and cross-functional collaboration across lending teams.

Qualifications

• 10+ years in commercial credit and portfolio administration management and underwriting/analysis.
• Ability to drive process improvements and develop procedures.
• Strong leadership to influence and build relationships.
• Broad knowledge of commercial banking products and documentation.
• Understanding of credit compliance and related policies.

Responsabilités

• Lead a team of Commercial Credit Analysts and Administrative Portfolio Managers.
• Coach and develop staff to raise underwriting quality.
• Oversee underwriting of new credits and modifications.
• Track and report financial statements, covenant tests, annual reviews.
• Ensure compliance with policies and regulatory requirements.
• Improve portfolio workflow in collaboration with relationship managers and team leaders.

Connaissances

Leadership

Credit underwriting

Portfolio management

Mentoring

Process improvement

Cross-functional collaboration

Attention to detail

Formation

Bachelor's Degree in Finance or Accounting

Outils

FIS

Loan operating system

Imaging systems

Microsoft Office

Description du poste

Head of Portfolio & Credit Administration

#2085

Providence, Rhode Island, United States

Job Description

Department: Commercial

Reports to: Division Head – Franchise Lending

Status: Exempt/VP

Grade: 13

Pay Range: $96,089-$177,069

Actual compensation within the pay range will be determined based on factors including, but not limited to, skills, prior relevant experience, and specific work location.

Location: Providence, RI

Purpose/Objective:

The Head of Portfolio & Credit Administration will support the relationship between the Relationship Managers, Portfolio Managers, Commercial Administration, and Documentation staff, through advocacy, collaboration, and communication.

This role is responsible for fostering strong teamwork, driving process improvement, developing consistent processes; ensuring loan compliance; managing various tracking of portfolio reporting requirements; overseeing the workflow process for multiple commercial lending functions (Middle Market, Commercial Real Estate and Business Banking) within the region; working on credit underwriting, building strong relationships with departments across the bank; develop, support, and coach the administration staff; and foster a positive, professional and efficient work environment.

Key Accountabilities:

• Manage a team of Commercial Credit Analysis and Commercial Administrative Portfolio Managers
• Oversee the coaching, mentoring, and development of the Commercial Credit Analysts and Commercial Administrative Portfolio Managers
• Develop the commercial credit analysts to improve consistency, standards and quality of commercial loan underwriting for new credit requests, amendments, modifications, renewals and waivers
• Proactively manage resources to support portfolio workflow including new loan requests and ongoing credit administration requirements in collaboration with relationship managers and the team leaders
• Underwrite new credit requests and modifications as needed
• Manage the team and oversee the process of tracking and reporting for: financial statement collection, Covenant Tests, Annual Reviews, and ensure electronic files are up to date with such information.
• Manage internal and external audits and oversee the tracking of any findings from the audit. Work with the RM, PM and Team Leaders to satisfy such findings.
• Establish a process that will provide checks and balances in Underwriting and Portfolio Management with the relationship managers and/or portfolio managers and teams leaders within the region
• Ensure commercial loan structures and underwriting comply with established polices and credit standards prior to appropriate approval
• Ensures compliance with all banking laws, rules, regulations, and prescribed policies/practices/procedures necessary to reduce risk and uphold ethical standards related to and required by one’s duties.

Education:

• Bachelor’s Degree in the field of Finance or Accounting preferred

Experience:

• 10+ years Commercial Credit and Portfolio Administration management and underwriting/analysis experience
• Ability to drive process improvement through developing procedures, job aids, and development documents
• Collaborative with strong leadership abilities, to influence and build relationships
• Depth and breadth of technical knowledge of commercial banking products and documentation
• Concrete understanding of credit compliance, policies and standards
• Practical skill and working knowledge of applicable bank systems, including, but not limited to: FIS; electronic file system; loan operating system, and Imaging systems.
• Experience working with the Microsoft Office suite of software programs

Skills & Knowledge:

• Ability to lead, mentor and motivate
• Models a high degree of professionalism
• Fosters a positive working environment
• Consistently demonstrates behaviors associated with the Bank’s Core values
• Excellent verbal and written communication skills
• High level of attention to detail, organizational skills and process driven
• Ability to multi-task in a fast-paced environment

Beacon Bank is an Equal Opportunity Employer - all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, or national origin. If you would like to contact us regarding the accessibility of our website, need assistance completing the application process, or would like to request alternative methods of applying, please contact us at [e-mail] .

We endeavor to make this site accessible to any and all users.

Beacon Bank is an Equal Opportunity Employer - all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, or national origin. If you would like to contact us regarding the accessibility of our website, need assistance completing the application process, or would like to request alternative methods of applying, please contact us at [e-mail] .

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