Hybrid: Commercial Loan Portfolio Manager I

Columbia Bank; Rahway (NJ); Hybrid; USD 100,000 - 140,000; Full time

Job summary

Columbia Bank in Rahway, NJ is seeking a Commercial Loan Portfolio Manager I to oversee a growing portfolio of commercial loans. You will interact with customers to maintain relationships and work with lenders on origination, monitoring, renewals, and documentation.

The role requires analyzing financial data, preparing extension memos, and assisting underwriting and risk teams to ensure timely, compliant loan processing. A hybrid work arrangement is available.

Qualifications

• Bachelor's degree in Finance, Accounting, Management, or related field.
• 3-5 years of related Commercial Banking and/or Commercial Credit experience.
• Effective written and verbal communication skills.
• Considerable attention to detail.
• Formal credit training and strong credit risk assessment skills.
• Organizational skills.
• Ability to develop constructive and cooperative relationships.
• Proficient in Microsoft Excel.
• Working knowledge of covenant tracking systems.

Responsibilities

• Manage a Commercial loan portfolio and maintain strong client relationships.
• Collaborate with Commercial Lenders on portfolio maintenance, renewals, and documentation.
• Review monthly maturity reports and prepare extension memos for underwriting.
• Prepare Pre-Cams for renewals and modifications and submit to underwriting.
• Support Lenders to ensure all information is ready for loan underwriting.
• Analyze financial statements and perform debt service calculations for loan requests and modifications.
• Monitor credit risk and assist in clearing exceptions and reports.
• Coordinate between Credit, Lending, Risk, and Loan Servicing during loan submission and servicing stages.

Skills

Financial analysis

Loan portfolio management

Excel

Credit risk assessment

Communication

Attention to detail

Education

Bachelor's degree in Finance/Accounting/Management

Tools

Microsoft Excel

Core banking systems

General ledger systems

Job description

Columbia Bank in Rahway, NJ is seeking a Commercial Loan Portfolio Manager I to oversee a growing portfolio of commercial loans. You will interact with customers to maintain relationships and work with lenders on origination, monitoring, renewals, and documentation.

The role requires analyzing financial data, preparing extension memos, and assisting underwriting and risk teams to ensure timely, compliant loan processing. A hybrid work arrangement is available.