Portfolio Manager

Bcb-Community-Bank; Bayonne (NJ); On-site; USD 110,000 - 130,000; Full time

Job summary

Bcb-Community-Bank in Bayonne, NJ seeks a Portfolio Manager to gather and analyze credit information on current borrowers and determine the advisability of granting credit for diversified loan types.

You will report on the assigned portfolio, include asset quality, stress testing, industry and market analysis, asset allocation, reserves, and non-performing loan analysis, and serve as the loan-level expert for complex CRE, construction and C&I loans.

Qualifications

• Three to five years in commercial loan portfolio management or commercial credit analysis/underwriting as a minimum.
• Deep experience with financial analysis.
• Working knowledge of commercial lending, e.g. commercial real estate, construction and C&I products.
• Experience with Abrigo/Sageworks and Jack Henry products a plus.

Responsibilities

• Report on the assigned portfolio, including asset quality, stress testing, industry and market analysis, asset allocation, reserves, and non-performing loan analysis.
• Serve as the loan-level expert for a portfolio of complex construction, permanent, and/or C&I loans.
• Prepare Credit Reviews to assess asset quality, including performance against original underwriting expectations.
• Experience writing policies and procedures for collateral monitoring, workouts, and periodic loan reviews.
• Draft memos for any substantial changes in a borrower's financial stability or ownership structure.
• Maintain knowledge of market conditions.

Skills

Credit analysis

Portfolio management

Financial analysis

Tools

Abrigo/Sageworks

Jack Henry

Job description

If you are unable to complete this application due to a disability, contact this employer to ask for an accommodation or an alternative application process.

Full-time Regular Professionals Bayonne, NJ, US

Salary Range: $110,000.00 To $130,000.00 Annually

Portfolio Manager is responsible for gathering and analyzing credit information on current borrowers; determines the advisability of granting credit for diversified types of loans, promotes business for the Bank by maintaining good customer relations and referring customers to appropriate staff for new services.

Key Responsibilities

• Report on the assigned portfolio, including asset quality, stress testing, industry and market analysis, asset allocation, reserves, and non-performing loan analysis.


• Serve as the loan-level expert for a portfolio of complex construction, permanent, and/or C&I loans.


• Prepare Credit Reviews to assess asset quality, including performance against original underwriting expectations.


• Experience writing policies and procedures for collateral monitoring, workouts, and periodic loan reviews.


• Draft memos for any substantial changes in a borrower's financial stability or ownership structure.


• Maintain knowledge of market conditions.

Education and Experience

• Three to five years in commercial loan portfolio management or commercial credit analysis/underwriting as a minimum.


• Deep experience with financial analysis.


• Working knowledge of commercial lending, e.g. commercial real estate, construction and C&I products.


• Experience with Abrigo/Sageworks and Jack Henry products a plus.

Physical Requirements & Working Conditions

• Ability to travel to branches, off-site training, and/or meetings if required


• Lobby/professional office environment with moderate sound.