Portfolio Manager

First Bank; Evansville (IN); On-site; USD 70,000 - 110,000; Full time

Benefits offered by this job

401K retirement plan

Job summary

First Bank in Evansville, IN seeks a Portfolio Manager to strengthen client relationships and maximize the client experience by managing a loan portfolio. You will work with Relationship Managers and Mortgage Officers, analyzing financial statements, gathering documentation, and ensuring portfolio quality and compliance.

This full-time, in-person role offers a competitive salary, a 401K retirement plan, and other benefits.

Qualifications

• Bachelor’s degree in business or related field preferred.
• 2 years financial services industry experience.
• Certifications: None required.
• Management experience: None required.
• Motivation: Desire to grow in career.

Responsibilities

• Uncovers client needs and recommends bank products.
• Conducts weekly meetings with Commercial Sales Manager to manage loans in pipeline, past due loans, maturing loans, exceptions, and client needs.
• Communicates with clients and third parties to ensure all information/documentation is received.
• Provides excellent internal customer service by assisting Relationship Managers and Mortgage Officers with loan origination tasks and portfolio management.
• Develops and builds relationships with clients and serves as primary contact for loan servicing and administrative matters.
• Assists with pre-call plan preparation for existing and prospective clients through research.
• Ensures portfolio quality by monitoring reports and communicating findings to the RM.
• Updates company history and renewal credits; identifies opportunities to deepen deposit relationships.
• Adheres to policies and completes required BSA and compliance courses.

Skills

Problem solving

Computer usage

Verbal and written communication

Detail orientation

Critical thinking

Sales

Complaint resolution

Education

Bachelor's degree

Job description

Thank you for your interest in joining First Bank. If you’re looking to be part of a team that values integrity, humility, excellence, challenge, and life-long learning, you’ve come to the right place. At First Bank we believe in offering opportunities to help individuals build a long and lasting career, and we are currently seeking a Portfolio Manager.

The Portfolio Manager helps the bank to fulfill its vision by by maximizing the client experience and expanding client relationships.

Duties and Responsibilities

• Through a deep understanding of bank products and services, uncovers needs and makes recommendations to clients and prospects.
• Conducts weekly meetings with Commercial Sales Manager to manage loans in pipeline, past due loans, maturing loans, exceptions, and client needs.
• Communicates with clients and third parties to ensure all information/documentation is received.
• Provides excellent internal customer service by assisting Relationship Managers and Mortgage Officers completing administrative tasks related to origination of new loans and ongoing management of portfolio.
• Develops and builds relationships with clients and serves as primary contact for clients for loan servicing and administrative matters.
• Assists with pre-call plan preparation for existing clients and prospective clients through internal and external research.
• Ensures quality of loan portfolio through report monitoring and tracking and communicating findings to designated RM when applicable.

• Updates company history, current operations, and management portion of the write up on renewal credits.
• Using tax returns or financial statements, identifies opportunities to deepen deposit relationships.

• Protects the bank and clients by following company policies and procedures and completing required BSA and compliance courses.
• Performs other duties as assigned.

Qualifications

• Skill Requirements:
• Knowledge: Bank products, rules, and regulations
• Work experience: 2 years financial services industry or related experience
• Certifications: None required
• Management experience: None required
• Education: Bachelor’s degree in business or related field preferred
• Motivations: Desire to grow in career

Skills

• Problem solving
• Computer usage
• Verbal and written communication
• Detail orientation
• Critical thinking
• Sales
• Complaint resolution

Work Environment

• Work Hours: Monday through Friday, 8:00-5:00 (Additional hours may be required for company meetings or training.)
• Job Arrangement: Full-time, permanent
• Travel Requirement: The job may requires for training and other work-related duties.
• Remote Work: The job role is primarily in-person. A personal or work crisis could prompt the role to become temporarily remote.
• Physical Effort: May require sitting for prolonged periods. Requires standing for periods of time for filing.
• Environmental Conditions: No adverse environmental conditions expected.

The position offers a competitive salary, 401K-retirement plan, and other benefits.

EO / M /F/ Vet / Disability. First Bank is an equal opportunity employer. It is our policy to provide opportunities to all qualified persons without regard to race, creed, color, religious belief, sex, sexual orientation, gender identification, age, national origin, ancestry, physical or mental handicap, or veteran's status. Equal access to programs, service, and employment is available to all persons. Those applicants requiring reasonable accommodation to the application and/or interview process should notify human resources.

Replies to all questions will be held in strictest confidence.