Portfolio Manager

Firstrust Bank; Harmonville (PA); Hybrid; USD 90,000 - 130,000; Full time

Job summary

Firstrust Bank in Harmonville, PA is seeking a Portfolio Manager with deep expertise in credit risk and profitability, to monitor compliance and drive strong underwriting decisions within a hybrid work arrangement.

The role involves analyzing portfolio relationships, preparing financial models and credit memorandums, applying policies, supervising annual reviews, coaching colleagues, and ensuring accurate data entry into Vikar and other central systems.

Qualifications

• 3-5 years of banking experience focusing on commercial credit.
• Strong knowledge of credit policies and procedures.
• Ability to coach, lead and motivate colleagues.
• Excellent interpersonal and communication skills.
• Familiarity with banking software/systems, especially Vikar.

Responsibilities

• Monitor regulatory compliance, credit risk profiles and profitability.
• Protect portfolio integrity while sustaining profitability and managing annual reviews.
• Analyze portfolio relationships with support from Relationship Manager.
• Prepare financial models and credit memorandums; apply credit policies.
• Lead improvement initiatives and ensure high-quality documentation.
• Support development of new business and client relationships.

Skills

Interpersonal skills

Oral and written communication

Leadership / coaching

Credit policies

Tools

Vikar

Job description

*Hybrid Position*

The Portfolio Manager requires in-depth knowledge and experience in exercising sound judgement using best practices within credit and risk administration.

JOB DUTIES AND RESPONSIBILITIES:

• Ensure all Service Level Agreements, regulatory compliance requirements, and Bank’s credit risk profiles and profitability are monitored and maintained.
• Responsible to protect and preserve the integrity of the pooled or individual portfolio while sustaining profitability, accurately accessing/managing risk, and managing the annual review process.
• Analyzes portfolio relationships with reasonable involvement from the Relationship Manager.
• Prepares financial models, credit memorandums and has conceptual and practical knowledge of credit policies with the ability to apply them to a variety of situations.
• Exhibits general understanding of organizational structures, documentation, covenants and/or collateral structures.
• Effectively tracks and monitors financial reporting requirements and reviews Borrowing Base certificates.
• Uses best practices to provide loan recommendations based on a review of all underwriting criteria for final approval.
• Exercises adherence to internal portfolio/underwriting processes including timely and accurate data entry to Vikar and/or other centralized systems, as well as, maintaining high quality file documentation in a paperless environment.
• Acts as a resource for colleagues with less experience and may lead projects with moderate resource requirements, risk and/or complexity.

OTHER JOB DUTIES AND RESPONSIBILITIES:

• Assists in the development of new business for Firstrust. Is alert to expressed customer/prospect needs to suggest appropriate services. Directs customers to appropriate person to establish business relationships.

• Other duties as assigned.

PHYSICAL AND SENSORY REQUIREMENTS:

• Prolonged periods sitting at a desk and working on a computer.

POTENITAL ON-THE-JOB-RISKS:

• None identified.

EDUCATION, TRAINING AND EXPERIENCE:

• 3-5 years of banking experience and commercial credit
• Extensive knowledge of and experience with credit policies and procedures.
• Demonstrates the ability to coach, lead, and motivate.
• Strong interpersonal skills and good oral written communication skills.
• Knowledge of software/systems required to successfully perform job function.
• Must be a Vikar Subject Matter Expert.
• Proven history of managing high volume workflows.