Portfolio Manager

Northfield Bank; Rahway (NJ); On-site; USD 85,000 - 180,000; Full time

Job summary

Northfield Bank seeks a Portfolio Manager to oversee loans and maintain client portfolios. This full-time role involves financial analysis, customer interaction, and ensuring loan payments are current. Ideal candidates will have a relevant degree and experience in banking, along with strong analytical skills.

Benefits

Medical insurance

Vision insurance

401(k)

Paid paternity leave

Tuition assistance

Qualifications

• Bachelor's degree in relevant field required.
• 3+ years experience in Banking or lending related fields.
• Proficient with Microsoft Office, particularly Word and Excel.

Responsibilities

• Monitor loan portfolio and take action to prevent past due accounts.
• Perform financial analysis of customers' financial statements.
• Maintain ongoing contact with lending customers.

Skills

Financial analytical skills

Underwriting skills

Customer service

Education

Bachelor's Degree in Business, Finance, Accounting or related field

Tools

Microsoft Office

Job description

Join to apply for the Portfolio Manager role at Northfield Bank

3 days ago Be among the first 25 applicants

Join to apply for the Portfolio Manager role at Northfield Bank

Get AI-powered advice on this job and more exclusive features.

Direct message the job poster from Northfield Bank

Vice President - Employee Engagement at Northfield Bank

Northfield Bank is a full service bank with 37 branch locations throughout New Jersey and Staten Island and Brooklyn, New York. With a history dating back to 1887, our growth continues through expansion of our presence in local communities and in our Product and Service offerings. Over 300 employees with diverse backgrounds and cultures have come together to make Northfield Bank what it is today. The Bank believes in providing all employees with the opportunity to reach their career potential and encourages advancement within the organization. For more information, please visit www.eNorthfield.com

Job Status: Full Time

Job Summary:

Primary responsibility is to administer loans originated by the Commercial Loan Office focusing on maintenance of existing client portfolio, performing annual and quarterly reviews as needed, ensuring all loan payments are current, and initiating risk rating changes to existing loans. Customer contact will be required.

Responsibilities Include:

• Monitor loan portfolio by examining loan repayment activities and financial condition of borrowing clients and take necessary action to prevent and/or reduce past due accounts
• Maintain ongoing contact with lending customers to provide exceptional customer service, keep abreast of latest developments in customers' financial and business condition, and collect updated financial statements/documentation for renewals and reviews
• Perform financial analysis of customers' financial statements for quarterly and annual reviews, including evaluating customers' ability to repay and making recommendations to management on structure of loan
• Coordinate with the SVP in restructuring loans to control delinquency and minimize losses
• Initiate discussion with area manager for possible risk rating changes to loans in portfolio due to positive or negative events/trends encountered
• Assist in payment collection efforts, including maintaining updates to collection system records.
• May participate in completion of analysis and applications for loan modifications, renewals and small new business loans
• Partner with Lending Officers in business development efforts based on customer need
• Maintains confidentiality of sensitive business and client information
• Compliance with all relevant Bank policies and procedures
• May require occasional travel for business meetings or training.

Job Requirements:

• Bachelor's Degree in Business, Finance, Accounting or related field required
• Credit Training for continuous learning preferred
• 3+ years’ experience in Banking or lending related fields required
• Financial analytical and underwriting skills required
• Proficient with Microsoft Office, particularly Word and Excel

**Northfield Bank is an Equal Employment Opportunity Employer M/F/Disability/Protected Veteran**

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Administrative and Finance

Referrals increase your chances of interviewing at Northfield Bank by 2x

Inferred from the description for this job

Medical insurance

Vision insurance

401(k)

Paid paternity leave

Tuition assistance

Get notified about new Portfolio Manager jobs in Rahway, NJ.

New York, NY $85,900.00-$179,500.00 5 days ago

Point72 Academy 2025-2026 Investment Analyst Program for Experienced Professionals - US

New York City Metropolitan Area 1 week ago

New York City Metropolitan Area $200,000.00-$300,000.00 2 weeks ago

New York, NY $130,000.00-$160,000.00 3 weeks ago

New York City Metropolitan Area $175,000.00-$250,000.00 2 weeks ago

New York, NY $205,000.00-$240,000.00 8 months ago

New York City Metropolitan Area 4 weeks ago

PC&E- Portfolio Operations & Investor Coverage- Analyst / Associate

New York, NY $200,000.00-$750,000.00 1 week ago

New York City Metropolitan Area $250,000.00-$500,000.00 1 week ago

New York City Metropolitan Area $130,000.00-$175,000.00 3 days ago

Asset & Wealth Management, External Investing Group (XIG), Union Bridge Partners (Opportunistic Co-Investments / Structured Products), Vice President – New York

Oliver Wyman - Research Analyst Financial Services - NY

New York City Metropolitan Area 3 weeks ago

Equity Long Short - Energy Portfolio Manager

New York, NY $250,000.00-$750,000.00 2 weeks ago

Associate/ AVP, Portfolio Manager - Syndicated Loans

New York City Metropolitan Area $100,000.00-$140,000.00 1 week ago

New York City Metropolitan Area $120,000.00-$170,000.00 1 week ago

We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.