Portfolio Manager

The Fidelity Bank; Raleigh (NC); On-site; USD 90,000 - 140,000; Full time

Job summary

The Fidelity Bank seeks a Portfolio Manager to oversee a commercial loan portfolio, ensuring quality and profitability while assessing risk and regulatory compliance. You will maintain client relationships, support underwriting, and monitor loan performance across the portfolio.

Responsibilities include analyzing financial statements, managing exceptions, and guiding loan structures and renewals. Strong communication and leadership will help you help clients achieve financial objectives within a

Qualifications

• Bachelor’s degree in finance, business or accounting with 5+ years in commercial lending or credit analysis.
• Strong understanding of financial statements, cash flow and credit metrics.
• Experience with loan portfolio management and regulatory requirements.

Responsibilities

• Oversee and manage a portfolio of commercial loans, ensuring timely payments and addressing delinquent accounts.
• Analyze financial statements and conduct credit reviews to assess ongoing creditworthiness.
• Manage the exception process for the portfolio and produce weekly regional reports.
• Monitor loan processing to minimize errors and unnecessary exceptions after closing.
• Track renewal maturities and input notes into Sigma reporting for future maturities.
• Review maturing loans weekly and alert management of approaching or past maturities.
• Maintain strong client relationships and serve as a primary loan-related contact.
• Assist in underwriting by analyzing credit risks for new loan applications.
• Oversee construction reporting and inspections as appropriate.
• Prepare regular loan portfolio performance reports and ensure regulatory compliance.
• Keep up-to-date with Basel III, Dodd-Frank and other lending regulations.
• Collaborate with Credit Analysts, Loan Officers and Senior Management to optimize portfolio management.
• Support development of junior team members and provide training when needed.

Skills

Credit analysis

Financial statement analysis

Portfolio management

Regulatory compliance

Risk assessment

Communication skills

Education

Bachelor’s degree in finance

Master’s Degree or MBA

Job description

Summary

The Portfolio Manager plays a vital role in managing and overseeing a portfolio of commercial loans. This position is responsible for maintaining the quality and profitability of the loan portfolio, assessing risk, and ensuring compliance with regulatory requirements.

Summary

The Portfolio Manager plays a vital role in managing and overseeing a portfolio of commercial loans. This position is responsible for maintaining the quality and profitability of the loan portfolio, assessing risk, and ensuring compliance with regulatory requirements.

Principal Accountabilities

Time: Description

• 15% Oversee and manage a portfolio of commercial loans, ensuring timely payments and addressing delinquent accounts. Monitor loan performance to identify potential risks or deteriorating credit quality. Ensure plan to payment discussions are notated in Sigma reporting.
• 15% Analyze financial statements and conduct credit reviews of existing borrowers to ensure ongoing creditworthiness. Recommend restructuring or modifications to loans when needed.
• 10% Responsible for managing the exception process for the assigned portfolio. Review outstanding exceptions weekly to ensure exceptions are cleared in a timely manner. Ensure that quality notes are put in the exception report. Manage the weekly exception reporting to regional management.
• 10% Monitor exceptions to make sure that there are no loan processing errors on the front end that may be the cause of unnecessary exceptions after loan closing and review.
• 5% Responsible for monitoring and managing the maturing loan process including 30/45/60/90 guidelines for tracking progress of renewal and note input into the report. Manage bi-weekly maturing loan check in and ensure current notes added to Sigma reporting for all future maturing loans 90 or less until maturity.
• 5% Responsible for reviewing the maturing loans weekly and alerting management for any maturities that are approaching or past maturity. Manage the reporting weekly that is sent to lending staff, as well as bi-weekly report that is sent to regional management.
• 5% Maintain strong relationships with commercial clients, serving as a point of contact for loan-related inquiries. Work closely with clients to understand their financial needs and provide tailored solutions.
• 10% Assist in the underwriting process by analyzing credit risks for new loans. Review loan applications and collaborate with Business Development Officers and Credit Officers to review the borrower's credit worthiness and identify ways to structure loan agreements.
• 5% Oversee the construction reporting process to ensure that notes reflect the current progress of the project. Assist with the construction inspections, as appropriate.
• 5% Prepare regular reports on the performance of the loan portfolio, including risk assessments and loan status. Maintain accurate documentation for all loans within the portfolio, ensuring compliance with legal and regulatory standards. Assist in audits or reviews conducted by internal and external auditors.
• 5% Ensure the portfolio adheres to relevant regulatory standards, such as Basel III, Dodd-Frank, or other industry-specific regulations. Stay up-to-date on changes in laws and regulations that impact commercial lending practices.
• 5% Collaborate with Credit Analysts, Loan Officers, and Senior Management to ensure effective portfolio management.
• 5% Support the development of junior team members and provide training where necessary.

Basic Qualifications

Bachelor’s degree in finance, Business Administration, Accounting with 5 years of commercial lending, credit analysis, or loan portfolio experience or an equivalent combination of education and experience.

Additional Qualifications

• Strong understanding of financial statements, cash flow analysis, and credit metrics.
• Knowledge of commercial lending regulations and banking laws.
• Excellent verbal and written communication skills for interacting with clients and internal partners.
• Experience in risk assessment, mitigation strategies, and problem loan resolution.
• Knowledge with loan management software and financial analysis tools.
• Strong attention to detail to ensure accuracy in loan documentation, risk assessments, and reporting.
• Ability to resolve complex issues related to problem loans or deteriorating credit quality.
• Skill in making informed decisions about loan structures, modifications, and risk management.
• Strong customer service skills to foster and maintain client relationships.

Preferred Qualifications

Master’s Degree or MBA preferred.

The above statements are intended to describe the general nature and level of work being performed by people assigned to this job.

They are not intended to be an exhaustive list of all responsibilities, duties and skills required of personnel so classified.

Affirmative Action/Equal Opportunity Employer