Portfolio Manager

Talentify; Vancouver (WA); On-site; USD 77,000 - 111,000; Full time

Benefits offered by this job

Healthcare benefits

401K plan

Short/long-term disability

Life insurance

Vacation & sick time

Educational assistance

Holiday pay

Job summary

Talentify in Vancouver, WA is seeking an Analyst to support loan officers by analyzing financial data, preparing credit memos, and annual loan reviews to move requests through the approval process.

You will ensure accuracy of financial analyses, monitor credits using reports, and collaborate with other departments, with a focus on compliance with bank policy.

Qualifications

• Bachelor's degree in business/finance preferred and 2+ years of commercial lending support experience.
• Strong analytical and communication skills with knowledge of bank services.
• Ability to analyze financial statements and regulatory lending requirements.
• Experience preparing concise credit memorandums and loan reviews.

Responsibilities

• Analyze financial spreads to determine if loan requests meet policy.
• Prepare credit memorandums, criticized/classified memos, and annual loan reviews.
• Ensure accuracy of analyses prepared by the Analyst Team.
• Collect documents for the loan documentation process and coordinate with other departments.
• Monitor credits using management reports like delinquency and maturing loan reports.
• Understand and observe applicable banking laws and regulations.

Skills

Financial analysis

Communication

Reading financial statements

Understanding lending policy

Problem solving

Loan structure development

Education

Bachelor's degree in business/finance

Tools

Credit Quest

Job description

SUMMARY

This position is responsible primarily for analysis, monitoring and preparation of credit memorandums, criticized/classified loan memos and annual loan reviews for loan officers. Position is a support function to assist loan officers move loan requests through the approval process.

The salary for this role will be between $77k-$111K a year. The specific salary offered will depend on several factors including but not limited to applicant’s skills and prior relevant experience. Hired candidate may be eligible for healthcare benefits, 401K plan, short term & long-term disability coverage, life insurance, vacation & sick time, educational assistance, and several holidays. Certain roles are eligible for additional rewards.

ESSENTIAL DUTIES

• Works with existing clients and prospects as required to receive information as needed.
• Ensures that the financial analysis prepared by the Analyst Team is accurate.
• Analyzes financial spreads to determine if the loan requests meet Bank credit policy.
• Prepares credit memorandums, criticized/classified loan memos, and annual loan reviews in Credit Quest software program for lenders.
• Works with the Team Assistant to collect all necessary documents needed by the loan documentation team.
• Requests preliminary title reports, environmental reports and appraisals as directed by the loan officer.
• Analyzes borrowing base reports prepared by client and notifies loan officer of any discrepancies.
• Ensures timely and thorough monitoring of all credits through use of management reports such as Out of Compliance Report; Annual Loan Review Report; Delinquency Report and Maturing Loan Report.
• Understands and observes laws and regulations that relate to commercial lending.

Additional duties and responsibilities. Other duties as may be assigned:

• Projects professionalism in both appearance and attitude when dealing with customers.
• Coordinates, when necessary, with other departments.
• Participates in and completes all required training modules with passing scores.
• Follows all state and federal laws, and all Riverview policies and procedures.

RELATIONSHIPS

• Maintain strong working relationship with Commercial Loan Team Leader and peers in the lending area as well as other support areas.
• Maintains contact with clients to ensure that service levels are appropriate.

QUALIFICATIONS

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

EDUCATION and/or EXPERIENCE

Bachelor's degree in a business, finance or related field is preferred, 2 or more years of commercial lending support experience, strong analytical skills, excellent communication skills, and knowledge of bank services, or equivalent combination of education and experience.

SKILLS

• Ability to communicate with lenders and build strong working relationships.
• Ability to read, analyze and interpret business and personal financial statements and tax returns.
• Ability to understand bank lending policy and governmental regulations.
• Ability to prepare concise credit memorandums, annual loan reviews and criticized/classified loan memos that define the risk and financial condition of the borrower or prospect.
• Accurately analyze asset-based lending borrowing bases.
• Ability to effectively identify concerns or changes in financial position of borrowers and communicate to lending officer.
• Ability to work with mathematical and financial concepts such as global cash flow and other financial ratios that indicate the strength of a business or individual who borrows for business purposes.
• Ability to resolve with some assistance day-to-day problems and deal with a variety of issues that may arise in working with borrowers.
• Ability, with some assistance, to develop loan structure that protects the bank.
• Ability to define problems, collect data, establish facts, and draw valid conclusions.
• Basic skills associated with the general use of computers and business office equipment including developing a good working knowledge of the Credit Quest lending system.

PHYSICAL DEMANDS

While performing the duties of this job, the employee is regularly required to effectively communicate via phone/video, messaging, and email. The employee is required to use computer and office equipment such as a computer, printer, copier, as well as computer software such as Microsoft Office. You may also frequently be required to occupy a workstation for long periods of time.

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this position. Reasonable accommodations may be made to enable individuals with disabilities to perform the functions.

Riverview Bank is an equal opportunity employer and affirmative action employer committed to a diverse and inclusive workforce. Applicants will receive consideration for employment without regard to race, color, religion, sex (including pregnancy), age, sexual orientation, national origin, marital status, parental status, ancestry, disability, gender identity, veteran status, genetic information, other distinguishing characteristics of diversity and inclusion, or any other protected status.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.