Portfolio Manager

Burke & Herbert Bank & Trust; York (York County); On-site; USD 90,000 - 130,000; Full time

Job summary

Burke & Herbert Bank & Trust is seeking a Portfolio Manager Team Lead to support Commercial Banking Executives in originating loans and managing the credit portfolio. You will collaborate with the origination team and credit risk managers to structure transactions, review financial statements, perform due diligence, assess credit risk, and prepare deal presentations.

You will lead due diligence discussions, develop term sheets, monitor ongoing covenants, and assist with renewals and annual

Qualifications

• Bachelor’s degree in business, accounting, finance or related field.
• Minimum three years underwriting and account management experience in commercial lending.
• Strong financial statement analysis and modeling skills.
• Experience with credit policy and risk evaluation.

Responsibilities

• Determine borrowing customer's needs and develop loan structures with executives.
• Review and spread company/guarantor financial information.
• Perform in-depth analysis of new credit requests in a timely manner.
• Maintain knowledge of lending policies and identify policy exceptions.
• Recommend appropriate risk ratings per policy guidelines.
• Lead meetings, discuss transactions, and develop term sheets and deal screens.
• Structure transactions to meet client needs and bank requirements.
• Perform cash flow, trend and sensitivity analyses for deal screens.
• Support presentations to credit committee for approvals.
• Monitor covenants and reporting requirements.
• Assist with renewals, extensions and annual credit reviews.
• Perform other duties as directed.

Skills

Financial modeling

Credit analysis

CRE lending

Team collaboration

MS Office

Presentations

Policy compliance

Education

Bachelor's degree in business, accounting, finance or related field

Tools

LoanVantage

Banking systems

Job description

Burke & Herbert Bank & Trust

CLASSIFICATION

Exempt

REPORTS TO

Portfolio Manager Team Lead

JOB DESCRIPTION

Summary/Objective

The Portfolio Manager will support Commercial Banking Executives in the origination of new loans and management of credit portfolio. This role will work closely with the origination team and credit risk management in structuring transactions, reviewing and analyzing financial statements, conducting due diligence, assessing credit risk, preparing deal screen presentations, and monitoring and managing the credit portfolio.

Essential Functions:

• Determine borrowing customer's needs and develop appropriate loan structure in collaboration with Commercial Banking Executives.
• Request, Review and Spread company/guarantor financial information.
• Complete thorough, accurate, and in-depth analysis of new credit requests in a timely manner.
• Maintain good working knowledge of the Bank's lending policies and procedures and identify exceptions to credit policy.
• Recommend appropriate risk ratings in accordance with credit policy guidelines.
• Attend meetings and/or conference calls on transactions, lead due diligence discussions and develop deal indicative term sheets and deal screen presentations.
• Structure transactions appropriately that meet client's needs and bank's requirements.
• Perform comprehensive credit analysis (cash flow analysis, trend analysis, sensitivity analysis etc.) for deal screens and assist in presentation to credit committee in support of approval.
• Monitor, review and evaluate ongoing compliance with financial covenants and reporting requirements.
• Assist with renewals, extensions and annual credit reviews, as needed.
• Perform other duties as directed.

Skills/Abilities

• Proficiency with financial modeling and excellent financial analysis skills (balance sheets, income statements, cash flow statements, financial ratios, personal financial statements, tax returns etc.)
• Thorough knowledge of C&I and CRE lending process, including credit evaluation and underwriting.
• Strong verbal, written, interpersonal, and presentation skills.
• Proven organizational skills, ability to work independently and be detail oriented and thorough.
• Ability to work well on a team and develop collaborative partnerships across the banking platform.
• Ability to work on multiple transactions simultaneously and prioritize assignments to meet deadlines.
• Proficiency in Microsoft Office; knowledge of banking systems (LoanVantage preferred).

Education and Experience

• Bachelor's degree in business, Accounting, Finance or related field (or additional equivalent related experience)
• Three or more years of underwriting and account management experience, preferably within a commercial lending environment.

Supervisory Responsibility

This position has no supervisory responsibilities.

Work Environment

This job operates in a clerical office setting. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines. Office environment with job duties conducted via telephone, face to face meetings, and on the computer.

Physical Demands

This position requires manual dexterity, the ability to lift files and opening cabinets. This position requires bending, stooping or standing as necessary.

Travel

Travel may be required

Equal Employment Opportunity/M/F/disability/protected veteran status

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.

This employer is an equal opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected veteran status, age, or any other characteristic protected by law.