Portfolio Manager - Commercial & SBA Lending

Dollar Bank; Virginia Beach (VA); On-site; USD 69,000 - 86,000; Full time

Job summary

Dollar Bank in Virginia Beach is seeking an experienced Portfolio Manager to oversee the Business Banking loan portfolios. The role partners with internal teams and third parties to support growth, maintain credit quality, coordinate closings and funding, and ensure timely servicing.

You will manage credit files, perform due diligence, and monitor servicing requirements while working independently to resolve portfolio and client issues. Strong knowledge of SBA lending is a plus.

Qualifications

• 3 years of commercial loan portfolio administration experience.
• Knowledge of commercial lending products and credit administration practices.
• Experience coordinating loan closings, modifications, renewals, and funding activities.
• Knowledge of SBA lending programs, including SBA 504 loan structures, eligibility, closing, and servicing requirements.
• Strong communication, organization, and time-management skills.
• Ability to learn the commercial loan system, products, services, policies and procedures.
• Attention to detail and accuracy in loan documentation.

Responsibilities

• Manage assigned Business Banking loan portfolios, servicing, maintenance, growth, retention, and relationship management.
• Create and maintain credit files; compile information for renewal or review of facilities.
• Assist in loan administration reviews, proposals, and modifications; perform due diligence (appraisals, environmental reports, title work, lien searches, flood determinations).
• Prepare loan documents and system worksheets; establish and service accounts; obtain post-closing documentation.
• Coordinate commercial construction and SBA 504 closings, funding with borrowers, CDC processors, attorneys, title companies, and internal teams; review budgets and lien documents.
• Monitor insurance, documentation and financial statement exceptions, GL activity, and servicing requirements.
• Complete routine correspondence and other duties.

Skills

Portfolio management

Credit analysis

Time management

Communication

Education

High school diploma

College degree preferred

Tools

Microsoft Word

Excel

Loan documentation software

Job description

Dollar Bank in Virginia Beach is seeking an experienced Portfolio Manager to oversee the Business Banking loan portfolios. The role partners with internal teams and third parties to support growth, maintain credit quality, coordinate closings and funding, and ensure timely servicing.

You will manage credit files, perform due diligence, and monitor servicing requirements while working independently to resolve portfolio and client issues. Strong knowledge of SBA lending is a plus.