Portfolio Manager II

Unity Bank; Clinton (NJ); Hybrid; USD 110,000 - 150,000; Full time

Job summary

Unity Bank seeks an experienced portfolio manager to oversee the Commercial & SBA loan portfolio, performing reviews, updating risk ratings, and ensuring covenant compliance. The role involves site visits, collaboration with credit teams and loan officers, and preparing management reports.

The ideal candidate has 5–8 years in portfolio management within community banks, strong analytical skills, and familiarity with Abrigo/Sageworks. A commitment to professional standards is essential.

Qualifications

• Bachelor's degree or higher in Finance, Business Administration or related field.
• Minimum 5–8 years in portfolio management in a community bank or similar.
• Proven track record managing complex loan portfolios (real estate and business lending).
• Experience with credit analysis, due diligence, and loan documentation.
• Strong analytical skills and attention to detail.
• Knowledge of bank structures, products, procedures, and regulatory environment.
• Familiarity with regulatory standards and compliance requirements.
• Experience with Abrigo (Sageworks) preferred.
• Ability to work independently with minimal supervision.

Responsibilities

• Conduct regular loan monitoring reviews.
• Prepare Credit Reviews to assess asset quality vs original underwriting.
• Evaluate borrower financial statements, rent rolls, and project status reports.
• Coordinate site visits and prepare site visit reports per policy.
• Assist Portfolio Management with portfolio reporting (asset quality, stress testing, industry analysis).
• Maintain loan risk ratings and annual reviews.
• Ensure compliance with Credit Policy and regulations.
• Serve as loan-level expert for complex construction, permanent, and/or C&I loans.
• Maintain professional post-closing borrower relationships.
• Complete site visits, covenants, and annual reviews timely.
• Maintain reporting on tracking systems for accuracy.
• Participate in meetings, trainings, and special projects.

Skills

Analytical skills

Communication skills

Multitasking

Financial reporting

Risk management

Credit analysis

Regulatory compliance

Abrigo (Sageworks)

Independent work

Education

Bachelor's degree in Finance/Business Administration

Tools

Abrigo (Sageworks)

Job description

Position Summary

Responsible for helping to manage the Commercial & SBA loan portfolio as assigned. Perform loan reviews on the existing portfolio to reaffirm risk ratings, and upgrade/downgrade when applicable, and ensure borrowers are in compliance with covenants. In addition, will be required to occasionally contact borrowers, conduct site visits and customer meetings, and work with the credit team and loan officers to resolve customer problems. Also assist team with various Board and executive management reports.

Essential Functions

• Conduct regular loan monitoring reviews.
• Prepare Credit Reviews to assess asset quality, including performance against original underwriting expectations.
• Evaluate borrower/sponsor financial statements, rent rolls, project status reports, and overall credit condition.
• Coordinate site visits and prepare site visit reports in accordance with Credit policies and procedures.
• Assist the Portfolio Management Team with reporting on the overall portfolio, including asset quality, stress testing, industry and market analysis, asset allocation, reserves, and non-performing loan analysis.
• Maintain accurate loan risk ratings by analyzing loan performance and preparing annual reviews.
• Ensure compliance with the Bank's Credit Policy and regulatory standards.
• Serve as the loan-level expert for a portfolio of complex construction, permanent, and/or C&I loans.
• Maintain a high degree of professionalism in post-closing relationships with borrowers to encourage repeat business.
• Complete site visits, covenants, and annual reviews in a timely manner.
• Maintain reporting information on relevant tracking systems for accurate reporting.
• Participate in meetings, trainings, and special projects as assigned by management.
• Work on miscellaneous projects related to credit functions or across the bank as needed.
• Assist loan officers with Abrigo tickler maintenance, covenant tracking and financial statement retention.
• Follow up with loan officers to obtain updated financial information including business and personal tax returns and personal financial statements.
• Assist borrowers and loan officers in modifying loans as needed for payment modifications, loan restructuring, collateral release, etc.
• Draft memos for any substantial changes in a borrower's financial stability or ownership structure.
• Keep informed of industry changes, trends, and best practices.

Job Requirements and Qualifications

• Strong analytical skills and attention to detail.
• Excellent communication and interpersonal skills.
• Ability to manage multiple tasks and meet deadlines.
• Proficiency in financial reporting and risk management.
• In-depth understanding of credit analysis, due diligence, and loan documentation.
• Knowledge of bank structures, products, procedures, and the economic environment.
• Understanding of regulatory standards and compliance requirements.

Education and Experience

• Bachelor's degree in Finance, Business Administration, or related field.
• Minimum of 5-8 years of experience in portfolio management, preferably within a community bank or similar financial institution.
• Proven track record in managing complex loan portfolios, including real estate-based and business lending.

Knowledge, Skills, and Abilities

• Experience in real estate-based and business lending, including credit analysis, due diligence, and loan documentation.
• Strong analytical skills and attention to detail.
• Excellent communication and interpersonal skills.
• Ability to manage multiple tasks and meet deadlines.
• Proficiency in financial reporting and risk management.
• Experience with Abrigo (aka Sageworks) desired.
• Ability to work independently with little supervision.

Compliance

• It is the responsibility of each bank staff member and management to adhere to policies and procedures designed to implement compliance with the laws and regulations to which the bank is subject. Each bank staff and management member shall be accountable to understand how compliance with laws and regulations affects the performance of their day-to-day duties, for completing compliance training as assigned and for carrying out those duties in a manner to achieve compliance with those laws and regulations.

All qualified applicants will receive consideration for employment without regard to race, color, age, religion, gender, sexual orientation, gender identity, national origin, protected veteran status or disability.

This job description is not an employment agreement or contract, implied or otherwise. Unity Bank maintains "at will" employment.

Unity Bank is committed to the principles of equal employment opportunity and prohibits discrimination in hiring, promotion and terms and conditions of employment on the basis of race, creed, color, national origin/nationality, ancestry, religion/religious practices or observances, age, sex, gender identity or expression, affectional or sexual orientation, marital status, civil union status, domestic partnership status, disability or perceived disability, atypical hereditary cellular or blood trait, genetic information, and status as a veteran or disabled veteran of, or liability for service in, the Armed Forces of the United States.

Unity Bank commits to making reasonable accommodation to the known physical or mental limitations of qualified individuals with disabilities and qualified disabled veterans provided the individual is able to perform the essential functions of the job, unless such accommodation would impose an undue hardship upon Unity Bank. A qualified employee or job applicant with a disability may request a reasonable accommodation by contacting Unity Bank's human resources department.