Portfolio Manager II

Happy State Bank; Round Rock, Northern (TX, KY); Hybrid; USD 90,000 - 120,000; Full time

Job summary

Happy State Bank is seeking a Portfolio Manager II to oversee a loan portfolio, including underwriting and presenting commercial and consumer loans for approval. You will monitor portfolio performance to align with client goals and risk tolerance in a hands-on, compliance-driven environment.

The role requires deep understanding of lending across commercial and consumer products, annual reviews, renewals, negotiations, and collaboration with other portfolio managers.

Qualifications

• College degree in business, finance, economics or accounting preferred.
• Experience and knowledge in lending or banking is expected.

Responsibilities

• Underwrite and present commercial and consumer loans for approval.
• Manage a loan portfolio including lines of credit, term loans and real estate loans.
• Conduct annual reviews and process renewal/increase requests.
• Ensure timely payment of loans in the portfolio.
• Negotiate terms with borrowers and close renewals/increases.
• Collaborate with other portfolio managers on loans as needed.
• Maintain compliance and complete required BSA/AML training.

Skills

Spreadsheet

Word Processing

10-Key

Accounting

Data Entry

Education

Bachelor's degree in business/finance/economics/accounting

Job description

Description

GENERAL DESCRIPTION OF POSITION

The Portfolio Manager II is responsible for the management of a loan portfolio including underwriting and presenting commercial and consumer loans for approval. This position monitors the portfolio to ensure it aligns with the client's financial goals and risk tolerance.

ESSENTIAL DUTIES AND RESPONSIBILITIES

• Underwriting and presenting commercial and consumer loans for approval.
• Managing a loan portfolio including lines of credit, term loans and real estate loans.
• Responsible for annual reviews, renewal and increase requests.
• Ensure timely payment of loans in the portfolio.
• Negotiating terms and conditions with existing borrowers.
• Closing loans renewals/increases in accordance with approved terms and conditions.
• Collaborates with portfolio managers on commercial and consumer loans as needed.
• The ability to work in a constant state of alertness and in a safe manner.
• Completes required BSA/AML training and other compliance training as assigned.
• Perform any other related duties as required or assigned.

QUALIFICATIONS

To perform this job successfully, an individual must be able to perform each essential duty mentioned satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.

EDUCATION AND EXPERIENCE

Broad knowledge of such fields as accounting, marketing, business administration, finance, etc. Equivalent to a four year college degree, plus 5 years related experience and/or training, and 5 years related management experience, or equivalent combination of education and experience.

COMMUNICATION SKILLS

Ability to write reports, business correspondence, and policy/procedure manuals; Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public.

MATHEMATICAL SKILLS

Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference, and volume. Ability to apply concepts such as fractions, ratios, and proportions to practical situations.

CRITICAL THINKING SKILLS

Ability to solve practical problems and deal with a variety of known variables in situations where only limited standardization exists. Ability to interpret a variety of instructions furnished in written, oral, or diagram formats.

SOFTWARE SKILLS REQUIRED

Intermediate: Spreadsheet, Word Processing/Typing
Basic: 10-Key, Accounting, Alphanumeric Data Entry

WORKING CONDITIONS

Normal working conditions as found within an office setting, wherein there is controlled temperature and a low noise level, plus a minimum of distractions.

ENVIRONMENTAL CONDITIONS

The following work environment characteristics described here are representative of those an employee encounters while performing essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

The noise level in the work environment is usually moderate.

PHYSICAL ACTIVITIES

Moderate diversity, low physical. Work activities which allow for a moderate amount of diversity in the performance of tasks which are not as varied as those positions with high-level diversity and decision-making.

While performing the functions of this job, the employee is regularly required to sit, talk or hear, reach with hands and arms; frequently required to use hands to finger, handle, or feel; and occasionally required to stand, and walk. The employee must occasionally be required to lift and/or move up to 25 pounds. Specific vision abilities required by this job include close vision.

ADDITIONAL INFORMATION

• College degree in general business, finance, economics or accounting, preferred
• Five (5) years lending experience
• Five (5) years’ experience with banking, investment, or economic analysis
• Two (2) years’ experience using Microsoft Word and Excel
• Must have general computer skills
• The ability to communicate using oral and written skills

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.