Portfolio Specialist (Commercial Portfolio Manager)

Michigan Schools and Government Credit Union; Troy (MI); On-site; USD 67,000 - 82,000; Full time

Benefits offered by this job

Health benefits

401(k) match

Paid time off

Holidays

Job summary

Michigan Schools & Government Credit Union (MSGCU) is seeking a Senior Commercial Lender/Portfolio Manager to monitor credit quality, conduct reviews, and support loan renewals across its southeast Michigan portfolio. The role involves risk reporting, site visits, and collaboration with stakeholders to maintain portfolio health.

Applicants should have a Bachelor's degree in Business, Finance, or related field and at least five years of experience in commercial lending or credit analysis, with

Qualifications

• Bachelor’s degree in Business, Finance, Economics, or related field preferred.
• 5 years of experience in commercial lending, credit analysis, or portfolio management with knowledge of financial statements, cash flow analysis, and loan structuring.

Responsibilities

• Monitors the credit quality of the commercial loan portfolio through regular financial reviews, delinquency tracking, and adherence to policies.
• Conducts site visits, supports loan renewals, and prepares risk reporting for leadership review.
• Evaluates portfolio trends such as risk migration, collateral concentrations, and loan mix to provide strategic insight.
• Coordinates loan renewal reviews to assess updated member information and evaluate creditworthiness for approvals or modifications.
• Supports portfolio oversight and provides documentation for auditors and leadership.

Skills

Financial analysis

Cash flow analysis

Loan structuring

Credit risk assessment

Education

Bachelor's degree in Business, Finance, Economics, or related field

Job description

Founded by a small group of educators, Michigan Schools & Government Credit Union (MSGCU) has been providing quality financial services to the community for more 70 years and welcomes everyone in Michigan to bank with us. We are financial champions committed to helping our members achieve financial success by rallying behind them and their goals. As the sixth largest Credit Union in Michigan, MSGCU has 24 branch offices in south east Michigan, over 450 team members, 150,000 members, $4 billion in assets, and a 97% member satisfaction rating for two decades. We are a caring organization that strives to ensure an equitable and inclusive culture where everyone is valued and respected. Our dedication to team member engagement has contributed to the honor of being named a Top Workplace by The Detroit Free Press thirteen years in a row.

If you have a passion for helping people and providing exceptional and dependable service, we want you on our team!

Information about our comprehensive total rewards package can be found here .

• Overview of Responsibilities: Monitors the credit quality of the commercial loan portfolio through regular financial reviews, delinquency tracking, and adherence to policies. Conducts site visits, supports loan renewals, and prepares risk reporting for leadership review. Evaluates portfolio trends such as risk migration, collateral concentrations, and loan mix to provide strategic insight that strengthens overall portfolio management.
• Annual Financial Reviews : Collects and reviews borrower financials and supporting documents required for annual credit assessments to ensure complete and accurate packages. Provides MSGCU with the information necessary to make sound credit decisions and maintain portfolio quality. Verifies that cash flow remains sufficient under loan terms to provide early visibility into changing financial trends. Submits complete accurate packages to Michigan Business Connection (MBC) to ensure transparency and alignment between MSGCU and MBC. Contacts members to obtain missing documentation and identifies concerns that may affect risk ratings. Proactively addresses issues to allow MSGCU time to correct them before risk classifications are adjusted.
• Delinquency Monitoring : Monitors monthly delinquency reports to identify accounts requiring attention to ensure timely action that minimizes loss exposure and protects overall portfolio performance. Contacts members to resolve delinquent payments and ensures issues are corrected proper follow-up to support repayment, maintain accurate account terms and protect portfolio performance. Reviews accounts for compliance with organizational policies and notifies stakeholders when action is required to ensure regulatory requirements are met, account structures are accurate, and required documentation is properly maintained.
• Risk Reporting : Coordinates loan renewal reviews to assess updated member information and evaluate creditworthiness. Provides recommendations for approval or modification that maintain portfolio balance, ensure an appropriate risk mix, and align collateral types with organizational objectives. Analyzes portfolio trends such as risk rating migration, collateral concentration, and participation versus originated loan performance to identify emerging risks and inform long-term portfolio strategy. Conducts annual site visits to verify property conditions and provide MSGCU with an accurate understanding of collateral supporting the loan portfolio. Documents findings and submits results to MBC to ensure timely and accurate risk classification
• Member Relationship Management : Supports loan renewals and site visits by compiling performance data from member activity, financial reviews, and site visits to provide a comprehensive view of the business lending portfolio. Equips decision makers to fully assess portfolio strengths and weakness and identify opportunities for improvement and growth. Supports audit preparation by providing relevant documentation and responding to information requests related to portfolio oversight. Ensures leadership and auditors have the information needed to address inquiries and demonstrate compliance.

Education and Experience Requirements

• Bachelor’s degree in Business, Finance, Economic, or related field preferred; and
• 5 years of experience in commercial lending, credit analysis, or portfolio management required, with demonstrated knowledge of financial statements, cash flow analysis, and loan structuring, preferably within a financial institution.

Working Conditions

• Office and branch location environment with little discomfort from noise, extreme temperature, dust, or other factors.
• Required to travel throughout MSGCU's service area a majority of the time. Team member to provide own transportation with eligibility for on-the-job mileage reimbursement.
• Exposed to potentially hazardous conditions, such as robbery. Receives detailed instructions and security procedures on an annual basis to minimize risk.
• This work involves sitting most of the time with brief periods of walking or standing and may occasionally require lifting and/or moving up to 20 pounds.

Compensation and Benefits

Competitive salaries are just the starting point for MSGCU team members. We also champion our team members with generous health benefits, vacation time, retirement plan contributions and discounts on loans and phone service also come with the job.

• Base salary begins at $74,400 / annually
• Medical, dental and vision on your first day! You can choose the most generous Health Savings Account (HSA)-eligible medical plan with no monthly premium for you (and your family)
• If you are at least 21 years old, you will receive a 3% contribution from MSGCU, and a 100% match for the next 7% you contribute to your 401(k)
• You will enjoy 12 paid holidays and up to 120 hours of PTO your first year of service (pro-rated based on start date)