Senior Commercial Loan Portfolio Manager

Dollar Bank, FSB

Virginia Beach (VA)

On-site

USD 69,000 - 86,000

Full time

14 days+

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Job summary

Dollar Bank, FSB is seeking a Portfolio Manager in the Virginia Beach area to oversee assigned Business Banking loan portfolios, support servicing and growth, and coordinate closings and funding with borrowers, CDCs, attorneys, and internal teams.

The role requires 3 years of commercial loan portfolio administration experience, knowledge of SBA lending programs (including 504 loans), and strong organization and communication skills. A college degree is preferred and salary offers are provided.

Qualifications

3 years of commercial loan portfolio administration experience.
Knowledge of commercial lending products, credit administration practices, loan documentation requirements, and portfolio management processes.
Ability to work independently and manage competing priorities.

Responsibilities

Manage assigned Business Banking loan portfolios, supporting servicing, maintenance, growth, retention, and relationship management.
Create and maintain credit files; compile information for renewal or review of credit facilities.
Assist in completing 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, and obtain required post-closing documentation.
Coordinate commercial construction and SBA 504 loan closings, advances, and funding with borrowers, CDC processors, attorneys, title companies, internal teams and others; review budgets and draw documentation.
Monitor insurance, documentation and financial statement exceptions, GL activity, and servicing requirements.
Complete routine correspondence and other assigned duties.