Senior Portfolio Manager: CRE/SBA Credit Architect

Encore-Bank; Charleston (SC); On-site; USD 110,000 - 170,000; Full time

Benefits offered by this job

Medical

Dental

Vision

Employer Paid Life Insurance

Supplemental Life Insurance

Employee Stock Program

401K

Job summary

Encore Bank in Charleston, SC seeks a Portfolio Manager III to serve as architect and guardian of the loan lifecycle, turning complex financial data into sound lending decisions. Lead credit memos, structure loans, mentor analysts, and partner with Relationship Managers to move deals forward.

You will handle non-owner occupied CRE, C&I, and SBA lending, analyze financials, ensure compliance, and provide risk-aware recommendations to support timely, accurate approvals.

Qualifications

• At least 7 years of Portfolio Manager, Commercial Banking experience related to credit analysis and/or loan assistant experience or combination thereof.
• Bachelor’s degree preferably in Finance, Accounting or other business related fields.
• Fundamental understanding of commercial credit underwriting.
• Proficiency in analyzing and understanding financial statements, ratios and concepts.
• Ability to manage competing deadlines for projects in a high-pressure work environment with varying degrees of supervision.
• Exceptional written and verbal communication skills.
• Must be well organized and detail oriented with the ability to multi-task.
• Ability to work independently with limited supervision.
• Proficient in Microsoft Office Suite (Word, Excel, PowerPoint).

Responsibilities

• Prepare Loan Offering Memorandum and/or Preflight in a clearly written concise manner identifying loan structure, sources and uses, and debt service coverage.
• Reviews, analyzes, and evaluates financial and pertinent data to determine credit worthiness of loan prospects and merits of specific loan requests.
• Comprehensively reviews the credit package created by the Credit Analyst, reviewing structure, relationship details, collateral details, financial analysis/spreads, policy exceptions, risk rating, etc.
• Provides comments/questions/redline to Credit Analyst.
• Works with Credit Analyst and RM on final review, ensures LOM matches credit memo, and signs off on credit package prior to submission for approval.
• Reads through loan documents to ensure all terms are correct and financial covenants are listed accurately in the Business Loan Agreement before sending to RM for final review.
• Ability to mentor/support junior credit analysts.
• Structures proposals for new, modified, and renewing loans, recommending loan structure, pricing, terms, covenants, etc., all while having a thorough understanding of Loan Policy, working with RM and Credit Analysts to ensure loan structure conforms to policy (noting any policy exceptions) and addresses all credit risks.
• Composes formal term sheet/proposal, working with RM
• Provides autonomous oversight on refinancing of existing loans, amendments/modifications, and provides recommendations to RM regarding any credit deviations, policy exceptions, risks, and/or concerns
• High level of knowledge of non-owner occupied CRE structure and credit parameters, as well as C&I, and SBA 504 and 7A loan structures.
• Ability to provide recommendations on loan structuring and alternative structures that may be more appropriate for the transaction.
• Ability to accurately perform financial forecasting.
• Collaborates with Relationship Manager (RM) on front-end client conversations and gathers high-level details
• Spreads financials in Moody’s and the Bank’s Excel cash flow templates and prepares full credit memos/packages for smaller credits, and/or works with Credit Underwriting as needed/applicable.
• Comprehensively reviews loan package (tax returns, K-1s, interim financials, etc.) prior to submitting to Credit Underwriting [documents/needs checklist].
• Collaborates with Credit Underwriting, RM, and clients to ensure all additional information requested (including underwriting questions) is received and sufficient to address all needs/questions.
• Works with approvers and Credit Analyst to ensure all comments and questions are addressed, responding to each comment/question with the status, nature of update, and/or a redline version.
• Works alongside Credit Analysts to guide the development and analysis of financial data for new, renewing, or modifying credits.
• Writes Credit Memos as needed for collateral releases, loan modifications, and file updates
• Prepares Annual Risk Rating Certifications (on credits of between $1MM and $3MM).
• Prepares Risk Rating Change Forms (see Risk Rating Changes Guide-Procedures).
• Conducts high-level reviews of third-party construction inspection reports to determine whether construction projects are on-time and on-budget. Alerts RM to any concerns and works with borrower and RM to remedy any issues.
• Creates and continuously monitors a portfolio BBC tracking spreadsheet with details on draw requests, contact list, documentation, who does what, etc. [Loan Administrator and Office Manager serve as QC/backup].
• Reviews BBCs and supporting documentation for accuracy and compliance, while ensuring exceptions are cleared in SIBanking. Alerts RM to any concerns regarding trends, over-advances, concentrations, etc. and handles appropriate processes as needed.
• Updates Senior Credit Officer (SCO) on all matters related to asset quality during monthly AQ Meetings, serving as the market’s primary contact for the meeting.
• Ability to spread/review cash flows and Moody’s spreads (prepared by the Credit Analyst, if needed), conduct in-depth analyses of financial information to form a recommendation of approval or denial of new loans in accordance with the Bank’s policy and procedures.
• Ability to spread and interpret financial statements, tax returns, and projections using Excel
• Ability to prepare Credit Reviews for each loan on a regular schedule to review overall asset quality and risk rating including performance against original underwriting expectations.
• Ability to perform the responsibilities of junior levels of Portfolio Manager and Credit Analysts
• Other duties as assigned

Skills

Portfolio Management

Credit Analysis

Financial Analysis

MS Office

Communication

Multi-tasking

Education

Bachelor’s degree in Finance/Accounting or related field

Tools

Excel

Moody’s

Job description

Encore Bank in Charleston, SC seeks a Portfolio Manager III to serve as architect and guardian of the loan lifecycle, turning complex financial data into sound lending decisions. Lead credit memos, structure loans, mentor analysts, and partner with Relationship Managers to move deals forward.

You will handle non-owner occupied CRE, C&I, and SBA lending, analyze financials, ensure compliance, and provide risk-aware recommendations to support timely, accurate approvals.