Sr. Portfolio Relationship Manager

BankNewport; Middletown (RI); On-site; USD 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a Senior Portfolio Relationship Manager to act as a vital link between the Commercial Lending team and clients. This role emphasizes exceptional customer service and portfolio management, ensuring that client needs are met with responsiveness and care. The ideal candidate will bring extensive experience in commercial loan management, particularly in Real Estate and C&I underwriting. Join a company that values individual growth and fosters a collaborative environment where your contributions can make a significant impact on the community's financial needs.

Qualifications

• 5+ years of experience in commercial loan portfolio management.
• Strong knowledge of banking policies and excellent communication skills.

Responsibilities

• Manage customer portfolios, including annual reviews and renewals.
• Review financials and credit data to identify potential issues.
• Mentor and coach team members to promote cooperation.

Skills

Commercial Loan Portfolio Management

Real Estate Underwriting

C&I Underwriting

Communication Skills

Task Prioritization

Education

College Degree

Formal Credit Training

Job description

Join to apply for the Sr. Portfolio Relationship Manager role at BankNewport

3 days ago Be among the first 25 applicants

Get AI-powered advice on this job and more exclusive features.

Overview

BankNewport has been a community bank since 1819, celebrating over 200 years of service. We are committed to providing our employees with resources and guidance to develop challenging and rewarding careers. We empower and invest in our staff, fostering growth and success.

Position Summary

The Senior Portfolio Relationship Manager acts as a liaison between the Commercial Lending team, Credit Department, and clients. This role involves supporting Loan Officers with portfolio management functions to ensure high levels of service and responsiveness to customers.

Responsibilities

• Manage existing customer portfolios, including annual reviews, renewals, and managing the Bank's tickler system.
• Recommend corrective actions, seek waivers, and assist with covenant testing and loan modifications.
• Review financials, credit data, and collateral analysis to identify potential credit issues.
• Process loan advances, risk rating upgrades/downgrades, and monitor construction loans.
• Handle credit references, audit requests, and pre-payment penalties.
• Handle complex credits with larger exposures, SWAP agreements, and participations.

Teamwork and Process Improvement

• Promote cooperation and innovation within the team.
• Interact with external professionals and support process improvements, including system enhancements.
• Mentor and coach team members.

Customer Experience

• Exceed customer expectations, anticipate needs, and communicate effectively.
• Support customers with inquiries and communicate with internal departments to ensure service quality.

Other Responsibilities

• Participate in professional development and training.
• Perform special projects and act as backup for the Team Manager.

Qualifications

• College degree or formal credit training.
• At least five years of commercial loan portfolio management experience, especially in Real Estate and C&I underwriting.
• Strong knowledge of banking policies, excellent communication skills, and ability to prioritize tasks.

Core Values

• Celebrate individuality, empower employees, invest in customer relationships, and serve Rhode Island’s financial needs.

Physical demands and work conditions are consistent with job requirements; accommodations are available for individuals with disabilities.

Additional Details

• Seniority level: Mid-Senior level
• Employment type: Full-time
• Job function: Sales and Business Development
• Industry: Banking