DanburyRecruiter Since 2001
the smart solution for Danbury jobs

PORTFOLIO MANAGER

Company: Northwest Bank
Location: Carmel
Posted on: April 8, 2021

Job Description:

The level of the position will be determined based on years of experience and skill set the candidate possesses. This position is responsible for driving the loan closing process for C&I and CRE loans and ensuring moderate to higher complexity loan documentation adheres to loan approval. This position acts as a liaison with Credit Administration, Commercial Loan Processing and Servicing departments, internal and external legal counsel, Construction Administration, Loan Review, Audit, and other departments as required. This position ensures timely financial statement collection and proactively identifies and escalates early warning signs within the portfolio. Essential Functions Review credit approval documents to ensure accuracy for documentation purposes Prepare and/or review Commitment letters based on established requirements Review moderate to higher complexity loan documentation to ensure accuracy and accordance with loan approval requirements Facilitate loan closings in conjunction with and on behalf of Relationship Manager Ensure all loan approval conditions have been met within required time frame Ensure timely collection, review and evaluation of all financial statement requirements from borrowers and guarantors Proactively identify and escalate declining financial performance/negative indicators within the loan portfolio on a timely basis Administer moderate to higher complexity construction loans in accordance and in conjunction with the Construction Loan Administration group as needed Follow covenant testing protocols and manage waiver letter process when applicable Act as the first line of defense to recommend and process timely risk rating changes in conjunction with the Relationship Manager Monitor loan management tracking reports and ensure timely action and escalation as warranted collaboratively with Market Executives, Relationship Managers, Credit Administration and Loan Operations Initiate and/or complete loan modifications per established protocols Manage and maintain collateral requirements including ordering appraisals, environmental reports and property searches Coordinate and assist with criticized loan reports as part of the Watch List program Act as a liaison with Commercial Loan Operations, Loan Review, Audit, examiners and other departments as required Jointly call on clients to stay apprised of business activity/performance and serve as additional contact point Facilitate client service requests Optimize client relationships and create an exceptional client experience Comply with all corporate standards and audit-related matters in specific areas of responsibility Remain current on all banking rules and regulations Establish increased productivity and profitability Additional Essential Functions Essential Functions Ensure compliance with Northwest's policies and procedures, and Federal/State regulations Navigate Microsoft Office Software, computer applications, and software specific to the department in order to maximize technology tools and gain efficiency Work as part of a team Work with on-site equipment Additional Responsibilities Complete other duties and special projects as requested by management Safety and Health for those without supervisory duties Abide by the rules of the safety and loss prevention program Perform work tasks in a safe manner Report any and all injuries to supervisor Know what to do in case of an emergency QUALIFICATIONS To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Education Req Pref Bachelor's Degree Business, Finance, or related degree X Work Experience Experience Experience Details Req Pref 6+ years Relevant experience in Commercial Lending as a Portfolio Manager, Relationship Manager and/or Credit Officer/Underwriter working with moderate to complex credits and documentation X 6+ years Experience working with C&I and CRE lending. Construction Administration experience a plus X Role Type for KSAs General Employee General Employee Knowledge, Skills, and Abilities Ability to establish effective working relationships among team members and participate in solving problems and making decisions Extensive Ability to present and express ideas and information clearly and concisely in a manner appropriate to the audience, whether oral or written Extensive Ability to actively listen to what others are saying to achieve understanding, sharing information with others and facilitating the open exchange of ideas and information Extensive Ability to establish courses of action for self to accomplish specific goals, develop and use tracking systems for monitoring own work progress, and effectively use resources such as time and information Extensive Ability to make right decisions based on perceptive and analytical processes, practicing good judgment in gray areas Extensive Additional Knowledge, Skills and Abilities KSAs Ability to perform financial analysis, assess risk, review documentation, coordinate loan closings and administer construction loans Extensive Strong analytical, organizational and critical thinking skills Extensive Team-oriented with ability to monitor and manage multiple responsibilities simultaneously Extensive Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)

Keywords: Northwest Bank, Danbury , PORTFOLIO MANAGER, Executive , Carmel, Connecticut

Click here to apply!

Didn't find what you're looking for? Search again!

I'm looking for
in category
within


Other Executive Jobs


14G Air Defense Battle Management System Operator
Description: Defend the skies using complex technology as an Air Defense Battle Management System Operator for the Army National Guard. You will primarily be responsible for integrating, operating, and maintaining (more...)
Company: Army National Guard
Location: Troy
Posted on: 04/15/2021

Shift Manager- Wendy's Restaurants
Description: Movin on up Families come in all shapes and sizes. And that includes the Wendy s family - the people you work with as a Wendy s Shift Manager.The stuff you want - like fun people, quality food, and a (more...)
Company: Wendy's
Location: Saint James
Posted on: 04/15/2021

Assistant Salon Manager - Van Rensselaer Square
Description: Assistant Salon Manager Got shears and a winning attitude Have a yearning to earn and a desire to support other stylists Then let--s talk Maybe you--re a stylist who wants more
Company: Great Clips
Location: Troy
Posted on: 04/15/2021


Senior Manager, Clinical Data Management
Description: Senior Manager, Clinical Data Management Edison-New Brunswick Metro Area , NJ 07922 Employment Type: Full-Time Job Type: Clinical Job Number: JN -022021-28096 Region: Edison-New Brunswick Metro Area Job (more...)
Company: R&D Partners
Location: New Brunswick
Posted on: 04/15/2021

Director, Online Account Opening Solutions
Description: Job Description - Director, Online Account Opening Solutions 21000236 Job Description Director, Online Account Opening Solutions - 21000236 Description Are you highly motivated, detailed oriented (more...)
Company: CTI Education Group
Location: White Plains
Posted on: 04/15/2021

Outside Sales/Account Manager
Description: Why Join Altec br br An Outside Sales opportunity is open on the East Coast with our Telecommunications sales team. This sales expansion opportunity is open due to the growth and demand in the telecommunications (more...)
Company: Altec Industries, Inc.
Location: New Brunswick
Posted on: 04/15/2021

Licensed Medicare Insurance Agent - State of the Art Lead Management Platform
Description: Considered the gold rush of insurance, Assurance, a Prudential company, is actively looking for independent health insurance agents WITH AHIP certification Residential Insurance License required to (more...)
Company: ASSURANCE Independent Agents
Location: Mount Sinai
Posted on: 04/15/2021

Associate Director, Data Partner, Global Biometrics and Data Science
Description: Associate Director, Data Partner, Global Biometrics and Data Science New Brunswick - NJ - US Bristol-Myers Squibb is a global Biopharma company committed to a single mission: to discover, develop, and (more...)
Company: Bristol-Myers Squibb
Location: New Brunswick
Posted on: 04/15/2021

Licensed Medicare Insurance Agent - State of the Art Lead Management Platform
Description: Considered the gold rush of insurance, Assurance, a Prudential company, is actively looking for independent health insurance agents WITH AHIP certification Residential Insurance License required to (more...)
Company: ASSURANCE Independent Agents
Location: Saint James
Posted on: 04/15/2021

Manager, eCommerce Quality Assurance
Description: Position Title: Manager, eCommerce Quality AssuranceLocation: Hoboken, NJ OR Atlanta, Georgia OR Boca Raton, FloridaReports To: Sr. Manager, QA, Digital Technology, eCommerce br Newell Brands NYSE: (more...)
Company: Newell Brands
Location: Hoboken
Posted on: 04/15/2021

Log In or Create An Account

Get the latest Connecticut jobs by following @recnetCT on Twitter!

Danbury RSS job feeds