Association Banking Portfolio Manager

GENERAL DESCRIPTION OF POSITION

The Association Banking Portfolio Manager is responsible for the management of an Association Banking loan portfolio, as well as underwriting and presenting community association loans for approval.

ESSENTIAL DUTIES AND RESPONSIBILITIES

1. Underwrite and present community association loans for approval.

2. Manage an association banking loan portfolio, including lines of credit and term loans which are collateralized by assignment of assessment rights or cash security. Responsible for annual reviews, renewal, and increase requests.

3. Ensure timely payment of loans in the portfolio.

4. Negotiate terms and conditions with existing borrowers.

5. Close loan renewals/increases in accordance with approved terms and conditions.

6. Responsible for obtaining applications, forms, and documentation necessary to close and maintain Association Banking loans. This duty is performed daily, about 10% of the time.

7. Request and review required due diligence, credit analysis, and cash flows for Association Banking loans.

8. Request and obtain necessary documentation via Vendor Order for Association Banking.

9. Organize and fund Association Banking loan closings with borrowers, in accordance with bank practices.

10. Create and verify required Association Banking loan documentation needed for closing.

11. Prepare Association Banking loans to be submitted for booking and imaging.

12. Monitor and clear exceptions in the portfolio.

13. Submit adverse action requests for processing on Association banking denials, withdrawn loans, and counter offers.

14. The ability to work in a constant state of alertness and in a safe manner.

15. Completes required BSA/AML training and other compliance training as assigned.

16. Perform any other related duties as required or assigned.

QUALIFICATIONS

To perform this job successfully, an individual must be able to perform each essential duty mentioned satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.

EDUCATION AND EXPERIENCE

Broad knowledge of such fields as accounting, marketing, business administration, finance, etc. Equivalent to a four year college degree, plus 5 years related experience and/or training, and 5 years related management experience, or equivalent combination of education and experience.

COMMUNICATION SKILLS

Ability to write reports, business correspondence, and policy/procedure manuals; Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public.

MATHEMATICAL SKILLS

Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference, and volume. Ability to apply concepts such as fractions, ratios, and proportions to practical situations.

CRITICAL THINKING SKILLS

Ability to solve practical problems and deal with a variety of known variables in situations where only limited standardization exists. Ability to interpret a variety of instructions furnished in written, oral, or diagram formats.

REQUIRED CERTIFICATES, LICENSES, REGISTRATIONS

This position requires S.A.F.E. Act registration at the time of employment through the Nationwide Mortgage Licensing Systems (NMLS). The NMLS web site provides the MU4R questions and registration required for employment in this position.

PREFERRED CERTIFICATES, LICENSES, REGISTRATIONS

Not indicated.

SOFTWARE SKILLS REQUIRED

Intermediate: Accounting, Spreadsheet, Word Processing/Typing

Basic: 10-Key, Alphanumeric Data Entry

WORKING CONDITIONS

Normal working conditions as found within an office setting, wherein there is controlled temperature and a low noise level, plus a minimum of distractions.

ENVIRONMENTAL CONDITIONS

The following work environment characteristics described here are representative of those an employee encounters while performing essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

The noise level in the work environment is usually moderate.

PHYSICAL ACTIVITIES

The following physical activities described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions and expectations.

Moderate diversity, low physical. Work activities which allow for a moderate amount of diversity in the performance of tasks which are not as varied as those positions with high-level diversity and decision-making.

While performing the functions of this job, the employee is regularly required to sit, reach with hands and arms, talk or hear; frequently required to use hands to finger, handle, or feel; and occasionally required to stand, walk. The employee must occasionally lift and/or move up to 25 pounds. Specific vision abilities required by this job include close vision.

ADDITIONAL INFORMATION

Required education and experience:
-Five (5) years lending experience.
-Five (5) years experience with banking, investment, or economic analysis.
-Two (2) years experience using Microsoft Word and Excel.

Preferred education and experience:
-College degree in general business, finance, economics or accounting, preferred.

Required proficiencies:
-Must have general computer skills.
-The ability to communicate using oral and written skills.