Portfolio Manager III

GENERAL DESCRIPTION OF POSITION

The Portfolio Manager III is responsible for the management of a loan portfolio, including underwriting and presenting commercial and consumer loans for approval. This position provides guidance and expertise to portfolio managers and collaborates with clients to understand their financial goals and risk tolerance.

ESSENTIAL DUTIES AND RESPONSIBILITIES

1. Underwriting and presenting commercial and consumer loans for approval.
2. Managing a loan portfolio including lines of credit, term loans and real estate loans. Responsible for annual reviews, renewal and increase requests.
3. Ensure timely payment of loans in the portfolio.
4. Negotiating terms and conditions with existing borrowers.
5. Closing loans renewals/increases in accordance with approved terms and conditions.
6. Provides guidance and assists the Portfolio Manager I and II as needed.
7. The ability to work in a constant state of alertness and in a safe manner.
8. Completes required BSA/AML training and other compliance training as assigned.
9. Perform any other related duties as required or assigned.

RESPONSIBILITIES FOR WORK OF OTHERS

Supervises a small group (1-3) of employees in the same or lower classification. Assigns and checks work; assists and instructs as required, but performs same work as those supervised, or closely related work, most of the time. Content of the work supervised is of a non-technical nature and does not vary in complexity to any great degree.

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 8 years related experience and/or training and 5 years related management 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

Not indicated.

PREFERRED CERTIFICATES, LICENSES, REGISTRATIONS

Not indicated.

SOFTWARE SKILLS REQUIRED

Basic: 10-Key, Accounting, Alphanumeric Data Entry

Intermediate: Spreadsheet, Word Processing/Typing

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 (business office with computers/printers, light traffic, etc.).

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.

While performing the functions of this job, the employee is occasionally required to stand, walk; regularly required to sit, reach with hands and arms, talk or hear; frequently require to use hands to finger, handle, or feel. The employee must occasionally lift and/or move up to 10 pounds; occasionally lift and/or move up to 25 pounds. Specific vision abilities require by this job include close vision.

ADDITIONAL INFORMATION

- College degree in general business, finance, economics or accounting, preferred
- Eight (8) years lending experience
- Five (5) years’ experience with banking, investment, or economic analysis
- Two (2) years’ experience using Microsoft Word and Excel
- Must have general computer skills
- The ability to communicate using oral and written skills