CRE Portfolio Manager II or III

Northwest Bank • Pittsburgh, PA • 23min ago

IN0534 Fishers, NY0705 NY Region Business Office, OH0523 Independence Bus Office, OH0713 NW Bancshares HQ, PA0220 Erie - 8th & State, PA0258 Bellevue, PA0725 State College Business Office

Job Description

Overview

The Commercial Portfolio Manager is responsible for the ongoing monitoring process for the Bank's commercial loans to ensure timely and accurate risk ratings and compliance with credit policy, loan agreements, and applicable banking regulations. This individual contributor position interacts closely with and supports Commercial Banking Relationship Managers, as well as other internal personnel, on commercial credit portfolio monitoring working under limited supervision. Construction Loan experience is desirable.

Portfolio Manager II or III will be determined based on the candidates knowledge and experience.

Essential Functions

Monitor credit performance of individual commercial borrowers ensuring timely escalation or remediation, as appropriate.

Responsible for the timeliness and accurate reporting of the commercial portfolio monitoring activities and adherence to credit policies, procedures and thresholds related to financial statement collection, covenant testing, collateral valuation, annual reviews, and delinquencies. Evaluation of risk associated with non-compliance.

Engage with customers, regularly, to discuss operating performance and business results including covenant compliance. Gain a thorough understanding of the borrowers' business model and industry trends in order to effectively evaluate sources of repayment and accurately assign risk rating.

Collect and review all pertinent credit and financial information, including but not limited to financial statements, tax returns, due diligence reports, credit bureaus, appraisals, internal credit information, industry research and peer data. Determine the need for more thorough investigation or additional information.

Spread financial statements and prepare financial models designed to assess probability of default and loss given default. Document historic and proforma cash flows, covenant calculations, sensitivity analysis, guarantor statement review, and collateral valuation as appropriate.

Analyze financial information and related materials to ensure prudent ongoing credit monitoring for the Bank's commercial loan portfolio. Analyses to include an independent credit quality assessment with well-supported risk rating rationale, identification of credit risks and mitigants, industry concerns, market trends, financial trends, and other pertinent credit issues. Identify emerging risks or material changes in customers financial position, including evaluation of compliance with loan agreements.

Assist in completion of annual reviews, renewals, interim update memos, covenant calculations and criticized asset reviews. Monitor early warning indicators and other forms of credit surveillance.

Present analysis or address questions during credit discussions or presentations.

Liaison between Commercial Banking Relationship Managers, Credit Risk, the Underwriting Team and Special Assets to ensure necessary credit approvals are obtained and appropriately documented and loan operating system reflects accurate commercial loan data.

Document and track key risk indicators associated with monitoring and control procedures and any applicable thresholds.

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

Qualifications

Bachelor's Degree Accounting, Finance, Economics, or related discipline preferred

Relevant experience in Commercial Lending as a Portfolio Manager, Relationship Manager and/or Credit Officer/Underwriter working with moderate to complex loans and documentation preferred Or

Experience in Commercial Credit or public accounting preferred

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

Credit risk analysis including assessment of financial statements, collateral valuation, industry review, and risk rating assignments, Extensive

Travel Requirements

As Needed for training and occasional team meetings

This position is performed onsite Monday - Thursday with Fridays an optional remote day.

The pay range for this position is generally $61,500 - $110,000 annually.Actual pay is based on various factors including but not limited to the successful candidate's experience, skills, and knowledge.Additional bonus earning opportunities and benefits are also available.

LI-EK1

Northwest is an equal opportunity employer. We are committed to creating an inclusive environment for all employees.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

Similar Jobs

Administrative Technician II - PA Vegetation Management - Washington Service Center

FirstEnergy • Washington, PA • 14min ago

Management & Administrative

Administrative Technician - Washington, PA FirstEnergy at a Glance We are a forward-thinking electric utility powered by a diverse team of employees committed to making customers' lives brighter, the environment better a...

14min ago

Go to Apply

Licensed Relationship Manager in Development - Continuous Opening

Northwest Bank • Bridgeville, PA • 23min ago

Management & Administrative

Job Description Location for this position would be within our Pittsburgh market. DESCRIPTIONAs part of the Branch Banking team, Financial Center Banker will have or acquire an in-depth knowledge of Northwest products an...

23min ago

Go to Apply

Portfolio Manager II or III

Northwest Bank • Pittsburgh, PA • 23min ago

Management & Administrative

IN0534 Fishers, NY0705 NY Region Business Office, OH0523 Independence Bus Office, OH0713 NW Bancshares HQ, PA0220 Erie - 8th & State, PA0258 Bellevue, PA0725 State College Business Office Job Description Overview The...

23min ago

Go to Apply

Licensed Relationship Manager in Development - Continuous Opening

Northwest Bank • Bridgeville, PA • 24min ago

Management & Administrative

24min ago

Go to Apply

ATM Manager

Northwest Bank • Bellevue, PA • 24min ago

Management & Administrative

Job Description Under the direction of the Director of Item Processing, the ATM Manager directs the daily operations of the ATM Operations and Support department. This position requires a holistic knowledge of the ATM ec...

24min ago

Go to Apply

Administrative Assistant - 26005207

University of Pittsburgh • Pittsburgh, PA • 1h ago

Management & Administrative

Administrative Assistant The Office of the Senior Vice Chancellor for Research (OSVCR) is seeking a part-time administrative assistant to provide administrative support for the office. The administrative assistant will p...

1h ago

Go to Apply

Administrative Officer

Veterans Affairs, Veterans Health Administration • Pittsburgh, PA • 1h ago

Management & Administrative

Summary This position is located in the Behavioral Health Service Line (BHSL) in the VA Pittsburgh Healthcare System (VAPHS) and reports to the BHSL Chief. The position provides administrative management including human...

1h ago

Go to Apply

Contracts Manager- Pittsburgh, PA

Lane Construction Corporation • Pittsburgh, PA • 14h ago

Management & Administrative

Lane Construction is one of America's leading construction companies, specializing in large, complex civil infrastructure. For 135 years, it has contributed to the development of the country's transportation systems incl...

14h ago

Go to Apply

project manager

Kokosing Construction • Carnegie, PA • 15h ago

Management & Administrative

Kokosing (www.kokosing.biz) is one of America's 40 largest General Contractors and services a broad spectrum of clients in both the private and public business sectors. Kokosing's services include heavy civil/industrial...

15h ago

Go to Apply

Sales Manager NA

LANXESS Corporation • Pittsburgh, PA • 18h ago

Management & Administrative

Job Highlights Experience / Skills Bachelor's degree in Chemistry, Chemical Engineering, Business, or related field. 5-10 years of experience in a similar role Experience in Personal Care, Cosmetics, Flavors & Fragra...

18h ago

Go to Apply

Subscribe to get new jobs sent directly to you
(no charge, cancel anytime)