SelectLeaders · 22 hours ago
Portfolio Manager
Los Angeles, CA
Full-time
Onsite
Mid, Senior Level
$100K/yr - $120K/yr
5+ years expSelectLeaders is representing a U.S.-based commercial bank that specializes in international trade and small business lending. They are seeking a Portfolio Manager responsible for managing the underwriting quality and credit quality of an assigned portfolio while enhancing customer relationships through tailored financial products and services.
Real Estate
Hiring Manager
Molly Barbino
Responsibilities
Responsible for the credit and monitoring of portfolio risks
Working directly with account officers and team members to effectively grow fees, deposits, and portfolio revenue by presenting financial solutions to customers
Conducts preliminary evaluation and underwriting of loan proposals terms sheets
Contribute to the Team’s overall meeting and/or exceeding the assigned volume/production goals
Identify and recommend changes and enhancements to the Bank’s lending policies and procedures to best serve the current market needs
Responsible for the full cycle of loan requests process. Provide financial analysis, obtain data to prepare a term sheet, and write proposals to expand the lending business
Requests all third party appraisals, environmental reports, and ensures all are within compliance
Identify areas of concern pertaining to a loan and discuss with Account officers
Primary liaison with the Credit Department on loans submitted, prepare risk rating change proposals and facilitate the loan approval
Primary contact for coordinating information between client and internal departments in the loan process
Responsible for communication and finalizing loan closing
Responsible for overseeing renewals, document tickler and covenant tracking of loans
Monitor loan documentation exception reports and follow-up to clear up document exceptions in a timely manner
Monitor financial statement exception reports and follow-up to clear up financial statement exceptions in a timely manner
Works closely with Account Officers to manage maturing and re-price loans and identify new business opportunities
Troubleshoot, report, and manage activity on delinquent accounts at the various intervals
Generate and provide requested reports as necessary on Team’s loan portfolio
Participate in team sales calls and attend external events and activities in a business development role
Qualification
Required
Bachelor's degree in Business, Finance or related field or equivalent experience
Minimum of five (5) years of experience working in a Banking environment with emphasis on credit area required
Prior working experience with loan underwriting is required
Formal credit training is required
Ability to analyze financial and project statements, corporate and personal tax returns
Understanding of basic loan structure processes and regulations associated with lending
Strong understanding of loan documentation criteria
Excellent verbal and written communication skills
Proficiency with Microsoft Office Suite (Word, Excel, Powerpoint)
Excellent interpersonal, customer relations and sales skills
Strong team work ethics is required
Ability to converse and exchange information with all levels of staff within organization
Ability to observe, perceive, identify, and translate data
Ability to work well independently and in a fast-paced environment
Travel within the local market may be necessary
Benefits
Medical insurance with 100% covered premium paid for employees
Dental Insurance
Vision Insurance
401k with company match
Continued Education support and culture invested in professional development
Paid time off
Company
SelectLeaders
SelectLeaders is where real estate professionals and executives manage their careers, network and come for valuable information about their industry.
11-50 employees
Funding
Current Stage
Early StageTotal Funding
unknown2019-12-11Acquired
Leadership Team
Gregg Mayer
Chief Executive Officer
Company data provided by crunchbase