Liberty Bank - CT · 15 hours ago
Portfolio Manager
New Haven, CT
Full-time
Onsite
Senior Level
5+ years expLiberty Bank is committed to maximizing impact and promoting sustainable initiatives in the community. The Portfolio Manager is responsible for managing customer relationships, minimizing risk, and facilitating loan renewals while ensuring compliance with loan policies and risk assessments.
BankingFinancial Services
Responsibilities
The incumbent is responsible for the ongoing management of customer relationships in the portfolio
The incumbent will analyze, provide recommendations, process, and obtain appropriate approvals for various borrower requests
Working closely with the Relationship Managers, the incumbent will facilitate the tracking and timely renewal of loans and lines of credit by assuring early customer notification of impending maturity dates and obtaining the required financial information to underwrite renewals
Utilizing experience and independent analysis, the incumbent will be expected to make recommendations concerning loan structure, pricing, and appropriate risk ratings based on loan policies and risk rating definitions
The incumbent will also ensure that the overall portfolio risk ratings are current by conducting annual relationship reviews in a timely manner and ensuring that financial information, and file documentation is kept current and in conformity with covenant requirements if applicable
The incumbent will communicate directly with borrowers, as well as borrower’s accountants and attorneys, as necessary to assure adequacy of information needed to complete analysis and underwriting efforts
Works directly with Relationship Managers to convey final recommendations on structure, pricing, etc. in order to complete credit approval write-ups for submission to the appropriate level of credit approval authority
May assist with problem credit resolution by working with Relationship Managers, and legal counsel as appropriate
Continually researches industry trends and events which may impact the creditworthiness of borrowers and utilizes that information as a factor in making real time risk rating assessments
May participate in customer and prospect calls with Relationship Managers as well as maintaining regular contact with existing customers as an adjunct to the Relationship Managers
May assist in prioritizing tasks for less seasoned credit analysts and work with loan servicing staff to assure efficient, accurate, and thorough administration of the loan portfolio
Maximizes cross sell opportunities from our existing customer base by referral to the Relationship Managers or other appropriate areas of the bank such as Cash Management or Investment Services
Ongoing portfolio management responsibilities in the portfolio:
Reviews, documents, and recommends actions for various borrower requests from existing customers. Provides assistance to the Relationship Managers by acting as a key contact for existing customers in order to ensure the highest levels of customer service possible
Performs research and thoroughly investigates all available sources of credit information to ensure accuracy and completeness of credit approval vehicles and credit file documentation. Independently perform extensive narrative analyses of financial information. Serves as a liaison between the Relationship Managers and the loan servicers on operational/documentation issues. Provides assistance to the Relationship Managers in the underwriting and structuring of loan transactions. Performs annual reviews and/or special projects for the CRE portfolio
Utilizes prudent, independent judgment, gained through work experience and formal training, to make prudent assessments of risk in both proposed transactions and in the existing portfolio
Provides guidance to less seasoned Credit Analysts and Loan Servicers to ensure proper presentation of financial data and management of collateral and documentation related issues
Qualification
Required
Bachelors Degree in Business Administration or Finance preferred or equivalent work experience
5+ years of analytical/underwriting experience
Thorough knowledge of existing loan policies, all aspects of financial statement analysis, and industry best practices in risk assessment and management
Excellent written and oral communication skills
High level of proficiency in Word and Excel
Company
Liberty Bank - CT
Established in 1825, Liberty Bank has over $8.0 billion in assets and more than 50 banking offices across Connecticut and Massachusetts.
501-1000 employees
Funding
Current Stage
Late StageLeadership Team
David Glidden
President & CEO
Paul S Young
Chief Financial Officer
Recent News
Hartford Business Journal
2025-07-13
2025-07-07
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