Commercial Loan Portfolio Manager - Tampa FL
Commercial Loan Portfolio Manager - Tampa FL
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Job Description
Job Title:Commercial Loan Portfolio Manager
Primary Location:12471 W. Linebaugh Ave Tampa FL 33626
Employee Status: fulltime salary
Estimated Hours/Week:38
Remote: No
What Youll Get: (note varied offerings based on role and hours)
Weekly Pay
Comprehensive Health & Wellness package including Medical (with prescription coverage) Dental and Vision
Matching Health Savings Account Contributions Dependent Care flexible spending account (FSA)
Retirement options like 401 (k) with company match and pension
Paid time off: Vacation Personal days paid holidays paid volunteer time sick days & flex time
Tuition reimbursement
To see a full list of our benefit offerings check out this helpful guide!
About this position:
The Commercial Loan Portfolio Manager is responsible for assisting an assigned commercial loan officer in managing a portfolio of existing and prospective client relationships. This role partners with the assigned commercial loan officer to successfully grow revenue to meet a budgetary goal as directed by senior management through closing new business relationships and retaining and expanding existing relationships.
What youll do:
Underwriting all types of credit account exposure including but not limited to working capital lines of credit equipment loans acquisition financing owneroccupied construction and investment real estate. Leading underwriting discussions with credit team and commercial loan officers. Facilitating meetings with required individuals to ensure the renewal is properly underwritten and that the loan is renewed on or before the maturity date.
Managing an assigned credit portfolio of approximately $to $in loan commitments. Monitoring all covenants and follow ups immediately on any covenants out of compliance.
Reviewing the expiring financial statement reports to ensure the collection of current and pertinent financial information within prescribed portfolio tolerance. Identifying risks related to borrower operations considering the history of business ownership type of business entity and industry/sector of the borrower. Detecting and reporting the early warning signs of problem credits. Minimizing the risk of credit loss to maintain appropriate risk ratings on all loans. Obtaining and reviewing Compliance Certificates Borrowing Base Certificates and associated receivable payable and inventory reports on a timely basis.
Collaborating with operational areas of the credit union as well as the credit unions legal counsel to facilitate the accurate completion of all necessary loan documents and resolution of collateral or documentation exceptions as needed. Reviewing all necessary loan documents with stated credit approvals and loan polices.
Assisting commercial loan officer in the preparation and presentation of loan requests in committee meetings. Providing customer service participates in joint sales calls with commercial loan officers and identifies customer needs.
What Youll Bring:
Five years to ten years of experience in commercial or related underwriting experience.
Bachelors degree in economics finance accounting or similar field.
Considerable knowledge of commercial lending including letters of credit borrowing base lending ACH and transactions secured by real estate collateral including construction speculative and owner occupied. Demonstrated underwriting skills with experience in credit structuring and prudently accommodating customer credit needs. Strong analytical skills and an understanding of general economic theory as it relates to the lending and business environment. Understanding credit analysis risk analysis and accounting and finance principles. Ability to maintain confidentiality of customer and credit information. Proficient in Excel. Understanding of credit union policies and procedures preferred.
Who We Are:
Were proud of our past thrilled with our present and couldnt be more excited about our future! Lake Michigan Credit Union has grown to become one of the largest credit unions in the nation with our headquarters in West Michigan.
As a credit union LMCU is a notforprofit institution owned by its members instead of corporate stockholders. We are accountable directly to our members and they directly share in our success benefitting by lower and fewer fees better savings and checking interest rates lower cost mortgages and a host of other advantages that simply dont exist at traditional banks.
Its about always doing whats best and right for our members it guides everything we do.
From friendly knowledgeable and professional employees who greet you by name to offering stellar value at every turn LMCU works for its members.
Working with LMCU you can grow and advance in your career and work with talented teams that help you become better each and every day. As an employee you can have confidence in knowing your work is having an impact by supporting our mission of serving our members lifetime financial needs.
Youll be encouraged to innovate and excel and were committed to your empowerment as an employee providing ongoing training development support and opportunities for you to achieve your career goals.
Have additional questions about the role
You may email us at: .
If you lack access to the internet or internet connectivity or have a disability that hinders your ability to apply online please choose one of the following options to obtain assistance:
Call us at:
Mail your resume to: 5664 Prairie Creek Drive Caledonia MI 49316
Please Note: These options are reserved for use by individuals requesting an accommodation as a candidate. Information received via these options will be routed to our HR team who will provide appropriate assistance to facilitate the completion of LMCUs online application.
Required Experience:
Manager
Employment Type
Full-Time
