Portfolio Manager
Portfolio Manager
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Not Disclosed
Salary Not Disclosed
1 Vacancy
Job Description
- Perform timely financial analysis/underwriting for renewals annual reviews and modifications (extensions waivers amendments etc.) by effectively weighing IDBNYs credit policies and understanding of desired risk profile
- Proactively monitor the portfolio for indicators of stress/risk such as failed covenants downward financial statement trends payment schedule interruptions collateral devaluation etc.
- Keep RMs informed of any issues with credit or portfolio risk
- Identify and inform RM of cross-sell referral and credit expansion opportunities
- Ensure thorough and on-time collection of financial statements rent rolls and other required reporting requirements to allow for timely completion of End of Month (EOM) reports required for portfolio management
- Support RMs in providing top client service in-line with the banks expected high standards
- Remain well informed on all client matters to minimize risk
- Complete the annual review of credits
- Remain fully compliant on all client matters
- Achieve all individual goals and contribute to all team goals
- Develop positive working relationships with all segments and individual bank partners
- Complete all required training timely
- Conduct oneself as a true brand ambassador for the bank
#LI-Hybrid
Qualifications :
- Portfolio Manager needs to have strong credit and organizational skills as well as solid understanding of commercial lending.
- Minimum experience of 3 5 years in commercial loan portfolio management/underwriting or another relevant area required
- Must be able to work as part of the Middle Office team working together with Direct Manager Account Officers and Group Manager
- Willingness to take on special projects as they arise.
- Should already be familiar with bank reports systems and processes
- Should possess strong communication skills (verbal and written)
- Ability to work in a collaborative environment and while meeting tight deadlines
- Bachelors degree in a related field required
Technology Skills:
- Strong technical skills including MS Office: Excel Word and PowerPoint
- Prior experience with Salesforce and Core Banking systems is beneficial but not required. Other CRM experience is a plus.
- Jack Henry/SilverLake FiServ banking application experience is a plus but not required.
Please note that this role requires on-site presence while the Bank has a hybrid schedule it is dependent on the position the hiring manager and business needs. Some roles may require to be 4/5 days in the office.
Compensation
The expected annual salary for this position is between $90000 and $110000 at the start of employment. A salary offer is determined on an individualized basis taking into consideration factors such as an individuals skills and addition to base salary our total rewards package also includes eligibility for an annual bonus medical pharmacy dental and vision plans life and disability insurance employee wellness program retirement and savings plans with employer contributions generous holiday and paid time off schedules parental leave and tuition reimbursement.
Additional Information :
The Bank will make reasonable accommodations to the following employees to allow them to perform the essential functions of their position except where doing so would result in undue hardship to the Bank:
- Those with a known mental or physical disability.
- Pregnant individuals and/or individuals with pregnancy or childbirth-related medical conditions.
- Victims of domestic violence sex offenses or stalking.
- Employees with religious observance and practice obligations.
Any employee who believes he or she needs an accommodation for any of the above reasons should contact their supervisor or a member of Human Resources to request such an each case the Bank will engage in a good faith written or oral dialogue concerning the individuals accommodation needs; potential accommodations that may address the individuals accommodation needs including alternatives to a requested accommodation; and the difficulties that such potential accommodations may pose for the employer.
The Bank retains the ultimate discretion to choose the appropriate reasonable accommodation. Upon reaching a final determination at the conclusion of the cooperative dialogue the Bank will provide the requesting individual with a written final determination identifying any accommodation granted or addition the Bank will maintain any information regarding the employees request and status in the strictest confidence except as requested by the employee as required on a need-to-know basis or as otherwise required by law.
Disclaimer
The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not to be construed as an exhaustive list of all responsibilities duties and skills required of personnel so classified. All personnel may be required to perform duties outside of their normal responsibilities from time to time as needed.
All your information will be kept confidential according to EEO guidelines.
IDB BANK INCLUDING ITS SUBSIDIARIES AND DIVISIONS PROVIDES EQUAL EMPLOYMENT OPPORTUNITIES TO ALL EMPLOYEES AND APPLICANTS FOR EMPLOYMENT WITHOUT REGARD TO RACE COLOR RELIGION SEX SEXUAL ORIENTATION NATIONAL ORIGIN AGE DISABILITY GENETIC STATUS CITIZENSHIP STATUS MARITAL STATUS MILITARY OR VETERAN STATUS CURRENT UNEMPLOYMENT OR ANY OTHER LEGALLY PROTECTED CATEGORY IN ACCORDANCE WITH APPLICABLE FEDERAL STATE AND LOCAL LAW. NOTHING IN THIS SITE CONSTITUTES A PROMISE OR OFFER OF EMPLOYMENT.
IDB BANK INCLUDING ITS SUBSIDIARIES AND DIVISIONS PROVIDES EQUAL EMPLOYMENT OPPORTUNITIES TO ALL EMPLOYEES AND APPLICANTS FOR EMPLOYMENT WITHOUT REGARD TO RACE COLOR RELIGION SEX SEXUAL ORIENTATION NATIONAL ORIGIN AGE DISABILITY GENETIC STATUS CITIZENSHIP STATUS MARITAL STATUS MILITARY OR VETERAN STATUS CURRENT UNEMPLOYMENT OR ANY OTHER LEGALLY PROTECTED CATEGORY IN ACCORDANCE WITH APPLICABLE FEDERAL STATE AND LOCAL LAW. NOTHING IN THIS SITE CONSTITUTES A PROMISE OR OFFER OF EMPLOYMENT.
IDB BANK INCLUDING ITS SUBSIDIARIES AND DIVISIONS PROVIDES EQUAL EMPLOYMENT OPPORTUNITIES TO ALL EMPLOYEES AND APPLICANTS FOR EMPLOYMENT WITHOUT REGARD TO RACE COLOR RELIGION SEX SEXUAL ORIENTATION NATIONAL ORIGIN AGE DISABILITY GENETIC STATUS CITIZENSHIP STATUS MARITAL STATUS MILITARY OR VETERAN STATUS CURRENT UNEMPLOYMENT OR ANY OTHER LEGALLY PROTECTED CATEGORY IN ACCORDANCE WITH APPLICABLE FEDERAL STATE AND LOCAL LAW. NOTHING IN THIS SITE CONSTITUTES A PROMISE OR OFFER OF EMPLOYMENT.
Remote Work :
No
Employment Type :
Full-time
Employment Type
Full-time
