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Portfolio Manager

Company: Cal Private Bank
Location: Beverly Hills
Posted on: May 14, 2022

Job Description:

CalPrivate Bank is an equal opportunity employer committed to diversity, equity and inclusion in the workplace. Job Title: Portfolio Manager Department: Credit Administration Reports To: Director of Portfolio Management FSLA Status: EXEMPT Job Summary Under the guidance of the Director of Portfolio Management, this position is responsible for the management of commercial lending portfolios and respective borrower relationships, to maximize recovery and mitigate loss. Provide an exemplary level of client service on all commercial lending relationships, whether in a primary or support role. The position may also assist Credit Managers with loan renews. Duties and Responsibilities Portfolio Management

  • Analyze problem loans and make recommendations to foreclose, repossess, or liquidate collateral when applicable.
  • Handle collections and charge-off accounts, assist lending officers on non-special assets accounts and prepare management reports as required.
  • Prepare documentation to request repurchase of SBA loans sold on secondary market.
  • Recommend legal actions, bankruptcy, foreclosure and judgement processes and repossession or replevin actions in accordance with Bank policy and SBA SOP. Including direct communications in negotiations and meeting with attorneys and borrowers.
  • Prepare financial analysis, criticized asset reports, annual loan reviews, covenant monitoring and underwriting renewal loan request as applicable.
  • Recommend risk rating changes as appropriate.
  • Contact's borrowers and/or Relationship Managers for financial documents required to meet loan covenants and loan reviews requirements. Reviews credit memos, BLA and tickler report to ensure consistency.
  • Complete covenant compliance memo for approval and file record.
  • Regularly reviews the portfolio to ensure credit quality. Underwriting
    • Receive and analyze information from Relationship Managers and prepare credit memorandum.
    • Submit CAM to Credit Manager for approval and provide support to loan processors as needed to close approved loans. .

      • Bachelor's Degree in Finance, Accounting, Business Administration or a related field, or equivalent experience.
      • Minimum of 5 years of related experience and/or training or equivalent combination of education and experience.
      • Minimum of 5 years prior work experience in SBA workout & liquidation, commercial loan underwriting, loan portfolio management or equivalent at a commercial bank.
      • Comprehensive knowledge of banking procedures, lending and practices to include regulatory rules and guidelines affecting Bank lending operations, commercial lending and real estate lending. Competencies/Skills Needed
        • 3-5 years prior work experience in SBA workout & liquidation
        • Knowledge of SBA SOP.
        • Knowledge of SBA 10-Tab files and SBA Wrap up Report.
        • Knowledge of bankruptcy, workout, UCC, litigations, foreclosure, and disposition of collateral.
        • Knowledge in financial analysis, with the ability to assess business financial statements and restructure SBA loans accordingly.
        • Knowledge in SBA and C&I loan documentation
        • Excellent verbal and written communication skills.
        • Excellent organizational and time management skills
        • Ability to handle multiples tasks at once.
        • Detailed oriented and accurate
        • Able to meet deadlines and workload demands.
        • Ability to work effectively with a variety of individuals, strong interpersonal skills.
        • Proficient in Microsoft Excel and Microsoft Word
        • Business acumen to effectively interact with clients.
        • Team focused and solution oriented.
        • Must consistently provide the highest level of customer service. PI177069743

Keywords: Cal Private Bank, Beverly Hills , Portfolio Manager, Executive , Beverly Hills, California

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