Portfolio Manager
Company: Cal Private Bank
Location: Beverly Hills
Posted on: June 20, 2022
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Job Description:
Description:
CalPrivate Bank is an equal opportunity employer committed to
diversity, equity and inclusion in the workplace.Job Title:
Portfolio ManagerDepartment: Credit AdministrationReports To:
Director of Portfolio ManagementFSLA Status: EXEMPTJob SummaryUnder
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
underwriting new and loan renews.Duties and
ResponsibilitiesPortfolio ManagementCommercial Loan Portfolio,
including monitoring the overall portfolio health, annual loan
reviews, past dues, financial ticklers, reassessment of risk
grades, servicing actions, and communication with SBA on credits,
per CalPrivate Bank and SBA policies and proceduresRecommend legal
actions, bankruptcy, foreclosure and judgement processes and
repossession or replevin actions in accordance with Bank policy.
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 applicableRecommend risk
rating changes as appropriateContact's borrowers and/or
Relationship Managers for financial documents required to meet loan
covenants and loan reviews requirementsResponsible for financial
tickler collection and preparation of needs listReviews credit
memos, business loan agreements and tickler report to ensure
consistencyComplete covenant compliance memo for approval and file
recordRegularly reviews the portfolio to ensure credit
qualityAssists with training of portfolio analysts and other
portfolio managersUnderwritingAnalyze information to underwrite
credit memorandum on new and renewal loans.Underwrite CRE, C&I
new and loan renewalsSubmit CAM to Credit Manager for approval and
provide support to loan processors as needed to close approved
loans.
Requirements:
QualificationsBachelor's Degree in Finance, Accounting, Business
Administration or a related field, or equivalent experience.Minimum
of 3 years of related experience and/or training or equivalent
combination of education and experience.Minimum of 3 years prior
work experience in commercial loan underwriting, loan portfolio
management or equivalent at a commercial bank; SBA workout &
liquidation (SBA only); SBA experience desired but not
required.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 NeededMinimum of 3 years prior work
experience in commercial lending portfolio managementKnowledge in
financial analysis, with the ability to assess business financial
statements and C&I loans.Knowledge in C&I loan
documentationExcellent verbal and written communication
skills.Excellent organizational and time management skillsAbility
to handle multiples tasks at once.Detailed oriented and
accurateAble to meet deadlines and workload demands.Ability to work
effectively with a variety of individuals, strong interpersonal
skills.Proficient in Microsoft Excel and Microsoft WordBusiness
acumen to effectively interact with clients.Team focused and
solution oriented.Must consistently provide the highest level of
customer service.PI181048140
Keywords: Cal Private Bank, Beverly Hills , Portfolio Manager, Executive , Beverly Hills, California
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