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Portfolio Manager

Company: Cal Private Bank
Location: Beverly Hills
Posted on: June 20, 2022

Job 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.

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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