Description:
Our bank client is seeking to fill a Jr. Commercial Portfolio Manager role in the Waukesha, WI area. This selected candidate will be responsible for independently managing a Commercial Loan portfolio. The candidate will manage, acquire, and deepen a portfolio of new and existing profitable lending relationships, with a greater emphasis on maintaining a larger lending portfolio of the Bank’s existing clients.
This position includes a generous salary of up to $70K and a full benefits package. (This is not a remote position).
Jr. Commercial Portfolio Manager Responsibilities Include
- Managing a portfolio of commercial clients including monitoring loan covenants and structuring loan proposals.
- Underwriting and originating of new credits from existing and/or new customers including renewals, modifications, and annual reviews. Making appropriate loan structure recommendations.
- Proactively looks to expand client base by cultivating referral relationships, and target marketing clients/prospects in accordance with the Bank’s marketing standards.
- Meeting and exceeding monthly performance scorecard goals that include but, are not limited to developing new profitable business relationships.
- Enhancing the cross-sell ratio through the expansion and deepening of client penetration as well as job-related behaviors.
- Highly involved in indirect and direct sales calls as well as representing the Bank in various industry-specific trade organizations that promote the Bank’s loan growth within the desired industries.
- Preparing spreads, performing covenant checks, completing loan reviews, updating ticklers, and populating FDM (electronic document storage system) within a reasonable timeframe upon receipt of financial information and/or other requested documentation.
- Spreading, analyzing, and reviewing financial conditions, income sources, and collateral coverage of borrowers including corporations, partnerships, sole proprietors, and individuals.
- Collecting updated borrower financial information in accordance with periodic reporting requirements and completing scheduled loan reviews.
- Preparing loan presentation write-ups for management and loan committee approvals.
- Ensuring that loans and other assets are appropriately, and timely risk rated in accordance with the Bank’s loan policy.