Commercial Loan Portfolio Manager

Commercial Loan Portfolio Manager

VA Office

Role Description Summary:

This role supports the portfolio management, relationship management and business development activities of the Bank’s commercial lending activities in the following Lines of Business: Grocery, Hardware, Retail, Healthcare, NMTC and Alaska/Native.

Responsibilities Include:
• Complete Annual Reviews to ensure the accuracy and completion of records. Additional annual Review activities may include required engagement to make corrections/follow-ups as needed. Annual Reviews include but are not limited to
o Covenants monitoring
o Covenant approval waivers
o Default notice (Reservation of rights level)
o Financial analysis to validate risk ratings
• Conduct site visits with the direction of Business Development Officer (“BDO”), or Team Leader, or Line of Business (“LOB”) Leader as needed.
• Identify, track, and communicate updates for identified risk to Team Leader, The First and Second Line of defense as well as BDOs
• Collaborate with Team Leader and other Portfolio Managers/Relationship Managers (“RM”) to mitigate outstanding challenges, and collaborate with the account manager on issues that require immediate attention
• Fulfill Ad-hoc assignments/portfolio maintenance activities as needed by Team Leader, BDO or LOB Leader, including but not limited to, assist with Deal Discussion, Modification, and Watchlist memos.
• Prepare and communicate findings for all quarterly compliance reports, and loan covenant monitoring for relationships that require quarterly compliance.
• Become proficient utilizing nCino, spreading financial statements, ensuring, and verifying borrowers’ loan covenants and financial reporting, and tasks others when needed. Upload any additional documentation the BDOs and RMs may receive during the review process.
• Stay abreast of NCB’s loan policy, industry trends and issues; attend industry trade shows and seminars, when necessary; and participate in bank focus groups to facilitate the improvement in specific processes relative to the Corporate Team.
• Assist Team Leader with quarterly CU Loan Source monitoring compliance.
• Other Team responsibilities as applicable

Minimum Qualifications:
• Formal Credit Training
• Strong writing and verbal communication skills
• Well organized
• Attention to detail
• Quick learner
• Multi-tasker
• Knowledge of loan documentation
• All Windows based software, Word and Excel
• Spreading tool for Financial Statements
• NCB’s loan approval and relationship management software tools (nCino, Customer Insight)

3+ years of experience in the following Commercial Lines of Business:

 Grocery
 Hardware
 Retail
 Healthcare
 Alaska/Native
• Knowledge of credit administration
• Experience dealing with customers

Education:  B.S. in business related field 

Work Environment:

Hybrid – Employees will work from both remote and onsite locations.  Employees must live within a reasonable commuting distance of the office and are required to be onsite at least two (2) days per week, specifically on Tuesdays and Wednesdays.  Certain positions or business needs may require additional in-office days.

General Notice:

This position description describes the general nature and level of work performed by the employee assigned to this position and should not be interpreted as all inclusive.  It does not state or imply that these are the only duties and responsibilities assigned to the position.  The employee may be required to perform other job-related duties.  All requirements are subject to change and to possible modification to reasonably accommodate individuals with a disability. This position description does not constitute an employment agreement between the Bank and employee and is subject to change by the employer as the needs of the Bank and requirements of the position change.

AA/EOE