Position Summary

The portfolio manager will manage the Commercial & SBA loan portfolio. The employee will perform loan reviews on the existing portfolio to reaffirm risk ratings, and upgrade/downgrade when applicable, and ensure borrowers are in compliance with covenants. In addition, the employee will be required to contact borrowers, conduct site visits and customer meetings, and work with the credit team and loan officers to resolve customer problems.

Essential Functions

• Follow up with borrowers to obtain updated financial information including business and personal tax returns and personal financial statements.
• Research real estate taxes; work with borrowers and loan officers to resolve delinquencies and establish escrow accounts for payments.
• Monitor the monthly matured report, and work with account officers to renew or extend loans.
• Obtain required information from borrowers to complete annual loan reviews.
• Perform site visits
• Assist borrowers and loan officers in modifying loans as needed for payment modifications, loan restructuring, collateral release, and new money requests.
• Prepare loan files for submission to outside counsel.
• Draft memos for any substantial changes in a borrower's financial stability or ownership structure.
• Follow up with closing department, title companies, and attorneys for trailing documents such as mortgages, assignments of leases and rents, and title policies.
• Communicate with people outside the organization on a regular basis including regulators, auditors, customers, attorneys, law enforcement, and the general public.
• Keep informed of industry changes, trends, and best practices.
• Process servicing requests, e.g. release or subordination of collateral, for existing loan customers.

Job Requirements and Qualifications

• Job requires strict attention to details and thoroughness in the completion of job duties.
• Job requires the use of computers for various applications, such as database management and word processing and financial calculations.
• Job requires developing constructive and cooperative relationships with others.
• Job requires a high level of coordination, organization, planning, and prioritization of work, and management of one's own time.
• Job requires a willingness to take on responsibility and challenges.
• Job requires ability to solve complex credits.

Education and Experience

• Bachelor's degree in accounting, finance, business, or related field, or equivalent years of relevant work experience in credit administration or commercial lending
• Three years of experience in a financial institution's commercial loan department.

Licenses and Certifications

N/A

Knowledge, Skills, and Abilities

• Ability to read, comprehend, analyze, and interpret financial statements, including but not limited to: Balance Sheets, Income Statements
• Ability to calculate figures such as cash flow, loan-to-value, and other applicable financial ratios.
• Ability to read, comprehend, analyze, and interpret legal documents, governmental regulations, and professional publications.
• Excellent oral and written communication skills.
• Excellent computer skills in a Microsoft Windows environment including proficiency in Word and Excel.
  • Experience with Abrigo (aka Sageworks) desired.
• Ability to collaborate and relate well to all kinds of people, build appropriate rapport and constructive, effective relationships, and use tact and diplomacy to handle situations comfortably.
• Ability to write reports and business correspondence.
• Ability to speak and write clearly in order to effectively convey information so that others understand and as appropriate for the needs of the audience.
• Ability to apply common sense understanding to carry out written and oral instructions.
• Ability to work independently with little supervision.

Physical Requirements

• Ability to sit for long periods of time up to 75% of work hours.
• Ability to travel within Unity Bank's lending footprint to perform site visits
• Ability to use hands to grasp, handle or feel.
• Ability to use computer keyboard and system to enter data and process information.
• Ability to use telephone to communicate with customers and employees.
• Ability to use office equipment such as teller scanner, personal computer, telephone, mobile device, copier,

Working Conditions

Moderate sound as in business office with office machines, computers, and people traffic.

• Open floor work environment.

All qualified applicants will receive consideration for employment without regard to race, color, age, religion, gender, sexual orientation, gender identity, national origin, protected veteran status or disability.

This job description is not an employment agreement or contract, implied or otherwise. Unity Bank maintains "at will" employment.

This document describes the position currently available. It is intended to convey information essential to understanding the scope of the position and is not an exhaustive list of skills, efforts, duties, responsibilities, or working conditions associated with it. Unity Bank reserves the right to modify duties or job descriptions at any time. Nothing in this job description restricts management's right to assign or reassign duties and responsibilities at any time. Individuals may perform other duties as assigned, including work in other functional areas to cover absences or relief, to equalize peak work periods, or otherwise balance the workload.

Unity Bank is committed to the principles of equal employment opportunity and prohibits discrimination in hiring, promotion and terms and conditions of employment on the basis of race, creed, color, national origin/nationality, ancestry, religion/religious practices or observances, age, sex, gender identity or expression, affectional or sexual orientation, marital status, civil union status, domestic partnership status, disability or perceived disability, atypical hereditary cellular or blood trait, genetic information, and status as a veteran or disabled veteran of, or liability for service in, the Armed Forces of the United States.

Unity Bank commits to making reasonable accommodation to the known physical or mental limitations of qualified individuals with disabilities and qualified disabled veterans provided the individual is able to perform the essential functions of the job, unless such accommodation would impose an undue hardship upon Unity Bank. A qualified employee or job applicant with a disability may request a reasonable accommodation by contacting Unity Bank's human resources department.