Portfolio Manager

The Role: Special Assets Portfolio Manager

The Location: Los Angeles, Orange County, San Diego, Ca

Reports To: Director of Portfolio Management

Make a Difference Where It Matters Most

At CalPrivate Bank, we believe banking is personal. We have deep roots in the communities we serve, and our client relationships are built on genuine care, thoughtful problem-solving, and unwavering integrity. Our solutions-based service, paired with best-in-class talent, sets us apart in the market, but it’s trust that defines who we are. It's our gold standard, the currency we trade in, and the foundation of every decision we make.





We’re looking for leaders who want more than a title. We’re looking for team players who want to make an impact. If you're driven to lead with purpose, ready to shape the future and have meaningful impact at a relationship-centered bank, CalPrivate Bank may be the place for you.

Your Opportunity: Special Assets Portfolio Manager

The Special Assets Portfolio Manager plays a critical role in protecting the financial strength, stability, and reputation of the bank by actively managing and resolving classified, criticized, or otherwise challenged credit relationships. This role is responsible for overseeing a portfolio of underperforming or high-risk loans and working collaboratively with lending, credit, and executive leadership to develop thoughtful strategies that minimize loss, preserve client relationships when possible, and support the bank’s long-term financial health.

What You’ll Do

Portfolio Management

• Analyze problem loans and make recommendations to foreclose, repossess, or liquidate collateral when applicable.
• Handle collections and charge-off accounts, assist lending officers on non-special assets accounts and prepare management reports as required.
• Prepare documentation to request repurchase of SBA loans sold on secondary market.
• Recommend legal actions, bankruptcy, foreclosure and judgement processes and repossession or replevin actions in accordance with Bank policy and SBA SOP. 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 applicable.
• Recommend risk rating changes as appropriate.
• Contacts borrowers and/or Relationship Managers for financial documents required to meet loan covenants and loan reviews requirements. Reviews credit memos, BLA and tickler report to ensure consistency.
• Complete covenant compliance memo for approval and file record.
• Regularly reviews the portfolio to ensure credit quality.
• Submit Credit Memorandums to loan approvers and provide support to loan processors as needed to close approved loans.
  
  

Underwriting

• Receive and analyze information from Relationship Managers and prepare credit memorandum.
• Submit CAM to Credit Manager for approval and provide support to loan processors as needed to close approved loans.
  
  

AML/CFT/Compliance Responsibilities

This position includes direct or indirect interaction with customers and other employees and therefore includes responsibilities relating to BSA/AML. The employee will have opportunity to examine and view information and documents produced by other employees of the Bank relating to BSA and therefore has the obligation to report suspicious activity to the BSA Officer as appropriate. The employee is responsible for understanding and following the Bank’s BSA/AML policies including elevating suspicious activity to the BSA Officer. Additionally, the employee is required to understand and follow the Bank’s compliance program BSA/AML policies including elevating suspicious activity to the BSA Officer. Additionally, the employee is required to understand and follow the Bank’s compliance program.

Who You Are

Experience & Expertise

• 5 years of progressive experience in SBA workout & liquidation, commercial loan underwriting, portfolio management or equivalent at a commercial bank.
• Strong financial analysis skills, including the ability to interpret complex financial statements, tax returns, cash flow projections, and global cash flow assessments.
• In-depth knowledge of commercial lending practices, credit policy standards, regulatory requirements, and risk rating methodologies.
• Demonstrated ability to structure credit solutions that balance clients needs with risk mitigation, supported by clear, well-reasoned recommendations in written credit memoranda.
• Experience with diverse credit types, including C&I, commercial real estate, SBA, professional services and privately held business lending.
• Exceptional attention to detail and analytical accuracy, with the ability to identify key credit drivers, emerging risks and appropriate covenant structures.
• Strong communication and partnership skills, with the ability to work effectively with Relationship Managers, Credit Administration, SBA teams, Loan Operations, and senior credit leadership.
• Proven ability to manage multiple priorities, handle a high-volume pipeline, and meet turnaround expectations without compromising quality.
• Proficiency in credit analysis software, financial spreading tools, loan origination systems, and Microsoft Office applications.
• Bachelor’s Degree in Finance, Accounting, Business Administration or a related field, or equivalent experience. Minimum 3-5 years related experience and/or training or equivalent combination of education and experience.
  
  

Mindset & Values

• You lead with accountability, integrity, and consistency.
• You thrive in a collaborative environment where transparency and follow-through matter.
• You model professionalism, calm under pressure, and have a solutions-oriented mindset.
• You embrace data-driven decision-making while maintaining a client-first perspective.
• You embody CalPrivate’s culture, heart for client, excellence in service, and deep commitment to the Bank and its people.
  
  

Physical Demands

• May require some travel in order to support clients, cultivate business development opportunities and meeting with prospects.
• Ability to sit or stand for extended periods of time.
• Ability to physically use a keyboard/mouse
• Ability to walk to and from workstations
• Ability to frequently lift and/or move up to 10lbs and occasionally lift and/or move up to 50 pounds.
• Specific vision abilities required by this job include close vision and ability to adjust focus
  
  

Why CalPrivate Bank?

This isn’t just another bank job. At CalPrivate Bank, you will be part of something bigger. Our day-to-day operations and projects don’t just impact a balance sheet, they influence real people, real businesses, and the communities we proudly serve. We are guided by our commitment to relationships, solutions, and trust. And we’re building a team of people who reflect those values in everything they do.

If you’re looking for a place where your work will matter, your ideas will be valued, and your growth will be supported, welcome to CalPrivate Bank! Ready to lead with purpose?