Portfolio Manager

SCHEDULE: Full-time; Monday through Friday (8:00 am – 5:00 pm)

LOCATION: 1009 2nd St, Coralville, IA 52241

BENEFITS: Our employees are our most valuable assets, so we invest in them with a comprehensive and competitive benefits package. Our philosophy of taking care of the customer extends to taking care of our employees so that they, in turn, can take good care of themselves and their families. Join Hills Bank and let us surprise you with even more perks!

SCOPE:

The Portfolio Manager manages and supports commercial loan and deposit portfolios for a group of commercial lenders. Serves as a liaison to the Credit Department underwriters for facilitating the credit needs for new loan requests, modifications, renewals and annual portfolio reviews while working in a branch location. Compiles commercial loan packages ensuring completeness and accuracy of information provided, including reviewing and analyzing financial information, providing recommendations on loan structuring and pricing, determining adherence to loan policy, and recommending risk ratings to existing relationships. Works collaboratively with lenders, credit department and bank staff to serve as support to customers and prospects within the context of risk management. The ideal candidate for the position will have excellent analytical and communication skills, ability to multi-task and meet deadlines, and attention to detail while working independently in a fast-paced environment.

ACCOUNTABILITIES:

Loan Portfolio management – assigned group of Lenders

• Collaborate with assigned lenders in the preparation of credit loan applications through the underwriting process and determine the adequacy of the primary and secondary repayment source, analysis of financial information, formatting requests to adhere to policy, and assessing overall risk to bank capital on all loan types.
• Attend new client meetings as requested with loan officer.
• Timely guide loan requests through the approval process and ensure that the structure meets the needs of the customer and the risk appetite, product package and objectives of the bank.
• Provide ongoing support and guidance to commercial lenders by providing recommendations on loan structuring, credit worthiness of customers, loan and compliance policy adherence, and overall risk to bank capital.
• Analyze financial information to evaluate the credit worthiness of loan requests and perform ongoing portfolio analysis to identify emerging risks, covenant compliance and make an independent credit quality assessment.
• Determine the need for more thorough investigation beyond traditional spreads and cash flow.
• Monitor credit performance of customer portfolios and escalate or remediate, as appropriate.
• Document and track relevant information, reports and memos to ensure necessary credit approvals are obtained, documented and adhered to through closing.
• Ensure loan approval, covenant and loan commitment conditions are timely obtained, documented and followed.
• Properly grades the risk of each loan in the assigned portfolio, per policy. Recommend adjustment to risk grades as circumstances change or new information becomes available.
• Work with lending staff to identify areas of improvement and develop action plans to improve relationships.
• Effectively monitor credit relationships to ensure that loans comply with bank risk, policy and regulatory guidelines.
• Works with lenders, Credit Department and commercial loan processing to minimize past due loans.
• Assist in communications with internal, regulatory, and third-party examiners on credit relationships.
• May participate in joint calls to gain a thorough understanding of the customer's business to effectively assist in the annual reviews and ongoing monitoring activities.
• Attend loan committee and Board Meetings as directed and present loan applications in lender absence.

Other Responsibilities

• Complete duties timely to ensure excellent customer service while adhering to bank policies and procedures.
• Proactively manage and improve processes with direction from supervisor and complete all tasks with little oversight or correction.
• As part of the overall team, this position will be requested to help support and participate in other bank activities.
• Perform other duties as assigned.

EDUCATION AND SPECIAL REQUIREMENTS:

• Bachelor's degree (B.A.) from a four-year college or university in the field of business, including specific courses in accounting, finance, and economics; and 4-7 years in credit or lending experience and/or training.
• Ability to read and analyze financial statements, tax returns, credit reports, and loan documents required.
• Must be skilled in Microsoft Office products plus the ability to be trained on loan-related software products.
• May require work before or after normal business hours depending on volume.

EQUAL OPPORTUNITY EMPLOYER