What are the responsibilities and job description for the Business Loan Portfolio Administrator position at Propell Credit Union?
Job Overview
We are seeking a Business Loan Portfolio Administrator to oversee the management, monitoring, and quality control of our small business commercial loan portfolio. In this role, you will play a critical part in balancing risk and profitability for the Credit Union by tracking key credit metrics, monitoring delinquencies, managing watchlist credits, and assisting with credit underwriting and annual reviews.
Key Responsibilities
- Portfolio Management: Maintain and monitor a portfolio of small business clients, track loan covenants, collect updated financial information, and perform scheduled periodic loan reviews.
- Underwriting & Credit Analysis: Assist with underwriting, annual reviews, renewals, and loan modifications (e.g., rate reductions, collateral releases/substitutions, term changes, guarantor releases) as assigned by the Chief Credit Officer (CCO).
- Risk Management & Reporting: Ensure accurate, timely risk ratings in alignment with Credit Union policies. Draft comprehensive credit memos for material changes in financial stability, debt service coverage, or ownership structures (including risk rating downgrades).
- Committee Presentations: Prepare clear, concise loan presentations and write-ups for management and Loan Committee approval.
- Secondary Market Support: Manage the Available-for-Sale (AFS) commercial loan process by drafting executive summaries, key transaction facts, and structural details for potential loan purchasers.
- Collections & Compliance: Assist with loan collections, workout strategies, and ensure all credit activities comply with organizational policies, procedures, and regulatory standards.
- Other Duties: Support credit union goals through additional duties as assigned.
Qualifications & Requirements
Education & Experience
- Education: Bachelor’s degree preferred, or equivalent professional business experience required.
- Experience: Minimum of 2 years of commercial portfolio management or commercial lending experience at a credit union or community bank, focusing on small business and commercial real estate lending.
- Preferred Background: Familiarity with commercial loan processing, workouts/collections, and SBA 7(a) loan documentation is a strong plus.
Technical & Professional Skills
- Financial Acumen: Proven ability to analyze financial statements, tax return spreads, cash flow, and credit risk metrics.
- Analytical & Problem-Solving: Ability to identify risks proactively, gather data, establish facts, and present actionable conclusions to executive leadership.
- Software Proficiency: High proficiency in Microsoft Office (Excel and Word required). Experience with nCino is strongly preferred.
- Communication: Exceptional written and oral communication skills, including experience drafting executive summaries and credit memos.
- Detail-Oriented & Organized: Exceptional time management skills with sharp attention to detail.
Benefits
- Competitive salary package
- Health, dental, and vision insurance
- 401(k) retirement plan with employer match
- Paid time off (PTO) and paid holidays
- Professional growth and development opportunities
Equal Opportunity Employer
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of this role.
Pay: $70,000.00 - $75,000.00 per year
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Health insurance
- Paid time off
- Vision insurance
Work Location: In person
Salary : $70,000 - $75,000