Portfolio Manager/Commercial Underwriter

We are seeking a Loan Portfolio Manager who thrives in a hands-on setting. You will play a key role in underwriting, portfolio monitoring, and risk analysis across a diverse commercial loan portfolio, while contributing to policy development and strategic initiatives alongside the Chief Credit Officer. If you are someone who combines strong credit acumen with curiosity, sound judgement, and a desire to grow within a close-knit, high-performing team, this role offers a unique platform to make a meaningful impact.

Essential Duties and Responsibilities:

Works in collaboration with Relationship Managers to source sound and profitable credit relationships.

• Analyzes and presents the financial condition of portfolio loans through financial statements obtained from businesses and guarantors.
• Performs comprehensive portfolio-level risk analyses, assessing borrower, collateral, and business line concentrations; conducts stress testing and leverages economic data in support of CECL modeling and requirements.
• Monitors relevant market trends to identify emerging credit issues and inform management as needed.
• Analyzes collateral as a source of repayment and uses knowledge of various collateral types to assess loss potential.
• Participates in special projects as needed and performs other duties as assigned.
• Follows established lending procedures and makes recommendations to change policies/procedures when needed.
• In collaboration with the Chief Credit Officer, oversees key underwriting functions for the Bank, including new loan originations, renewals, and the annual loan review program.

Benefits:

• 401(k) with 4% dollar-for-dollar Employer match
• Paid Time off
• Bank paid Life Insurance at four times your annual salary
• Medical, Dental, Vision Insurance 
• Personal banking and loan benefits

Requirements

Job Skills:

• Excellent organizational, time management and problem-solving skills.
• Experience using underwriting platforms such as SageWorks, Baker Hill, Moody’s, or similar applications is preferred.
• Proficient working knowledge with computer applications including Microsoft Word, Excel and Outlook. 
• Extensive knowledge of financial institution policies and procedures, regulations, and business practices.
• Excellent credit administration skills.
• Advanced analytical, loan structuring, underwriting, documentation, credit analyst skills are required.
• Excellent analytical skills, including the ability to define problems, have corrective solutions, establish facts and draw valid conclusions. 
• Excellent interpersonal skills; collaborate and maintain working relationships internally and externally. 
• Ability to effectively communicate with all levels of management, employees and customers.
• Attention to detail and accuracy.
• Strong oral and written communication skills.

Education:

• Bachelor’s degree in accounting, business administration, finance or other applicable field from an accredited university or equivalent combination of education and experience required.
• Experience underwriting C&I, CRE and construction loans with experience underwriting alternative financing programs such as SBA desired.
• Advanced analytical, loan structuring, underwriting, documentation, credit analyst skills are required.
• Extensive knowledge of lending products, services, lending regulations and compliance requirements  
• Knowledge and understanding of rules and regulations relating to the commercial credit area. 

The Equitable Bank is an Equal Opportunity/Affirmative Action Employer. We consider all qualified applicants without regard to race, color, religion, gender, sexual orientation, gender identity or expression, national origin, age, disability, genetic information, marital or parental status, military service or status as a covered veteran in accordance with applicable federal, state and local laws. The Bank will also not discriminate based on arrest or conviction record unless considered to be a bona fide occupational qualification.