What are the responsibilities and job description for the Commercial Portfolio Manager position at Veritas Partners?
Our client is a growing financial services company with a national reach. They are currently seeking a Commercial Lending Portfolio Manager to join their team in Northern Virginia.
Candidates must have a minimum of 3 years' experience in a commercial credit analysis, underwriting or portfolio management capacity. Experience with C&I and ABL transactions is preferred. Formal credit training strongly preferred. Bachelor's degree required.
• Work independently to originate, analyze, process and service loans primarily for high activity, high profile or more complex accounts.
• Independently prepare loan proposals and analysis customized to each potential deal.
• Perform portfolio management activities for existing loans to include loan structuring, interest rate conversions and repricings.
• Maintain a high level of member engagement and consult with members to ensure member satisfaction and appropriate relationship and portfolio management for each member.
• Ensure that all credit risk management activities including risk ratings and annual reviews are completed in a timely and accurate manner.
• Assist with preparation of competitive materials and the presentation of materials.
• Help drive a high level of member engagement with focus on preserving the existing loan portfolio, growing loan volume.
• Monitor credit compliance, analyze associated risks, and consult with leadership to develop an action plan for appropriate resolution.
• Monitor competitive issues and loan pricing for portfolio of assigned accounts.
Salary : $110,000 - $150,000