Portfolio Manager

Job Description:

TS Bank is seeking to hire a Portfolio Manager. This position is responsible for managing an assigned portfolio of commercial loan relationships, providing responsive client service, maintaining credit quality, and completing timely renewals and other portfolio-related activities. This role assumes ongoing portfolio management responsibilities from outbound calling officers, allowing those officers to devote greater time and capacity to developing new business. The Portfolio Manager works closely with clients, calling officers, credit analysts, loan operations, and other internal partners to monitor financial performance, identify and address risk, structure and document credit requests, resolve servicing needs, and retain and expand existing relationships through appropriate referrals and cross-selling. All responsibilities are performed in accordance with established lending objectives, credit standards, policies, procedures, and regulatory requirements.

Education and/or experience preferred includes: Bachelor's degree (B. A.) from four-year college or university preferred; or three to four years related experience and/or training; or equivalent combination of education and experience.

Location: Council Bluffs, IA

Experience and Skills:

• Assume responsibility for assigned commercial loan relationships transitioned from outbound calling officers and serve as the primary contact for ongoing portfolio management and servicing needs.
• Develop a thorough understanding of each borrower’s business, financial condition, credit structure, collateral, repayment sources, and relationship with the bank.
• Proactively manage upcoming maturities, renewals, annual reviews, financial reporting requirements, covenant compliance, collateral documentation, and other portfolio follow-up items.
• Work with credit analysts to evaluate borrower financial and credit information, collateral, repayment capacity, and the feasibility of granting, renewing, or modifying credit. Correspond with clients to obtain information and resolve questions.
• Prepare and compile complete loan packages, recommend appropriate structures and terms, facilitate negotiations, and submit credit requests through established approval processes.
• Coordinate with loan operations and other internal partners to ensure loan agreements and documentation are complete and accurate and that approved renewals, modifications, closings, and funding activities are completed on time.
• Provide responsive service by assisting clients with inquiries, information requests, and issues related to commercial loan products and services.
• Maintain portfolio quality by monitoring credit performance, risk ratings, delinquencies, covenant exceptions, documentation deficiencies, and emerging risks; escalate concerns promptly and recommend appropriate action.
• Counsel borrowers and recommend remedies for delinquent or troubled credits. Participate in collection and workout processes and help develop revised repayment terms or schedules when appropriate.
• Retain and deepen existing client relationships by identifying needs and making appropriate referrals for cash management, wealth management, insurance, and other bank products and services.
• Collaborate with outbound calling officers on relationship transitions, client communications, complex credit matters, and opportunities that require coordinated coverage.
• Accompany calling officers on selected client visits and relationship meetings when portfolio knowledge, credit expertise, or coordinated support can add value to the relationship.
• Establish and maintain positive relationships with clients, businesses, community partners, and professional advisors while promoting the bank’s favorable image.
• Ability to perform all other duties as assigned.
• Comply with all banking and company regulations, policies, and procedures.
• Ability to read and interpret documents such as safety rules, operating and maintenance instructions, and procedure manuals. Ability to write routine reports and correspondence. Ability to effectively present information and respond to questions from employees of company and the general public. Must possess good communication skills. Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals. Ability to compute rate, ratio, and percent and to draw and interpret bar graphs.
• Ability to operate the following: telephone, personal computer, printer, copy machine, fax machine. Working knowledge of word processing, spreadsheet, and database software programs. Advanced PC knowledge beneficial.
• To effectively perform the job, must have reliable transportation to travel to and from work and other work-related events, meetings, interactions with clients, etc.
• Position may require the ability to work before or after normal business hours, including weekends and overnight travel, to meet required deadlines and attend meetings and/or training programs.

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Benefits

Competitive benefits package:

• Health and dental insurance
• Life insurance package
• Generous PTO and holiday package
• 401K contribution and match
• Professional development expense allowance
• Gym membership reimbursement
• Tuition reimbursement
• Paid volunteer time off (VTO)
• Wellness program