Pacific Premier Bank
Sr Portfolio Manager - C&I
Pacific Premier Bank, Irvine, California, United States, 92713
Corporate 1791117911 Von Karman AveIrvine, CA 92614, USA
Description
The Sr. Portfolio Manager will be responsible conducting risk management reviews and monitoring the accuracy of client portfolios to establish compliance with loan approval conditions. The incumbent in this position will demonstrate sound underwriting capacity, depth of experience in a wide variety of loan types and complexities, and the ability to manage a portfolio with limited supervision. Must have experience with C&I loans.RESPONSIBILITIESResponsible and accountable for credit underwriting and origination of new credits from existing and/or new customers to include renewals, modifications, and annual reviews. Make appropriate loan structure recommendations.Order and/or perform property inspections and/or valuation updates on real estate collateral per Bank policy.Monitor credit risk by periodically evaluating financial trends, credit bureau reports, pay habits, covenant compliance and other sources of information of the borrower and guarantor(s); report any adverse situations and make appropriate recommendations.Collect updated borrower financial information in accordance with periodic reporting requirements and complete scheduled loan reviews.Grade loans based on periodic review of financial or other information or data that may prompt a risk grade change.Ensure, by working with the Relationship Managers and the Borrowers, that all correspondence and updated information is maintained in credit files (i.e. approvals, financials reporting and documentation related to renewals, modifications, forbearances and waivers, etc.).Collaborate with Relationship Managers on the assigned loan portfolio. • Coordinate with Borrowers on payoffs, line of credit advances, loan draws, etc.Authorizes approval up to a specific amount for new loans, renewals and modifications.Responsible for performing all job functions with a sense of urgency and in a timely manner.Maintain and cultivate an effective working relationship with Internal (loan production staff, branches, and credit administration) and External clients (borrowers, brokers, etc.).Responsible for maintaining a positive and professional relationship with customers and business partners (which include third party lenders, attorneys and other external parties) by responding promptly for any and all requests in a responsive, consistent and accurate manner.QUALIFICATIONSMinimum 5 years of experience in the banking industryExperience in portfolio management with Commercial & Industrial loans required7 years of experience in portfolio management; depth of experience in a wide variety of loan types and complexities.Relevant work experience in commercial lending function (commercial real estate, construction, small business lending, etc.) preferably within the banking industryA reasonable, good faith estimate of the minimum and maximum base salary or pay for this position is $ 110,483.12
to
165,724.68
. Actual compensation will vary based on various factors including but not limited to location, experience, and performance. A discretionary bonus and/or business line incentive may be provided, in addition to a medical and other benefits, dependent on the position. For more information regarding our benefits, please visit
https://www.ppbi.com/careers.htmlCA (Los Angeles applicants): Applicants are notified that the Company is an insured depository institution subject to the restrictions and requirements of Section 19 of the Federal Deposit Insurance Act (12 CFR 303) (“Section 19”). In accordance with Section 19, the Company will consider an applicant’s criminal history after an applicant is made a conditional offer of employment. Qualified applicants with criminal conviction records will be considered for employment in accordance with the Los Angeles Fair Chance Ordinance. Section 19 may prohibit the Company from employing an applicant with criminal conviction(s) for fraud, breach of trust, embezzlement, mishandling of money or any crime of violence may have a direct impact on the job duties as set forth in the job description and such convictions may result in withdrawal of a conditional offer of employment in accordance with the Los Angeles Fair Chance Ordinance. Because of the nature of our business, a review of your criminal history is necessary to comply with Section 19 and to avoid substantial risk to our business operations and licensing.#LI-OnsiteEqual Opportunity Employer/Protected Veterans/Individuals with DisabilitiesThe contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)
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Description
The Sr. Portfolio Manager will be responsible conducting risk management reviews and monitoring the accuracy of client portfolios to establish compliance with loan approval conditions. The incumbent in this position will demonstrate sound underwriting capacity, depth of experience in a wide variety of loan types and complexities, and the ability to manage a portfolio with limited supervision. Must have experience with C&I loans.RESPONSIBILITIESResponsible and accountable for credit underwriting and origination of new credits from existing and/or new customers to include renewals, modifications, and annual reviews. Make appropriate loan structure recommendations.Order and/or perform property inspections and/or valuation updates on real estate collateral per Bank policy.Monitor credit risk by periodically evaluating financial trends, credit bureau reports, pay habits, covenant compliance and other sources of information of the borrower and guarantor(s); report any adverse situations and make appropriate recommendations.Collect updated borrower financial information in accordance with periodic reporting requirements and complete scheduled loan reviews.Grade loans based on periodic review of financial or other information or data that may prompt a risk grade change.Ensure, by working with the Relationship Managers and the Borrowers, that all correspondence and updated information is maintained in credit files (i.e. approvals, financials reporting and documentation related to renewals, modifications, forbearances and waivers, etc.).Collaborate with Relationship Managers on the assigned loan portfolio. • Coordinate with Borrowers on payoffs, line of credit advances, loan draws, etc.Authorizes approval up to a specific amount for new loans, renewals and modifications.Responsible for performing all job functions with a sense of urgency and in a timely manner.Maintain and cultivate an effective working relationship with Internal (loan production staff, branches, and credit administration) and External clients (borrowers, brokers, etc.).Responsible for maintaining a positive and professional relationship with customers and business partners (which include third party lenders, attorneys and other external parties) by responding promptly for any and all requests in a responsive, consistent and accurate manner.QUALIFICATIONSMinimum 5 years of experience in the banking industryExperience in portfolio management with Commercial & Industrial loans required7 years of experience in portfolio management; depth of experience in a wide variety of loan types and complexities.Relevant work experience in commercial lending function (commercial real estate, construction, small business lending, etc.) preferably within the banking industryA reasonable, good faith estimate of the minimum and maximum base salary or pay for this position is $ 110,483.12
to
165,724.68
. Actual compensation will vary based on various factors including but not limited to location, experience, and performance. A discretionary bonus and/or business line incentive may be provided, in addition to a medical and other benefits, dependent on the position. For more information regarding our benefits, please visit
https://www.ppbi.com/careers.htmlCA (Los Angeles applicants): Applicants are notified that the Company is an insured depository institution subject to the restrictions and requirements of Section 19 of the Federal Deposit Insurance Act (12 CFR 303) (“Section 19”). In accordance with Section 19, the Company will consider an applicant’s criminal history after an applicant is made a conditional offer of employment. Qualified applicants with criminal conviction records will be considered for employment in accordance with the Los Angeles Fair Chance Ordinance. Section 19 may prohibit the Company from employing an applicant with criminal conviction(s) for fraud, breach of trust, embezzlement, mishandling of money or any crime of violence may have a direct impact on the job duties as set forth in the job description and such convictions may result in withdrawal of a conditional offer of employment in accordance with the Los Angeles Fair Chance Ordinance. Because of the nature of our business, a review of your criminal history is necessary to comply with Section 19 and to avoid substantial risk to our business operations and licensing.#LI-OnsiteEqual Opportunity Employer/Protected Veterans/Individuals with DisabilitiesThe contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)
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