Bank of Clarke
Commercial Loan Portfolio Manager
Bank of Clarke, La Canada Flintridge, CA
Job Type
Full-time
Description
Position Purpose: Primary responsibility is assisting commercial lenders/assistants in the ongoing monitoring of the Bank's commercial loan portfolio.
What you'll do:
Requirements
Where you'll shine:
Where we shine:
Working Conditions:
The individual will be required to be available after normal working hours. Business travel may be necessary to meet with vendors and attend training opportunities including seminars and schools required by management.
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed under the knowledge/skills section are representative of the knowledge, skill set, and/or ability required. Reasonable accommodation may be made to enable qualified individuals with disabilities to perform the essential functions.
EEO M/F/V/D
Full-time
Description
Position Purpose: Primary responsibility is assisting commercial lenders/assistants in the ongoing monitoring of the Bank's commercial loan portfolio.
What you'll do:
- Underwrites commercial loan and line renewals.
- Prepares accurate and timely financial statement spreads.
- Monitors portfolio delinquency and assists commercial lenders with calling on existing clients for payments up to 30 days past due.
- Assists in structuring new credit requests adhering to policy.
- Responsible for monitoring, creating, and updating required financial reporting.
- Evaluates existing credit relationships and assigns/affirms/requests the appropriate risk rating based on the assessment of risk concluded through the analysis process.
- Coordinates approval process with Credit department and in Loan officer's absence present to approval committee.
- Reviews and edits commitment letters ensuring accuracy between commitment letters and approval.
- Leads at minimum monthly (or as needed) portfolio management meetings with Lenders and lending assistants.
- Stays well-versed in current economic market trends to provide timely and relevant insights.
- Assumes additional responsibilities, as requested.
Requirements
Where you'll shine:
- Bachelor's degree or equivalent education/work experience
- Excellent oral and written communication skills
- Ability to analyze personal and business financial statements and tax returns
- Strong working knowledge of Microsoft Office
- Progressive level of lending experience
Where we shine:
- Offering a full suite of benefits including medical, life, dental, and vision insurance plus generous paid time off
- Supporting associates and their families; we embrace the importance of caring for oneself and our families
- Surrounding ourselves with smart, driven, and diverse individuals
- Valuing diversity, commitment regarding our daily duties, and the Bank as a whole
- Supporting local philanthropic, cultural, and artistic initiatives and organizations that our employees value
- Devoted to the communities in which we serve as we help those who form the creative backbone of our market's future economy and business value
- Bank of Clarke is "Great Place to Work" certified in both 2023 and June of 2024.
- "Top Virginia Employer for Interns" award recipient (2023, 2024) through Virginia Talent and Opportunity Partnership (V-TOP).
Working Conditions:
The individual will be required to be available after normal working hours. Business travel may be necessary to meet with vendors and attend training opportunities including seminars and schools required by management.
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed under the knowledge/skills section are representative of the knowledge, skill set, and/or ability required. Reasonable accommodation may be made to enable qualified individuals with disabilities to perform the essential functions.
EEO M/F/V/D