Valley National Bank
Credit Portfolio Manager II
Valley National Bank, Chicago, Illinois, United States, 60290
The Credit Portfolio Manager II will underwrite credit facilities for existing and new customers. Proactively, and in partnership with the Lending team, this individual will complete requisite portfolio management responsibilities and will have a good understanding of policies and procedures. Approval requests/credit packages are reviewed by a supervisor or higher-level Credit Portfolio Manager.
Responsibilities include but are not limited to:Underwrite new loan requests, renewals, annual reviews, and modifications.Coordinate all activities required to complete a credit package with the assigned Commercial Loan Officers and Loan Assistants.Interact with Loan Officers, borrowers, or CPAs to obtain necessary financial information and complete the Credit Package.Prepare effective packages for credit approval circulation and to present packages to the required level of credit authority.Obtain and monitor various loan portfolio reports, such as Maturing Loans, Past-Due Loans, Annual Reviews, and proactively assist lenders with requisite action plans.Ensure that the bank is in possession of current financial information and that the information has been properly analyzed and on file; ensure that proper/complete credit files are on hand.Assure that credits are accurately risk-rated and properly monitored/reported.Adhere and comply with all requirements of Regulation B Adverse Action Procedures -- Florida Division.Manage and track covenants/borrowing bases/A-R Ageing; etc. for their accounts.Assist in the preparation of quarterly CLMR reports.Begin to advise Lenders on issues related to the Bank's Credit Policy and related Procedures/Forms.As time allows, conduct annual site visits, attend loan closings, and other tasks required to support assigned lenders.
Required Skills:Knowledge of credit underwriting, accounting, and loan documentation.Proficient computer skills using Microsoft Word, Excel, and Outlook.Advanced level of interpersonal and social skills needed to interact with loan officers, administrative staff, and customers.Advanced personal time management skills.Advanced mathematical skills.Advanced credit skills.Advanced administrative skills.Ability to write reports and business correspondence.Ability to effectively present information and respond to questions.
Required Experience:High School Diploma or GED and a minimum of three years' experience in a commercial lending environment, in a credit-oriented and underwriting position.Bachelor's degree and completion of a formal credit training program preferred.
Exact compensation may vary based on skills, experience, and location.
#J-18808-Ljbffr
Responsibilities include but are not limited to:Underwrite new loan requests, renewals, annual reviews, and modifications.Coordinate all activities required to complete a credit package with the assigned Commercial Loan Officers and Loan Assistants.Interact with Loan Officers, borrowers, or CPAs to obtain necessary financial information and complete the Credit Package.Prepare effective packages for credit approval circulation and to present packages to the required level of credit authority.Obtain and monitor various loan portfolio reports, such as Maturing Loans, Past-Due Loans, Annual Reviews, and proactively assist lenders with requisite action plans.Ensure that the bank is in possession of current financial information and that the information has been properly analyzed and on file; ensure that proper/complete credit files are on hand.Assure that credits are accurately risk-rated and properly monitored/reported.Adhere and comply with all requirements of Regulation B Adverse Action Procedures -- Florida Division.Manage and track covenants/borrowing bases/A-R Ageing; etc. for their accounts.Assist in the preparation of quarterly CLMR reports.Begin to advise Lenders on issues related to the Bank's Credit Policy and related Procedures/Forms.As time allows, conduct annual site visits, attend loan closings, and other tasks required to support assigned lenders.
Required Skills:Knowledge of credit underwriting, accounting, and loan documentation.Proficient computer skills using Microsoft Word, Excel, and Outlook.Advanced level of interpersonal and social skills needed to interact with loan officers, administrative staff, and customers.Advanced personal time management skills.Advanced mathematical skills.Advanced credit skills.Advanced administrative skills.Ability to write reports and business correspondence.Ability to effectively present information and respond to questions.
Required Experience:High School Diploma or GED and a minimum of three years' experience in a commercial lending environment, in a credit-oriented and underwriting position.Bachelor's degree and completion of a formal credit training program preferred.
Exact compensation may vary based on skills, experience, and location.
#J-18808-Ljbffr