Job Description
The Portfolio Management Specialist is responsible for providing administrative support within the portfolio management function including general filing, scanning, imaging, copying of materials for distribution to related departments and Northwest's imaging system while tracking, requesting and collecting financial statement/information required from borrowers and adhering to required due dates. This position assists portfolio managers and relationship managers in the management of the commercial loan portfolio.
Essential Functions
Track, request, and collect financial statements within defined timeframes
Compile and communicate loan management reports on a timely basis
Assist in the management and maintenance of collateral requirements, including ensuring timely insurance policy updates
Service client needs, including prompt responses to inquiries and resolution of problems to promote an exceptional client experience
Support portfolio managers to ensure that loans in process are completed on a timely basis and in conformity with terms
Establish and maintain appropriate files and records for loan documents as required
Serve as a liaison with other departments/vendors/auditors as needed
Serve as office manager if required
Ensure document/data integrity
Knowledge of loan documentation
Cultivate relationships with commercial clients
Maximize technology tools available
Develop use of commercial related software
Maintain appropriate borrower files
Ensure conformity to loan terms
Recommend improvements to procedures
Recommend service/delivery enhancements
Preferred Education and Work Experience
Bachelor's Degree or equivalent
3-5 years Commercial banking operations, processing, or administration experience
The pay range for this position is generally $23 - $27 per hour. Actual pay is based on various factors including but not limited to the successful candidate’s experience, skills, and knowledge. Additional benefits are also available.
#LI-RG1
Northwest is an equal opportunity employer. We are committed to creating an inclusive environment for all employees.
Skills Required
- Knowledge of loan documentation
- Experience supporting portfolio managers/relationship managers in commercial loan portfolios
- Strong administrative, organizational, and file-management skills
- Client service and relationship-building skills
- Proficiency with document imaging/scanning systems and commercial loan software
- Bachelor's Degree or equivalent
- 3-5 years commercial banking operations, processing, or administration experience
What We Do
Northwest Bank is a privately held community bank focused on serving the specific needs of businesses in Washington, Oregon, Idaho and Utah. Our experienced bankers deliver customized financial solutions and exceptional customer service. We do that by getting to know you, your business and your aspirations, first. Then we create a plan that will work, and stay with you every step of the way. We see our relationship with you as a partnership, the way banking should be. Trust matters when picking your financial partner. Northwest Bank is rated as one of the best capitalized banks in the nation. We have earned 5-Star “Superior” ratings from both BauerFinancial® and Bankrate.com’s Safe and Sound® ratings service. Founded in 2008, we have offices in Boise, Idaho; Portland, Oregon; Coeur d'Alene, Idaho; Seattle, Washington; and Salt Lake City, Utah metropolitan markets. Northwest Bank: Experienced Bankers. Exceptional Service. Creative Solutions. Member FDIC Equal Housing Lender
