Bank of Marin, voted by our employees as one of the “Best Places to Work” in the North Bay Business Journal, is seeking a Portfolio Manager III to join our Commercial Banking team in our Sacramento Region.
The Portfolio Manager III is responsible for managing complex commercial lending relationships and supporting the underwriting, maintenance, and risk management of an assigned loan portfolio. This position serves as a key partner to Relationship Managers and works independently to analyze credit opportunities, structure loan solutions, and ensure the ongoing quality of the portfolio. The Portfolio Manager III also provides guidance and support to junior Portfolio Managers and Credit Analysts while delivering exceptional client service and identifying opportunities to grow existing banking relationships.
Essential Responsibilities:
• Manage commercial loans from application through underwriting, approval, documentation, and closing.
• Analyze borrower financial information and structure appropriate credit solutions.
• Partner with Relationship Managers, Credit Analysts, and Credit Administration to support new and existing client relationships.
• Monitor assigned loan portfolios for credit quality, covenant compliance, maturities, renewals, and exceptions.
• Prepare loan proposals, renewal requests, and related credit documentation.
• Process loan advances and draw requests in accordance with approved loan terms.
• Respond to client inquiries and provide timely, professional service.
• Identify opportunities to deepen client relationships through additional banking products and services.
• Review larger and more complex credit requests and loan structures.
• Provide guidance, training, and mentoring to Portfolio Manager I, Portfolio Manager II, and Credit Analyst positions.
Professional / Educational Experience:
Bachelor's degree (B.A.) in Business, Finance, Accounting, or a related field, or equivalent combination of education and experience.
Minimum 5 - 7 years of commercial banking, credit analysis, underwriting, or portfolio management experience.
Strong knowledge of financial statement analysis, commercial credit underwriting, and complex loan structures required. Candidates should possess excellent analytical, organizational, communication, and problem-solving skills, along with the ability to work independently and manage multiple priorities in a fast-paced environment. Experience with commercial loan documentation, portfolio management, and mentoring junior staff preferred.
The hiring pay range for this position is $116,582 - $163,216. In addition to the pay range listed, all bank positions are eligible for incentive compensation, which varies based on role. The pay rate for a successful applicant depends on a variety of factors including but not limited to geographic location, work experience, education, and/or skill level.
The Bank of Marin is a growing public company with career advancement opportunities. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, a retirement savings plan with employer matching opportunity, bank-paid Employee Stock Ownership Plan, tuition reimbursement, employee volunteer program and more. Additional details about total compensation and benefits will be provided during the hiring process.
Bank of Marin is an equal opportunity employer. EOE AA Vet/Disability.
Skills Required
- Bachelor's degree in Business, Finance, Accounting, or a related field, or equivalent education and experience
- 5-7 years of commercial banking, credit analysis, underwriting, or portfolio management experience
- Strong knowledge of financial statement analysis
- Strong knowledge of commercial credit underwriting
- Strong knowledge of complex loan structures
- Excellent analytical, organizational, communication, and problem-solving skills
- Ability to work independently and manage multiple priorities in a fast-paced environment
- Experience with commercial loan documentation, portfolio management, and mentoring junior staff
What We Do
Founded in 1990 and headquartered in Novato, CA, Bank of Marin is a leading business and community bank in Northern California with assets of almost $4 billion. Bank of Marin provides commercial banking, personal banking, specialty lending and wealth management and trust services throughout its 31 branches and 8 commercial banking offices located across 10 counties. Specializing in providing legendary service to its customers and investing in its local communities, Bank of Marin has consistently been ranked one of the “Top Corporate Philanthropists" by the San Francisco Business Times and one of the “Best Places to Work” by the North Bay Business Journal. For more information, go to www.bankofmarin.com.
