CLASSIFICATION
Exempt
REPORTS TO
Portfolio Manager Team Lead
JOB DESCRIPTION
Summary/Objective
The Portfolio Manager will support Commercial Banking Executives in the origination of new loans and management of credit portfolio. This role will work closely with the origination team and credit risk management in structuring transactions, reviewing and analyzing financial statements, conducting due diligence, assessing credit risk, preparing deal screen presentations, and monitoring and managing the credit portfolio.
Essential Functions:
- Determine borrowing customer’s needs and develop appropriate loan structure in collaboration with Commercial Banking Executives.
- Request, Review and Spread company/guarantor financial information.
- Complete thorough, accurate, and in-depth analysis of new credit requests in a timely manner.
- Maintain good working knowledge of the Bank’s lending policies and procedures and identify exceptions to credit policy.
- Recommend appropriate risk ratings in accordance with credit policy guidelines.
- Attend meetings and/or conference calls on transactions, lead due diligence discussions and develop deal indicative term sheets and deal screen presentations.
- Structure transactions appropriately that meet client’s needs and bank’s requirements.
- Perform comprehensive credit analysis (cash flow analysis, trend analysis, sensitivity analysis etc.) for deal screens and assist in presentation to credit committee in support of approval.
- Monitor, review and evaluate ongoing compliance with financial covenants and reporting requirements.
- Assist with renewals, extensions and annual credit reviews, as needed.
- Perform other duties as directed.
Skills/Abilities
- Proficiency with financial modeling and excellent financial analysis skills (balance sheets, income statements, cash flow statements, financial ratios, personal financial statements, tax returns etc.)
- Thorough knowledge of C&I and CRE lending process, including credit evaluation and underwriting.
- Strong verbal, written, interpersonal, and presentation skills.
- Proven organizational skills, ability to work independently and be detail oriented and thorough.
- Ability to work well on a team and develop collaborative partnerships across the banking platform.
- Ability to work on multiple transactions simultaneously and prioritize assignments to meet deadlines.
- Proficiency in Microsoft Office; knowledge of banking systems (LoanVantage preferred).
Education and Experience
- Bachelor’s degree in business, Accounting, Finance or related field (or additional equivalent related experience)
- Three or more years of underwriting and account management experience, preferably within a commercial lending environment.
Supervisory Responsibility
This position has no supervisory responsibilities.
Work Environment
This job operates in a clerical office setting. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines. Office environment with job duties conducted via telephone, face to face meetings, and on the computer.
Physical Demands
This position requires manual dexterity, the ability to lift files and opening cabinets. This position requires bending, stooping or standing as necessary.
Travel
Travel may be required for this position.
Equal Employment Opportunity/M/F/disability/protected veteran status
Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.
Skills Required
- Bachelor's degree in business, Accounting, Finance, or a related field, or equivalent related experience
- Three or more years of underwriting and account management experience
- Experience in a commercial lending environment
- Financial modeling and financial analysis skills
- Knowledge of commercial and industrial and commercial real estate lending processes, credit evaluation, and underwriting
- Strong verbal, written, interpersonal, and presentation skills
- Organizational skills and ability to work independently, accurately, and thoroughly
- Ability to collaborate across the banking platform
- Ability to manage multiple transactions and meet deadlines
- Proficiency with Microsoft Office
- Knowledge of banking systems, preferably LoanVantage
What We Do
Burke & Herbert Bank is a Virginia-based community bank serving businesses, families, and communities. It offers personal and business financial solutions for customers’ banking, borrowing, and investment needs through branches across several states. The bank emphasizes expert guidance, strong local leadership, relationship-based service, and helping customers succeed in business and in life, with a stated purpose of building prosperity for customers and community.
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