• Commerical Portfolio Manager

    Job Locations US-FL-Plantation
    Job ID
    2018-1150
    Category
    Consumer Lending
    Type
    Regular Full-Time
  • Overview

    Commercial Portfolio Manager

     

    BrightStar Credit Union is committed to creating a diverse work environment where everyone has an opportunity to succeed. We're dedicated to empowering the careers of our team. Our work environment is service-oriented, fast-paced and fun.

     

    We are currently seeking a Commercial Portfolio Manager to join our team at BrightStar Credit Union.

     

    The Commercial Portfolio Manager provides a wide range of credit-related support functions relative to the ongoing management of the commercial business unit’s credit risk management process. This position is responsible for facility and relationship monitoring and the ongoing maintenance of a portfolio of commercial loans.

    Responsibilities

    Major Duties and Responsibilities:

    • Manages and prepares Credit Analysis Package via Annual/Periodic Reviews or other memoranda on credit facilities
    • Through ongoing portfolio management, seeks out early warning signs of deteriorating credit trends
    • Prepares financial spreads and analysis of financial statements. Creates projections.
    • Collects and reviews covenant compliance and borrowing base worksheets from commercial clients
    • Assess financial capacity of any guarantor and determine support for credit facility
    • Makes ongoing assessments relative to credit risk ratings
    • Prepares and presents information on watch, criticized and classified credits
    • Interacts with Workout group as required
    • May recommend appropriate credit structure and terms & conditions for extensions and renewal of credit facilities
    • Identifies policy exceptions
    • Keeps abreast of market and industry trends
    • Performs property inspections and completes property inspection reports
    • Possesses strong knowledge and keeps abreast of Credit Policy and Procedures
    • Orders & Reviews Credit Bureau reports, as needed
    • Orders and reviews field audits and related 3rd party reports, as needed
    • Requests lien & judgement searches from Analysts
    • Participates in team sales and administrative meetings
    • Collects and reviews financial ticker items, as needed
    • Maintains electronic back-up of client’s key financial records and documentation
    • Communicates and partners with Lending Officers, Underwriters and Credit Officers
    • Maintain knowledge with training:
          • BSA Compliance – every employee is required to uphold the credit union’s compliance with the Bank Secrecy Act and anti-money laundering policies and procedures. Specific functions with BSCU will take into consideration the awareness of unusual or suspicious activity that is relevant to the department.
          • In addition to any other assigned training courses, online BSA and OFAC courses must be completed at least annually, as made available by the Training and/or Compliance Department.
          • Maintains comprehensive knowledge of the Bank Secrecy Act, Customer Identification Program, USA Patriot Act, OFAC, Fair Lending and Credit Card Act.  

    Qualifications

    Knowledge and Skill Requirements:

    • General knowledge of banking and various consumer, mortgage and commercial based products.
    • Good understanding of loan application policies and procedures, as well as documentation required by government regulations preferred.
    • Good organizational and analytical skills.
    • Good computer, keyboard, and software application (Microsoft Word and Excel) skills.

    Effective Interpersonal Skills:

    A significant level of trust and diplomacy is required in addition to normal courtesy and tact. Work involves extensive personal contact with others and is usually of a personal or sensitive nature. Work may involve motivating or influencing others. Outside contacts become important and fostering sound relationships with other entities (companies and/or individuals) is necessary.

     

    Physical Requirements:

    The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this Job, the employee is regularly required to sit; use hands to finger, handle, or feel and talk or hear. The employee is frequently required to walk and reach with hands and arms. The employee is occasionally required to stand and stoop, kneel, crouch, or crawl. The employee must frequently lift and/or move up to 70 pounds and occasionally lift and/or move up to 70 pounds.  Specific vision abilities required by this job include close vision, color vision and ability to adjust focus.

     

    Work Environment:

    The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

     

    BrightStar Credit Union is an Equal Opportunity Employer. BrightStar Credit Union is a Drug Free Workplace.

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