Commercial Portfolio Manager - Middle Mrkts.

<strong>As a healthy, growing and thriving bank, we offer employees everything they need to flourish in the world of banking. That&rsquo;s because we strongly believe our people are our strongest assets. From advancement opportunities to employee development, we invest in our people to be the best they can be.<br /><br /></strong>Member FDIC&nbsp; |&nbsp; Equal Housing Lender&nbsp;

Grand Rapids, MI

Chemical Bank

<p><strong>Since 1917, Chemical Bank&rsquo;s home town approach to banking has been focused on community banking, highlighted by local leadership and decision making, a devotion to community and personalized service. We pride ourselves on being an Equal Opportunity Employer.<br /><br />As a Chemical Banker, you will join other professionals who share our community banking philosophy of making a positive impact where we live, work and play. You will be a part of a growing community bank that believes in the dreams of its customers and employees alike. With Chemical Bank, you will make a difference in your community while enjoying excellent benefits and top career opportunities. Visit our&nbsp;<a href="https://www.chemicalbank.com/careers/">Careers Page</a>&nbsp;for more information.<br /><br /></strong></p> <p class="p1">Member FDIC &nbsp;<span class="s1">|</span>&nbsp; Equal Housing Lender</p> <p class="p2">&nbsp;</p> https://www.chemicalbank.com/

keywords: management,analysis,support,reporting,operations,management,communication,knowledge,experience,communication,degree,technology,analysis

Full-Time

Competitive Compensation and Benefits Package

Overview: </span></span></strong></span></p><p style="margin: 0px;"><span style="font-family: verdana, geneva; font-size: 10pt;">The Commercial Portfolio Manager will be responsible for the overall asset management and reporting for a portfolio of loans to support the development and management of the commercial group. The Commercial Portfolio Manager also supports Business Development in strengthening relationships with clients and new relationships. The Commercial Portfolio Manager will be a self-starter with the ability to work independently on complex transactions with little oversight. The Commercial Portfolio Manager will demonstrate strong credit, analytical, and written and verbal communication skills along with experience in financial modeling, portfolio management, and projection and sensitization analysis. </span></p><p style="margin: 8pt 0in 0pt;"><span style="font-family: verdana, geneva; font-size: 10pt;"><strong><span style="text-decoration: underline;"><span style="color: black;"><br/><br/>
Responsibilities: <ul> <li>Performs portfolio management responsibilities including:</li> <li>Promotes and monitors customer relationship and growth</li> <li>Partners with Lenders to ensure customers are being serviced as needed</li> <li>Attends bank/lender meetings as needed to assist in the loan approval process and delivering the Bank to the clients.</li> <li>In conjunction with the credit dept., will assist credit underwriting and analysis of existing relationships in connection with renewals, modifications, and new transactions. Assist in facilitating the closing of those transactions.</li> <li>Manages past due and maturing loans.</li> <li>Prepares periodic reviews of existing loans to assess credit quality, covenant compliance, risk rating review and regulatory review.</li> <li>Receive and review periodic reporting provided by customers to ensure borrowing base availability as well as to monitor performance</li> <li>Actively participates in research, preparation, and execution of customer calls</li> <li>Review legal documents and seek additional approvals to ensure compliance, if necessary.</li> <li>Reporting &ndash; responsible for reporting on the overall portfolio, including and not limited to assessing asset quality, stress testing, industry and market analysis, asset allocation, reserves, and non-performing loan analysis. Assists in the preparation of RLAC reports for the portfolio, when necessary, as well as leveraged lending and cash flow lending reporting.</li> <li>File maintenance and retention management partnered with the Lender to assure quality control, particularly in preparation for audits and loan review, including annual reviews and adequate reporting.</li> <li>Accessing data rooms to collect existing customer information, and contact the agent to obtain current information.</li> <li>Follow up, verification and modification/correction of all internal reporting and system onboarding: proper P&amp;L/cost center, application of fees to the note, set up for payments and interest, collection and application of any additional revenue.</li> <li>Familiar with operations and approval docs to facilitate the booking and supporting lending assistants in getting approvals for funding wires.</li> <li>Projects &ndash; may be required to work on miscellaneous projects and initiatives related to either the credit functions or across the company as needed.</li> <li>Effective and timely communication with credit management, borrower, and agent banks as well as with internal partners such as Treasury Management, Corporate Banking, Operations, Accounting, Legal, etc. engaging partners as appropriate throughout the underwriting process.</li> </ul>
Requirements: </span></span></strong></span></p><ul><li style="margin-bottom: 0pt;"><span style="font-family: verdana, geneva; font-size: 10pt;">Understand moderate deal structures and leveraged lending reporting requirements, and capable of preparing the framework of a loan approval document.</span></li><li style="margin-bottom: 0pt;"><span style="font-family: verdana, geneva; font-size: 10pt;">Familiarity with Multi-bank deals and documentation and ability to work with Agents, legal counsel and the client to support closing those deals.</span></li><li style="margin-bottom: 0pt;"><span style="font-family: verdana, geneva; font-size: 10pt;">Ability to work with lenders, customers and the credit dept. to complete modifications and simple amendment approval documents.</span></li><li style="margin-bottom: 0pt;"><span style="font-family: verdana, geneva; font-size: 10pt;">A bachelor’s degree preferably in business management, accounting and/or finance.</span></li><li style="margin-bottom: 0pt;"><span style="font-family: verdana, geneva; font-size: 10pt;">At least 3 years’ of analyst and lending experience.</span></li><li style="margin-bottom: 0pt;"><span style="font-family: verdana, geneva; font-size: 10pt;">Strong credit and underwriting skills; understanding of bank’s credit profile, credit policies, and risk management objectives.</span></li><li style="margin-bottom: 0pt;"><span style="font-family: verdana, geneva; font-size: 10pt;">Understanding of complex loan documentation; negotiation skills.</span></li><li style="margin-bottom: 0pt;"><span style="font-family: verdana, geneva; font-size: 10pt;">Strong written and verbal communication skills.</span></li><li style="margin-bottom: 0pt;"><span style="font-family: verdana, geneva; font-size: 10pt;">Strong interpersonal skills to effectively communicate with external clients, senior account executives, agent banks, credit administration, and other bank personnel.</span></li><li style="margin-bottom: 0pt;"><span style="font-family: verdana, geneva; font-size: 10pt;">Ability to effectively work under tight timelines.</span></li><li style="margin-bottom: 0pt;"><span style="font-family: verdana, geneva; font-size: 10pt;">Proficient user of Microsoft Excel and Word.</span></li><li style="margin-bottom: 0pt;"><span style="font-family: verdana, geneva; font-size: 10pt;">Demonstrated ability to analyze, negotiate, and manage complex Leveraged Lending transactions.</span></li><li style="margin-bottom: 0pt;"><span style="font-family: verdana, geneva; font-size: 10pt;">Experience analyzing business financial statements and tax returns (individuals and business).</span></li></ul><p style="margin: 18.5pt 0in 0pt;"><span style="font-family: verdana, geneva; font-size: 10pt;"><strong><span style="text-decoration: underline;"><span style="color: black;">