Job Information
Berkshire Bank AVP, Commercial Portfolio Manager III - SBA in Blue Bell, Pennsylvania
Position : AVP, Commercial Portfolio Manager III - SBA
Location : Blue Bell, PA
Division : Commercial
Department : 44 Business Capital
Reports to : VP, Portfolio Quality Manager
Status : OFCR
Grade : 10
Pay range: $55,588 - $100,087
Actual compensation within the pay range will be decided based on factors including, but not limited to, skills, prior relevant experience, and specific work location.
Location : Hybrid or In Office - Blue Bell, PA or Englewood, CO
Purpose/Objective :
Provides relationship management support to Line of Business (SBA Lending) in monitoring and servicing an existing portfolio of complex loans and borrowing relationships. Continuously evaluates operational and financial performance to maintain portfolio quality and risk rating accuracy. Interacts with customers as well as bank employees to address credit and deposit service-related matters in a satisfactory manner. Assists Lending Officers in all aspects of servicing customers.
Key Accountabilities :
Portfolio Size/Composition
Assists Relationship Manager(s) (RM) with the management of a defined portfolio of existing Commercial Customers with revenues between $1MM and $100MM
Customers may have unique and/or more challenging banking needs
Customers may require specialized knowledge/industry expertise (SBA)
Portfolio Monitoring/Maintenance
Assists RM in the proactive management of the portfolio to ensure early detection of material changes in customer performance
Manages all reporting delinquencies including ongoing tracking via Baker Hill to ensure timely receipt of all financial, collateral, borrowing base, insurance, letter of credit and documentation exception/post-closing information including scanning information into Image Centre/FCM
Completion of Annual Reviews for relationships periodic file memos, modifications and waivers per policy under the direction of the FVP Associate Credit Director
Enters Line of Credit advance/pay down requests in SharePoint to include customer verification and communication with ACD/wire approvers
Ensures Credit File completeness in FCM
Credit/Analytical Skills
Credit Trained or equivalent level of experience
Knowledge of SBA SOP 5010 and 5057 commensurate with experience
Ability to assess financial performance and risk including identifying ways to mitigate risk to the bank
Solid working relationship with Credit Partners to ensure ongoing credit quality of portfolio
Underwriting as necessary
Strong working knowledge of Loan policy and proven ability to adhere to sound risk management/pricing practices as well as to all internal and external credit/regulatory requirements
May have specialized industry/market knowledge consistent with portfolio (SBA)
Customer Service/Support
Provides excellent customer service
Ability to resolve customer problems independently
Site Visits/ customer calls as assigned
Deal Structuring/Loan Closing
Ability to review most loan documentation with minimal guidance from RM
Assists team with Loan Closings/Modifications and post-closing follow up
Partner Relationships
Demonstrated solid working relationships with internal partners including Credit, Documentation & Loan Specialists, Risk Management, Cash Management, Private Banking, Wealth Management, Retail, Insurance and Home Lending
Interacts with partners with minimal supervision
Product Knowledge
Solid knowledge of Commercial Credit Products and Services
Developing well-rounded knowledge of products sold by internal partners including Cash Management, Private Banking, Wealth Management, Retail and Home Lending
Ability to identify various cross sell opportunities and make solid product recommendations to meet customer needs
Networking/Community Involvement
- As Assigned and congruent with X Team objectives and community involvement
Special Projects
Assists with all special projects including Loan Review/Regulator Audit preparation, ongoing due diligence, industry research and portfolio scrubs as needed.
Conducts Archer Testing as appropriate.
Ensures compliance with all banking laws, rules, regulations, and prescribed policies/practices/procedures necessary to reduce risk and uphold ethical standards related to and required by one’s duties.
Education:
BS Degree in Business, Economics or Finance or 10+ years in a banking career including financial analysis or loan workout as a prerequisite
Equivalent financial experience
Experience:
- Minimum of 5+ years of Commercial Credit/Banking and/or related experience
Skills & Knowledge:
Solid written and verbal communications skills
Ability to present identified issues and recommended solutions to RM/Senior Management/ORC/ELC as appropriate
Strong computer skills
Ability to work as a member of team
Berkshire Bank is an Equal Opportunity Employer - all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity or national origin.