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The Commercial Portfolio Manager II supports the portfolio growth by managing clients through the various stages of the lending process. Provides ongoing monitoring of assigned portfolios to ensure asset quality and customer service standards are met. The Commercial Portfolio Manager II is responsible for client relationships as well as on-going sales and support of clients that allows the assigned bank officers to dedicate more time to sales efforts and new business and relationship development. Key responsibilities of the position include day-to-day client interaction, screening, structuring, underwriting, and monitoring commercial relationships while adhering to the standards and policies set by the bank. This position often functions as an SME in market and a go-to person for complex questions, challenges, or processes; typically acts as a peer leader to less experienced portfolio managers.
Essential Duties and Responsibilities
- Thorough understanding and ability to perform screening and underwriting of new, lending opportunities developed by the commercial banker and other commercial portfolio managers
- Ability to manage high volume and/or complexity of loans consistently and regularly in an efficient manner.
- Prepares memorandum and facilitates the underwriting of new transactions and/or renewals.
- Works directly with other internal departments including commercial credit analysts, appraisal services group and loan administration.
- Works directly with third-party attorneys for loan documentation preparation.
- Ensures adherence to credit policy, guidelines and regulatory requirements.
- In some markets, perform in-house appraisals and inspections on collateral.
- Assists in the lending and sales process by accompanying the lenders on customer and prospect calls.
- Responsible for ongoing portfolio review of past dues, exceptions and maturing loan reports.
- Reports past dues to officer or makes contact to collect payment
- Works with officer to collect items needed for renewal processing
- Makes appropriate recommendations for these accounts
- Reports deteriorating credit situations to officer
- Handles escalated exceptions
- Ensures funding of construction loan disbursements in accordance with bank policy. Works closely with borrower, CCFG, title companies and other third parties to ensure accurate disbursements with ongoing monitoring and record keeping.
- Participates in evaluating risk rating and makes revision recommendations. Prepare Discussion Term Sheet
- Ensures all departmental documents and activities are performed in compliance with applicable laws, regulations, policies and procedures as applicable to this position, including completion of required compliance training.
- Performs other duties and responsibilities as assigned.
Qualifications
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.
Skills
- Advanced experience supporting a commercial lending portfolio of $250MM or greater; comprised of a team of commercial bankers or an individual banker.
- Advanced experience in interpreting documents such as procedure manuals, general business correspondence and/or journals or government regulations
- Ability to read, analyze and interpret financial report and/or legal documents.
- Advanced experience to write complex reports and business correspondence
- Aptitude to respond in writing to customer complaints, regulatory agencies or members of the business community
- In-depth and extensive experience in presenting information in one-on-one and small group situations, to customers, clients and other employees in the organization
- Ability to effectively present information and respond to questions from groups of managers, clients, customers and the general public and/or boards of directors
Education and/or Experience
- BS/BA Degree in applicable field of study or
- 5-7 years’ prior applicable experience including credit analyst, commercial lender, portfolio manager
- 7+ years’ prior applicable experience including credit analyst, commercial lender, portfolio manager
Computer Skills
Certificates, Licenses, Registrations
Other
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. Activities, duties and responsibilities may change at any time with or without notice.
Skills Training:
- Formal Credit Training
- Communication, Critical Thinking, Problem Solving,
- Time Management, Sales, Presentation Skills
- Leadership
Equal Employment Opportunity Information: Simmons First National Corporation and its subsidiaries are committed to a policy of equal employment with respect to a person's race, color, religion, sex, ancestry, sexual orientation, gender identity, national origin, covered veterans, military status, physical or mental disability or any other legally protected classifications.
