OH0713 NW Bancshares HQ
Job Description
The Commercial Portfolio Manager II is responsible for the ongoing monitoring process for the Bank's commercial loans to ensure timely and accurate risk ratings and compliance with credit policy, loan agreements, and applicable banking regulations. This individual contributor position interacts closely with and supports Commercial Banking Relationship Managers, as well as other internal personnel, on commercial credit portfolio monitoring working under limited supervision.
Essential Functions
- Monitor credit performance of individual commercial borrowers ensuring timely escalation or remediation, as appropriate.
- Responsible for the timeliness and accurate reporting of the commercial portfolio monitoring activities and adherence to credit policies, procedures and thresholds related to financial statement collection, covenant testing, collateral valuation, annual reviews, and delinquencies. Evaluation of risk associated with non-compliance.
- Engage with customers, regularly, to discuss operating performance and business results including covenant compliance. Gain a thorough understanding of the borrowers’ business model and industry trends to effectively evaluate sources of repayment and accurately assign risk rating.
- Collect and review all pertinent credit and financial information, including but not limited to financial statements, tax returns, due diligence reports, credit bureaus, appraisals, internal credit information, industry research and peer data. Determine the need for more thorough investigation or additional information.
- Spread financial statements and prepare financial models designed to assess probability of default and loss given default. Document historic and proforma cash flows, covenant calculations, sensitivity analysis, guarantor statement review, and collateral valuation as appropriate.
- Analyze financial information and related materials to ensure prudent ongoing credit monitoring for the Bank’s commercial loan portfolio. Analyses include an independent credit quality assessment with well-supported risk rating rationale, identification of credit risks and mitigants, industry concerns, market trends, financial trends, and other pertinent credit issues. Identify emerging risks or material changes in a customer’s financial position, including evaluation of compliance with loan agreements.
- Assist in completion of annual reviews, renewals, interim update memos, covenant calculations and criticized asset reviews. Monitor early warning indicators and other forms of credit surveillance.
- Present analysis or address questions during credit discussions or presentations.
- Liaison between Commercial Banking Relationship Managers, Credit Risk, the Underwriting Team and Special Assets to ensure necessary credit approvals are obtained and appropriately documented and loan operating system reflects accurate commercial loan data.
- Document and track key risk indicators associated with monitoring and control procedures and any applicable thresholds.
- Ensure compliance with Northwest’s policies and procedures, and Federal/State regulations
- Navigate Microsoft Office Software, computer applications, and software specific to the department to maximize technology tools and gain efficiency
- Work as part of a team
- Work with on-site equipment
Education and Experience preferred
- Bachelor’s degree in accounting, finance, economics or related field
- 3-5 years of experience in Commercial Lending as a Portfolio Manager, Relationship Manager and/or Credit Officer/Underwriter working with moderate to complex loans and documentation
- 3-5 years of experience in Commercial Credit or public accounting
- Ability to perform financial analysis, assess risk, review documentation, coordinate loan closings and administer construction loans
- Strong analytical, organizational and critical thinking skills
- Team-oriented with ability to monitor and manage multiple responsibilities simultaneously
- Credit risk analysis including assessment of financial statements, collateral valuation, industry review, and risk rating assignments
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Northwest is an equal opportunity employer. We are committed to creating an inclusive environment for all employees.
