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Senior Portfolio Manager - Bank

Company: New Mexico Bank & Trust
Location: Dubuque
Posted on: May 16, 2023

Job Description:

Employment at Heartland Financial USA, Inc. is employment at will Senior Portfolio Manager - Bank page is loaded Senior Portfolio Manager - Bank Apply locations Dubuque, Iowa - 1301 Central Ave time type Full time posted on Posted 30+ Days Ago job requisition id 22-0477 Dubuque Bank and Trust is an equal opportunity employer committed to creating a diverse workforce. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors. Dubuque Bank and Trust a growing dynamic organization with many locations offering uniquely different banking and financial solutions for businesses and personal clients. As a performance driven company, we strive to create a culture of excellence with high standards, and high values while providing outstanding growth and involvement opportunities for employees. Join a team that makes "Great Things Happen!"---The Senior Portfolio Manager - Bank underwrites Commercial and Ag credit exposures. This position gathers, analyzes and interprets credit and financial information for existing and prospective customers in order to assess credit quality and minimize risk and potential loss. Additionally, this role analyzes all types of credit requests, including complex relationships with larger dollar exposure and higher risk. Finally, the Senior Portfolio Manager assists the Commercial Banker in managing client relationships.
Primary Responsibilities

  • Underwrites the credit and develops the appropriate credit structure in relationship to the credit risk.
  • Analyzes historical and projected financial statements for business, personal borrowers and guarantors.
  • Identifies and analyzes risks and repayment ability.
  • Evaluates the adequacy of loan structures and collateral positions, and identifies risks related to borrower operations.
  • Summarizes findings in a credit presentation (write-up) according to established guidelines to provide insights for approval decisions.
  • Reviews commercial loan file documentation for accuracy and compliance with approval requirements.
  • Completes required participation allocations according to established guidelines.
  • Leads underwriting discussions with Credit Officers and Commercial Bankers.
  • Provides underwriting, completed applications and servicing requests for Government Guaranteed programs.
  • Partners with Commercial Bankers by providing information on the status of credit and obtains concurrence from the Commercial Banker on significant changes to proposed terms and conditions of the credit.
  • Holds weekly meeting with required individuals to ensure the renewal is properly underwritten, and that the loan is renewed on or before the maturity date.
  • Obtains and reviews financial statements on a timely basis.
  • Understands, detects, and reports the early warning signs of problem credits, and Minimizes the risk of credit loss to maintain appropriate risk ratings on all loans.
  • Obtains and reviews Compliance Certificates, Borrowing Base Certificates, and associated receivable, payable, and inventory reports on a timely basis.
  • Monitors all covenants and follow ups immediately on any covenants out of compliance.
  • Obtains updated information on existing relationships by obtaining industry or call information from sites such as First Research and eMentor.
  • Partners with the Commercial Banker in meeting with customers and/or prospects to provide expert insights, and serving as the relationship manager within the bank to assist customers.
  • Prepares business case memos and participates in business case discussions, subsequent meetings with bank management, industry specialists, and other interested parties.
  • Partners with the Commercial Banker to ensure all client documentation and customer agreements, credit and non-credit alike, are accurate, properly executed, and funds are withheld until all documents are properly executed.
  • Assists the Commercial Banker by scheduling, attending, participating in the Lender Annual Review, and in some cases, conducting loan closings.
  • Prepares real estate property evaluations consistent with bank policy and regulations.
  • Conducts business in compliance with bank policies, procedures, federal and state laws and regulations.
  • Actively participates in community activities that promote the bank and/or assist in business development when applicable.
  • Completes annual E-Learning Plan and Bank Secrecy Act (BSA) training as assigned and keeps up-to-date knowledge of BSA as it relates to the job function.
    Secondary Responsibilities
    • Performs other duties as assigned.Management Responsibilities
      • This job has no management responsibilities.
        • Bachelors Accounting, Business Administration/Management, Finance, Or Related Field required
        • 3-5 years related experience as a Credit Analyst, Portfolio Manager or Commercial Loan Officer required
        • Strong analytical skills and an understanding of general economic theory as it relates to the lending and business environment required
        • Demonstrated understanding of credit analysis, risk analysis, and accounting and finance principles required
        • Working knowledge of commercial and agricultural lending, credit and appropriate banking laws and regulations required
        • Strong credit underwriting skills with experience in credit structuring and prudently accommodating customer credit needs required
        • Proven track record of demonstrating accuracy and thoroughness with an focus on finding ways to improve and promote quality required
        • Ability to maintain confidentiality of customer and credit information required
        • Ability to effectively manage competing deadlines for projects in a high-pressure work environment, with minimal supervision required
        • Thorough understanding of bank policies and procedures required
        • Proficiency in Microsoft Word, Excel, and Outlook required
        • Experience with ProfitMax, InfoAccess, SME, AS400/Fiserv and/or other related computer programs preferred
        • RMA - Credit Risk Certification - CRC - Risk Management Association - RMA within 1-1/2 Yrs required
          • Accountability - Thinking and acting ethically, honestly, and with the highest work standards; taking responsibility for your actions and fostering a work environment where accountability is valued.
          • Customer Experience/Focus - Going out of the way to anticipate and meet customer needs; remaining knowledgeable and up to date on all products and services of the bank and how to best the help the customer.
          • Functional Role Expertise - Knowledgeable and skilled in functional specialty; demonstrating an ability to add organizational value through unique expertise in a functional specialty area.
          • Results Oriented - Maintaining an appropriate focus on outcomes and accomplishments motivated by achievement; identifying outcomes as a critical success factor in the bank where there are countless interactions with customers and internal partners.Scheduled Weekly Hours:40Time Type:Full time About Us At Dubuque Bank & Trust we are committed to attracting, retaining and empowering talented professionals who aim to do great work and make a positive impact in our communities. Our employees are what makes us so great! We actively contribute to the vitality of the communities where we live and work. Since 2016, our employees sit on over 60 local boards and have volunteered over 26,000 hours. Additionally, we have contributed more than $1 million in sponsorships and donations. -We give back locally and play a meaningful role in moving our community forward. We know how important is it to give back and we do our part with excitement and pride! Our Leaders are actively engaged with our employees. Our commitment to provide a positive and professional work environment is supported by a leadership team that is dedicated to help you grow and develop your career. We work closely with our employees to strategize individualized professional development plans, performance goals and professional development opportunities. In addition to a competitive benefits package that includes a health and retirement plans; we also offer tuition reimbursement, student debt assistance, pet insurance and much more! Dubuque Bank & Trust, is focused on a strong and robust diverse environment in which all team members feel valued. While building a team that lives our mission statement every day of enriching lives one customer, employee and community at a time. EOE/AA Employer --- M/F/Disabled/VetMember FDIC --- Equal Housing LenderEmployment at Heartland Financial USA, Inc. is employment at will

Keywords: New Mexico Bank & Trust, Dubuque , Senior Portfolio Manager - Bank, Executive , Dubuque, Iowa

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