Senior Portfolio Manager - Bank

Company: Heartland Financial USA, Inc.
Location: Dubuque
Posted on: May 19, 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 HTLF 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. HTLF is a diversified financial services company headquartered in Dubuque, Iowa. We deliver community banking at scale by powering our geographically diverse group of banks with technology, efficiency and strength - giving local decision-making the opportunity and insights to focus on customers and growth. Relationships have been the core of our company since its founding in 1981. We're deeply invested in the communities we serve, and that's why our clients choose us as their banking partners.What's different about a career at HTLF? We believe our employees and their diverse backgrounds, perspectives and skills are our greatest assets. We wouldn't be HTLF without the people with whom we surround ourselves and empower to enrich the lives of our customers, employees and communities. We're dedicated to making HTLF the best place to work - where your opinions are valued, your feedback and ideas are heard, and your opportunities for personal growth and professional development are endless.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.
      Qualifications
      • 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
        Competencies
        • 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 HTLF we seek those who are lifelong learners, creative thinkers and have an inquisitive mind. If you thrive on challenges and look forward to new opportunities that build positive relationships while providing exceptional results, HTLF is the place for you.
          
          We want you to discover your unique potential and limitless professional possibilities while working with us. HTLF is a diverse and inclusive workplace creating an environment where work feels like a second home. Everyone, regardless of their role, will feel accepted, supported and equally involved. What makes our team so great is the value HTLF places on individualism and appreciation for the differences each employee offers. We're a growing team committed to creating a valued workplace for everyone.
          
          Our leaders are actively engaged and committed to providing a positive and professional work environment. They are dedicated to helping you grow and develop your career. We work closely with our employees to strategize individual professional development plans, performance goals and professional development opportunities. Recognizing and rewarding hard work, developing talent and fostering employees for the next stages of their career is what you can expect as a member of our team. We grow, when you grow. -
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          Our work family is extremely important to us and at HTLF we strive to ensure our employees are happy, engaged and evolving! Help us continue to build an exceptional 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/Vet Member FDIC --- Equal Housing Lender Employment at Heartland Financial USA, Inc. is employment at will

Keywords: Heartland Financial USA, Inc., Dubuque , Senior Portfolio Manager - Bank, Executive , Dubuque, Iowa