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$110k–$150k/yr
Full-time
bachelor degree
Posted 23d ago
~40 hrs/week
Responsibilities
The Commercial Portfolio Manager maintains a complex portfolio of commercial loans while collaborating with relationship managers to ensure credit compliance and risk mitigation. They are responsible for analyzing financial data, structuring new loans, and mentoring credit staff to maintain high underwriting standards.
Requirements
Candidates must possess a bachelor degree in business or finance and at least five years of progressive experience in commercial lending. Strong analytical skills, credit acumen, and experience in portfolio management or underwriting are required.
Full job description
Description
Under general supervision and in collaboration with relationship management team, maintains a commercial loan portfolio of secured and unsecured loans and lines of credit; provides a superior level of customer service to all current and prospective customers and tracks a variety of systems to ensure compliance with the loan agreement covenants. Employees in this job class handle routine to complex types of loans and retain current customers.
Essential Functions
1.Portfolio Management/Credit Analysis
Works as part of a relationship management team to share responsibility for the largest, and most complex portfolio within Commercial Banking. Assists Relationship managers with portfolio management, partner collaboration, and client engagement to develop and grow new and existing commercial business relationships. Provides consistent, high quality, and professional service to clients.
Collaborates with Relationship Manager to negotiate and structure new and renewed commercial loans; makes recommendations on loan structure and terms to next appropriate level of authority. Reviews and analyzes financial data and other relevant information to determine each customer’s eligibility for credit within established underwriting standards and lending policies. Accountable for application and underwriting quality.
Follows up on current credits to ensure compliance with terms and conditions, reviews collateral reports to ensure margin requirements are maintained, assesses transaction risk, assigns appropriate risk rating, and takes appropriate action to collect any delinquencies.
Serves as a mentor and provides consistent training and feedback Credit Analysts and Credit Associates to help maintain a risk-focused approach to credit analysis. Identify and recommend strategies to mitigate portfolio risk.
Ensures that all approved Credit Authorizations succinctly and cogently address the key credit issues.
Identifies and takes appropriate action in a timely manner to improve the Bank’s position with regards to problem loans in assigned portfolio.
Meets at least quarterly with CEO, CCO, and Commercial Banking Director to discuss the existing risk rating on all significant loan relationships and takes appropriate relationship action to mitigate identified risks.
2.Compliance/CRA
Ensure the portfolio administration and risk management of each client relationship complies with established credit policy, procedure, and business strategy, as well as commercial and regulatory guidelines.
Participates actively in community activities to enhance the bank’s image, visibility and to reinforce the Bank’s commitment to CRA.
Maintains a current knowledge of bank regulations. Ensures compliance with all Federal, State and bank policies, procedures, and regulations.
Requirements
Bachelor degree in business and/or finance from an accredited college or equivalent work experience.
Minimum of five years proven and progressive experience in in commercial lending with prior experience as a Portfolio Manager, Commercial Underwriter / Analyst, or Relationship Manager.
Strong analytical skills and credit acumen, including but not limited to loan structuring, concise underwriting, appropriate risk identification and mitigation, and ongoing risk and relationship management of a commercial portfolio.
Additional Comments:
River City 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, national origin, age, pregnancy, genetic information, disability, status as a protected veteran, or any other protected category under applicable federal, state, and local laws.
Note: River City Bank does not sponsor applicants for work visas.
NOTE: We are not currently accepting inquiries from recruiters or recruiting agencies. All applications must be submitted directly by the candidates.
California's premier business bank with personalized service and local decision making. Member FDIC.
Industry
Banking
Company size
51-200 employees
Founded
1973
Headquarters
Sacramento, CA
LinkedIn followers
5,769
Named one of Sacramento Business Journal’s “50 Fastest Growing Companies” for each of the past seven years, River City Bank is a leading boutique commercial bank throughout California with assets of over $6 billion. River City Bank offers a comprehensive suite of banking services, including loans, deposits and cash management tools to the business, consumer, and commercial real estate sectors. With tailored, concierge-like level of service River City Bank redefines the banking experience and every touch point that surrounds it. River City Bank is the largest, independent, locally owned and managed bank in the Sacramento region with an office in the San Francisco Bay Area and a presence in Southern California.
Member FDIC. Equal Housing Lender.
Offices: 2480 Natomas Park Drive, Sacramento, CA 95833, US · 201 Mission St, Suite 1300, San Francisco, California 94105, US
How many Finance & Accounting jobs are open in Sacramento, CA right now?
There are currently 555 open finance & accounting positions in Sacramento, CA listed on Clera. New openings are added daily as companies post roles.
Which companies are hiring for Finance & Accounting roles in Sacramento, CA?
Companies currently hiring include Golden 1 Credit Union, Vituity, H&R Block, Gallagher Bassett, MedAmerica, among others. Browse the listings above to see every active employer.
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