Portfolio Manager – Tustin
- Full time
- Tustin, California, United States, California, United States View on Map
Job Description
VP Portfolio Banker
Location: Tustin, CA
Job Code: HL697
The Portfolio Banker works closely with Branch Managers and Relationship Managers to evaluate the financial information and needs of prospective and existing borrowers. The Portfolio Banker is responsible for the gathering and analyzing credit information, for conducting extensive in-depth company, financial, and industry analysis, and performing due diligence to evaluate risk/return parameters of financing transactions as well as preparing Loan Worksheet Addendums and Speed Memo Addendums. The Portfolio Banker regularly interfaces with Clients, Relationship Managers, Branch Managers, Credit Administrators and Senior Management, and provides recommendations relating to credit extension decisions. Post loan boarding duties include following for financial reporting and financial covenant compliance and monitoring financial trends of borrowers and value of collateral. The Portfolio Banker is usually designated as the secondary point of contact for specific relationships and is to provide exemplary service to ensure customer satisfaction.
Essential Duties:
• Analyze credit data, financial statements and pertinent information for credit worthiness to determine the degree of risk involved in extending credit.
• Spread financial statements and Federal income tax returns on CASH Insight of borrowers and guarantors.
• Analyze financial data such as revenue growth, profitability, cash flow, quality of management, and industry market share to determine expected repayment of loans.
• Compare liquidity, profitability, and credit histories of establishments being evaluated with those of similar establishments in the same industries and geographic locations.
• Prepares and presents credit reports to appropriate senior staff or committees for use in the making of lending decisions on new, renewal and extension loans.
• Monitor credit risk by periodically evaluating financial trends, credit bureau reports, pay habits, and other sources of information of the borrower and guarantor(s).
• Ensure compliance with bank policy, regulatory requirements and credit worthiness by reviewing and updating all pertinent credit loan file information, and adherence to all loan agreements requirements including following for required financial reports and compliance with financial covenants.
Required Knowledge:
• Regulation E (EFT)
• Bank Secrecy Act
• FDIC Insurance
• Privacy Laws
• Regulation BB (CRA)
• Regulation B (ECOA)
• Regulation X (RESPA)
• Regulation Z (Truth about Lending)
• Fair Credit Reporting Act
• UCC
• Deposit Products
• Investment Products
• Loan Products
• Loan Documentations
• Account Services
• Trust Services
• Bank Operations
Education and Experience:
• High School Diploma or equivalent required.
• Bachelor’s degree (in Business, Accounting, Finance or related discipline is preferred but not required.
• A minimum of 5-10 years of experience in the field or related area with a strong emphasis on customer service, sales and credit portfolio management.
Estimated salary range (DOE): $90K to $160K plus annual bonus, (possible signing bonus), medical, dental, vision, life, vacation, 401K
Email your resume in MS/Word to Guyot@Bankers-Search.com
Or contact Keith Guyot at (310) 823-1400