Position SummaryResponsible for overseeing the performance, risk management, and strategic direction of the bank's commercial loan portfolio. Managing sound credit practices, regulatory compliance, and asset quality of the portfolio.Essential Functions
Lead the monitoring and management of the commercial loan portfolio, including CRE, C&I, SBA, and other business lending segments.
Develop and implement portfolio strategies to ensure the risk ratings reviews are completed in a timely manner.
Supervise and mentor a team of commercial portfolio managers.
Ensure adherence to internal credit policies and regulatory guidelines.
Maintains on-going financial and covenant tracking of the commercial loan portfolio.
Partner with commercial lenders to support client relationships and ensure timely and effective portfolio servicing.
Engage with borrowers on complex credit matters, renewals, and restructures as needed.
Oversee the preparation of portfolio reports for executive management and the board.
Analyst portfolio performance metrics, including delinquencies, charge-offs, and risk ratings.
Support regulatory exams and internal/external audits with relevant documentation and analysis.
Make recommendations to appropriate risk rating changes.
Job Requirements and Qualifications
Job requires strict attention to detail and thoroughness in the completion of job duties.
Job requires thorough analysis of information and use of logic to address complexity of data and information.
Education and Experience
Bachelor's degree in finance, business or related field or equivalent experience
Minimum of 7 years' experience in a financial institution's Commercial Loan department
2 – 4 years of Supervisory skills
Extensive knowledge of financial institution's sound lending policies and procedures
Extensive knowledge of Commercial Real Estate lending practices
Knowledge of SBA lending programs preferred, but not required
Licenses and Certifications
N/A
Knowledge, Skills, and Abilities
Ability to work independently with limited supervision
Ability to work in a structured environment with established procedures
Professional behavior mandatory at all times
Good organizational skills and ability to multi-task
Ability to effectively communicate with other bank departments
Excellent reading comprehension and legible writing skills
Knowledge of administrative and clerical procedures and systems such as word processing, managing data, files, and records, designing forms, and other office procedures.
Excellent oral and written communication skills.
Excellent computer skills in a Microsoft Windows environment including proficiency in Word and Excel.
Ability to collaborate and relate well to all kinds of people, build appropriate rapport and constructive, effective relationships, and use tact and diplomacy to handle situations comfortably.
Ability to read, comprehend, analyze, and interpret legal documents, governmental regulations, and professional publications.
Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, and percentages. Ability to apply concepts of basic algebra.
Ability to write reports and business correspondence.
Ability to speak and write clearly to effectively convey information so that others understand and as appropriate for the needs of the audience.
Ability to apply common sense understanding to carry out written and oral instructions.
Ability to work independently with little supervision.
Financial Responsibilities:
Although the Portfolio Management Department is not directly responsible for the financial position of Unity Bank, its end product is used by Bank Management to make decisions that do impact the Bank's financial position and profitability (e.g., fee and interest income, loan volume, loan losses, etc.)
Physical Requirements
Ability to sit for long periods of time up to 75% of work hours.
Ability to use hands to grasp, handle or feel.
Ability use computer keyboard and system to enter data and process information.
Ability to talk, hear, and see.
Ability to use telephone to communicate with customers and employees.
Ability to use office equipment such as teller scanner, personal computer, telephone, mobile device, copier, fax machine, adding machine, etc.
Ability to lift to 20 lbs. less than 10% of work hours.
Working Conditions
Moderate sound as in business office with office machines, computers, and people traffic.
Open floor work environment.
Compliance
It is the responsibility of each bank staff member and of management to adhere to policies and procedures designed to implement compliance with the laws and regulations to which the bank is subject. Each bank staff and management member shall be accountable for understanding how compliance with laws and regulations affects the performance of their day-to-day duties, for completing compliance training as assigned and for carrying out those duties in a manner to achieve compliance with those laws and regulations.
All qualified applicants will receive consideration for employment without regard to race, color, age, religion, gender, sexual orientation, gender identity, national origin, protected veteran status or disability.This job description is not an employment agreement or contract, implied or otherwise. Unity Bank maintains "at will" employment.This document describes the position currently available. It is intended to convey information essential to understanding the scope of the position and is not an exhaustive list of skills, efforts, duties, responsibilities, or working conditions associated with it. Unity Bank reserves the right to modify duties or job descriptions at any time. Nothing in this job description restricts management's right to assign or reassign duties and responsibilities at any time. Individuals may perform other duties as assigned, including work in other functional areas to cover absences or relief, to equalize peak work periods, or otherwise balance the workload.Unity Bank is committed to the principles of equal employment opportunity and prohibits discrimination in hiring, promotion and terms and conditions of employment on the basis of race, creed, color, national origin/nationality, ancestry, religion/religious practices or observances, age, sex, gender identity or expression, affectional or sexual orientation, marital status, civil union status, domestic partnership status, disability or perceived disability, atypical hereditary cellular or blood trait, genetic information, and status as a veteran or disabled veteran of, or liability for service in, the Armed Forces of the United States.Unity Bank commits to making reasonable accommodation to the known physical or mental limitations of qualified individuals with disabilities and qualified disabled veterans provided the individual is able to perform the essential functions of the job, unless such accommodation would impose an undue hardship upon Unity Bank. A qualified employee or job applicant with a disability may request a reasonable accommodation by contacting Unity Bank's human resources department.
