Job title: Business Banking Portfolio Manager
Company: Mechanics Bank
Job description: Mechanics Bank is currently searching for a Business Banking Portfolio Manager to join our team. Here at Mechanics Bank, we value connection, partnership, long term relationships and working together in person. This role can work remote or onsite at our Roseville office.Assists with the day-to-day management of existing BBG customer portfolios in high growth markets, having a moderate degree of difficulty. Monitors existing credit on a scheduled basis for issues or concerns. Works with Business Banking Credit Team and Business Banking Sales Manager to handle proposed credit requests from customers. Facilitates the documentation and closing process for new large, moderately complex credit facilities, ensuring that the loans are properly set up on the loan systems for accurate ongoing monitoring.What you will do:Assists in managing a portfolio of customer relationships to ensure compliance with loan approvals and loan documentation. This may include collecting necessary financial data, financial modeling for verification and understanding of past and future performance, analysis, presentation, recommendation, and completion of waivers and amendmentsMonitors existing credit on a daily basis for issues or concerns and conducts monthly, quarterly, and annual credit reviews as required.Reviews status of current accounts to include, but not limited to, past due accounts, maturities, and renewals. Notifies Business Banking Sales Manager on these matters and interacts with the customer where necessary.Notifies credit and Sales Manager immediately of any deterioration in operating performanceSupports Business bankers in working with large and/or complex Business Banking customers to handle existing and proposed credit requests, providing a high level of customer service support, with an emphasis on obtaining and retaining high income customers.Works with community bankers, agent bank officers, and bank attorney(s) on the loan documentation and closing process for new large, complex credit facilities. Interfaces with the administration operations officer on the booking of new deals, setting up appropriate loan monitoring procedures, and ensuring proper set up on the loan systems for accurate ongoing monitoring.Ensures all transactions and processing are in compliance with regulatory and company guidelines, policies and procedures.Conducts review and maintenance of monitoring reports and uploading of pertinent approval documentation to ensure that loan information is in place to facilitate internal loan and regulatory reviewAssists in cross selling efforts and performs special projects related to individual portfolio dynamics or projects for the department manager.Who you are:Bachelor’s Degree highly preferred in Finance, Accounting or related field. Additional experience will be considered in lieu of degree.Minimum of 3 years in finance, accounting, business or related field.Proficient with Microsoft Word, Excel, and PowerPoint, including Excel modeling and Moody’s statement modelsStrong oral and written communication skillsStrong customer service skillsAbility to understand the core competencies of a business and recognize deviation from those principlesStrong organizational skillsAbility to gather information and provide appropriate solutionsAbility to communicate effectively with potential, new, and established client groupsAbility to work in a group environment with a number of different individuals, both senior and juniorAbility to create, build, and maintain effective and mutually beneficial business relationships with key commercial clientsAbility to maintain confidentiality of secured informationAbility to work in a competing and demanding marketAbility to work in a goal focused team environment#LI-AS1Salary: $70,000-100,000 annuallyFinal compensation package will be determined by the work experience, education, and/or skill level of the applicant along with internal equity and alignment with geographic market data.
- Mechanics Bank is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, sex, sexual orientation, religion, national origin, age, genetic information, veteran status, or on the basis of disability, gender identity, sexual orientation or other bases prohibited by applicable law.
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Expected salary: $70000 – 100000 per year
Location: Roseville, CA
Job date: Fri, 30 Aug 2024 05:08:57 GMT
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