Portfolio Management Team Leader

Job Description

Overview

The Portfolio Management Team Leader is responsible for leading, managing, and coaching a team of Portfolio Managers while assisting with the strategic implementation and execution of ongoing portfolio management improvements, tools and resources. The PM Team Leader will work closely with business line partners to efficiently and strategically grow the commercial loan portfolio. The PM Team Leader is responsible for ensuring reporting requirements, annual reviews, covenants, spreads, renewals and related underwriting activities are completed timely, accurately and are aligned with the Bank's standards, policies and procedures. The PM Team Leaders will be responsible for assigning appropriate risk ratings, identifying credit risks and recommending appropriate credit actions. This position involves frequent interaction with Market Executives, Credit Risk Officers, Loan Administrative Leader and Loan Operations management.

Essential Functions

• Drive Portfolio Management strategy, implementation and execution
• Recommend improvements to portfolio management processes, procedures and staffing to improve efficiency and effectiveness
• Lead, manage and coach a team of Portfolio Managers to ensure risk is managed appropriately in the portfolio.
• Generate and monitor reporting related to loan maturities, annual reviews, covenants, financial reporting requirements, delinquency, renewals, conditions and related reports.
• Ensure annual reviews and covenant tests are completely consistently and as scheduled, escalating credit risks identified in the process.
• Tailor individual and group training when gaps are recognized to ensure skill set progression to maximize performance and professional growth
• Assign credit relationships to PM's based on capacity, credit acumen and other factors.
• Review and endorse / or approve Annual Reviews or credit requests ensuring the analysis and related materials are complete and accurate, including credit risk identification and risk rating assignment.
• Ensure all loan approval conditions have been met within required time frame
• Ensure timely collection, review and evaluation of all financial statement requirements from borrowers and guarantors
• Proactively identify and escalate declining financial performance / negative indicators within the loan portfolio on a timely basis
• Administer complex construction loans in accordance and in conjunction with the Construction Loan Administration group as needed
• Act as the first line of defense to recommend and process timely risk rating changes in conjunction with the Relationship Manager
• Initiate and / or complete loan modifications per established protocols
• Manage and maintain collateral requirements
• Coordinate and assist with criticized loan reports as part of the Watch List program
• Act as a liaison with Commercial Loan Operations, Loan Review, Audit, examiners and other departments as required
• Jointly call on clients to stay apprised of business activity / performance and serve as additional contact point
• Facilitate client service requests
• Optimize client relationships and create an exceptional client experience
• Comply with all corporate standards and audit-related matters in specific areas of responsibility
• Remain current on all banking rules and regulations
• Establish increased productivity and profitability
• Ensure compliance with Northwest's policies and procedures, and Federal / State regulations
• Navigate Microsoft Office Software, computer applications, and software specific to the department in order to maximize technology tools and gain efficiency
• Work as part of a team
• Work with on-site equipment

Qualifications

preferred And

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Northwest is an equal opportunity employer. We are committed to creating an inclusive environment for all employees.