Business Banking Portfolio Manager II

Salem Five believes deeply in supporting the communities in which we reside. Donations through our Charitable Foundation or events at the branch or location-level are an important part of our DNA. We would not be the company we are without our commitment to businesses and organizations that help the region thrive and to our employees. Come see what we’re all about. 

ESSENTIAL DUTIES AND RESPONSIBILITIES include the following, however other duties may be assigned as necessary:

Manage, maintain and service a Business Banking credit portfolio as defined by the size of client relationships and/or via assignment by senior leadership by:

• Addressing maturing credit facilities and working with account officers to increase bank exposure where appropriate.
• Reviewing and/or renewing demand lines of credit, commercial real estate loans, and letters of credit which may include, but not be limited to, ensuring all loan conditions are being met, collecting and reviewing customer financial statements, delinquency history, overdraft history, credit history, loan files, etc., and making appropriate recommendations to underwriting.
• Working directly with assigned portfolio clients in person, virtually, or via email or other communication channels during the collection of financials and other documentation when needed, and/or in general support of customer inquiries.
• Working with closing attorneys, accountants, lenders and support staff to ensure that all loan pre-closing conditions and post-closing conditions are met.
• Managing loan extensions, loan modifications, name changes, rate changes and notifications of customer dissolutions.
• Assisting in preparation / review of loan documents for assigned relationships.
• Prepare and organize required reports, memos, and any other necessary documentation on a timely basis.
• Demonstrate compliance with banking laws and regulations as defined in company policies and procedures pertinent to the position.
• Attend Weekly Delinquency meetings and assist Business Bankers with the management of delinquent loans within respective portfolios.
• Work collaboratively and effectively with other areas of the company and participate in projects and special assignments as a representative of Business Banking as appropriate.

Education and/or Experience:                                            

Bachelor’s degree (B.A.) from four-year college or university; at least three (3) years of commercial/ credit analysis experience; or equivalent combination of education and experience and be adept at analysis, underwriting, and documentation.  Formal credit training required.  Prior Commercial and/or Business Banking credit and portfolio management experience a plus.

Benefits/Incentives: We offer a comprehensive benefits package designed to support your well‑being and success, including medical, dental, and vision coverage; Flexible Spending and Health Savings Accounts; 401(k) matching; and tuition reimbursement. You will also enjoy additional perks such as our employee referral program, annual holiday reception, summer family outing, and more.

Salary Range:            $80,000 - $125,000    

The pay range is the lowest to highest compensation we reasonably in good faith believe we would pay at posting for this role. We may ultimately pay more or less than this range. Employee pay is based on factors like relevant education, qualifications, certifications, experience, skills, seniority, location, and performance. This range may be modified in the future. 

Physical Demands: 

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.

While performing the duties of this job, the employee is regularly required to talk or hear. The employee frequently is required to stand; walk; sit; use hands to finger, handle, or feel; and reach with hands and arms. The employee is occasionally required to climb or balance; stoop, kneel, crouch, or crawl; and taste or smell. The employee must occasionally lift and/or move up to 10 pounds. Specific vision abilities required by this job include close vision.

Ready to apply? If this job sounds like a fit for you, then click on Apply/Apply Now in this posting. We look forward to talking with you.     

No unsolicited resumes accepted from agencies.