Portfolio Manager

Job Title: Portfolio Manager

Job Summary:

This position plays a critical role in managing the comprehensive, in-depth review of commercial and consumer loan files during the pre-funding stage. This role involves ensuring the accuracy, completeness, and compliance of all documentation including exception tracking, collateral verification, UCC filings and insurance verification. This role will occasionally perform a wide variety of duties in the Commercial Lending Department. This position handles functions that have a regulatory, monetary, and potential reputational risk impact. Functions are time sensitive and must be adhered to by means of policy and procedure.

Primary Duties/Responsibilities:

This list includes the current primary responsibilities of this position. It is not intended to be all-inclusive and is subject to change, as needed, for the purpose of operational efficiency.

Works directly with compliance officer, portfolio managers, and commercial loan officers to ensure compliance, accuracy, and consistency with the production team’s loan files.

Review of all early disclosures for consumer purpose loans.

Pre Fund Review

All applicable regulations for commercial and consumer purpose loans

Valor Bank loan policy and procedures for commercial and consumer purpose loans

All loan in process for proper authority and legal documentation

Collateral perfection requirements

Identify and note technical exceptions and loan covenants

Work closely with compliance officer for regulatory compliance including, but not limited to HMDA LAR.

Collaborate to refine processes and procedures related to loan administration and compliance. Maintains a thorough understanding of all policies, procedures, and regulations pertaining to the commercial loan department.

Additional Duties/Responsibilities:

Occasionally assist in the following duties to support the commercial loans department:

Process all loan types which may include commercial real estate and non-real estate in addition to consumer real estate and non-real estate. Tasks may include generating and delivering required disclosures, ordering all required services, and working directly with all parties to the loan transaction to ensure the timely scheduling of loan closings.

Assist in facilitating the loan application process which may include taking loan applications directly from loan applicants, requesting necessary documentation to aid in the approval process, and beginning the credit memo and cash flow analysis process.

Prepare accurate fundings of loan transactions prior to closing which may include preparation of cashier’s checks and outgoing wires necessary to complete the funding of the loan transaction at closing.

Process loan advances, ensuring that the project is funded to an appropriate level based on the inspected percentage of completion.

Provide superior customer service to internal and external customers.

Education/Experience Requirements:

High school diploma or equivalent and 3-5 years related experience or equivalent.

Direct experience and knowledge of loan documentation and loan compliance.

Direct knowledge of lending regulations including but not limited to: HMDA, FCRA, ECOA, TILA, TRID.

Preferred: Laser Pro, CSI Nupoint.

Qualification Requirements:

Effective interpersonal relationships with management and team members.

Ability to perform tasks quickly and accurately.

Excellent organizational and time management skills.

Proficient computer skills, including the Microsoft Office tools, and the ability to utilize the Bank’s current software.

Physical Requirements:

May require long periods of typing and repetitive motion.