Portfolio Manager

Formed in 1934, Telhio began as a credit union for Columbus Telephone Company (now AT&T) employees. Telhio now serves over 70,000 member-owners throughout central and southwest Ohio. As one of the largest credit unions in Ohio, Telhio is a strong financial institution that continues to serve its members through extraordinary service, innovative financial solutions and community involvement. After generations of service and growth, we never lose focus of our three core values - Caring, Commitment, and Integrity.

Summary:

The Portfolio Manager obtains and analyzes annual financial statements and current tax returns to evaluate the cash flow and viability of the business for all business loans including but not limited to commercial real estate, commercial & industrial, lines of credit, and government guaranteed loans. Limits the Credit Union's risk of losses by monitoring the quality of the commercial loan portfolio and keeping management informed of potential losses, trends and compliance problems.

Responsibilities:

Conducts annual review of business members' financial statements, tax returns, lines of credit greater than $50K

Reanalyzes and updates collateral values and conducts updated cash flow analysis

Prepares financial spreads and assesses borrower’s ability to repay by evaluating financial metrics including UCA cash flow analysis

Conducts capitalization rate analyses and other collateral valuation methods to determine loan exposure

Prepares written presentations on business loans for all annual reviews and problem credit monitoring reports

Performs portfolio maintenance, order periodic real estate appraisals, monitor real estate taxes and insurance, and conduct site visits as needed

Review existing loans and take appropriate action on loans that mature or become past due

Completes all the watch list and action plan reports in a timely manner

Monitors the financial statement and documentation exception report, coordinate with the lender who is responsible for clearing the exception and maintain exception percentages below the credit union’s target

Go on calls with lenders and complete site visit reports as needed

Conducts annual review of treasury products utilized by borrowers

Keeps abreast of collateral audit results, with any adverse trends reflected in the underwriting and risk rating of the Borrower

Stays up to date on all regulations applicable to job responsibilities

Anticipates business partner needs and develops a reputation for responsiveness

Adheres to MLB Policy and Procedures while delivering on agreed SLAs

Communicate with appropriate channels when credits decline in rating

Completes appropriate servicing tasks (CITs, Default Letters, Demand Letters, Payoffs) timely and accurately

Qualifications:

Bachelor's degree Finance, Accounting, Business, Economics, Business/Administration, Management, Statistics. (Preferred)

Minimum of 1 years’ experience in Commercial Lending (Required)

1-3 years - Quantitative analysis or industry/equity research (Preferred)

1-3 years - Interpreting financial data (Required)

Less than 1 year - Identifying business implications of industry trends or credit data (Preferred)

Knowledge of SBA standard operations procedures

Analytical thinking

Possesses expert written, oral and interpersonal communication skills

Spreading and analyzing financial statements

Credit scoring, loan documentation and credit analysis

What you will earn:

Competitive salary

Benefits: several medical plan options, dental, free vision, free life and free disability insurance

Additional financial incentive programs for employees enrolled in our insurance

6% matching and immediately vested 401(k) plan

100% paid paternity leave

10 paid holidays and generous paid time off plan for a healthy work-life balance

Opportunity for personal career growth, continued education and mentorship programs

Volunteer opportunities impacting the local community

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 the essential functions.

While performing the duties of this job, you will need to have good manual dexterity as well as speaking and hearing ability. This position requires sitting; some reaching; standing; some stooping or kneeling. The employee must occasionally lift and move up to 50 pounds. It is expected that the employee will read, compile, compute and record numerical and statistical data. Must drive occasionally.

This is a Non-Collective Bargaining Unit

Telhio is an Equal Opportunity Employer