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Portfolio Manager

Company: Commercial Bank of California
Location: Santa Monica
Posted on: June 18, 2022

Job Description:

Makes and services all types of business and individual loans and lines of credit and supports Market Presidents, Business Development Officers, and Relationship Managers to underwrite new credit facilities, which may include Investment Property Commercial Real Estate loans, Working Capital Lines of Credit, Asset Based Lending Lines of Credit, Equipment Financing loans, and/or other Term Loans for the Bank's existing and prospective clients. Prepares and/or assists in the preparation of Credit Authorizations in accordance with Bank's policies and procedures for presentation to senior credit personnel and/or credit committees. Spreads and analyzes financial statement information to determine financial capacity of Borrower(s). Prepares a thorough analysis of business and/or personal financial statements, along with any collateral related source documentation, and presents facts to provide objective analytical opinions, as appropriate, concerning the creditworthiness and/or financial wherewithal of existing borrowers and prospects. Establish a strategic outline to develop business operating/depository accounts with the Bank. Calls on existing customers to retain business and promote additional Bank services. Represents the Bank at various business related, as well as community functions to further enhance the Bank's image, with the goal of developing additional business to the Bank. Develop a significant referral network to enhance operation of deposit and loan relationship to CBC.PRIMARY FUNCTIONS (Other duties may be assigned)

  • Maintain a portfolio of Commercial Real Estate and C&I loans and ensure that credit is granted on sound financial structures that minimizes risk while providing an adequate return for the Bank.
  • Process credit application for new business; complete applications; meet with Credit Administration to approve, reject and re-structure loans.
  • Recognize and act on customer prospects; attempt to cross sell other opportunities and Bank products with existing customers.
  • Interacts independently, without direction with customers/prospects to request financial information to complete spreading presentations and other financial analysis and creates accurate financial statement spreadsheets and debt service analysis derived from business and personal financial statements and tax returns.
  • Review appraisal, environmental, and title reports to determine reliability and support for credit request.
  • Make proper referral of loan opportunities to lending personnel.
  • Enhance the image and recognition of the Bank in the business and professional community. Interacts directly with loan officers and customers/prospects regarding commercial business loans, and works closely with staff in structuring, analyzing and approving commercial business loans.
  • Prepares accurate Credit Authorizations in conjunction with Bank sales and credit officers, and presents a complete and thorough analysis of existing and potential borrowers.
  • Promote a team atmosphere and coordinate with other personnel in the management of shared account relationships.
  • Makes decisions on administrative and operational matters pertaining to deposits and lending.
  • Complete weekly updates of Pipeline Report to ensure accurate tracking and status of lending deals within loan pipeline; monitor loan portfolio and ticklers.
  • Track monthly Borrowing Base Certificates; monitor revolving lines of credits and potential monthly trends analysis to be used for potential renewals, extensions, and/or increases on subject lines of credit.
  • Maintains an accurate, up-to-date tracking log of all activity and credit arrangements in process.
  • Collects industry information relevant to existing and proposed borrowers using internal & external sources.
  • Trouble-shoot loan account issues with Operations, Wire, New Accounts and Note Departments.
  • Handle customer request and complaints with prompt, professional and courteous attention.QUALIFICATIONS:To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.EDUCATION AND/OR EXPERIENCE:High School Diploma; Bachelor's degree from an accredited four-year college or university; graduation from a Formalized Commercial Credit Training Program; at least 7-10 years related work experience; or an equivalency combination of both education and experience. A Graduate Degree in Finance or MBA a plus, but not necessarily required.Knowledge of:
    • All areas of business lending and inventory financing
    • Credit structure - all forms
    • Banking and financial terminology and operations
    • Strong knowledge and fundamentals of accounting principles, tax return analysis and analytical interpretation of balance sheet, income statement, and cash flow analysis.Abilities:
      • Enter data in personal computer and use calculator; operate telecommunications equipment and other office equipment.
      • Proficiently use Word, Excel, PowerPoint, and another specialized financial systems software.
      • Plan, organize and prioritize tasks to meet deadlines.
      • Analyze and solve work related issues and obstacles.
      • Follow oral and written instructions.
      • Communicate effectively with staff, management, customers, public and private representatives, vendors and other parties.
      • Communicate clearly, either orally and in writing
      • Possess strong sales and marketing ability to sell Bank Services.
      • Manage priorities to ensure effective accomplishment of objectives.
      • Handle strong volume of work flow from various sources.

Keywords: Commercial Bank of California, Santa Monica , Portfolio Manager, Executive , Santa Monica, California

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