Job Information
Raccoon Valley Bank Portfolio Manager in Grimes, Iowa
**[SCOPE: [The Portfolio Manager will assist and support the Commercial Lending Team with the day-to-day management of existing large customer portfolios in high growth markets, having a moderate degree of difficulty. Further, this position will be responsible for generating new business and referrals. [Portfolio Manager reports to the Chief Lending Officer and will work closely with all the Commercial Lenders to meet lending goals and objectives. The Portfolio Manager will communicate with borrowers, third party lenders, attorneys, and other external parties, as appropriate.
[ACCOUNTABLITIES: [Loan Portfolio Management: 50%]{calibri="" light",sans-serif"=""}]{calibri="" light",sans-serif"=""}]{calibri="" light",sans-serif"=""}]{lang="EN" calibri="" light",sans-serif"=""}]{calibri="" light",sans-serif"=""}**
- Support Commercial Loan Officers in their negotiation of more complex contracts with customers.
- Meet with loan applicants, perform site inspections, collect and analyze financial and related data in order to determine the general credit worthiness of applicants, and verify the data.
- Determine credit risk and make timely and accurate decisions on loans within delegated authority.
- Present recommendations within the credit presentation to the appropriate parties when necessary.
- Monitor assigned loans on a regular and continuous basis; specifically monitor the repayment activities and take necessary action to collect past due accounts.
- Assist in developing workout strategies for collection loans.
- Review credit appraisals and loan agreements for Commercial Lenders as needed to ensure they are complete and accurate under Bank policy.
- Maintain customer confidence and protect the bank operations by keeping information confidential.
- Provide day to day commercial loan support across the bank.
[Sales: 40%]{calibri="" light",sans-serif"=""}
Generate new business opportunities, get referrals, monitor sales pipeline, and meet established production targets.
Participate actively in business development and marketing programs, contacting both current and prospective customers.
Advises customers about the risks, consequences, and benefits of different lending solutions, and rejects loans when necessary, by explaining the deficiencies to applicants.
Completes loan contracts by explaining provisions to applicants, obtaining signatures, and collecting fees.
Assist with cross selling banks services.
Provide leadership and actively participate in customer, community, and public relation activities to increase the banks visibility and to enhance new business opportunities.
[Establish and maintain positive networking relationships with customers and prospects, along with promoting the ban ]{calibri="" light",sans-serif"=""}