Job Information
GESA CREDIT UNION Commercial Loan Portfolio Manager in SeaTac, Washington
Take a leap and join our team!
At Gesa, we believe in the power of our people. Coming from all walks of life, our team members' individual stories and unique experiences are our most valuable asset. But it's how we come together, igniting our collective compassion and commitment to empowering our communities, that makes us succeed. Because we know we go further when we go together.
Here you can join a team who is passionate about serving others, has a desire to do good, and shares a deep love of people. You can engage in meaningful work that impacts your community. You can challenge yourself and grow in your career. And, you can rest assured that your wellbeing and prosperity are our priority.
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Role Summary:
The Commercial Loan Portfolio Manager position will be responsible for managing an existing portfolio of commercial loans or helping commercial loan officers with their existing portfolios. This position will be responsible for completing all annual financial reviews and problem loan reports. The PM will conduct their own underwriting of annual reviews from the existing portfolios they are managing. Maintaining asset quality and monitoring is essential to the success of the commercial lending department. This position also could develop commercial lending skills focused on underwriting, portfolio management, and business development.
What You Will Be Doing:
Maintain asset quality and portfolio monitoring of an existing commercial loan portfolio.
Call on member businesses to maintain existing relationships creating member loyalty to the Credit Union.
Complete annual credit reviews of commercial loans to assess the overall financial condition and member's ability to re-pay the loan.
Complete problem loan reports on commercial loans that are classified as Watch or below.
Make credit approval recommendations to the appropriate approval authority that promotes safe and sound credit underwriting and prudent lending practices.
Assist with maintaining collateral perfection of commercial loans within the portfolio.
Assist with ensuring quality of draw administration for existing commercial loans/lines of credit.
Provide guidance to the commercial loan processor in the completion of all loan documents and business loan closings.
Assist in collection of past due loans.
Monitor existing loan portfolio to ensure credit quality and regulatory compliance.
Maintain up-to-date credit files including current financial information deemed necessary and in accordance with the business loan agreement.
Assist members with any business loan related questions and concerns.
Assist the Commercial Systems & Portfolio Management Manger/Team Lead with special projects and assignments.
Maintain an understanding of the Credit Union Policies and member business lending operating procedures and guidelines.
Attend credit union training sessions, conferences and seminars as approved by supervisor to expand professional knowledge.
Maintain awareness of industry lending laws, rules, regulations, and policies.
Demonstrate support of corporate values, mission and vision. Perform job duties within these standards and in accordance with the guidelines of our bylaws and regulation