BHCU is seeking a highly motivated and experienced Small Business Commercial Loan Portfolio Manager to join our team in Glen Mills, PA. In this role, you will be responsible for financial analysis, ensuring the credit and document file quality, monitoring the ongoing credit metrics and expanding the share of wallet and relationship of an existing small business loan portfolio so each business and its personal related members can achieve their financial goals with tailored BHCU financial solutions to support their growth and success.
As a Small Business Commercial Loan Portfolio Manager, you will be responsible for underwriting and preparing for approval of new commercial loan requests by analyzing financial statements, cash flow, and credit worthiness of small business members. As the Small Business Commercial Loan Portfolio Manager, you play a crucial role in balancing risk and profitability for the Credit Union’s lending activities. You will be leveraging your credit skills to make sound lending decisions and work as a partner with our small business members. Your ability to communicate and manage expectations with the Business Development Officers/Business Relationship Managers, the Credit Union Servicing Organization (CUSO) and our small business members through the lending process is paramount. As a Small Business Commercial Loan Portfolio Manager, you will be responsible for ensuring that the Credit Union’s small business members loans are being reviewed annually not only to accurately access the credit risk of the commercial loan portfolio but to recommend financial and lending solutions to address challenges that the small business member faces to reach their goals and objectives.
- Collecting updated borrower financial information in accordance with periodic reporting requirements and completing scheduled loan reviews.
- Managing a portfolio of small business clients including monitoring loan covenants and structuring loan proposals.
- Underwriting and originating new credits from existing and/or new members including renewals, modifications, and annual reviews.
- Making appropriate loan structure recommendations.
- Assist in business loan processing, documentation, closing and/or collection/workout actions including with SBA 7a guaranteed loans. Experience with SBA 7a lending is a requirement.
- Enhancing the share of wallet and cross-sell ratio through the expansion and deepening of member penetration as well as job-related behaviors.
- Spreading, analyzing, and reviewing financial statements and/or tax returns, income sources, and collateral coverage of borrowers including corporations, partnerships, sole proprietors, and individuals while adhering to the Credit Union’s policies and procedures.
- Assisting in and/or preparing loan presentation write-ups for management and/or loan committee approvals.
- Reviewing commercial loan participations from partner credit unions for credit worthiness and profitability and to make recommendations to management.
- Manage the Available for Sale Commercial Loan Process by preparing credit memos with an executive summary, salient facts as well as loan structure and/or terms for a potential buyer to review for purchase of the Credit Union’s originated loans to manage liquidity and ensure compliance with member business loan cap.
- Ensuring that loans and other assets are appropriately, and timely risk rated in accordance with the Credit Union’s loan policy.
- Assist in loan collection and workout activities as needed. Experience with business loan collection and workout strategies is a requirement.
· Additional duties as assigned in support of credit union goals and objectives.
Who Are You?
You’re someone who wants to influence your own professional development. You’re looking for an opportunity where you can pursue your interests and your passion. Where a job title is not considered the final definition of who you are, but merely the starting point for your future.
- Small to medium sized commercial experience required.
- Formal commercial credit training strongly preferred.
- Bachelor’s degree is preferred, or equivalent business experience is required.
- Four or more years of commercial lending experience with an emphasis on relationship management and small business lending. Familiarity with commercial loan processing, loan collection & workout activities and SBA 7a loan process and documentation.
- Strong organizational, and time management skills, and leadership qualities.
- Working knowledge of financial analysis and accounting theory, and the ability to write clearly, logically, and analytically.
- Excellent written and oral communication skills.
- Ability to be a self-starter and demonstrate a strong level of initiative and commitment with a minimum level of supervision.
- Ability to understand accounting, including financial statement and/or tax return spreads, cash flows, and credit analysis.
- Ability to define problems, proactively identify and articulate risks, collect data, establish facts, and draw valid conclusions to be communicated to management.
- Commercial Banking Knowledge including an in-depth understanding of commercial banking practices, lending products, and industry regulations.
- Proficient in relevant software and tools used for financial analysis, portfolio management, and risk assessment (Microsoft Excel, Word and NCino)
- Decision-Making and Analytical Abilities: Strong analytical skills to make sound lending decisions, anticipate market trends, and provide recommendations based on thorough analysis.
- Communication: Effective communication with internal and external clients is vital for maintaining transparency and managing expectations. Attention to detail in member reports, business updates, and performance analyses ensures that clients receive accurate and comprehensive information, fostering trust and respected financial advisor status.
Job Type: Full-time
Pay: $70,000.00 - $80,000.00 per year
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Health insurance
- Life insurance
- Paid time off
- Vision insurance
Experience level:
Physical setting:
Schedule:
- 8 hour shift
- Monday to Friday
Ability to Commute:
- Glen Mills, PA 19342 (Required)
Work Location: In person