Easter Seals Jobs

Position Title
Portfolio Manager

Location
Work From Home United States

Job Summary
A Portfolio Manager must be an analytical, organized, team-focused individual with good verbal and written communication skills. This individual will be responsible for completing an in-depth analysis of commercial loan requests, as well as making recommendations based on such analysis. supporting our growing banking teams. Portfolio Managers work in a team environment as a key player within the relationship deal team. Primary responsibilities include underwriting, monitoring and maintaining the credit quality of a loan portfolio as well as managing the loan closing process. Portfolio Managers maintain strong working relationships, variant on experience level, with the clients, deal team, credit team and other internal partners.

We have multiple openings for portfolio managers and can hire at any of the levels outlined in the description below. Compensation ranges from a base salary of $100, 000 - $200, 000, depending on qualifications, experience and geographical location.

Pay Range: $71, 600.00 - $87, 947.00 - $132, 600.00

Job Responsibilities:

• Underwrite, Analyze and Close Loans: Working with the relationship manager, take a lead role in the structuring, underwriting and analysis of commercial loan requests. Prepare credit approval packages, present recommendations to the credit team/senior management, and close complex commercial loans.
  
• Portfolio Management: Responsible for monitoring the credit quality of the assigned portfolio by periodically evaluating financial trends, covenant compliance and borrowing bases, including the preparation of annual (or more frequent) reviews. In addition, responsible for managing delinquencies and collateral exceptions.
  
• Relationship Management: Highly visible role in managing the client relationship along with the deal team.
  
• Training: Mentor, train and develop junior team members.
  
• Maintaining Knowledge: Knowledgeable about the various commercial products available to clients as well as general market/industry trends.
  

Job Requirements:

• Bachelor's Degree in Business, Finance or related field, required at any level
  
• Excellent leadership and communication skills enabling smooth and efficient loan closings as well as daily portfolio management
  

Complexity of transactions/portfolios managed and years of experience differentiate the levels:

Portfolio Manager I

• 3-5 years of experience, may include less experience per management evaluation if individuals demonstrated the ability or met requirements of the portfolio manager position
  
• Handles transactions/relationships/portfolio with the lowest level of complexity
  

Portfolio Manager II

• 5-8 years of experience
  
• Handles transactions/relationships/portfolio with moderate level of complexity
  

Portfolio Manager III

• 8-12 years of experience
  
• Handles transactions/relationships/portfolio with high level of complexity
  
• Experience working with less experienced team members to mentor and develop them, sharing expertise and insights
  

Senior Portfolio Manager

• 12 years of experience
  
• Handles transactions/relationships/portfolio with the highest level of complexity
  
• Experience working with less experienced team members to mentor and develop them, sharing expertise and insights
  
• A high level of oral and written interpersonal skills are necessary to recommend loan transactions to bank senior management
  

Flagstar is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identify, or national origin.

Equal Opportunity Employer - minorities/females/veterans/individuals with disabilities/sexual orientation/gender identity

Minimum Salary: 0.00 Maximum Salary: 0.00 Salary Unit: Yearly