Northwest Consumer Discount Company
Portfolio Manager - Cash Flow Lending
Northwest Consumer Discount Company, Columbus, Ohio, United States, 43224
Portfolio Manager - Cash Flow Lending page is loaded## Portfolio Manager - Cash Flow Lendinglocations:
Remote - USAtime type:
Full timeposted on:
Posted 16 Days Agojob requisition id:
R-101221**Job Description**The Portfolio Manager, Cash Flow Lending role is responsible for the ongoing monitoring process for the Bank's commercial loans within the Cash Flow Lending vertical to ensure timely portfolio monitoring, accurate risk ratings, and compliance with credit policy, loan agreements, and applicable banking regulations.
This individual contributor position interacts closely with and supports Commercial Banking Relationship Managers, as well as other internal personnel, on commercial credit portfolio monitoring, working under limited supervision.**Essential Functions*** Monitor credit performance of individual commercial borrowers ensuring timely escalation or remediation, as appropriate* Responsible for the timeliness and accurate aggregated reporting of the Cash Flow Lending portfolio monitoring activities and adherence to credit policies, procedures and thresholds related to financial statement collection, covenant testing, collateral valuation, annual reviews, and delinquencies.
Evaluation of risk associated with non-compliance* Engage with customers to gain a thorough understanding of the borrowers’ business model, financial performance, and industry trends to effectively evaluate sources of repayment and accurately assign risk ratings* Collect and review all pertinent credit and financial information, including but not limited to financial statements, tax returns, due diligence reports, credit bureaus, appraisals, internal credit information, industry research and peer data. Determine the need for more thorough investigation or additional information* Spread financial statements and prepare financial models designed to assess probability of default and loss given default.
Document historic and proforma cash flows, covenant calculations, sensitivity analysis, guarantor statement review, and collateral valuation as appropriate.* Analyze financial information and related materials to ensure prudent ongoing credit monitoring for the Bank’s commercial loan portfolio. Analyses to include an independent credit quality assessment with well-supported risk rating rationale, identification of credit risks and mitigants, industry concerns, market trends, financial trends, and other pertinent credit issues. Identify emerging risks or material changes in customers financial position, including evaluation of compliance with loan agreements* Present analysis or address questions during credit discussions or presentations* Document and track key risk indicators associated with monitoring and control procedures and any applicable thresholds, including industry concentrations and leveraged finance exposure* Coordinate and conduct quarterly portfolio reviews to assess the overall performance and risk profile of the cash flow lending portfolio including leveraged lending exposure and distribution, asset quality metrics and trends, industry concentrations, top exposures, maturity profile, and pipeline.* Ensure compliance with Northwest’s policies and procedures and applicable regulations* Complete other related duties as assigned in support of Credit Management’s support function* Ensure compliance with Northwest’s policies and procedures, and Federal/State regulations* Navigate Microsoft Office Software, computer applications, and software specific to the department to maximize technology tools and gain efficiency* Work as part of a team* Work with on-site equipment**Education and Experience preferred*** Bachelor’s degree Accounting, Finance, Economics, or related degree* 3-5 years of Commercial underwriting, public accounting, financial analysis, or credit risk managementThis position can be performed remotely, unless you live within 40 miles of one of our Hub locations which are listed below. If you live within 40 miles of one of the locations listed below, you must be onsite Monday - Thursday with Friday as an optional work from home day.INDEPENDENCE, OH6480 Rockside Woods Blvd SSuite 345Independence, OH 44131COLUMBUS, OHHQ3 Easton OvalColumbus, OH 43219BUFFALO, NY375 Essjay RoadSuite 100Buffalo, NY 14221MOUNT JOY, PA101 East Main StreetMount Joy, PA 17552WARREN, PA100 Liberty StreetWarren, PA 16365ERIE, PA800 State StreetErie, PA 16501PITTSBURGH, PABellevue532 Lincoln AvenueBellevue, PA 15202FISHERS, IN11 Municipal DriveSuite 150Fishers, IN 46037Northwest is an equal opportunity employer. We are committed to creating an inclusive environment for all employees.At Northwest, we’re here for what's next.
Whether we're finding opportunities for families, businesses and communities or opening doors for our team, we share a passion for helping the people around us succeed.
And we know that in order to provide the highest level of care, we need to understand unique experiences and perspectives. That's why, whether you're interested in a corporate role or something customer-facing, your talent and voice matter. Here, you belong.
Working at Northwest, you'll find that we recognize our employees for the important work they do through competitive compensation and benefits, professional development opportunities and by regularly celebrating wins along the way.
So, take a look at the opportunities here.
And join us as we move into the future making a difference for the people we serve. #J-18808-Ljbffr
Remote - USAtime type:
Full timeposted on:
Posted 16 Days Agojob requisition id:
R-101221**Job Description**The Portfolio Manager, Cash Flow Lending role is responsible for the ongoing monitoring process for the Bank's commercial loans within the Cash Flow Lending vertical to ensure timely portfolio monitoring, accurate risk ratings, and compliance with credit policy, loan agreements, and applicable banking regulations.
This individual contributor position interacts closely with and supports Commercial Banking Relationship Managers, as well as other internal personnel, on commercial credit portfolio monitoring, working under limited supervision.**Essential Functions*** Monitor credit performance of individual commercial borrowers ensuring timely escalation or remediation, as appropriate* Responsible for the timeliness and accurate aggregated reporting of the Cash Flow Lending portfolio monitoring activities and adherence to credit policies, procedures and thresholds related to financial statement collection, covenant testing, collateral valuation, annual reviews, and delinquencies.
Evaluation of risk associated with non-compliance* Engage with customers to gain a thorough understanding of the borrowers’ business model, financial performance, and industry trends to effectively evaluate sources of repayment and accurately assign risk ratings* Collect and review all pertinent credit and financial information, including but not limited to financial statements, tax returns, due diligence reports, credit bureaus, appraisals, internal credit information, industry research and peer data. Determine the need for more thorough investigation or additional information* Spread financial statements and prepare financial models designed to assess probability of default and loss given default.
Document historic and proforma cash flows, covenant calculations, sensitivity analysis, guarantor statement review, and collateral valuation as appropriate.* Analyze financial information and related materials to ensure prudent ongoing credit monitoring for the Bank’s commercial loan portfolio. Analyses to include an independent credit quality assessment with well-supported risk rating rationale, identification of credit risks and mitigants, industry concerns, market trends, financial trends, and other pertinent credit issues. Identify emerging risks or material changes in customers financial position, including evaluation of compliance with loan agreements* Present analysis or address questions during credit discussions or presentations* Document and track key risk indicators associated with monitoring and control procedures and any applicable thresholds, including industry concentrations and leveraged finance exposure* Coordinate and conduct quarterly portfolio reviews to assess the overall performance and risk profile of the cash flow lending portfolio including leveraged lending exposure and distribution, asset quality metrics and trends, industry concentrations, top exposures, maturity profile, and pipeline.* Ensure compliance with Northwest’s policies and procedures and applicable regulations* Complete other related duties as assigned in support of Credit Management’s support function* Ensure compliance with Northwest’s policies and procedures, and Federal/State regulations* Navigate Microsoft Office Software, computer applications, and software specific to the department to maximize technology tools and gain efficiency* Work as part of a team* Work with on-site equipment**Education and Experience preferred*** Bachelor’s degree Accounting, Finance, Economics, or related degree* 3-5 years of Commercial underwriting, public accounting, financial analysis, or credit risk managementThis position can be performed remotely, unless you live within 40 miles of one of our Hub locations which are listed below. If you live within 40 miles of one of the locations listed below, you must be onsite Monday - Thursday with Friday as an optional work from home day.INDEPENDENCE, OH6480 Rockside Woods Blvd SSuite 345Independence, OH 44131COLUMBUS, OHHQ3 Easton OvalColumbus, OH 43219BUFFALO, NY375 Essjay RoadSuite 100Buffalo, NY 14221MOUNT JOY, PA101 East Main StreetMount Joy, PA 17552WARREN, PA100 Liberty StreetWarren, PA 16365ERIE, PA800 State StreetErie, PA 16501PITTSBURGH, PABellevue532 Lincoln AvenueBellevue, PA 15202FISHERS, IN11 Municipal DriveSuite 150Fishers, IN 46037Northwest is an equal opportunity employer. We are committed to creating an inclusive environment for all employees.At Northwest, we’re here for what's next.
Whether we're finding opportunities for families, businesses and communities or opening doors for our team, we share a passion for helping the people around us succeed.
And we know that in order to provide the highest level of care, we need to understand unique experiences and perspectives. That's why, whether you're interested in a corporate role or something customer-facing, your talent and voice matter. Here, you belong.
Working at Northwest, you'll find that we recognize our employees for the important work they do through competitive compensation and benefits, professional development opportunities and by regularly celebrating wins along the way.
So, take a look at the opportunities here.
And join us as we move into the future making a difference for the people we serve. #J-18808-Ljbffr