Manager, Commercial Portfolio
Suffolkcu, Shirley, NY, United States
At Suffolk Credit Union, we empower our members and strengthen our community by promoting financial wellness, transparency, and respect. Join us to enjoy comprehensive benefits, including health plans, 401(k) matching, and support for work‑life balance, along with employee engagement activities and opportunities for community involvement.
Role Overview The Commercial Portfolio Manager is responsible for monitoring, assessing, and managing the risk of the credit union’s commercial loan portfolio. This role includes performing annual loan reviews, risk grading, preparing credit memorandums, monitoring delinquencies and covenant violations, overseeing vendor services related to property site inspections, managing the portfolio watchlist, and assisting management with workout solutions for borrowers experiencing financial difficulty. The analyst works closely with credit, accounting, operations, and management teams to ensure portfolio health, mitigate risk, and support informed decision‑making.
Key Responsibilities
Perform annual reviews of commercial loans and assign appropriate risk ratings.
Prepare credit memorandums for loan upgrades, downgrades, and other risk‑related decisions.
Monitor risk rating reports and provide actionable insights to management.
Notify borrowers of delinquencies, covenant violations, and other risk‑related issues.
Oversee third‑party vendor services (e.g., Leretta, Sandcastle) that monitor property taxes and site inspection services.
Manage and maintain the loan portfolio watchlist, tracking high‑risk or under‑performing accounts.
Assist management with workout strategies and solutions for borrowers experiencing financial hardship.
Collaborate with underwriting, accounting, and operations teams to validate risk assessments and portfolio data.
Support audits, regulatory reviews, and internal reporting requirements.
Identify trends, operational inefficiencies, or gaps in risk controls and recommend improvements.
Perform front‑end commercial loan underwriting when support is needed.
Any and all other duties as assigned.
Essential Qualifications
Bachelor’s degree in Accounting, Finance, Economics, Risk Management, or closely related discipline.
5+ years of commercial loan risk, credit underwriting, credit analysis, or portfolio management.
Ability to collaborate across multiple teams in a fast‑paced environment.
Familiarity with regulatory compliance, risk frameworks, and workout strategies.
Experience preparing credit memorandums and performing loan reviews.
Knowledge of portfolio monitoring tools, loan servicing systems, and vendor oversight.
Strong analytical and quantitative skills with attention to detail.
Excellent organizational, communication, and project management skills.
Apply today and embark on a rewarding career and start empowering your possible! Suffolk Credit Union provides equal employment opportunities to all applicants and prohibits discrimination of any type on the basis of actual or perceived race, color, creed, religion, national origin, ancestry, citizenship status, age, sex or gender (including pregnancy, childbirth and pregnancy‑related conditions), gender identity or expression (including transgender status), sexual orientation, marital status, military service and veteran status, physical or mental disability, genetic information or any other characteristic protected by applicable federal, state or local laws.
Compensation for employees is generally offered within the range of the minimum to midpoint of the posted salary scale, based on qualifications, internal pay equity, and the budget for the position. This compensation range adheres to state‑specific regulations. The determination of your actual pay rate may take into consideration factors such as your skills, years of experience, and other pertinent qualifications.
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Role Overview The Commercial Portfolio Manager is responsible for monitoring, assessing, and managing the risk of the credit union’s commercial loan portfolio. This role includes performing annual loan reviews, risk grading, preparing credit memorandums, monitoring delinquencies and covenant violations, overseeing vendor services related to property site inspections, managing the portfolio watchlist, and assisting management with workout solutions for borrowers experiencing financial difficulty. The analyst works closely with credit, accounting, operations, and management teams to ensure portfolio health, mitigate risk, and support informed decision‑making.
Key Responsibilities
Perform annual reviews of commercial loans and assign appropriate risk ratings.
Prepare credit memorandums for loan upgrades, downgrades, and other risk‑related decisions.
Monitor risk rating reports and provide actionable insights to management.
Notify borrowers of delinquencies, covenant violations, and other risk‑related issues.
Oversee third‑party vendor services (e.g., Leretta, Sandcastle) that monitor property taxes and site inspection services.
Manage and maintain the loan portfolio watchlist, tracking high‑risk or under‑performing accounts.
Assist management with workout strategies and solutions for borrowers experiencing financial hardship.
Collaborate with underwriting, accounting, and operations teams to validate risk assessments and portfolio data.
Support audits, regulatory reviews, and internal reporting requirements.
Identify trends, operational inefficiencies, or gaps in risk controls and recommend improvements.
Perform front‑end commercial loan underwriting when support is needed.
Any and all other duties as assigned.
Essential Qualifications
Bachelor’s degree in Accounting, Finance, Economics, Risk Management, or closely related discipline.
5+ years of commercial loan risk, credit underwriting, credit analysis, or portfolio management.
Ability to collaborate across multiple teams in a fast‑paced environment.
Familiarity with regulatory compliance, risk frameworks, and workout strategies.
Experience preparing credit memorandums and performing loan reviews.
Knowledge of portfolio monitoring tools, loan servicing systems, and vendor oversight.
Strong analytical and quantitative skills with attention to detail.
Excellent organizational, communication, and project management skills.
Apply today and embark on a rewarding career and start empowering your possible! Suffolk Credit Union provides equal employment opportunities to all applicants and prohibits discrimination of any type on the basis of actual or perceived race, color, creed, religion, national origin, ancestry, citizenship status, age, sex or gender (including pregnancy, childbirth and pregnancy‑related conditions), gender identity or expression (including transgender status), sexual orientation, marital status, military service and veteran status, physical or mental disability, genetic information or any other characteristic protected by applicable federal, state or local laws.
Compensation for employees is generally offered within the range of the minimum to midpoint of the posted salary scale, based on qualifications, internal pay equity, and the budget for the position. This compensation range adheres to state‑specific regulations. The determination of your actual pay rate may take into consideration factors such as your skills, years of experience, and other pertinent qualifications.
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