Under the direction and review of the Commercial Credit Officer, the PM is responsible for evaluating and making independent credit decisions and recommendations including but not limited to evaluating obligor risk ratings on both new and existing relationships and ensuring quality and soundness for credit transactions. The Portfolio Manager manages the approval and commitment process (e.g. Senior Loan Approval Committee) ensuring compliance with Credit Policy and accuracy of documents and supporting exhibits.

• • Commands a thorough and complete knowledge of the Bank’s Loan Underwriting and Administration Guidelines (LUAG) and Credit Policy;
• • Maintains timely renewals of loan maturities for assigned lending team.

• • Continuously monitors current loans and credit lines to ensure compliance with terms and proactively manages risk/exposure and compliance with Credit Policy for assigned portfolio.

• • Manages Covenant Compliance by monitoring, testing, and preparing waivers and Reservation of Rights letters when required;

• • Facilitates borrower financial reporting submissions to Bank. Responsible for evaluating financial performance of borrower and based on a variety of factors determining an appropriate risk rating.
    
  • Identifying early client risk/exposure, early detection of volatile industries and markets for assigned portfolio within designated region.
    
  • Ensure the timely completion of credit file updates.

• • Collaborates in coordinating pre-closing activities.

• • Independently evaluates structures, risk rates and underwrites companies with risk exposure or potential risk exposure to the bank. Ensures appropriate compliance with all bank requirements and identifies exceptions to Credit Policy;

• • Negotiates terms and conditions of credit with Loan Officers. Proactively manages credit risk and exposure for an assigned portfolio; initiates credit modifications and risk rating upgrading/downgrading, modifying terms and frequency of covenants, financial reporting, collateral security, audit schedule, etc.

• • At the direction of and with assistance of Lending Management interacts via phone/email and may visit in person with existing customers and potential customers on credit or risk related matters.

• • May identify cross sell opportunities

Core Competencies: Portfolio Managers possess the ability to make independent lending recommendations which are based on their analysis and assessment of the business’ and guarantor’s capacity to repay, quality of collateral, character, management ability, capital adequacy, and other conditions that may apply. PM must have the ability to interview loan applicants as needed to develop information concerning their business, financing needs, management abilities, and earnings to determine whether a loan made to a company would be an acceptable risk to the Bank. The Portfolio Manager must consistently demonstrate a high level of detail, accuracy, and have the ability to prioritize work. The PM will serve as a liaison between and assigned lending team and the Credit Administration/Operations Department.

Minimum Qualifications:

Formal Credit Training

Prior Commercial Credit Analysis/Portfolio Manager experience

Bachelors Degree in Business, Accounting, Finance, Economics or equivalent experience.

Our goal is to offer our colleagues the most generous benefits package possible. We strive to provide colleagues with a comprehensive benefits package and an environment that supports a healthy work-life balance. Benefits include: Competitive compensation with performance incentive awards, Health Insurance, Dental Insurance, a 401K and DC Plan for your retirement, LTD & Life Insurance, Day Care Reimbursement, Tuition Assistance for graduate and undergraduate programs, an award winning Wellness program and much more!

At Rockland Trust you'll find a respectful and inclusive environment where everyone is given the chance to succeed. We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law.

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.