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Commercial Portfolio Manager - To 100K - East Brunswick, NJ - Job 3459

Commercial Portfolio Manager – To $100K – East Brunswick, NJ – Job # 3459

Who We Are

The Symicor Group is a boutique talent acquisition firm based in Lincolnshire, IL & Rockport, TX. Our nationally unique value proposition centers around providing the very best available banking and accounting talent. In fact, most of our recruiters are former bankers or accountants themselves!

We know how to evaluate the very best banking and accounting talent available in the market. Whether you are a candidate seeking a new opportunity or a bank or company president trying to fill an essential position, The Symicor Group stands ready to deliver premium results for you.

The Position

Our bank client is seeking to fill a Commercial Portfolio Manager role in the East Brunswick, NJ area. This selected candidate will be responsible for independently managing a Commercial Loan portfolio. The candidate will manage, acquire, and deepen a portfolio of new and existing profitable lending relationships, with a greater emphasis on maintaining a larger lending portfolio of the Bank’s existing clients.

This position includes a generous salary of up to $100K and a full benefits package. (This is not a remote position.)

Commercial Portfolio Manager responsibilities include:

  • Managing a portfolio of commercial clients including monitoring loan covenants and structuring loan proposals.

  • Underwriting and originating of new credits from existing and/or new customers including renewals, modifications, and annual reviews. Making appropriate loan structure recommendations.

  • Proactively looks to expand client base by cultivating referral relationships, and target marketing clients/prospects in accordance with the Bank’s marketing standards.

  • Meeting and exceeding monthly performance scorecard goals that include but, are not limited to developing new profitable business relationships.

  • Enhancing the cross-sell ratio through the expansion and deepening of client penetration as well as job-related behaviors.

  • Highly involved in indirect and direct sales calls as well as representing the Bank in various industry-specific trade organizations that promote the Bank’s loan growth within the desired industries.

  • Preparing spreads, performing covenant checks, completing loan reviews, updating ticklers, and populating FDM (electronic document storage system) within a reasonable timeframe upon receipt of financial information and/or other requested documentation.

  • Spreading, analyzing, and reviewing financial conditions, income sources, and collateral coverage of borrowers including corporations, partnerships, sole proprietors, and individuals.

  • Collecting updated borrower financial information in accordance with periodic reporting requirements and completing scheduled loan reviews.

  • Preparing loan presentation write-ups for management and loan committee approvals.

  • Ensuring that loans and other assets are appropriate, and timely risk rated in accordance with the Bank’s loan policy.

Who Are You?

You’re someone who wants to influence your own 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.

You also bring the following skills and experience:

  • Bachelor’s degree is preferred, or equivalent business experience is preferred.

  • Four or more years of banking experience with an emphasis on relationship management and commercial lending.

  • Strong background in prospecting for new clients and a demonstrated track record in business development.

  • Strong organizational, 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 spreads, cash flows, and credit analysis.

  • Ability to define problems, proactively identify and articulate risks, collect data, establish facts, and draw valid conclusions.

The next step is yours. Email us your current resume along with the position you are considering to:

resumes@symicorgroup.com

Average salary estimate

$90000 / YEARLY (est.)
min
max
$80000K
$100000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Commercial Portfolio Manager - To 100K - East Brunswick, NJ - Job 3459, The Symicor Group

Are you ready to take your career to the next level as a Commercial Portfolio Manager with The Symicor Group? This exciting position, offering a salary of up to $100K, is based in East Brunswick, NJ, and presents a unique opportunity to showcase your talent in commercial lending. At The Symicor Group, a boutique talent acquisition firm, we pride ourselves on sourcing the best banking and accounting professionals. We’re on the lookout for someone with a robust background in managing commercial loan portfolios to partner with our bank client. In this role, you’ll independently manage a portfolio of commercial clients by acquiring and deepening relationships, focusing on both new and existing lending opportunities. Your responsibilities will encompass everything from monitoring loan covenants and structuring proposals to underwriting and originating new credits. We need a go-getter who is proactive in expanding the client base and meeting performance goals. You will also be highly involved in sales calls and representations at industry-specific trade organizations. With a strong foundation in financial analysis and excellent communication skills, you will thrive in this role while enjoying comprehensive benefits in addition to your competitive salary. If you’re someone eager to develop your career further and influence your own success story in the banking sector, we want to hear from you!

Frequently Asked Questions (FAQs) for Commercial Portfolio Manager - To 100K - East Brunswick, NJ - Job 3459 Role at The Symicor Group
What are the responsibilities of a Commercial Portfolio Manager at The Symicor Group?

As a Commercial Portfolio Manager at The Symicor Group, your primary responsibilities include managing a commercial loan portfolio, underwriting new credits, and monitoring existing loans. You will also build and deepen profitable lending relationships, assist in loan structuring, and proactively seek to expand the client base while meeting performance goals.

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What qualifications are needed for the Commercial Portfolio Manager position at The Symicor Group?

For the Commercial Portfolio Manager role at The Symicor Group, a Bachelor's degree is preferred along with four or more years of relevant banking experience, particularly in relationship management and commercial lending. Strong organizational skills, a knack for financial analysis, and excellent communication skills are essential to succeed in this role.

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What is the salary range for a Commercial Portfolio Manager at The Symicor Group?

The salary for a Commercial Portfolio Manager at The Symicor Group is competitive, offering up to $100K, which is accompanied by a full benefits package. This compensation reflects the importance of the role and the skills required for effective management of commercial portfolios.

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Is the Commercial Portfolio Manager position at The Symicor Group remote?

The Commercial Portfolio Manager position at The Symicor Group is not remote. The role is based in East Brunswick, NJ, and includes a requirement for direct engagement with clients and the local banking community.

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How can I apply for the Commercial Portfolio Manager role at The Symicor Group?

To apply for the Commercial Portfolio Manager role at The Symicor Group, email your current resume along with the position you are interested in to resumes@symicorgroup.com. Be sure to highlight your relevant experience and enthusiasm for joining the team!

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Common Interview Questions for Commercial Portfolio Manager - To 100K - East Brunswick, NJ - Job 3459
Can you explain your experience with managing commercial loan portfolios?

When asked about your experience managing commercial loan portfolios, provide specific examples of the portfolios you've managed, the types of clients you've worked with, and the strategies you've used to deepen client relationships and ensure compliance with loan covenants.

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What strategies do you use to acquire new business in commercial lending?

In response to queries about strategies for acquiring new business, discuss your approach to relationship building, target marketing, and networking within industry-specific organizations. Highlight successful campaigns or initiatives and their outcomes.

Join Rise to see the full answer
How do you monitor and assess loan covenants?

To answer this question, explain your systematic approach for tracking loan covenants, including how you use financial analysis to monitor compliance and the processes you have in place for conducting annual reviews.

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What financial analysis tools are you familiar with?

When discussing financial analysis tools, mention specific software or methodologies you have used, emphasizing any systems that are relevant to commercial lending, such as Excel, FDM, or other financial modeling tools.

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How do you handle difficult conversations with clients regarding their loans?

When confronted with this question, describe your communication style and approach, focusing on ensuring transparency, empathy, and problem-solving skills. Share examples where you've successfully navigated tough discussions.

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Can you provide an example of how you've expanded a client relationship?

Be prepared to share specific examples of how you've deepened a client relationship, including the tactics you employed, the challenges faced, and the overall impact on the client portfolio.

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What is your approach to crafting loan proposals?

In your answer, elaborate on your process of creating loan proposals, highlighting your attention to detail, understanding of client needs, and how you ensure your proposals align with bank policies and risk assessments.

Join Rise to see the full answer
Explain your experience with business development in banking.

Share insights into your business development experience by outlining past roles and initiatives that drove successful results, focusing on relationships built, engagements participated in, and specific metrics or goals achieved.

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How do you prioritize your tasks while managing a commercial portfolio?

Discuss your time management techniques, such as utilizing tools like calendars and task lists, prioritizing urgent matters, and ensuring all commitments to clients are met promptly, showing how you maintain an organized workflow.

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What is your understanding of risk management in commercial lending?

Provide a comprehensive understanding of risk management principles in commercial lending, discussing your ability to identify, assess, and mitigate risks through financial analysis and relationship management strategies.

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Bankers Recruiting Bankers - The Symicor Group is a boutique bank-only talent acquisition firm based in Chicago. Our nationally unique value proposition centers around providing the very best available banking talent to our valued clients... from ...

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DATE POSTED
January 1, 2025

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