Commercial Portfolio Manager

Company: Busey
Location: Peoria
Posted on: August 4, 2022

Job Description:

Duties & Responsibilities:

• Ensure the portfolio administration and risk management of each client relationship is in compliance with established bank credit policy, procedure, and business strategy as well as commercial and regulatory guidelines.
• Responsible for credit risk and quality of the portfolio.
• Monitor clients' compliance with all terms/requirements set forth in Loan Agreement including but not limited to: repayment terms, loan covenants and financial reporting. Responsible for oversight of clients' financial condition, ongoing operating performance and repayment ability of all other accounts. Takes necessary and appropriate action to ensure repayment of past due loans or overdrawn accounts.
• Work with Relationship Managers and/or Market Presidents on due diligence and assessment of new loan opportunities.
• Analyze customers' financial data & structure and perform ongoing credit management
• Coached in the responsibility of early detection of problem loans and generation of reports for management of weak and criticized loans.Qualifications:Knowledge of:
  • Strong understanding of credit structuring and monitoring skills, bank policy, compliance, the industry and market information
  • Strong sales and customer service skills
  • Strong oral and written communication skillsAbility to:
    • Analyze and interpret numerical data
    • Analyze and solve problems of a complex nature and make decisions based on a wide knowledge of many factors where application of advanced technical concepts is required for which there are not precedents
    • Make independent and difficult decisions within parameters of the Bank's loan policies
    • Originate new procedures and approaches to problems
    • Perform duties with frequent interruptions and time pressures in highly interruptive conditionsEducation
      • Requires Bachelor's degree in Finance or Accounting.
      • Requires 5 or more years of professional work experience.
      • Pursuant of CFA Charter or like designation.
      • Requires knowledge of Microsoft Office. Busey believes that diversity and inclusion among our teammates is critical to our success as a company, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool. Equal Opportunity Employment is a priority for Busey and all qualified applicants will receive consideration regardless of race, color, religion, national origin, genetic information, sex (including pregnancy), age, sexual orientation, gender (including gender identity and expression), marital status, military status, veterans status, citizenship status, work authorization status, disability, order of protection or any other characteristic protected by applicable law or other non-merit based factors.

Keywords: Busey, Peoria , Commercial Portfolio Manager, Executive , Peoria, Illinois