Comm Portfolio Manager
Apply NowCompany: FirstBank
Location: El Segundo, CA 90245
Description:
Position Details
The Portfolio Manager is responsible for efficient and effective credit and risk assessment under established First Bank guidelines. Candidate will interact with clients to collect financial and property information that he/she will use towards financial analysis, credit recommendations, and ongoing portfolio maintenance.
Responsibilities:
What Do You Need for this Position?
Additional Details
The range for this role takes into account many factors that First Bank considers when making hiring decisions, including but not limited to, prior experience, skill set, training, and other internal business and organizational factors. First Bank generally does not hire at or near the top of the range below. The range is driven by the geographic location of our estimated hiring location; however, the specific range may vary depending on the geographic location for remote positions. Compensation decisions depend on the specific facts and circumstances of each hiring instance. A reasonable estimate of the current range is: $77,000 to $95,000
The Portfolio Manager is responsible for efficient and effective credit and risk assessment under established First Bank guidelines. Candidate will interact with clients to collect financial and property information that he/she will use towards financial analysis, credit recommendations, and ongoing portfolio maintenance.
Responsibilities:
- Modifications to existing credit transactions
- Continuous monitoring and review of existing portfolio to ensure compliance with covenants
- Ensures loan documents are in accordance with approval documents
- Ensures tracking mechanisms are kept up-to-date and in accordance with policy and procedures to maintain a high asset quality
- Client follow-ups on new opportunities or missing items on existing loan deals
What Do You Need for this Position?
- Bachelor's degree in a business related field
- Three years of commercial credit experience, required, focused on Commercial Real Estate, preferred
- Two years of portfolio management experience
- Strong financial analysis skills, ability to analyze, decipher, and make observations/recommendations based on a variety of information received
- Good analytical skills
- Proficiency in Microsoft 365 Suite and FIS CRM
Additional Details
The range for this role takes into account many factors that First Bank considers when making hiring decisions, including but not limited to, prior experience, skill set, training, and other internal business and organizational factors. First Bank generally does not hire at or near the top of the range below. The range is driven by the geographic location of our estimated hiring location; however, the specific range may vary depending on the geographic location for remote positions. Compensation decisions depend on the specific facts and circumstances of each hiring instance. A reasonable estimate of the current range is: $77,000 to $95,000
