Commercial Portfolio Manager
Company: CFG BANK
Location: Baltimore
Posted on: May 3, 2024
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Job Description:
TITLE Commercial Portfolio ManagerEOE STATEMENT CFG is an Equal
Opportunity Employer. We provide equal employment opportunities to
all employees and applicants for employment without regard to race,
color, religion, sex, national origin, age, disability, veteran
status, or any other legally protected characteristic. We are
committed to ensuring a diverse and inclusive workplace, and all
employment decisions are based on merit, qualifications, and
business needs. If you require accommodations during the
application process, please contact Human Resources. LOCATION CFG
Corporate Office DESCRIPTIONCOMPANY SUMMARY: CFG Bank, based in
Baltimore, Maryland, is a leading financial institution serving the
national healthcare and multifamily markets and the Mid-Atlantic
region. As the 6th largest bank in Baltimore by deposits and the
largest locally based, we've grown from $1 billion to over $5
billion in assets by 2023. With over 30 years of expertise, we rank
among the top five healthcare bridge-to-HUD lenders in the country.
At CFG Bank, we redefine banking by blending big bank capabilities
with personalized boutique service. Recognized as "Best Place to
Work" by the Baltimore Business Journal in 2022 and 2023, our
primary goal is making each team member feel choosing CFG Bank was
their best career decision. Join us for professional growth and a
positive work environment that sets CFG Bank apart. POSITION
SUMMARY:As a key member of our commercial banking team at CFG Bank,
you will play a pivotal role in supporting relationship managers by
facilitating the underwriting and monitoring of existing and
proposed credits, including critical tasks such as line renewals,
maturing loan assessments, and term loan reviews. Your
responsibilities will extend to managing the status of existing
loans, ensuring timely actions are taken on maturing or past due
loans, and providing valuable assistance during loan closings.
Additionally, you'll have the opportunity to contribute to special
projects under the guidance of department managers, fostering both
professional growth and operational excellence within our dynamic
banking environment. ESSENTIAL DUTIES AND RESPONSIBILITIES:Prepare
Loan Summary/Top Sheet, liaising with various stakeholders
including Relationship Managers, Department Manager, and Credit
Department for new loan requests and renewals, ensuring accuracy
and timeliness.Manage maturing loans, preparing extension requests
promptly and conducting credit analyses accurately to facilitate
timely decision-making.Coordinate annual term loan reviews,
collaborating closely with the Credit Department to ensure timely
and precise assessments.Participate in the loan approval process as
required, contributing insights and expertise to enhance decision
quality.Maintain updated loan files with relevant financial
information and memos, facilitating comprehensive and satisfactory
loan reviews.Prepare responses to internal audits and loan reviews,
ensuring compliance with regulatory standards and internal
policies.Assist in managing Criticized Asset Reports promptly and
accurately, supporting effective risk management practices.Ensure
proper risk rating of loans and complete necessary documentation
for risk rating adjustments.Coordinate covenant compliance matters,
securing approvals for waivers or issuing covenant default letters
as needed.Conduct thorough reviews of third-party reports such as
appraisals, environmental assessments, and property condition
reports.Support Loan Administrator in managing past due loans and
collection of tickler items.Accompany bank staff on sales calls
when appropriate, fostering client relationships and promoting
business development initiatives.Contribute to ongoing staff
training efforts, sharing expertise and insights to enhance team
capabilities and performance. QUALIFICATIONS AND
REQUIREMENTS:Bachelor's degree in Accounting, Finance, or Economics
preferred; advanced degree advantageous.Five or more years of
credit analysis and/or commercial lending experience in banking or
equivalent business-related experience.Proficiency in basic
software applications such as Microsoft Word and Excel.Strong oral
and written communication skills essential.Demonstrated customer
service skills.Proactive mindset with the ability to work
independently and collaboratively within a team environment. WORK
ENVIRONMENT: We offer a hybrid schedule, with 3 days inoffice and 2
days remote after the initial 90-day period. ABOUT THE ORGANIZATION
CFG BANK HAS ESTABLISHED POLICIES AND PROCEDURES TO FULFILL THE
REQUIREMENTS OF THE BANK SECRECY ACT (BSA), USA PATRIOT ACT
(CUSTOMER IDENTIFICATION PROGRAM) AND ECONOMIC SANCTIONS PROGRAM
(OFAC). IN ORDER TO ENABLE ITS EMPLOYEES TO ACHIEVE THE OBJECTIVES
AND RESPONSIBILITIES OUTLINED IN THESE POLICIES AND PROCEDURES AND
TO COMPLY WITH THE REQUIREMENTS OF THESE ACTS AND LAWS, THE BANK
HAS SET FORTH UP-TO-DATE CURRENCY TRANSACTION REPORTING AND
SUSPICIOUS TRANSACTION REPORTING PROCEDURES INTENDED TO ASSURE THE
PREPARATION AND FILING OF COMPLETE AND ACCURATE CURRENCY
TRANSACTION REPORTS (CTR) AND SUSPICIOUS ACTIVITY REPORTS (SAR) FOR
EACH AND EVERY REPORTABLE TRANSACTION AND HAS PROVIDED CURRENT OFAC
LISTS FOR NEW CUSTOMERS AND LOAN APPLICANT COMPARISONS.AS AN
EMPLOYEE OF CFG BANK YOU ARE REQUIRED TO BE:--- DEDICATED TO
ACHIEVING THE OBJECTIVE OF ASSISTING BANK MANAGEMENT IN THEIR
EFFORTS TO IDENTIFY REPORTABLE TRANSACTIONS; AND--- DEDICATED TO
ACHIEVING THE OBJECTIVES AND REPORTING REQUIREMENTS OUTLINED IN THE
BANK'S BSA, CUSTOMER IDENTIFICATION PROGRAM AND ECONOMIC SANCTION
PROGRAM POLICES.THE MANDATORY TRAINING TO COMPLY WITH THE
REQUIREMENTS OF THE BANK'S BSA, USA PATRIOT ACT AND ECONOMIC
SANCTIONS PROGRAM WILL BE PROVIDED WITHIN 90 DAYS OF ACCEPTING THIS
POSITION. PI5cc901b6719a-25660-34165964
Keywords: CFG BANK, Potomac , Commercial Portfolio Manager, Accounting, Auditing , Baltimore, Maryland
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