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Berkshire Bank
99 North St


Company Description:

If you would like to be a part of an organization which strives to provide an environment within which employees want to work and customers want to bank, contact us and join a team that shares your vision.

Job Title:
Business Banking Portfolio Manager II
Salary Range:Location:
Job Type:Category:
Full TimeBanking
Education Level:Work Experience:
Bachelor's Degree
Division: Commercial
Department: Business Banking
Reports to: Business Banking Team Lead (may vary by location)
Status: Exempt
Grade: 9
Location: 19 Harrison Ave, Springfield, MA

Provides relationship management support to Business Banking in monitoring and servicing an existing portfolio of loans. Continuously evaluates operational and financial performance to maintain portfolio quality and risk rating accuracy.  Interacts with customers as well as bank employees to address credit and deposit service related matters in a satisfactory manner.  This position will require independent judgement and may be required to help train and mentor new staff accordingly.  This position will be given special projects, tasks, or requests above and beyond regular Portfolio Manager duties.

Key Accountabilities:
Processes line renewals and maturing loans, modifications, extensions, releases, and assignments. Also responsible for annual review of relationships according to bank policies and procedures.
Collects required client and project financial and other information including, as appropriate, borrowing base, covenant tracking, preparation of timely appraisal requests, completes environmental transaction assessments and monitoring any other items as necessary. Performs construction loan administration and reviews, monitors borrowing base information including accounts receivable and inventory, and monitors all collateral performance as appropriate to continuously assess customer and loan status.
Responsible for current period and trend analysis. Analyzes and reviews customer data for signs of emerging credit risk issues. Determines credit worthiness through analysis of borrowers risk profile.  And provides timely warning to Business Banking and Risk Management leadership, as appropriate. Works with management to determine the profitably of the business clients. 
Management and oversight of customer relationships to retain and grow portfolios within prescribed portfolio limits. This includes involvement in customer meetings, customer account maintenance, and helping to identify and sales opportunities within the portfolio.
Helps train and mentor new staff.
Tracks covenant compliance and ensures compliance information is complete and on file. Reviews credit files to ensure compliance with the policy. Maintains and updates any customer contact or automated loan processing systems as necessary to support the portfolio and ensures accurate and up-to-date systems.
Assumes additional responsibilities and special projects as requested.
Ensures compliance with all banking laws, rules, regulations, and prescribed policies/practices/procedures necessary to reduce risk and uphold ethical standards related to and required by one’s duties.

Bachelor’s Degree in accounting, finance, economics or business administration
Continuing  education in bank-  related courses

5+ years practical, related work experience
5+ years’ experience in credit analysis or risk underwriting in the banking industry
Training/mentoring  experience

Skills & Knowledge:
Ability to prioritize and work under pressure
Demonstrated ability to execute
Proficient in Microsoft Office including Word, Excel, PowerPoint, Outlook, etc.
Computer skills including web-based searches
Strong written/verbal communication skills
Solid interpersonal skills
Berkshire Bank is an Equal Opportunity Employer - all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity or national origin.

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Boxcar Media, LLC  • North Adams, MA 01247 •  Tel: 413-663-3384 • Fax: 413-664-4251 • Email: info@berkshirejobs.com