Commercial Portfolio Manager – Commercial Real Estate (ID:42223)
One of our largest and best-known Credit Union clients is looking to add a Commercial Portfolio Manager to the Credit team. If you have a solid foundation in Commercial Real Estate credits, please read on below.
The Portfolio Manager assists commercial lenders with the ongoing administration of loan portfolios to ensure that the Credit Union maintains high credit quality. Assists with loan prospects to generate new business opportunities while providing quick and member-focused servicing to existing commercial members, promoting other products where beneficial.

Roles & Responsibilities:
  • Assist Analysts in preparing requests for credit extensions to new and existing commercial members.
  • Draft Loan Documentation and review with external legal counsel.
  • Complete loan closings utilizing proper procedures, loan documentation, review and titling.
  • Develop relationships with members in loan portfolios seeking new lending and deposit opportunities. 
  • Accompany the Commercial Lenders on prospect / member calls when appropriate.
  • Research and identify market trends and risks to assist commercial lenders in maintaining high quality loan portfolio.
  • Perform detailed financial analysis for Commercial Real Estate.
  • Respond timely and accurately to commercial member servicing requests, where appropriate.
  • Prepare quarterly problem loan reports where required.
  • Ensure the timely spreading of interim and annual financial statements provided by members.
  • Assist with annual covenant reviews, as needed
  • Manage/monitor portfolio in partnership with Commercial Lenders for required financial reporting & covenant compliance
  • Ensure compliance with the Credit Union’s credit policies and procedures, identifying exceptions for approval when they occur.
  • Maintain full knowledge of all available credit union products and services. 
  • Cross-sell and make referrals to other credit union departments including: personal deposits, consumer loans, home mortgages and investment services. 
  • Continuing education and networking throughout the year to gather knowledge of changing industry trends;
  • Participate in community activities and civic organizations to increase community involvement visibility.

Required Skills & Experience:
  • College degree in finance, accounting, or related field preferred or equivalent work experience as demonstrated by increased levels of accountability, knowledge required;
  • Minimum of 6-8 years of relevant experience in credit analysis, underwriting, or loan production required; commercial and commercial real estate preferred;
  • Strong analytical skills including the ability to read and assess individual and company financial statements, cash flow, industry, competition and projections.
  • Demonstrated knowledge of accounting theory and its practical application in the credit underwriting process.
  • Desire, ability and experience in working with people in a professional setting as demonstrated by a positive, enthusiastic attitude, exceptional interpersonal skills, professional business appearance and previous work experience
  • Bondable
  • Experienced and proficient in Microsoft Office products, including: Excel, Word and Powerpoint.
  • Excellent oral and written communication skills.

About Versique:

Versique is a high-performance recruiting firm based in Minneapolis, MN specializing in interim solutions, direct hire, and executive leadership search. We believe people are the ultimate business advantage. Our experienced functional recruiting teams work within a variety of areas of expertise (HR, Finance & Accounting, Demand Generation, IT, and Engineering) and broad industries (Healthcare, Banking, Consumer Packaged Goods, Manufacturing, Private Equity, and Family-Owned). Voted as a “Star Tribune Best Places to Work” three years in a row by our employees, Versique is one of the largest and fastest growing staffing and recruiting firms in the Midwest. The Versique brand represents a powerful combination of “versatile” and “unique” as it hints at the concept of “search” in its pronunciation: ver-seek.

Versique is an equal opportunity employer committed to creating a diverse workforce. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability, or veteran status, among other factors.


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Commercial Portfolio Manager – Commercial Real Estate (ID:42223)

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