Job Information
GLACIER BANCORP, INC Portfolio Manager II in AMERICAN FORK, Utah
About The Role
Altabank, Division of Glacier Bank, is hiring a Portfolio Manager II for our American Fork branch.
ROLE:
Responsible for providing competent credit analysis and portfolio management for commercial lending activities. Oversee credit workflows and processes necessary for the team to achieve optimal levels of production while maintaining excellent credit quality in the portfolio. PM's work directly with clients on requests and portfolio management duties.
RESPONSIBILITIES:
Oversee a complex loan portfolio between $60mm and $92mm in loans outstanding
Maintain optimal portfolio quality by monitoring and ensuring:
Borrowing Base Certificates are timely, accurate and filed
Lines secured with A/R and inventory assets are not overdrawn
Financial reporting requirements are timely, accurate and filed
Loan covenants are monitored in a manner that is timely and accurate
Portfolio delinquency is minimized
Maturing loans are tracked and properly addressed prior to maturity
Annual reviews and ADC reviews are completed in a manner that is timely and accurate
Graded credits have accurate and updated Problem Loan Reports
Perform commercial loan underwriting tasks such as; analyze business and personal tax returns and financial statements, identify trends and concerns and work closely with assigned commercial team and customers to understand and mitigate credit issues
Assess credit worthiness of individuals, companies, and institutions
Undertakes risk analysis using regional and industry-specific data and gauges market trends
Provide informed professional opinions to bank officers regarding applicants financial/credit status, suggest loan structures, and support the lending process
Clearly and professionally communicates with lending teams and customers and responds to communication within one business day
Adherence and deep knowledge of loan policy to be used while underwriting and discussing potential loan requests
Complete preflight memos to be presented to Senior Credit Risk Officers for new loan requests greater than $5mm
Complete credit memos to be presented for approval for both new and renewing loans within 15 days of receiving a complete application
Completes quality assurance reviews
Determine value of collateral; review independent appraisal reports and other collateral documents that secure the bank's lien position
Lead projects that will consist primarily of credit administration issues and may relate to possible changes in policies and procedure, possible changes as a result of examiner or auditor recommendations, peer group analysis, market studies, changes in compliance and regulations, software upgrades, monitoring of industry or borrower concentrations, risk assessments, and feasibility studies for efficiency gains such as out-sourcing, in-sourcing, centralization of duties/staff, etc.
Must comply with applicable laws and regulations, including but not limited to, the Bank Secrecy Act, the Patriot Act, and the Office of Foreign Assets Control, in addition to all company policies.
Complete required bank training courses within assigned time frame(s). It is the individual learner responsibility to ensure that they understand the information given to them in each training. If the learner does not understand the information given they need to reach out to their supervisor for further clarification or... For full info follow application link.
Glacier Bancorp is an Equal Opportunity Employer and qualified applicants or employees will receive consideration for employment without regard to race, color, religion, national origin, sex (including pregnancy), sexual orientation, gender identity, mental or physical disability, age, genetic information, protec ted veteran status, or any other category protected by applicable federal, state or local laws.