Job Information
FIRST FEDERAL Commercial Portfolio Manager in PORT ANGELES, Washington
Who We Are
First Fed is a local community bank on an exciting growth trajectory with 17 locations including 12 full-service branches in Western Washington. First Fed was recognized by the Puget Sound Business Journal as a Best Workplace and a Top Corporate Philanthropist. By popular vote, First Fed received awards for Best Bank in The Best of the Northwest, Best Banker in Readers' Choice by Cascadia Daily News, and Peninsula Daily News named us Best Bank on the Olympic Peninsula. We also received a Best-In-State bank award from Forbes.
For over 100 years First Fed has served our customers and communities throughout the PNW. We've donated over $9 million to non-profit organizations in the past 8 years through our foundations, sponsorships, direct donations, and matched employee donations. Our amazing team has volunteered over 25,000 hours in the past 5 years -- many by using our benefit of 3 paid volunteer days per year!
We welcome applicants from all backgrounds -- our diversity makes us stronger. Join our award-winning team!
Our Values
Optimism: We are positive and decisive. We believe the future will be better than the past. Our attitude demonstrates persistence which leads to success.
Initiative: We are self-starters and find innovative solutions. We are courageous, entrepreneurial, and passionate. We take action for good.
Respect: We include individuals from diverse backgrounds and with different perspectives. We are committed to honoring and serving others.
Growth: We learn and adapt so we can continually improve. We believe in personal growth through grit and determination.
Ownership: We are invested in our endeavors. We are accountable and take responsibility for our actions and decisions.
Position Purpose
The Commercial Portfolio Manager is responsible for analyzing and managing a portfolio of commercial credit relationships. This role combines direct client interaction, independent financial analysis, credit structuring, and ongoing risk monitoring. The position supports growth of high-quality commercial loans while ensuring adherence to credit policy, regulatory expectations, and sound risk management practices.
Essential Functions
Loan Origination & Business Development
Retain and expand on the existing loan portfolio, primarily through managing existing client relationships, with limited production expectations.
Conduct initial screenings, assess borrower needs, and determine credit feasibility.
Structure loan terms that balance client objectives with the bank's risk appetite.
Prepare and deliver proposals, term sheets, and presentations for customers' new requests, renewals, and modifications.
Collaborate with internal partners (treasury, deposits, cash management) to deepen relationships and cross-sell services.