Portfolio Manager Commercial Real Estate Division
Camden National Bank.com
Office
Portland, ME, United States
Full Time
Live here. Play here. Bank here. Work here.
If you’re looking to build your career at a forward-thinking organization with deep community roots and a vision for growth, success, and giving back, you’ve come to the right place.
Get to know us:
We’re your local community bank—and have been since 1875—that is committed to providing excellent customer service and giving back to our communities.
We foster a collaborative, inclusive work environment as part of a close-knit team where your voice is valued and heard.
Our highly engaged employees are rewarded for their performance and have ample opportunities for cross-training and advancement within the organization.
We’ve been named one of the best places to work in Maine, and offer robust benefits focused on your holistic well-being.
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Position Summary:
The Portfolio Manager Commercial Real Estate Division provides service and support to commercial loan customers and commercial banking officers and assists in the development and management of loan account relationships which comply with established loan policies. This role is responsible for examination, evaluation, and authorization of customer loan requests.
Essential Duties and Responsibilities:
Interview loan applicants, collect and analyze information which reflect credit worthiness of customer and merits of new loan requests and existing loans
Serve as the first point of contact in communication and resolving issues for existing customers
Assist commercial banking officers to prepare for loan closings, such as completing the commercial loan input form, coordinating the closing, attending the loan closing, post-closing memos, follow-up items with attorney if necessary, etc.
Establish and negotiate loan terms under the supervision of a commercial banking officer
Monitor reports and follow existing loans to ensure conformity with terms, monitor portfolio to identify developing trends. Oversee loan payments and take necessary measures to collect past due accounts
Ensure appropriate risk ratings, maintain current file memoranda, financial statements, and condition of electronic credit files
Review and analyze financial statements and collateral evaluations, detailed DSCR review
Review construction requisitions and Conduct Site Inspections
Assist with analyzing financial and covenant tracking reports and testing of complex covenants
Review loan documents
Basic Qualifications:
Bachelors’ / 4-year college degree or equivalent to 3-5 yrs. in Commercial Banking and/or pertinent commercial real estate experience, including credit analysis and/or commercial credit underwriting
Extensive Knowledge/Experience in Commercial Real Estate and/or Commercial Real Estate financing
Extensive knowledge of loan policy
Experience with Complex Loan structures, Large Dollar loans and portfolios and high net worth borrowers
Skills and Abilities:
Ability to solve complex financial data sets and review complex financial portfolio data
Ability to manage Commercial Portfolios of $200 million or more
Ability to calculate figures and amounts such as discounts, interest, commissions, proportions and percentages
Ability to apply common sense understanding to carry out instructions furnished in written, oral, or diagram form
Ability to read and interpret documents such as safety rules, operating and maintenance instructions, and procedure manuals
Ability to write routine reports and correspondence
Ability to speak effectively before groups of customers or employees of organization
Excellent communication skills and strong analytical skills
Supervisory Skills:
Dotted line or indirect responsibilities for a segment/function of the organization
No direct reports but may assist in directing the work for the commercial lenders
The statements contained herein reflect general details as necessary to describe the principle functions for this job, the level of knowledge and skill typically required, and the scope of responsibility, but should not be considered an all-inclusive listing of work requirements. Individuals may perform other duties as assigned, including work in other functional areas to cover absences or to equalize peak work periods to balance workloads.
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Our comprehensive total rewards package offers something for everyone!
- Robust medical, dental, and vision insurance packages
- Generous time off, including paid federal holidays and paid day off for your birthday
- 401(k) retirement savings plan
- Tuition reimbursement, professional development, and career growth opportunities
- Employee assistance program
- Comprehensive wellness program
Pursue a career at Camden National Bank and apply today. We can't wait to hear from you!
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We are guided and inspired by our Core Values:
- Honest and Integrity above all else
- Trust built on fairness
- Service that creates remarkable experiences
- Responsibility to use our resources for the greater good
- Excellence through hard work and lifelong learning
- Diversity realized through inclusion and respect
Equal Opportunity Employer
Employment with Camden National is on an at-will basis, meaning employment is not guaranteed for any specific period of time, and any employment relationship established may be terminated by either party at any time, for any reason, with or without notice. Completion of an employment application is not a contract, express or implied, guaranteeing employment. Camden National Bank is an Equal Opportunity Employer and does not discriminate on the grounds of race, color, religion, sex, sexual orientation, including gender identity and gender expression, national origin, citizenship status, age, disability, genetic information or veteran status.