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Senior Portfolio Manager

Company: Piermont Bank
Location: Brooklyn
Posted on: May 16, 2022

Job Description:

About Us: Piermont Bank is a tech-enabled digital commercial bank founded in 2019 with a mission of changing the face and pace of banking. It provides an unprecedented experience that blends the best of banking and agile Fintechs. At Piermont, we are purpose-driven, focused on creating and delivering banking products relevant to todays digital economy. We are the go-to Bank for the fintech ecosystem. For more information, visit www.piermontbank.com. As of September 2021, we require all employees to be vaccinated against COVID-19 and proof of such will be required prior to employment commencing. About the role (Senior Portfolio Manager/Portfolio Manager) Under the direction of the Chief Credit Officer, the incumbent will be responsible for: Manages a loan portfolio of existing relationships for the Bank, and routinely monitors the loan portfolio to identify potential weaknesses that could adversely impact the overall asset quality. Underwrites new loans and/or renewals, increases to existing loans as needed. Performs annual reviews of existing loan relationships. Interact with clients to update status of the borrowers business plans and strategies and to build and enhance the overall client relationship. Provides support to the manager of the department, e.g. continuous credit improvement initiatives, and takes the lead on projects that support loan growth and efficiency objectives within lines of business. Assists in the preparation of Credit Administration reports. About You: Knowledge, Experience & Qualifications should include: Minimum of a bachelors degree in finance, accounting, credit-related field and at least 10 years of increasingly diverse or complex applications in finance. Experience in a commercial environment is strongly preferred. Demonstrated experience in asset allocation and loan portfolio management. Deep understanding of regulatory reporting. Ability to form effective relationships and achieve influence at the most senior level in the organization. Established credit, industrial and risk acumen. Understand and interpret complex business and regulatory requirements. Working across all levels of the organization to understand cross-functional linkages and interdependencies, as well as the implications of risk and regulations at the business level. Demonstrated ability to assess credit and industrial trends, both internally and externally. Strong communications skills, including the capacity to articulate the case for sound credit practices in the language of business. Competent skill set with use of Microsoft Word. Extensive Excel skills. Knowledge of the Fiserv platform. Use of the Salesforce/nCino platform. Piermont Bank is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate based upon race, religion, color, national origin, political affiliation, gender (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, age, status as a protected veteran, status as an individual with a disability or other applicable legally protected characteristics. NO AGENCIES.

Keywords: Piermont Bank, New York , Senior Portfolio Manager, Executive , Brooklyn, New York

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