VP, Portfolio Manager, C&I

PAE, Portland, Oregon, United States of America

Job Description

Posted Wednesday, March 12, 2025 at 10:00 AM | Expired Tuesday, March 25, 2025 at 9:59 AM

Our ideal candidate: We are seeking candidates deeply committed to our mission: to transform the banking industry from within. We lead by example, collaborate with and invest in change-makers, and build sustainable prosperity in our communities.

Who we are: Beneficial State is one of only a handful of B-Corp banks in the nation and one of the highest-rated B-Corps on the planet. That means that we subscribe to a rigorous evaluation standard that measures our positive impact, not just our profitability. We demonstrate how a bank can combine social equity, environmental sustainability, and business stability to create a better financial system – a system that drives inclusive prosperity to benefit people and the planet. #BCorp #WeAreBCorps

Join our team: If you are ready to do challenging and transformative work that will build a brighter future for us all, and you are hungry to bring your passion and energy to the table, we welcome your application.

The VP, Portfolio Manager, C&I is responsible for the risk management of specific assigned lending relationships. Risk management of account(s) includes partnering with the Relationship Manager (RM) and client to ensure compliance of financial reporting, covenants, and accurate risk ratings in addition to renewals, modifications, and increases/new loans. Credit files are to be kept current while maintaining active communication with the borrower to obtain all necessary information. May be the primary account manager for loan clients without a designated RM. This position is a unionized position through the Communication Workers of America.

ESSENTIAL DUTIES

• Focuses daily activities on ensuring information and credit files of all assigned borrowers are current, performance testing is timely, and defaults/risk rating changes are accurate.
• Works independently and/or collaboratively to underwrite credit requests and prepare financial analysis and credit memoranda for a variety of needs of the client in accordance with the bank’s credit policies.
• Verifies required documentation and summary information when submitting loan requests to Credit Administration and the Credit Committee.
• Maintains a record of all planned and completed portfolio management activities using established bank client management and internal communication systems.
• Maintains follow-up with existing clients to ensure that the bank has timely and accurate financial information for purposes of loan monitoring and update of the bank’s credit files.
• Develops credit-related procedures and follows established procedures and processes within Beneficial State Bank to ensure the bank’s overall compliance.
• Maintains a clear understanding of loan administration and credit analysis.
• Develops and strengthens existing C&I relationships through frequently scheduled follow-up telephone calls and personal meetings.
• Works closely with Credit Administration to ensure all assigned loan requests are processed in a timely manner; keeps the loan applicant (client or prospect) duly informed throughout the loan application process.
• Attends and participates in staff meetings and reviews goals, objectives, results, obstacles, and provides solutions.
• Attends all required community and business-related events and training sessions.
• Shares best practices and successes to improve service, processes, procedures, and product offerings.
• Understands and abides by all banking regulations, regulatory compliance procedures, and the bank’s credit policy in all banking activities.
• Ensures compliance with all state and federal regulations and internal company policies, including but not limited to BSA/Anti-Money Laundering, Fair Lending, Privacy, and Anti-Discrimination, to the extent each applies to current job responsibilities.
• Completes all online compliance training as assigned within specified due dates.

MINIMUM REQUIREMENTS

• Bachelor’s degree in Finance or a related field from a four-year college and/or work experience combined.
• 8+ years credit analyst, underwriting, and portfolio management for C&I loans.
• 5+ years in a commercial lending group as an Underwriter and/or Portfolio Manager.
• Prior experience in credit analysis and/or preparation of credit memorandum for loan approvals.
• Computer literacy in Microsoft Office applications.
• Experience with financial statement spreading software.
• Demonstrated customer service and relationship management experience with high organizational skill, self-initiative, and timely responses to client opportunities and requests.
• Demonstrated experience maintaining and/or establishing a business banking loan portfolio and capturing business deposits preferred.
• Excellent interpersonal skills and the ability to effectively communicate verbally and in writing with colleagues, clients, prospects, and community members.
• Ability to work independently with limited supervision.
• Demonstrated self-motivation and positive energy to work productively, positively, and professionally with colleagues.

COMPENSATION
The posted pay range is the lowest to highest compensation we reasonably in good faith believe we would pay at posting for this role but may include ranges from the different geographies where this position may be based. New employees' starting pay is usually from the start of the range to approximately 25% of the max; more qualified and/or experienced employees may start near the middle of the range for their geography. We may ultimately pay more or less than this range.

Compensation for our organization is based on factors that include the role, required knowledge, skills, abilities and competencies, and candidates’ relevant education, qualifications, certifications, experience, skills, seniority, location, performance, union contract, and business needs. Our pay ranges are based on national living wage indexes, such as MIT's living wage index, to enable us to pay our employees beyond what are standard practices for many employers, and also take into account geographically-specific recent compensation market survey data for each position.

BENEFITS
Beneficial State Bank’s benefits include a comprehensive package designed to support you and your eligible dependents. We focus on the holistic health of our team members and promote work-life balance.

• Medical / Dental / Vision / Basic Life / STD / LTD
• Vacation Days: 2-4 weeks depending on role
• Sick Days: 12 days per year
• Holidays: 11 days per year
• Education and Adoption Assistance
• Bank-Wide Annual Discretionary Bonus Program
• Production-based incentive program available for some roles.
• Paid Volunteer Time: 4 days per year / annual match of qualifying employee donations
• Paid Sabbatical Program after 5 years of service

You are welcome here at Beneficial State Bank. We are an equal opportunity employer and all qualified applicants will receive consideration for employment regardless of race, color, religion, sex, sexual orientation, national origin, gender identity, disability, or veteran status.

PAE, Portland, Oregon, United States of America