Description
First Merchants Bank is seeking a Commercial Portfolio Manager II to join our team! This position will effectively manage a portfolio of commercial loans by leading and executing portfolio management strategies to balance new business growth while minimizing risk of loss.
As part of this role you will:
Maintain and provide exceptional customer service to a substantial portfolio of commercial clients. Be responsive, knowledgeable and exceed customer expectations.
Lead a portfolio team by enforcing consistent processes and procedures to manage the portfolio and execute due diligence for new borrowers.
Collaborate with relationship managers and portfolio team members in the diligence of new opportunities and identifying solutions for borrowers' activity.
Create a partnership between relationship managers and portfolio team members to be responsive to client needs as well as communicate bank solutions for borrower issues.
Oversee application of processes and procedures for due diligence for new Commercial Lending borrowers.
In collaboration with relationship manager, provide oversight for due diligence including general business review, analysis of pertinent financial data and collateral profile, as applicable.
As applicable, attend management presentations and/or provide guidance to team members with regards to interviewing prospective clients and obtaining information concerning their business needs, abilities, and earnings, and assess credit risk.
Take ownership of a subset of portfolio loans, enforcing reporting quality and maintenance. Guide individuals monitoring current loans and customer's credit profile to ensure complete conformity with terms.
Ensure current credit and financial information is obtained as needed and/or that collateral is adequate.
Provide direction for review of financials with customers and provide expert advice as necessary.
Direct accountability for loss avoidance; determine necessary action to be taken on responsible loans, includes establishing strategy for resolving issues pertaining to substandard and special mention loans.
Remain cognizant of developing trends.
Support employee development and training, counsel, motivate, coach, mentor and provide leadership.
Facilitate development of reporting tools to identify portfolio trends, new business credit metrics and prepare various scheduled management reports.
Lead projects and develop new or refine existing efficiencies and processes as required.
Remain current with all applicable regulations and policies.
In order to be successful in this position, we require the following:
Bachelor's degree in business or related field of study.
A minimum of three (3) years of commercial banking or related experience.
The following would be a plus:
Credit analyst experience.
Process oriented experience.
First Merchants offers the following:
Base Pay PLUS Bonuses
Medical, Dental and Vision Insurance
401k
Health Savings and Flexible Spending Accounts
Vacation/Sick Time
Paid Holidays
Paid Parental Leave
Tuition Reimbursement
Additional Benefits
A little about us:
First Merchants is guided by a genuine philosophy of being a meaningful place to work and having a prosperous impact across all walks of life throughout the communities we serve, including consumers, businesses and other organizations. Our Vision, Mission and Team statement reflect and reinforce that authentic service philosophy.
Our Vision is:
To enhance the financial wellness of the diverse communities we serve.
Our Mission is:
To be the most responsive, knowledgeable, and high-performing financial organization for our clients, teammates, and shareholders.
Our Team:
"We are a collection of dynamic colleagues with diverse experiences and perspectives who share a passion for positively impacting lives. We are genuinely committed to attracting and engaging teammates of diverse backgrounds. We believe in the power of inclusion and belonging."
Apply today to begin your career with us!
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
This employer is required to notify all applicants of their rights pursuant to federal employment laws.
For further information, please review the Know Your Rights notice from the Department of Labor.
First Merchants Bank is an Equal Opportunity Employer and E-Verify participant (M/F/D/V).
