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Portfolio Manager - Business Lending

Company: Merchants Bank of Indiana
Location: Carmel
Posted on: November 16, 2023

Job Description:

As the Portfolio Manager you will analyze financial statements and monitor the loan portfolio to identify potential red flags before they become troubled assets. Receive cross-training as a backup to the New Money Underwriting and Servicing Operations teams. If you are ready to advance your career at the nation's top SBA Lending Division, then apply TODAY! In one year as a Portfolio Manager, you will know you were successful if you---

  • Fully service, maintain, and troubleshoot a portfolio of Business Banking, Commercial, and SBA Loans
  • Facilitate client discussions regarding current financial trends within their businesses.
  • Ensure completion all loan renewals and modifications in a timely manner; track the maturing loans report to ensure loans are renewed or extended before maturity date.
  • Provide reporting to senior managers on the portfolio performance.
  • Work as a team player and be considerate of customers, co-workers, and vendors.
  • Interact with clients and Account Officers regarding renewals, payments, and collection of financial statements.
  • Facilitate submission of purchase packages for SBA guaranteed loans in accordance with SBA requirements
  • Facilitate submission of files and other documents requested for audits and reviews.
  • In collaboration with the Chief and Senior Credit Officers, implement relationship strategies on troubled credits to achieve maximum asset recovery.
  • Other duties as determined to ensure the portfolio is being tracked and monitored in an efficient and timely manner.We are looking for...
    • Prior portfolio management experience for Business Banking or Commercial lending
    • Knowledge of SBA and various governmental agencies reporting requirements and regulations preferred.
    • Proficiency using MS Excel, Word, and Outlook required.
    • Strong attention to detail a must along with organizational skills required.
    • Able to work under pressure and meet deadlines.
    • Requires problem solving skills as well as the initiative to troubleshoot and find resolutions.
    • Strong verbal and written communication skills needed.Ranked as the top-performing U.S. public bank by S&P Global Market Intelligence, Merchants Bancorp is a diversified bank holding company headquartered in Carmel, Indiana, operating multiple lines of business, including multifamily housing and healthcare facility financing and servicing, mortgage warehouse financing, retail and correspondent residential mortgage banking, agricultural lending, and traditional community banking. Merchants Bancorp conducts its business through its direct and indirect subsidiaries, Merchants Bank of Indiana, Merchants Capital Corp., Farmers-Merchants Bank of Illinois, and Merchants Mortgage, a division of Merchants Bank of Indiana. PM20 #BKPIdeb0d457f97d-31181-33026422

Keywords: Merchants Bank of Indiana, Carmel , Portfolio Manager - Business Lending, Executive , Carmel, Indiana

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