Portfolio Specialist

Job Type

Full-time

Description

TITLE : Portfolio Specialist

DEPARTMENT : Credit Administration

JOB SUMMARY :

The Portfolio Specialist is responsible for oversight of a commercial loan portfolio including client service, underwriting and closing activities and internal service and monitoring. This position will contribute to client relationships by providing consistent quality of service.

ESSENTIAL FUNCTIONS :

• Assist Commercial Bankers with timely and accurate completion of commercial credit presentations, including analysis of appropriate data per credit policy, bank procedures, and regulatory requirements.
• Assist and support the Commercial Banking team from the inception of a loan request including, but not limited to, gathering financial information, preparing financial statement spreads, cash flow and other pertinent analysis and ordering appraisals / evaluation reports.
• Monitor compliance with loan agreements by working with Commercial Bankers and clients to ensure timely receipt and review of financials, covenant compliance, and other loan agreement conditions.
• Ability to perform accurate credit analysis to identify relevant issues and key credit risks.
• Prepare annual term loan reviews as requested by the Commercial Banker staff.
• Independently manage workflow of credit underwriting and portfolio management to meet required deadlines and produce quality results.
• Oversee pre- and post-closing due diligence as required by Loan Policy, the loan approval, and other interests such as SBA, FSA or USDA.
• Ensure that pre-closing loan documents are consistent with credit approval and key credit items are accurate, including interest rate, payment schedule, and responsible parties.
• Serve as a back-up to the Commercial Bankers as appropriate, including attending Loan Committee, handling client service issues, and client calling efforts.
• Responsible for internal portfolio management processes including monitoring and performing appropriate action related to past dues and maturing loans, communicating with participant banks, and working with internal and external auditors.
• Manage the portfolio tracking process, including gathering and entering data in the appropriate tracking reports, as well as reviewing and distributing monthly reports.
• Collaborate with Commercial Credit Operations, Administration and Lender staff to provide timely response to internal and external customer inquiries and servicing needs.
• Assist the department with special projects and reporting as assigned.
• Build relationships with other bank personnel to facilitate effective working relationships between credit administration and production.
• Provide timely and effective responses to servicing needs.
• Comply with all company or regulatory policies, procedures and requirements applicable to this position.
• Foster and preserve a culture of inclusion.
• Additional duties and responsibilities may be required to support the company's mission, vision and values.

QUALIFICATIONS :

WORKING CONDITIONS :

SALARY & BENEFITS :

The minimum salary for this position is $65,000 annually. The actual starting salary will be based on qualifications and business needs and may vary, as permitted by applicable state law.

This position is a regular full-time position, and individuals employed as regular full-time, are eligible for the following benefits subject to the terms, limitations and conditions of each benefit plan : Health, Dental, Vision, Life Insurance, Disability Insurance, FSA, HSA, 401K, Employee Stock Purchase Plan, Paid Time Off, Paid Holidays and additional Voluntary Supplemental Insurance

At QCR Holdings, Inc. we are committed to fostering and preserving a culture of inclusion and strongly believe that it's our differences - of all kinds - that make our company and our communities better and stronger.

QCR Holdings, Inc. is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, disability, age, sexual orientation, gender identity, national origin, veteran status, or other protected class status.

It is the policy of QCR Holdings, Inc. to comply with the Americans with Disabilities Act by providing reasonable accommodations to enable qualified individuals with disabilities to access the job application and interview process, to perform the essential functions of the job, and to receive equal access to other benefits and privileges of employment.