Demo
Salary Resume Critique Job Openings

Portfolio Manager

FinTrust Connect
NJ Full Time
POSTED ON 1/14/2025 CLOSED ON 4/2/2025

What are the responsibilities and job description for the Portfolio Manager position at FinTrust Connect?

For more Job Opportunities follow FINTRUST CONNECT here : FinTrust Connect : Jobs | LinkedIn

Portfolio Manager – Elmwood Park, NJ

FinTrust Connect is excited to announce that we have partnered with a well-capitalized regional bank in search of an experienced C&I Portfolio Manager. This candidate will be responsible to help providing ongoing credit oversight and portfolio management of the C&I loans through annual reviews, and monitoring of covenant compliance.

Why this Opportunity?

  • Culture : This bank values a strong team-oriented culture that prioritizes inclusivity and professional development. They believe in creating a supportive and collaborative work environment where all employees feel valued and empowered to reach their full potential. This institution is committed to fostering a positive and family-like atmosphere within the bank and to provide opportunities for career advancement and growth for their employees.
  • Workplace (On-site, Hybrid, Remote) : Hybrid (4 in office / 1 at home) in Elmwood Park, NJ.
  • Function : Take on full account management responsibility for C&I loans and provide ongoing credit oversight and portfolio management through annual reviews, monitoring of covenant compliance, and the creation and maintenance of “Watch List” credits.

Requirements :

  • College degree
  • Minimum of three (3) years of experience in managing significant C&I loans (above $5M-7.5M)
  • Formal credit training
  • Excellent underwriting knowledge, specifically in non-small business lending environments

    • Description :

  • Assume full account management responsibility for C&I loans.
  • Interact with Loan Officers, Borrowers or CPAs to obtain necessary financial information required to complete annual reviews.
  • Consult with customers regarding their financial performance trends and pro-actively anticipate and manage deteriorating credits.
  • Negotiate and recommend for approval, financial covenant waivers and loan modifications.
  • Manage and track borrowing bases, A / R Aging, etc.
  • Manage portfolio risk on a forward and proactive basis with respect to economic and industry trends, borrower concentrations, industry concentrations, likelihood of default and loss and criticized and classified loan migration.
  • Recommend specific action plans upon identifying increased borrower credit risk to mitigate non-performing / non-accrual loan status.
  • Daily monitoring of all overdrafts for C&I relationships.
  • Order appraisals, flood searches, and credit reports.
  • Assist SVP Director of Portfolio Management with monthly reporting as required.
    • Sales Manager
    Empire Portfolio Group -
    Washington, DC
    View Job Details
    Sales Manager
    Empire Portfolio Group -
    Chantilly, VA
    View Job Details

    If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution. Compensation Planning
    Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right. Surveys & Data Sets

    What is the career path for a Portfolio Manager?

    Sign up to receive alerts about other jobs on the Portfolio Manager career path by checking the boxes next to the positions that interest you.
    Income Estimation: 
    $116,865 - $160,036
    Income Estimation: 
    $142,019 - $220,718
    Income Estimation: 
    $116,865 - $160,036
    Income Estimation: 
    $142,019 - $220,718
    Income Estimation: 
    $83,016 - $112,001
    Income Estimation: 
    $116,865 - $160,036
    This job has expired.
    Employees: Get a Salary Increase
    View Core, Job Family, and Industry Job Skills and Competency Data for more than 15,000 Job Titles Skills Library

    Job openings at FinTrust Connect

    View More Jobs at FinTrust Connect

    Not the job you're looking for? Here are some other Portfolio Manager jobs in the NJ area that may be a better fit.

    Customer Relations Manager

    Portfolio, Farmers, TX

    View More Jobs

    AI Assistant is available now!

    Feel free to start your new journey!