Portfolio Monitoring Analyst I

Job Summary

The Portfolio Monitoring Analyst I provides administrative, tracking, portfolio monitoring, and underwriting of renewals, modifications, and guarantor/collateral release and substitution in support of the bank’s Business Direct Group (business purpose loans).  This position will partner very closely with the respective lines of business relationship managers and Business Banking Associates to ensure timely renewal and appraisals/evaluations.

The primary emphasis of underwriting will be driven by scorecard-based approvals and decisions, as the primary responsibility will be completion and management of scorecard-based underwriting and submitting scorecards to the Analyst II or Manager for approval.  

Key Responsibilities / Essential Functions

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. 


* Encourage open and ongoing dialogue with business bankers and Business Banking Associates.


* Underwrite small business renewal requests by completing the various financial spreads and cash flow analysis work in the bank’s small business underwriting workbook.


* Prepare renewals, modifications, and guarantor/collateral release and substitution for credit decisions.


* Complete scorecard driven annual reviews, and present findings from scorecard driven abbreviated annual reviews to PMA II and management for review and signature. 


* Make recommendations for risk rating adjustments based on scorecard results when necessary. 


* Perform analysis consistent with exposure level and whether financials are required for the annual review. 


* Monitor ratings based on risks identified in various triggers and identify risk rating changes.


* Maintain confidentiality and security of sensitive information.


* Adhere to ll corporate policies and procedures, Federal and State regulations, and laws.


* Complete all mandatory annual compliance training. 


* Follow regulatory requirements including those pertaining to the Bank Secrecy Act (BSA), Anti-Money Laundering (AML), Customer Identification Program (CIP), and OFAC to assist in the identification, detection, and determent of money laundering and other unlawful activities, as well as regulations pertaining to lending and consumer compliance to include fair lending laws.


* Perform other duties and special projects as assigned. 

Job Requirements

Education:


* Bachelor’s degree in finance, accounting, and economics, business, or other related field or combination of relevant experience and education. 

Required:


* 2+ years of banking experience.


* Working knowledge of finance principles sufficient to adequately perform technical aspects of job with reasonable amounts of supervision.  


* Must have excellent communication and interpersonal skills, strong organizational and time management skills, and ability to work independently to meet deadlines while m...