Portfolio Manager - Jericho, NY
Company: Valley Bank
Posted on: November 25, 2022
The Relationship Manager is responsible for monitoring and
growing Commercial Loan customer relationships, and assisting the
Loan Officers with the administration of loan portfolios.
Responsibilities include but are not limited to: Maintain and
service assigned portfolios and coordinate the cross sell of other
Maintain close customer contact to ensure continued satisfaction
and to follow or anticipate additional financing needs.
Monitor and report changes in credit quality.
Negotiate to properly structured and priced credit facilities
consistent with the bank's credit policies and lending
Prepare effective packages for credit approval circulation and to
present packages to the required level of credit authority.
Prepare and issue term sheet and commitment letters.
Attend loan closings to ensure loans are properly closed.
Follow past due payments and overdrafts.
Ensure that lines of credit are renewed in a timely fashion. Obtain
customer renewal term agreement and negotiate any differences.
Respond to customer needs in a timely fashion.
Ensure that customer requests with other departments are being
properly followed, clearing all service issues.
Oversee proper handling of customer transactions such as advances,
payments, wire transfer, etc.
Ensure that the bank is in possession of current financial
information and that the information has been properly analyzed and
on file and that proper and complete credit files are on hand.
Provide reports of information as required.
Review documentation prepared by legal counsel as to their accuracy
meeting all requirements of loan requests.
Provide problem resolution.
Assure that credits are accurately risk rated and credits are
properly monitored and reported.
Create and maintain current BSA Information.
Adhere and comply with all requirements of watch list and EDD
Keywords: Valley Bank, New Rochelle , Portfolio Manager - Jericho, NY, Executive , Jericho, New York
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