Head of Commercial Portfolio Management

Job description

Position Summary

Responsible for overseeing the performance, risk management, and strategic direction of the bank's commercial loan portfolio. Managing sound credit practices, regulatory compliance, and asset quality of the portfolio.

Essential Functions

Lead the monitoring and management of the commercial loan portfolio, including CRE, C&I, SBA, and other business lending segments.

Develop and implement portfolio strategies to ensure the risk ratings reviews are completed in a timely manner.

Identify trends, concentrations, emerging risks; recommend proactive measures to mitigate exposure.

Supervise and mentor a team of commercial portfolio managers.

Ensure adherence to internal credit policies and regulatory guidelines.

Maintains ongoing financial and covenant tracking of the commercial loan portfolio.

Partner with commercial lenders to support client relationships and ensure timely and effective portfolio servicing.

Engage with borrowers on complex credit matters, renewals, and restructures as needed.

Oversee the preparation of portfolio reports for executive management and the board.

Analyst portfolio performance metrics, including delinquencies, charge-offs, and risk ratings.

Support regulatory exams and internal/external audits with relevant documentation and analysis.

Make recommendations to appropriate risk rating changes.

Job Requirements and Qualifications

Job requires strict attention to detail and thoroughness in the completion of job duties.

Job requires thorough analysis of information and use of logic to address complexity of data and information.

Education and Experience

Bachelor's degree in finance, business or related field or equivalent experience

Minimum of 7 years' experience in a financial institution's Commercial Loan department

2 – 4 years of Supervisory skills

Extensive knowledge of financial institution's sound lending policies and procedures

Extensive knowledge of Commercial Real Estate lending practices

Knowledge of SBA lending programs preferred, but not required

All qualified applicants will receive consideration for employment without regard to race, color, age, religion, gender, sexual orientation, gender identity, national origin, protected veteran status or disability.

This job description is not an employment agreement or contract, implied or otherwise. Unity Bank maintains "at will" employment.

This document describes the position currently available. It is intended to convey information essential to understanding the scope of the position and is not an exhaustive list of skills, efforts, duties, responsibilities, or working conditions associated with it. Unity Bank reserves the right to modify duties or job descriptions at any time. Nothing in this job description restricts management's right to assign or reassign duties and responsibilities at any time. Individuals may perform other duties as assigned, including work in other functional areas to cover absences or relief, to equalize peak work periods, or otherwise balance the workload.

Unity Bank is committed to the principles of equal employment opportunity and prohibits discrimination in hiring, promotion and terms and conditions of employment on the basis of race, creed, color, national origin/nationality, ancestry, religion/religious practices or observances, age, sex, gender identity or expression, affectional or sexual orientation, marital status, civil union status, domestic partnership status, disability or perceived disability, atypical hereditary cellular or blood trait, genetic information, and status as a veteran or disabled veteran of, or liability for service in, the Armed Forces of the United States.

Unity Bank commits to making reasonable accommodation to the known physical or mental limitations of qualified individuals with disabilities and qualified disabled veterans provided the individual is able to perform the essential functions of the job, unless such accommodation would impose an undue hardship upon Unity Bank. A qualified employee or job applicant with a disability may request a reasonable accommodation by contacting Unity Bank's human resources department.

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Worksite address

clinton, NJ, 08809, US

Who can apply

Review the original listing for work authorization, qualifications and employer requirements.