NB1577 - Portfolio Manager

Job Description

Job Description

We are a full-service community bank with branch locations in New York and New Jersey. Each day, Northfield Bank upholds our mission to be the financial institution of choice for individuals and businesses by delivering innovative products and exceptional customer service. Founded in 1887, the Bank has always been proud of being “locally grown,” and credits our strength to our dedication to our customers and the communities that we serve.

Job Title: Portfolio Manager

Job Status: Full Time

Job Location: Staten Island, NY

Primary responsibility is to administer loans originated by the Commercial Loan Office focusing on maintenance of existing client portfolio, performing annual and quarterly reviews as needed, ensuring all loan payments are current, and initiating risk rating changes to existing loans. Customer contact will be required.

Responsibilities Include:

• Monitor loan portfolio by examining loan repayment activities and financial condition of borrowing clients and take necessary action to prevent and/or reduce past due accounts
• Maintain ongoing contact with lending customers to provide exceptional customer service, keep abreast of latest developments in customers' financial and business condition, and collect updated financial statements/documentation for renewals and reviews
• Perform financial analysis of customers' financial statements for quarterly and annual reviews, including evaluating customers' ability to repay and making recommendations to management on structure of loan
• Coordinate with the SVP in restructuring loans to control delinquency and minimize losses
• Initiate discussion with area manager for possible risk rating changes to loans in portfolio due to positive or negative events/trends encountered
• Assist in payment collection efforts, including maintaining updates to collection system records.
• May participate in completion of analysis and applications for loan modifications, renewals and small new business loans
• Partner with Lending Officers in business development efforts based on customer need
• Maintains confidentiality of sensitive business and client information
• Compliance with all relevant Bank policies and procedures
• May require occasional travel for business meetings or training.

• Bachelor's Degree in Business, Finance, Accounting or related field required
• Credit Training for continuous learning preferred
• 3+ years’ experience in Banking or lending related fields required
• Financial analytical and underwriting skills required
• Proficient with Microsoft Office, particularly Word and Excel

**Northfield Bank is an Equal Employment Opportunity Employer M/F/Disability/Protected Veteran**

Salary Pay Range: $100K - 115K (This range is for informational purposes only. Offer of employment will be made based on level of experience and skill qualifications within this range)