CB Portfolio Specialist I

Assists Corporate Bankers and Portfolio Managers in managing existing Corporate Banking relationships. Acts as a contact person when the Corporate Banker and/or Portfolio Manager are not immediately available and provides direct client service. Expands or deepens client relationships by identifying client needs and communicating to relationship team. Provides direct client service under direction.


Coordinates closings for new loans and modifications under Corporate Banker guidance. Works closely with Portfolio Managers and Corporate Banking Portfolio Team Lead to ensure the risk management of each client relationship is in compliance with policy and procedure, as well as commercial and regulatory guidelines. Provides general administrative support for the department including preparing miscellaneous reports, scanning documents to loan files and creating and maintain corporate client files.


Essential Job Responsibilities

1. Assists in managing existing Corporate Banking relationships by performing the following:


a. Assists with collecting and tracking required financial information for the Credit Department to prepare an analysis. Reports collection activity to management in a timely manner.

b. Under direction, provides service to commercial clients on their banking needs with respect to deposit, loan and other miscellaneous products and services, including (but not limited to):


i. Answering questions on loans and other accounts, assisting with loan payments and collecting past due loan payments.

ii. Processing advances from lines of credits or multi disbursement credits; preparing and initiating wire transfers.

iii. Performing client verification for ACH and Wire Overlimit requests.

iv. Working with branches to set up accounts or other services and introducing clients to branch staff.

v. Researching issues, providing solutions and preparing maintenances.

vi. Working with Treasury Management on client issues, as needed.

2. Builds client relationships by identifying needs, recognizing cross-sell opportunities and communicating to Corporate Banking relationship team.

3. Loan Origination System (Abrigo) front-end input of new loan requests.

4. Actively participates in Regional Relationship Team meetings.


5. Assists with coordinating loan and modification closings by performing the following:

a. Assists in the preparation of the required pre-closing documents needed for the in-house loan documentation to begin (i.e., commitment letter, application, Reg B Letter, Good Standing Searches)

b. Orders Property Reports and flood determination (if real estate is held as collateral)

c. Completes UCC Search to prepare UCC Summary and works with Secured Credit to order an appraisal (if applicable)

d. Completes all required Loan Origination System workflows to move requests from loan approval through closing and post-closing workflow stages.


e. Obtains all invoices, descriptions, Serial numbers, etc. if equipment is being purchased.

f. Prepares upload forms for the loans to be booked to the system.

g. Coordinates loan closings and fundings with all necessary parties, including Loan Services, title companies, counsel, borrower's counsel, and the Wire Room, when applicable.


h. Issues attorney engagement letters and works with outside counsel to prepare the loan documents in accordance to the bank approval and remains in constant communication with the attorney, Corporate Banker, and Loan Documentation to meet all deadlines as well as close the loan as approved.

i. Prepares necessary internal documents needed for the closing and funding of new loans, i.e., wire instructions, wire form, upload documents, Disbursement Authorization, etc.

j. Communicates with Loan Documentation to ensure that funding of the loan occurs in a timely fashion and works out any issues that may arise. Checks status of funding and notifies all necessary parties when it has occurred.

k. Works with Serviced Loans and Secured Credit to provide necessary information for closing participations and syndications, fully-followed transactions, dealer floor plan lines, and real estate transactions.

l. Checks system to ensure that the loan(s) were uploaded properly.


6. Follows proper policies and procedures to authenticate clients for all requests. Verifies identity and ensures that the appropriate authorized individual has submitted the request and has provided supporting documentation to prevent fraud.

7. Works closely with the Portfolio Manager and Corporate Banking Portfolio Team Lead to ensure the risk management of each client relationship is in compliance with policy and procedure, as well as commercial and regulatory guidelines.

8. Assists senior staff with coordinating rate changes, fees, lender incentives, etc. for SWAPs with Corporate Banker, client, Treasury, and any other financial institution for participation loans.

9. Collects items requested by Audit pertaining to assigned portfolio. Assists with follow-up on Audit Findings as needed.

10. Works will all necessary parties including title companies, counsel, and client to clear documentation exceptions in a timely manner.


11. Provides general administrative support, which may include preparing miscellaneous reports for the department as requested, scanning documents to loan files, monitoring collateral information to ensure accuracy on reports, assisting with missing documentation follow-up and creating and maintain corporate client files.

Bona Fide Occupational Qualifications

1. Minimum of one (1) year related experience required.

2. High School diploma or equivalent is required.

3. Excellent MS Word and Excel skills, Customer Service and communication skills, ability to work as a team player and to prioritize work effectively are all required.

4. Strong computer skills with the ability to learn internal systems are required.

5. May be eligible for Telecommuting.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
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