Head of Commercial Portfolio Management

Job Description

Job Description

Head of Commercial Portfolio Management

Location: Clinton, NJ (Onsite)

Actual compensation may vary based on qualifications, experience, education, location, and schedule. Additional incentive plans, bonuses, and benefits may be available.

Position Summary

A confidential financial institution is seeking an experienced Head of Commercial Portfolio Management to oversee the performance, risk management, and strategic direction of its commercial loan portfolio. This leadership position will be responsible for maintaining sound credit practices, ensuring regulatory compliance, monitoring asset quality, and providing strategic oversight across the commercial lending portfolio.

Essential Responsibilities

• Lead the monitoring and management of the commercial loan portfolio, including:

  • Commercial Real Estate (CRE)

  • Commercial & Industrial (C&I)

  • SBA loans

  • Other commercial lending segments

• Develop and implement portfolio management strategies to ensure timely completion of risk rating reviews.

• Identify portfolio trends, concentrations, and emerging risks, recommending proactive measures to mitigate exposure.

• Supervise, mentor, and develop a team of Commercial Portfolio Managers.

• Ensure adherence to internal credit policies and applicable regulatory requirements.

• Maintain ongoing financial statement and covenant tracking across the commercial loan portfolio.

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

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

• Prepare and present portfolio reports for executive leadership and the Board of Directors.

• Analyze key portfolio performance metrics, including delinquencies, charge-offs, and risk ratings.

• Support regulatory examinations and internal or external audits by providing documentation and analysis.

• Recommend appropriate changes to borrower risk ratings.

QualificationsEducation

• Bachelor's degree in Finance, Business, or a related field, or equivalent professional experience.

Experience

• Minimum of 7 years of experience within a commercial lending department at a financial institution.

• 2 to 4 years of supervisory or management experience.

• Extensive knowledge of commercial lending policies and procedures.

• Strong understanding of Commercial Real Estate (CRE) lending practices.

• Knowledge of SBA lending programs preferred, but not required.

Knowledge, Skills, and Abilities

• Ability to work independently with minimal supervision.

• Strong analytical and critical thinking skills.

• Exceptional attention to detail and accuracy.

• Strong organizational skills with the ability to manage multiple priorities.

• Professional demeanor and sound judgment.

• Excellent verbal and written communication skills.

• Strong interpersonal skills with the ability to build effective relationships across departments.

• Proficiency in Microsoft Office, particularly Word and Excel.

• Knowledge of administrative and office procedures, including document management and record keeping.

• Ability to read, interpret, and analyze legal documents, government regulations, and professional publications.

• Ability to prepare reports and business correspondence.

• Ability to perform financial calculations involving interest, discounts, commissions, percentages, and basic algebra.

• Ability to communicate complex information clearly to various audiences.

• Ability to exercise sound judgment and apply common sense when carrying out written and verbal instructions.

Additional Requirements

• Demonstrates thorough analysis and logical decision-making when handling complex financial information.

• Maintains strict attention to detail in all aspects of the role.

• Comfortable working within established policies, procedures, and regulatory guidelines.

Licenses & Certifications

• None required.

Compliance

All employees are responsible for understanding and complying with applicable banking laws, regulations, and internal policies. This includes completing required compliance training and performing day-to-day responsibilities in accordance with regulatory requirements and organizational standards.

\nCompany Description

W3Global was established in 2006 in Fremont, CA with a vision: simplify the recruiting process and develop an industry-disrupting platform to connect candidates with clients. Our cutting-edge Applicant Tracking System enables us to find the right person for the right job, creating value for job seekers and employers. While W3Global initially focused on IT staffing, we have expanded the business to serve many other industries, including accounting and finance, legal, engineering, human resources, government and more.

We’re proud of the investments we’ve made in our team, having grown from four to 1000 employees and evolving into one of the leading recruitment and staffing solution providers in the industry. Our recruiters and account managers are passionate about connecting qualified professionals with the right positions in small, medium, and large companies.

Our Services
W3Global understands the natural ups and downs of an organization’s staffing needs. We are continuously adapting to industry and economic changes to find the right candidates.

We specialize in placing permanent, direct, contract, and temporary positions for companies of any size. Our recruiting services include sourcing, recruiting, screening, interview management, salary negotiations, training, and onboarding.

We are committed to helping organizations redefine their recruitment process by delivering our SaaS-based proprietary application tracking system software.

Our Expertise
W3Global has been delivering staffing solutions for nearly two decades; we know which recruiting strategies work best. Our expert team is committed to developing a customized solution to fit your company’s unique needs.

As a W3Global client, you’ll also receive personalized assistance from a seasoned team of staffing specialists. We are committed to providing both technical support and industry expertise to simplify the hiring process. We know that your time matters. W3Global will help you streamline the hiring process, getting it done and getting it right.

Company Description

W3Global was established in 2006 in Fremont, CA with a vision: simplify the recruiting process and develop an industry-disrupting platform to connect candidates with clients. Our cutting-edge Applicant Tracking System enables us to find the right person for the right job, creating value for job seekers and employers. While W3Global initially focused on IT staffing, we have expanded the business to serve many other industries, including accounting and finance, legal, engineering, human resources, government and more.\r\n\r\nWe’re proud of the investments we’ve made in our team, having grown from four to 1000 employees and evolving into one of the leading recruitment and staffing solution providers in the industry. Our recruiters and account managers are passionate about connecting qualified professionals with the right positions in small, medium, and large companies.\r\n\r\nOur Services\r\nW3Global understands the natural ups and downs of an organization’s staffing needs. We are continuously adapting to industry and economic changes to find the right candidates.\r\n\r\nWe specialize in placing permanent, direct, contract, and temporary positions for companies of any size. Our recruiting services include sourcing, recruiting, screening, interview management, salary negotiations, training, and onboarding.\r\n\r\nWe are committed to helping organizations redefine their recruitment process by delivering our SaaS-based proprietary application tracking system software.\r\n\r\nOur Expertise\r\nW3Global has been delivering staffing solutions for nearly two decades; we know which recruiting strategies work best. Our expert team is committed to developing a customized solution to fit your company’s unique needs.\r\n\r\nAs a W3Global client, you’ll also receive personalized assistance from a seasoned team of staffing specialists. We are committed to providing both technical support and industry expertise to simplify the hiring process. We know that your time matters. W3Global will help you streamline the hiring process, getting it done and getting it right.