PORTFOLIO MANAGER | Northwest Bank Vacancies

Northwest Bank

Company Name: Northwest Bank
Company Website: www.northwest.com
Job Type: Full-time
Job Location: Webster, NY
Job Posted Date: 01-02-2023
Posted on: jobscastle.net

Job’s Overview:

Northwest Bank is seeking a PORTFOLIO MANAGER in Webster, NY. Please take a moment to read the job post below if you are interested:

The level of the position will be determined based on years of experience and skill set the candidate possesses.

This position is responsible for driving the loan closing process for C&I loans and ensuring moderate to higher complexity loan documentation adheres to loan approval. This position acts as a liaison with Credit Administration, Commercial Loan Processing and Servicing departments, internal and external legal counsel, Loan Review, Audit, and other departments as required. This position ensures timely financial statement collection and proactively identifies and escalates early warning signs within the portfolio.

Flexible work location arrangement would be considered for this position.

Essential Functions

  • Inspect credit approval documents to ensure accuracy for documentation purposes
  • Review Commitment letters based on established requirements
  • Examine moderate to higher complexity loan documentation to ensure accuracy and accordance with loan approval requirements
  • Facilitate loan closings in conjunction with and on behalf of Relationship Manager
  • Ensure all loan approval conditions have been met within required time frame
  • Ensure timely collection, review and evaluation of all financial statement requirements from borrowers and guarantors
  • Proactively identify and escalate declining financial performance/negative indicators within the loan portfolio on a timely basis
  • Follow covenant testing protocols and manage waiver letter process when applicable
  • Act as the first line of defense to recommend and process timely risk rating changes in conjunction with the Relationship Manager
  • Monitor loan management tracking reports and ensure timely action and escalation as warranted collaboratively with Market Executives, Relationship Managers, Credit Administration and Loan Operations
  • Initiate and/or complete loan modifications per established protocols
  • Manage and maintain collateral requirements including ordering appraisals, environmental reports and property searches
  • Coordinate and assist with criticized loan reports as part of the Watch List program
  • Act as a liaison with Commercial Loan Operations, Loan Review, Audit, examiners and other departments as required
  • Jointly call on clients to stay apprised of business activity/performance and serve as additional contact point
  • Facilitate client service requests
  • Optimize client relationships and create an exceptional client experience
  • Comply with all corporate standards and audit-related matters in specific areas of responsibility
  • Remain current on all banking rules and regulations
  • Establish increased productivity and profitability

Additional Essential Functions

  • Ensure compliance with Northwest’s policies and procedures, and Federal/State regulations
  • Navigate Microsoft Office Software, computer applications, and software specific to the department in order to maximize technology tools and gain efficiency
  • Work as part of a team
  • Work with on-site equipment

Additional Responsibilities

  • Complete other duties and special projects as requested by management

Safety and Health

  • Abide by the rules of the safety and loss prevention program
  • Perform work tasks in a safe manner
  • Report any and all injuries to supervisor
  • Know what to do in case of an emergency


To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.


Bachelor’s Degree in Business, Finance, or related degree preferred

Work Experience

6+ years relevant experience in Commercial Lending as a Portfolio Manager, Relationship Manager and/or Credit Officer/Underwriter working with moderate to complex credits and documentation preferred

6+ years experience working with C&I lending.

General Employee Knowledge, Skills, And Abilities

  • Ability to establish effective working relationships among team members and participate in solving problems and making decisions – Extensive Proficiency
  • Ability to present and express ideas and information clearly and concisely in a manner appropriate to the audience, whether oral or written – Extensive Proficiency
  • Ability to actively listen to what others are saying to achieve understanding, sharing information with others and facilitating the open exchange of ideas and information – Extensive Proficiency
  • Ability to establish courses of action for self to accomplish specific goals, develop and use tracking systems for monitoring own work progress, and effectively use resources such as time and information – Extensive Proficiency
  • Ability to make right decisions based on perceptive and analytical processes, practicing good judgment in gray areas – Extensive Proficiency

Getting the PORTFOLIO MANAGER designation comes with some responsibilities. It would be a wise idea to take a few minutes to learn more about it so you can make an informed decision.

Applicants must meet the above-mentioned requirements in order to qualify for consideration to work as a PORTFOLIO MANAGER .

By clicking on the apply now button, you will be redirected to the official recruitment website where you can fill out your application.