CREDIT PORTFOLIO MANAGER-OVERLAND PARK, KS OR AURORA, CO As the Credit Portfolio Manager, you will manage an assigned portfolio of Business Banking (BB) and Small Business Banking (SBB) loans. This includes day-to-day management of the portfolio and processing loan annual reviews, loan renewals and loan modifications. This is a credit based position, does not have client contact.
How you will spend your time: - Analyze business and personal financial statements and performing financial spreading of those statements.
- Utilize loan processing software to produce formal Loan Proposals for credit actions that will be presented for approval.
- Present solutions to credit structure, covenants, financial reporting requirements and other credit conditions to the Portfolio Manager.
- Monitor portfolio continuously by tracking loan exceptions, BBC, covenants, past dues and other portfolio management activities.
- Recognize and manage early warning signs for the portfolio on a recurring basis and follow established protocol for actions that need to be taken.
- Provide timely follow up and ensure that loan servicing actions are properly administered. Collaborate with Relationship Officers to both identify expansion opportunities and maintain credit quality for existing base of customers.
- Work with Relationship Officers to clear past dues, exceptions and covenants.
This role will spend approximately 50% of their time performing the following functions:
- Manage and administer assigned BB and SBB loans identified as Strategic Asset Management (SAM) loans.
- Monitor and secure loan collateral. Conduct site visits and coordinate with various parties to liquidate loan collateral.
- Manage and monitor assigned SAM reports as applicable such as collateral impairment and watch list reports.
- Assist SBA Program Manager with various SBA related actions such as liquidation packages, workouts and general SBA loan processing.
- Review and manage the Quarter BB Score Report.
We are excited to talk with you if you have: - Bachelor's degree in Business, Accounting, Finance or related area with at least 6 hours of accounting
- 5+ years of experience with Business Banking loans up to $5MM
- 3+ years of experience underwriting Business Banking loans
- Demonstrated credit decision making skills and ability
- Demonstrated financial analytical skills with ability to solve complex problems by interpreting data and results
- Demonstrated excellent writing skills to create credit memos Demonstrates excellent verbal and interpersonal skills to communicate with sales force and credit managers
- Demonstrated ability to work independently
- Demonstrated proficiency of Excel, and Word to create tables and worksheets for credit memos
Compensation Ranges: US Employees in California, Washington DC, New Jersey, and New York:
$62,310 - $90,760
US Employees in Colorado, Connecticut, Delaware, Illinois, Massachusetts, Maryland, Minnesota, Pennsylvania, Rhode Island, Texas, Washington, and Wisconsin:
$56,890 - $83,080
US Employees in all other states not listed above:
$51,480 - $75,410
The posted compensation range on this listing represents UMB's good faith and reasonable estimate based on its budget and what it expects to be the starting pay for this role, but the actual compensation may vary by geographic location, experience level, and other job-related factors. Please see the description of benefits included with this job posting for additional information.
UMB offers competitive and varied benefits to eligible associates, such as Paid Time Off; a 401(k) matching program; annual incentive pay; paid holidays; a comprehensive company sponsored benefit plan including medical, dental, vision, and other insurance coverage; health savings, flexible spending, and dependent care accounts; adoption assistance; an employee assistance program; fitness reimbursement; tuition reimbursement; an associate wellbeing program; an associate emergency fund; and various associate banking benefits. Benefit offerings and eligibility requirements vary.
Are you ready to be part of something more? You're more than a means to an end-a way to help us meet the bottom line. UMB isn't comprised of workers, but of people who care about their work, one another, and their community. Expect more than the status quo. At UMB, you can expect more heart. You'll be valued for exactly who you are and encouraged to support causes you care about. Expect more trust. We want you to do the right thing, no matter what. And, expect more opportunities. UMBers are known for having multiple careers here and having their voices heard.
UMB and its affiliates are committed to inclusion and diversity and provide employment opportunities to all employees and applicants for employment without regard to race, color, religion, sex (including gender, pregnancy, sexual orientation, and gender identity), national origin, age, disability, military service, veteran status, genetic information, or any other status protected by applicable federal, state, or local law. If you need accommodation for any part of the employment process because of a disability, please send an e-mail to talentacquisition@umb.com to let us know the nature of your request.
If you are a California resident, please visit our Privacy Notice for California Job Candidates to understand how we collect and use your personal information when you apply for employment with UMB.
#LI-CH1
CREDIT PORTFOLIO MANAGER-OVERLAND PARK, KS OR AURORA, CO As the Credit Portfolio Manager, you will manage an assigned portfolio of Business Banking (BB) and Small Business Banking (SBB) loans. This includes day-to-day management of the portfolio and processing loan annual reviews, loan renewals and loan modifications. This is a credit based position, does not have client contact.
How you will spend your time: - Analyze business and personal financial statements and performing financial spreading of those statements.
- Utilize loan processing software to produce formal Loan Proposals for credit actions that will be presented for approval.
- Present solutions to credit structure, covenants, financial reporting requirements and other credit conditions to the Portfolio Manager.
- Monitor portfolio continuously by tracking loan exceptions, BBC, covenants, past dues and other portfolio management activities.
- Recognize and manage early warning signs for the portfolio on a recurring basis and follow established protocol for actions that need to be taken.
- Provide timely follow up and ensure that loan servicing actions are properly administered. Collaborate with Relationship Officers to both identify expansion opportunities and maintain credit quality for existing base of customers.
- Work with Relationship Officers to clear past dues, exceptions and covenants.
This role will spend approximately 50% of their time performing the following functions:
- Manage and administer assigned BB and SBB loans identified as Strategic Asset Management (SAM) loans.
- Monitor and secure loan collateral. Conduct site visits and coordinate with various parties to liquidate loan collateral.
- Manage and monitor assigned SAM reports as applicable such as collateral impairment and watch list reports.
- Assist SBA Program Manager with various SBA related actions such as liquidation packages, workouts and general SBA loan processing.
- Review and manage the Quarter BB Score Report.
We are excited to talk with you if you have: - Bachelor's degree in Business, Accounting, Finance or related area with at least 6 hours of accounting
- 5+ years of experience with Business Banking loans up to $5MM
- 3+ years of experience underwriting Business Banking loans
- Demonstrated credit decision making skills and ability
- Demonstrated financial analytical skills with ability to solve complex problems by interpreting data and results
- Demonstrated excellent writing skills to create credit memos Demonstrates excellent verbal and interpersonal skills to communicate with sales force and credit managers
- Demonstrated ability to work independently
- Demonstrated proficiency of Excel, and Word to create tables and worksheets for credit memos
Compensation Ranges: US Employees in California, Washington DC, New Jersey, and New York:
$62,310 - $90,760
US Employees in Colorado, Connecticut, Delaware, Illinois, Massachusetts, Maryland, Minnesota, Pennsylvania, Rhode Island, Texas, Washington, and Wisconsin:
$56,890 - $83,080
US Employees in all other states not listed above:
$51,480 - $75,410
The posted compensation range on this listing represents UMB's good faith and reasonable estimate based on its budget and what it expects to be the starting pay for this role, but the actual compensation may vary by geographic location, experience level, and other job-related factors. Please see the description of benefits included with this job posting for additional information.
UMB offers competitive and varied benefits to eligible associates, such as Paid Time Off; a 401(k) matching program; annual incentive pay; paid holidays; a comprehensive company sponsored benefit plan including medical, dental, vision, and other insurance coverage; health savings, flexible spending, and dependent care accounts; adoption assistance; an employee assistance program; fitness reimbursement; tuition reimbursement; an associate wellbeing program; an associate emergency fund; and various associate banking benefits. Benefit offerings and eligibility requirements vary.
Are you ready to be part of something more? You're more than a means to an end-a way to help us meet the bottom line. UMB isn't comprised of workers, but of people who care about their work, one another, and their community. Expect more than the status quo. At UMB, you can expect more heart. You'll be valued for exactly who you are and encouraged to support causes you care about. Expect more trust. We want you to do the right thing, no matter what. And, expect more opportunities. UMBers are known for having multiple careers here and having their voices heard.
UMB and its affiliates are committed to inclusion and diversity and provide employment opportunities to all employees and applicants for employment without regard to race, color, religion, sex (including gender, pregnancy, sexual orientation, and gender identity), national origin, age, disability, military service, veteran status, genetic information, or any other status protected by applicable federal, state, or local law. If you need accommodation for any part of the employment process because of a disability, please send an e-mail to talentacquisition@umb.com to let us know the nature of your request.
If you are a California resident, please visit our Privacy Notice for California Job Candidates to understand how we collect and use your personal information when you apply for employment with UMB.
#LI-CH1
