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VP, Portfolio Manager

Solvang, CA, USA | PacWest Bancorp

  • Industry:
    Banking / Investment Banking
  • Position Type:
    Full-Time
  • Functions:
    Financial Services Professional
    General Management
  • Experience:
    5-7 years
Job Description:
70 people have viewed this job

The VP, Portfolio Manager monitors the overall performance of the loan portfolio, identifies deviations and trends, and facilitates the overall management process, with the primary objective of maintaining and protecting the bank’s collateral. The Portfolio Manager is involved with the quality control function for the integrity of our loan data, to include financial reporting, loan input, and the timely application of company established risk rating policies and procedures. This position requires an ability to work independently with limited day-to-day supervision.


Responsibilities


Maintain and monitor a portfolio of assets to existing and newly developed clients


Facilitate and oversee the timely and accurate input of all data, specifically as it relates to loan terms

Spread financials or manage the process to ensure completion for assigned portfolio as well as newly developed prospects and clients

Communicate frequently with assigned clients to obtain information needed to evaluate changes In the asset value and operational/ financial performance

Identify deviations from agreed upon performance and negotiate remedial action; obtain Internal approval for action and documentaccordingly

Actively participate in portfolio review sessions with senior management

Collaborate with investment team on new transactions to ensure efficient documentation and funding

Provide guidance on process improvements, as well as provide oversight to junior members of the portfolio team

Travel to client visits and other meetings up to 25% of time

Qualifications

POSITION REQUIREMENTS:


Minimum of five to seven years lending/credit experience

Bachelor's degree in Finance or Accounting, or equivalent experience

Proficient with Word and Excel

Strong interpersonal skills

Ability to multi-task


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