• Associate Commercial Loan Portfolio Manager

    Posted: 06/30/2024

     

    The Arrow Financial Corporation Family of Companies is seeking dynamic, authentic individuals to join our amazing team!  Currently, we are looking for an experienced professional to join Credit team as: 

    Associate Commercial Loan Portfolio Manager

    This opportunity may be perfect for you if you have experience in:

    > Analyzing complex Commercial Relationships

    > Portfolio Management of covenant compliance requirements

    > Excellent Organizational and Communication skills

    About this position:

    Responsible for providing direct support to the Commercial Loan Portfolio Manager and Corporate Banking Professionals with respect to portfolio management of commercial customer relationships.

    Responsibilities

    > Assist with portfolio management activities, including but not limited to reporting requirements and covenant testing, coordinating with relationship managers in collection of financial statements, maintenance of records, and completion of periodic reviews of assigned accounts to ensure risk rating accuracy. 

    > Act as liaison for the Commercial Loan Portfolio Manager between Corporate Banking Professionals and Credit Administration to facilitate credit needs of customers through new requests, modifications, or annual reviews/renewals. Including documenting and tracking relevant information in Loan Origination System (nCino), completing credit memo with necessary credit approvals obtained, and participating in loan closing process. 

    > Support Corporate Banking Professionals with portfolio management activities related to credit, depository, or other banking services.  Follow up with customers on past due financial statements, monitor covenant compliance, and perform ongoing credit monitoring activities.

    > Assist and perform related duties with special projects as requested by Commercial Loan Portfolio Manager. Including identifying/providing product solutions and ongoing service of account relationships.

    > Adhere to applicable compliance and operational risk controls in accordance with Company or regulatory standards and policies. 

     

    What you will need to thrive in this role:

    In addition to your work and life experiences, as well as your passion and excitement for the profession, you would benefit from having: 

    Education/Certifications:

    > Bachelor’s degree in accounting, Finance, or related field or equivalent experience required.

    > 6 years of experience in credit and/or commercial lending required. 

                

    Skills/Knowledge:

    > Proficient in Microsoft office Suite:  Word, Excel, Outlook, and PowerPoint; knowledge of commercial lending-related software systems a plus

    > Excellent organizational skills and ability to prioritize to meet deadlines.

    > Demonstrated analytical skills, sound judgment, and quality decision making ability.

    > Strong communication skills, both written and verbal; comfortable communicating with customers, co-workers, and management

     

    Physical Demands:

    > Must be able to sit for prolonged periods of time and walk/stand for brief periods of time.

    > Must be able to repetitively use a telephone and computer mouse and keyboard.

    > Ability to lift/move up to 15 lbs.

    What we will bring to the table:

    We believe in investing in our employees and helping them grow their career with us.  We offer a pleasant, inclusive work environment, career development opportunities, and competitive compensation.  Through our total rewards program, we offer a comprehensive benefits package featuring:

    >    Competitive compensation including potential bonus and incentives as well as paid vacation, sick time, and holidays

    >    Medical, Dental, and Vision Insurance and Flexible Spending Plan

    >    Multiple retirement plans including:  401(k), Pension, and Employee Stock Ownership

    >    Education and Tuition Reimbursement

    >    Employee Assistance Program for our employees and their immediate family members

    We are an Equal Opportunity Employer. Our employment decisions are made without regard for: race, color, religion, national origin or ethnic origin, gender (including pregnancy), sexual orientation, gender identity or expression, age, disability, veteran status, or any other characteristic protected by law.

    As a multi-bank holding company, Arrow Financial Corporation has over $4 billion in assets. Through our subsidiaries we provide a broad range of banking and insurance services across northeastern New York, including online and mobile banking, wealth management, money market and deposit accounts, and mortgage, consumer and commercial loans.

    We are committed to delivering value for our shareholders, our customers, and our communities. Our conservative business model and strategy of steady growth have resulted in many recognitions from the nation’s leading publications and bank-rating firms.

    The salary range for this position is $60,405-$75,000 annually commensurate with experience and education.

    Additional compensation may be earned through the Company’s profit-sharing bonus program, subject to individual and company performance.