Commercial Lending Portfolio Manager II – New Orleans, LA Position Available In Orleans, Louisiana

Commercial Lending Portfolio Manager II – New Orleans, LA
Req #1991
New Orleans, LA, USA
Job Description
Posted Thursday, May 15, 2025 at 12:00 AM | Expires Saturday, May 31, 2025 at 11:59 PM
At BankPlus, we strive to add value for our employees, customers and shareholders. We are a high-performing TEAM committed to fulfilling promises, building lasting relationships, and making dreams come true. All current employees must have a performance rating of Outstanding or High-Performing to be eligible to post for a position.

General Position Scope:

The Commercial Lending Portfolio Manager II is responsible for evaluating and preparing commercial loan applications and recommending approval/disapproval of complex commercial loans in a timely manner while adhering to bank standards and loan policies. The CLG Portfolio Manager will work with the senior manager or Commercial Lenders to meet client expectations.

Duties and Responsibilities:

The Commercial Lending Portfolio Manager II will learn to underwrite loan requests which include new loans, amendments, extensions, modifications, and renewals.
Responsible for performing and reviewing financial analyses and producing a cash flow worksheet.
Analyze financial statements, industry and market data and prepares credit approval package that clearly outlines and expresses an independent opinion on key considerations in the credit decision.
Work with Lender in evaluating the general contractor and property management company, if applicable.
Work with Commercial Lenders in reviewing borrowing base certificates to assess compliance.
Pull credit reports.
Work with lender to produce term sheets and commitment letters.
Along with lender, review draw requests and coordinates property inspection and certification of draw by an independent inspector
Track and resolve document exceptions related to closing and all ongoing exceptions.
Test performance against original underwriting and covenant requirements upon receipt of required reporting information
Work with lender to enter information into nCino and submit loan packages for approval.
Request financial spreads, global cash flow analysis, appraisals, evaluations, and environmental information.
Work with Commercial Lenders in obtaining and reviewing construction loan documentation in relation to Borrower draw requests. Gather BBCs, Leases, GCs, etc.
Review all loan documents prior to and post-closing to ensure accuracy and completion in accordance with loan approval.
Perform annual, quarterly, or more frequent reviews to assess project performance via covenant testing, if applicable, and risks associated with the project, borrower, and guarantors.
Remain informed of current economic and legislation conditions.
Serve in civic, community and industry related activities, as needed.
Remain current on FDIC, OCC, and State Banking Regulations
Maintains a thorough knowledge of Bank products, services, policies, procedures, and appropriate regulatory issues as related to daily job functions, including but not limited to: Bank Secrecy Act; Privacy Act; Fair Lending Act; Regulation E, etc. Completes required compliance training and adheres to the Bank’s standard of conduct.
Participates in the bank’s High-Performance Rewards Connections program.
Makes referrals to the Mortgage Center and Wealth Management.
Performs other duties as requested.

Position Requirements:

Bachelor’s degree in Business Administration, Finance, Accounting, or a closely related field
Minimum 5 years banking experience with at least 2 years’ credit analysis experience and working with Commercial Underwriters and Lenders or a Master’s degree in Business Administration, Finance, Accounting or a closely related field
Experience assisting Commercial Lenders with high dollar credit amounts
Extensive knowledge of commercial and retail lending services, documentation, underwriting, regulatory guidelines, financial ratios, credit analysis, and lending duties is required
Able to interpret and analyze personal and business tax returns/financial statements
Ability to calculate complicated financial ratios and apply accordingly
Excellent communication skills both orally and in writing, read, analyze, and interpret general business periodicals, professional journals, technical procedures or governmental regulations
Ability to write reports and business correspondence
General computer and typing experience with Microsoft Office Suite, to include Excel, Word, and Outlook
Must possess attention to detail
Work outside of regular business hours, as deemed necessary
Ability to handle multiple tasks with daily deadlines.
BankPlus is an Equal Opportunity Employer and does not discriminate in hiring or employment on the basis of race, color, religion, national origin, citizenship, gender, marital status, sexual orientation, age, disability, veteran status, or any other characteristic protected by federal, state, or local law. We maintain a drug-free workplace and perform pre-employment substance abuse testing.