Portfolio Manager III

The Portfolio Manager is responsible for analysis of a client's or prospective client's financial condition to determine the risk of credit extensions and for recommending credit structures to mitigate risks. The PM, working together with the Relationship Manager (RM), prepares the underwriting memo for new loan or lease approvals and annual reviews of existing loans and leases, prepares the loan grading sheets in accordance with credit policy and participates in presentations to Cass executive leadership to obtain approval and to the Executive Loan Committee for review.

PRINCIPAL RESPONSIBILITIES AND DUTIES:

• Performs the credit underwriting function in accordance with credit policy. These duties include, but are not limited to:
• Partners with the RM to interviews clients and prospective clients to obtain information concerning their organization's needs, abilities, capacity, leadership, and growth plans. Information may be obtained by direct inspection of prospect's operation and property.
• Together with the RM, analyzes all available financial information, growth plans, economic trends, leadership (including background checks), and guarantors to determine whether a credit relationship may be an acceptable risk within bank policy.
• Conducts credit checks on businesses and individuals including searches in LexisNexis and Case Net.
• Working with the RM, assures appropriate real estate or equipment appraisals and environmental studies are ordered from Credit Administration in accordance with regulatory requirements.
• In a shared responsibility with the RM, writes the underwriting memo and coordinates the production of the Loan Approval Request (LAR) with the Credit Department
• Together with the RM, recommends appropriate loan structures consistent with risk parameters and loan policy, determines the loan grade on new clients and recommend changes to loan grade for existing clients as their financial condition changes.
• Coordinates the loan documentation process by gathering all organizational documents, relevant personal information and additional information (title work, etc.) for use by loan services department. Prepares on-boarding forms (LDS) as needed.
• Participates in presentations to Cass management to obtain approval and to the Executive Loan Committee for review of credit extensions.
• Monitors existing credit relationships to insure compliance with terms of the Loan Agreement and to recognize and act on any developing trends. Reviews loan quality through statement analysis including a comparison of operating ratios to industry standards, cashflow, and collateral analysis. Together with the RM, recommend loan grade changes when appropriate and when necessary, recommend loans for placement on the Loan Monitor List.
• Creates detailed records and reports of activities by timely entering information into the bank's CRM system (Salesforce).
• Continually looks for opportunities to proactively upgrade and improve CCB's administrative processes, automation and controls.
• Assists Cass Information Systems, Inc. (CIS) business units in identifying and managing risks related to client product and services offerings.
• Assumes additional responsibilities, as required or assigned.

SKILLS AND ABILITIES REQUIRED:

• Strong, well-developed interpersonal skills used in developing a working relationship with potential and current commercial loan clients as well as the ability to work effectively within the CCB team.
• A high level of analytical and collaboration skills to conduct financial and strategic analysis and convey that understanding both internally and with the client.
• Effective communication skills including excellent listening skills and the ability to communicate professionally, both verbally and in writing, with all levels within the organization and externally with clients.
• Knowledge of credit analysis, spreading and analyzing financial statements, credit scoring and loan documentation.
• Ability to work independently with little to no direction and oversight.

MINIMUM LEVEL OF PREPARATION AND TRAINING NORMALLY REQUIRED:

• A technical level of knowledge normally acquired through completion of a bachelor's level program in business administration, finance, or related area or equivalent experience.
• Minimum 5 year of commercial loan analysis experience.

Founded in 1906, Cass Commercial Bank provides sophisticated financial exchange services to its parent company as well as its clients and consistently ranks among the top performing banks in the United States. Cass Commercial Bank, the wholly owned banking subsidiary of Cass, has provided banking products to faith-based and other non-profit entities since 1994. It has more than 250 faith-based and non-profit clients across the United States and has funded more than $1 billion of church expansion projects.