Portfolio Manager

Summary

First State Bank is a community bank seeking a Portfolio Manager to manage and monitor commercial loan portfolios. The role focuses on loan performance, credit risk, compliance, reporting, customer relationship support, credit analysis, and special-assets management while supporting Business and Agriculture Banking Officers.

Responsibilities

• Monitor loan performance, identify risk trends, and recommend action plans to mitigate credit risk
• Oversee annual reviews, and borrower communication to ensure compliance and timely reporting. Monitor loan documentation and financial statement exception reports and follow-up to clear up document exceptions in a timely manner
• Collaborate with credit and banking teams to maintain portfolio quality and ensure adherence to bank policies and regulatory requirements
• Prepare periodic portfolio reports for senior management and regulators. Maintain accurate and complete loan files
• Partner with bankers to support client relationships, including attending meetings and assisting with loan structuring. Working directly with the banker, treasury management and other team members to effectively grow fees, deposits, and portfolio revenue by presenting financial solutions to customers, at the direction of the banker
• Assist the credit department when underwriting new and renewed loans, including obtaining financial documentation and other necessary items needed
• Monitor and manage criticized/classified assets, working with internal teams to develop workout strategies when necessary

Skills

• Bachelor's degree in Finance, Accounting, Business, or related field, OR Equivalent experience
• 3+ years of experience in commercial credit, lending, or portfolio management
• Strong understanding of financial statements, credit risk, and banking regulations
• Proficiency in loan software systems and Microsoft Office Suite
• Excellent communication, organizational, and problem-solving skills
• Commitment to community banking values and customer service

Qualifications

Must Haves

• Bachelor's degree in Finance, Accounting, Business, or related field, OR Equivalent experience
• 3+ years of experience in commercial credit, lending, or portfolio management
• Strong understanding of financial statements, credit risk, and banking regulations
• Proficiency in loan software systems and Microsoft Office Suite
• Excellent communication, organizational, and problem-solving skills
• Commitment to community banking values and customer service

Benefits

• This role can be in any of First State Bank's eight locations, hybrid, or remote in the State of Wisconsin