SBA Portfolio Manager II

Job DetailsJob Location: Remote Opportunity Available or On-site - Fishers , IN 46038About the Position: As the Small Business Administration (SBA) Portfolio Manager II, you will service existing loans, conduct/underwrite annual reviews, and respond to servicing action requests from both internal and external customers. You will also monitor the overall health of the portfolio by assessing credit risk within the individual loan files and recommend the appropriate grade/action accordingly. Your primary goal is to identify, assess, and mitigate risk to protect the Bank's SBA guarantee. What You Will Do: Focus on loans that have an adverse rating of 6-Monitor or above Analyze available annual and quarterly financials from borrowers within the SBA Portfolio to ensure an accurate risk assessment is applied to each borrower during the renewal and annual review process Analyze global cash flow of existing borrowers and guarantors, identify financial condition, profitability, repayment ability, and operating trends. Determine if there are any financial indicators that point to current or potential stress within the business or guarantor's financial situation Identify appropriate risk in credit quality, and initial attempt to bring credit back into good standing. If credit cannot be, conduct file review to prepare it to be transferred to the Special Assets Group (SAG). Assist in collection of pertinent information needed to underwrite basic servicing actions, to include requests for modifications to the original terms of the loan, or the replacement/release of collateral; and recommend a course of action that fits within Bank policies and procedures and is in accordance with SBA SOP 50 57 Underwrite enhanced servicing actions of a more complex nature, including note modifications, assumptions, changes in legal structure, deferments, and or maturity extensions as needed Assist in the preparation and delivery of quarterly Problem Loan Reports to management Conduct in person interviews/site visits with borrowers who have exhibited stress, and or that have had an adverse event occur Maintain Financial Review Status log, Servicing action log, and Financial Statement Checklists that serve as financial ticklers Assist in conducting a “Risk Analysis” on loans within the SBA portfolio that are risk-rated "Special Mention," "Substandard," or "Doubtful." Includes analyzing current financial and structural information about the business, with a goal of determining the long-term viability of the company. Review and monitor documents for collection efforts as needed for insurance and real estate taxes and payoff and collateral releases Assist in managing past due and maturing loans Recommend and model appropriate loan structure for new and existing loan relationships Ensure customer records are maintained and updated in the core platforms including PCFS solutions, “Loan Manager”; nCino, and other banking platforms as required Provide daily exceptional customer service to both internal and external customers Keep current on Bank policies, SBA policies, laws and regulations that govern commercial lending Cross-train and assist Servicing department as needed Assist in guiding and training lower level/junior positions as needed Perform other duties as assigned What We’re Looking For: Minimum of three years of direct experience in a commercial lending portfolio management setting with one year of relevant SBA Portfolio management or credit experience required Proven knowledge of the SBA SOP's 50 57 and actions as outlined in the 7a Servicing and Liquidation Actions is required Ability to multi-task and manage a multi-loan volume pipeline Knowledge and skill set in MS Office (Word, Excel, Office, etc.), Skype, and Zoom. Experience in Loan platform systems of E-Tran, nCino and PCFS is also preferred Working Conditions/Demands: Professional office setting. Primarily sedentary position requiring long periods of time working at a computer. Must be able to move throughout the office and buildings to obtain or relay information. Must be able to perform the essential functions of the position with or without reasonable accommodation. Who Are We? We’re not just another bank and we’re not looking for just another employee. Since 1999, First Internet Bank has been dedicated to finding a better way to bank and doing things that have never been done before. Yes, we really were the first state-charted, FDIC insured bank to operate entirely online and we have been leading the way ever since. We seek the game changers, the innovators…those who challenge the status quo because change really is the only constant. Ready to join a team of imaginative, driven individuals like you? It’s your career, you deserve to imagine more. Keep reading, we think you will like you what see. More about First Internet BankWhy Join Us? Our success has been driven, in part, by four core competencies – customer focus, teamwork, adaptability and initiative. Collectively they define our actions and are at the heart of all we do. As a result, we’ve been fortunate to have been named numerous times as an Indianapolis Star Top Workplace and one of the Best Banks to Work For! Headquartered in downtown Fishers, our newly-built, state-of-the-art 175,000 square foot facility headquarters was designed with our team in mind and features an 18,000 square foot open air deck named “The Backyard”, with fire pits, covered pergola, waterfall and foliage to create a momentary escape from the work day. Beyond that, the onsite fitness center with the latest equipment and ergonomically-designed workstations help promote health and wellness. Have we mentioned free snacks, soft drinks and beer available on tap? Want more? How about unlimited volunteer time off and social events to bring us all together to have some more. Why just imagine more, take the “first” step and apply today. Our benefits package includes the following and so much more: Medical, Dental, and Vision Insurance for Full-Time employees - Eligibility begins on day one of employment 401(k) Retirement Plan with Generous Match for Full-Time and Part-Time employees - Eligibility begins on day one of employment Professional Development Reimbursement At Least 3 Weeks Paid Vacation Annually - For New Employees, Paid Vacation is Adjusted Based on Start Date Eleven Paid Holidays Paid Volunteer Time Annual First Internet Bank-branded merchandise allowance Equal Opportunity Employer - Women, Minorities, Veterans and Individuals with Disabilities If you are a California resident, you may be entitled to certain rights regarding your personal information. Additional information about our data collection practices and location specific notices is available on our privacy policy. Click here to read more. The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c). Click here to read more. Apply tot his job Apply To this Job