Portfolio Assistant I, II

Reports to: Loan Review Manager

Functions Supervised: None

Primary Functions: Monitor, collect and track financial information on new and existing borrowing relationships. Also responsible for managing and maintaining database relating to financial reporting requirements, annual loan reviews, collateral inspections and financial covenant testing

Duties and Responsibilities:

1. Responsible for monitoring, collecting and tracking financial information from borrowers and guarantors for lending relationships with financial reporting requirements.
2. Responsible for creating and sending correspondence to members requesting required financial information and follows up with loan officers and members directly.
3. Orders, manages and tracks the receipt of annual collateral inspections on both real estate and equipment when required by policy.
4. Responsible for the tracking, monitoring and management of borrower due on demand, commercial lending, and remote deposit capture annual reviews and covenant compliance.
5. Assists tracking of legal fees related to the management of criticized and classified loans.
6. Responsible for management and maintenance of monthly and quarterly reports to include: new loans booked, change in terms, maturing loans, past due financial information and aggregate exposure.
7. Orders and tracks appraisals requested by loan officers.
8. Performs ongoing imaging of all financial information including quality review, participations and special credits documents.
9. Maintains a solid understanding of lending software and loan policy as they relate to business and commercial lending.
10. Performs other duties as assigned.

*AKUSA*

Education: High school graduate or equivalent with Associate’s degree in Business Administration or related field preferred.

Creditable Experience in Lieu of Education: Minimum of 2 years of business or commercial lending experience or comparable portfolio monitoring or loan servicing experience.

Experience/Skills: Strong organizational skills with the ability to work independently. A basic understanding of personal and business financial statements, interest calculations and loan documentation. Ability to respond to inquiries or issues from members, regulatory agencies, or business community participants. Must demonstrate solid written and verbal communication skills and the capability of managing multiple tasks and responsibilities. Needs to have strong computer skills including Excel, Word, Outlook and Advisor.

Tenure: Portfolio Assistant II, Category 12, requires a minimum one year tenure in the Portfolio Assistant I, Category 13, position with performance that meets or exceeds expectations. Promotion requires recommendation by the supervisor or manager. Directly related work experience and/or accelerated training completion may be substituted for tenure.

Equal Opportunity Employer

*AKUSA*