WhitePlainsRecruiter Since 2001
the smart solution for White Plains jobs

Manager, Commercial Banking Portfolio Mgmt

Company: Sterling Bancorp
Location: White Plains
Posted on: June 6, 2021

Job Description:

Are you highly motivated, detailed oriented and passionate about preparing for your career? Then we are looking for someone just like YOU to join our team!

We look for people who can dream, think, create and grow. Our culture thrives on embracing and rewarding imagination and is characterized by an unwavering commitment to high achievement. We pride ourselves on sharing ideas, diversity of thought and embracing dedicated, talented and driven individuals who value honesty, integrity and go above and beyond. As we continue to grow we need YOU to meet our demands for success.

Why Us?

We have developed and executed differentiated strategies that are helping us thrive in a rapidly changing industry.

There is no shortage of talent - we work hard to make Sterling an employer of choice.

None of the bureaucracy found in larger banks - open door policy with all executives.

One Dream, One Team, One Purpose, One Culture

Our Single Point of Contact model ensures every client and colleague feels valued and knows who to reach out to for specific guidance. Our purpose is to use the power of banking to move our company forward. We believe in a fair, ethical, and sustainable future-one where everyone thrives on a compliant and level playing field.

We are a results-driven culture, with a keen focus on collaboration acceleration. We work hard, We win as a team, and We honor the diversity of skills brought by the collective.

What's in it for YOU

We aim to help you figure out exactly where you see yourself in our business. Whatever your passion, we will support you in getting the skills necessary to make your mark.

Sterling National Bank is looking for a Manager, in our Commercial Banking Portfolio Division, to assist with the management of the team's sales and service efforts, to ensure the retention and or deepening of existing relationships as well as the growth of new relationships. You will be responsible for all portfolio administration for the assigned lending teams, maintaining high quality loans through the support of underwriting and portfolio administration functions.

  • Provide financial analysis and underwriting for new borrowers as well as annual reviews and routine renewals of maturing and conforming loans; complete new credit offering memorandum and include all data/information requirements up to the executive summary which includes the evaluation and recommendation of credit actions.
  • Manage financial tickler report, ensuring timely production of request letters, receipt and initial review of required financial information, and advice to lending personnel, as well as production of appropriate file entries or determination of action plans.
  • Support Commercial Banking Relationship Managers with necessary actions required for the preparation and management of Commercial Loan Risk Rating memoranda, Commercial Loan Portfolio reviews, Construction Loan Report reviews, FASB 114 forms, Criticized/Classified reports, and the PIM process.
  • Maintain appropriate client collateral control procedures including monitoring the receipt of borrowing base data and compliance.
  • Develop and utilize expertise with pricing model; run scenarios.
  • Approve or obtain proper approval of overdrafts/uncollected loans as well as other accounts within limits of lending authority.
  • Ensure compliance with all regulations, policies, and procedures.

Who We Want

  • For this position, you must have at least 5 years of experience in commercial loan underwriting.
  • Candidates with advanced degrees (Associates, Bachelor's, and/or Master's) preferred, yet a High School diploma or GED is required. Candidates with some combination of coursework and experience, or else extensive related professional experience, are eligible for consideration.
  • Knowledge of credit and financial analysis techniques.
  • Knowledge of banking regulations, lending policies, procedures and techniques and well demonstrated understanding of loan risk factors.
  • Strong verbal and written communication skills.
  • Strong analytical skills and strong negotiating skills.

At Sterling National Bank, we rely on diversity of culture and thought to deliver on our goals. To ensure this we seek talented, qualified people for all of our career opportunities, regardless of race, color, sex/gender, including pregnancy, gender identity and expression, national origin, religion, sexual orientation, disability, age, marital status, veteran status, or any other protected classification under federal, state and/or local laws. Sterling National Bank is proud to be an Equal Employment Opportunity/Affirmative Action Employer providing a drug-free workplace.

All Applicants must be eligible to work in the U.S. without company sponsorship, now or in the future, for employment-based work authorization. H1-B and green card sponsorship is not available for any position and we will not consider F-1 visa holders with Optional Practical Training (OPT) who will require H-1B status, TNs, or current H-1B visa holders for employment opportunities.

All offers for employment with Sterling National Bank are contingent on successful completion of background investigation, including drug and fingerprint screening.

Keywords: Sterling Bancorp, White Plains , Manager, Commercial Banking Portfolio Mgmt, Other , White Plains, New York

Click here to apply!

Didn't find what you're looking for? Search again!

I'm looking for
in category
within


Log In or Create An Account

Get the latest New York jobs by following @recnetNY on Twitter!

White Plains RSS job feeds