VP, Commercial Portfolio Management

Soqquadro Italiano
Winston Salem, NC
Description

ALLEGACY FEDERAL CREDIT UNION

Position Description

POSITION TITLE: VP, Commercial Portfolio Management

REPORTS TO: VP, Sr. Commercial Credit Officer (SCCO)

Role Accountability

At Allegacy, there’s a common thread that runs through all of us. It’s our commitment to doing right and our promise to members to always do the right thing for their wellbeing. Every employee in our organization is accountable to living out our brand in meaningful ways as our promise motivates our beliefs, our behaviors, and the benefits we share together. The ideal candidate will possess a strong background in commercial credit analysis, leadership and team development, portfolio management, risk assessment, and financial modeling.

Major Duties And Responsibilities

  • Responsible for partnering with business relationship management teams and other credit union departments to ensure desired results. Oversee the evaluation and management of creditworthiness of commercial clients, ensuring sound risk management practices, oversee commercial support areas to ensure that processes are adequate to ensure comprehensive risk management
  • Lead and develop team of junior underwriters and portfolio managers to their highest potential by identifying their areas for improvement and appropriately coaching, training or correcting the employees’ performance.
  • Train and supervise staff.
  • Participate in and lead training for lending teams and branch staff to educate and enhance knowledge of business and deposit services.
  • Work with confirmed loan authority (reviewed annually).
  • Provide a high degree of mastery of credit underwriting and structure.
  • Call on existing clients to maintain productivity and profitability in lending and non-lending relationships.
  • Counsel Business Services Officers regarding cash flow, risk analysis, loan structure, and resource referrals.
  • Identify problem loans and direct this to the Chief Operating Officer in a timely fashion.
  • Manage the commercial portfolio of the Credit Union.
  • Assist in the development, origination and management of loans.
  • Demonstrate mentoring regarding loan structure, eligibility, credit issues and underwriting to members of the commercial banking department.
  • Ensure and manage the portfolio for accurate loan documentation, exception issues and loan processing in accordance with NCUA regulations and standard operating procedures and Allegacy Lending policy.
  • Uphold compliance with all policy requirements regarding the loan portfolio.
  • Prepare memos, cash flow analysis, structuring, and administrating the closing process of a loan.
  • Work with Senior Management, SVP of Business Services, and Loan Officers in, client management, integrated relationship management, special asset management and credit underwriting.
  • Develop, approve, and service loans for business and individual clients within limits of personal and committee authority.
  • Interview applicants to develop financial and credit information, to ascertain needs, abilities, earnings, and risk; request necessary information, such as financial and operating statements.
  • Evaluate and extend credit and terms in accordance with policy and lending authority.
  • Prepare and present/recommend to higher authority, individual, or committee any loans in excess of authority.
  • Assume responsibility in participating in the review of the Credit Union loan portfolio conducting cross sectional analysis and stress testing. Prepare reports as requested.
  • Monitor loans to ensure continuous conformity with terms and to keep abreast of changing business and economic developments that impact the loan portfolio, its profitability, and credit union/banking in general.
  • Identify and market non-credit services by partnering with Financial Services Specialists in sales meetings, client and prospect calls, and developing and delivery of custom solutions.
  • Service delinquent and special asset accounts as required.
  • Responsible for exceptional member service to every member, every time by ensuring employees deliver consistently high-quality service to both internal and external member that is in alignment with our Brand Culture.
  • Demonstrate enthusiastic support of corporate mission, core values and long-term objectives. Performs job duties within our bylaws, regulations, Board of Directors policies, established internal and external service standards and our work procedures.
  • Must possess effective knowledge of the credit union’s products and services.
  • Ensure understanding of the Performance Management system and company-wide objectives.
  • Completion of all required compliance training.
  • Meet or exceed established service goals.
  • Be available to serve on the Member Business Internal Loan Committee as a voting member.
  • Represent AFCU in the communities we serve by actively participating in civic affairs and local and professional organizations to enhance AFCU’s image.
  • Assume additional responsibilities as requested.

Requirements

EDUCATION/EXPERIENCE:

Education required: 4-year college degree in Business or related area from an accredited college or university, and related training, such as: Commercial Bank Lending School (or similar program

Experience Required: Minimum of 10 years commercial lending.

Previous experience in a senior credit officer role or similar capacity is highly desirable.

Strong financial analysis and modeling skills.

Excellent understanding of commercial lending practices, regulations, and risk management.

Effective communication and presentation skills.

Ability to make informed and timely credit decisions.

Bachelor's degree in finance, accounting, or a related field. Advanced degree (MBA, CFA) is a plus.

Knowledge/Skills/Abilities Required: Strong relationship building skills. Must be able to demonstrate a very strong understanding and comprehension of credit underwriting and finance, excellent negotiation skills and extensive knowledge of PC applications, to include excel and PowerPoint. Proven ability to create and work well in a teamwork environment. Excellent phone, oral, written and presentation skills. Must be able to travel as necessary, and project a positive and professional image of Allegacy Federal Credit Union.
Posted 2025-08-07

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