Entry Level Portfolio Manager
- Saint Paul, MN, United States
$23.25 to $28.5 USD / hour
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Job details
- Pay
- $23.25 to $28.5 USD / hour
- Apply by
- Experience
- At least 3 years of experience in commercial collections, special assets, portfolio management, or a related banking credit function.
- Posting language
- English
- Posted
Original job description
We are looking for an Entry Level Portfolio Manager to join a banking team in Saint Paul, Minnesota on a Long-term Contract basis. This opportunity is well suited for someone who wants to build hands-on experience in commercial credit, portfolio oversight, and client support within a collaborative community banking environment. The role centers on maintaining loan portfolio quality, assisting with credit-related review activities, and supporting collection and special assets efforts tied to commercial relationships.
Responsibilities:
- Manage assigned commercial credit relationships by monitoring documentation, tracking follow-up items, and helping keep portfolio records accurate and current.
- Partner with lending and credit teams to review financial information, loan structures, and risk considerations so files are prepared for informed decision-making.
- Support collection and special assets activities for commercial accounts, including workout situations, recovery efforts, and resolution planning.
- Work through delinquent or challenged credits by evaluating collateral positions, coordinating next steps, and helping move matters toward practical outcomes.
- Collaborate with attorneys and internal stakeholders on litigation-related account activity, documentation needs, and credit resolution strategies when required.
- Serve as a reliable point of contact for clients by addressing questions, coordinating with internal departments, and maintaining strong day-to-day service relationships.
- Assist with portfolio reviews, file remediation, reporting tasks, and data cleanup projects to improve overall credit administration and operational consistency.
- Contribute to ongoing loan administration support by reviewing agreements, identifying missing items, and helping ensure files align with internal standards and policy expectations.
- At least 3 years of experience in commercial collections, special assets, portfolio management, or a related banking credit function.
- Working knowledge of commercial credit analysis, financial statements, and loan structures within a banking environment.
- Experience handling collections involving conventional, organizational, or nonprofit commercial relationships rather than consumer auto accounts.
- Ability to manage workout credits independently, assess collateral recovery options, and advance files with limited supervision.
- Familiarity with loan documentation, loan administration practices, and credit file maintenance requirements.
- Confidence working with legal counsel and navigating litigation management processes connected to problem credits.
- Strong organizational skills, attention to detail, and the ability to balance multiple files and deadlines effectively.
- Strong communication skills with the ability to interact effectively with clients and internal banking teams.
More about this job
Skills
- Documentation
- Decision making
- Litigation
- Reporting
- Financial statements
- Organizational skills
- Attention to detail
- Communication skills