We are looking for a Portfolio Analyst to join our Greenville Market !
The Portfolio Analyst provides leadership and support to the commercial and consumer lending group with respect to credit underwriting, annual credit reviews, renewal management, compliance, loss mitigation, and quality control monitoring of new and existing customers. This role supports First Reliance Bank's "client first" focus by providing customers with exceptional service. This is a great opportunity that requires you to act as a liaison between our credit administration and loan operations team to ensure loan portfolios are managed within policy and procedural guidelines.
Core Responsibilities: Credit Analysis/ Loan Underwriting: Upon request, provide the Lending Team with analytical support of loan requests, including creation of financial spreads, industry analysis, and underwriting support. (Partial or full credit memos for new loans and loan renewals) Financial Spreads are to be prioritized and completed within 5 days of full financial package delivery, and the total completion goal is 2 days. Full credit memo requests shall be managed on a case-by-case basis working closely with a loan officer. Knowledge of lending policies and procedures, loan agreements, assumptions, accounting, loan structuring, and collateral procedures. Knowledge of Bank's products and services. Quality Control: Coaches loan officers on correct loan structuring in conjunction with management team Ensures the administration of loans assigned is in compliance with credit policy, bank procedures, and commercial/regulatory guidelines. Facilitate renewal process working with operations, loan officers, and the credit department to ensure timely completion of renewals Complete annual reviews within 30 days of review date and receipt of financial information. Ensure there are no material findings from audit reviews with management team collaboration. Co-ordinate with loan officers to complete site visits. Watch loan improvement plans- assist loan officers with creating an action plan to determine deficiencies and risk grade issues. Develop plans to improve the asset or prepare next steps in the collection process. Provide monthly, quarterly, and annual monitoring as necessary and follow up on violations. Assists with construction/loan draw monitoring. In Underwriting process, denote all loan documentation and technical exceptions. As financial statements are received for credit analysis/underwriting, facilitate the capture and correct filing in the Bank's central file. (For existing borrowers with CIF profile) Knowledge of various federal regulations including Bank Secrecy Act, Community Reinvestment Act, Americans with Disabilities Act, Right to Financial Privacy Act, Gramm-Leach-Bliley Act, Regulation E, and US PATRIOT Act. Role Specific Competencies: Adaptability/Flexibility Adapts to change, is open to new ideas, takes on new responsibilities, handles pressure, and adjusts plans to meets changing needs. Creativity/Innovation Generates new ideas, challenges the status quo, takes calculated risks, supports change, encourages innovation, and solves problems creatively. Tech Savvy Has awareness of, researches and adopts effective technologies that improve the bottom line and works well with existing tech resources. Minimum Requirements: College degree with a background in financial management with some formal training in accounting. Strong written and verbal communication with the ability to coach lending associates on process and policy requirements. Expert level Excel skills Strong underwriting experience Strong understanding of FRB credit risk policy, loan operations (both consumer and small business loans), and First Reliance Bank's Compliance Policy. Ability to prioritize multiple competing tasks. Strong customer communication skills via various channels (i.e. email, letter, etc.) keeping true to First Reliance Bank's brand and quality standards.
