Participation Portfolio Manager lll

About Us:

Are you someone who seeks opportunity and has a true desire to grow your career with an organization that has enriched the lives of its clients and communities in the Greater Washington region for more than 150 years? If so, Sandy Spring Bank may be the perfect fit for you!

It is our employees who play an integral role in shaping who we are as a company and upholding what matters most to us: people and relationships.

We are proud to offer those, and so much more, making Sandy Spring Bank a remarkable place to work and build a career.

About the Job:

Portfolio Manager is primarily responsible for monitoring lending relationships to detect any deteriorations; Monitoring loan covenants and performing Portfolio Reviews; Preparing problem loan reports; Underwriting for Loan Approvals for new loan requests and existing relationships; In addition, participates in the screening of opportunities as needed to support and grow portfolio while maintaining satisfactory asset quality and sufficient returns.

MAJOR JOB ACCOUNTABILITIES:

1. UNDERWRITING (35%)

Performs financial analysis of borrower and determines strengths and weaknesses. Prepares Modifications, Portfolio Reviews and Watch List Reports with input from the CRM; Collaborates with RM to obtain answers from Bank Alliance and obtain additional financial information needed to complete a loan package; PM completes the Credit Package and forwards package to obtain necessary signatures for approval.

1. PORTFOLIO MANAGEMENT (35%)

Provides follow-up assistance on collecting past due financial statements as needed. Demonstrates understanding of loan rating system and properly grades loans.

1. BUSINESS DEVELOPMENT (20%)

Additionally, assists in reporting on the Bank Alliance program to Sandy Spring Bank internal partners when enlisted by the Relationship Manager.

1. LOAN CLOSING/ PROCESSING (10%)

For renewals, PM assists RM and PA, when needed, to ensure all procedures are followed and due diligence is performed. For any loan renewals outside of the Bank Alliance program, PM determines if real estate is involved and type of property valuation report to be ordered RM and PM are responsible for reviewing externally prepared documents; PM acts as back up in closing loans and witnesses borrower executing documents, as needed.

Required Skills:

1. Position requires a seasoned, professional level of knowledge and skill gained through broad experience in commercial banking combined with a thorough understanding of commercial banking concepts and practices with an emphasis on middle market lending. In depth knowledge of commercial underwriting guidelines and related regulations. Level I, II, and III will be commensurate with related work experience, demonstrated performance ability, and size and complexity of assigned portfolio. Level I will require a minimum of 5 years of related work experience.
2. Ability to utilize standard PC based software to prepare correspondence, reports, and other documents as needed.
3. Strong communication, analytical and presentation skills are needed to effectively work with clients to explain products and interpret policy. Inter-personal skills are needed to maintain positive rapport with internal contacts. Strong organizational skills are required. Must prioritize multiple duties while attending to detail.
4. Various situations require a substantial degree of analysis, interpretation and evaluation. Situations encountered include facts, issues and circumstances, which are significantly different from those previously addressed. These situations call for the consideration of alternative courses of action and of their consequences before taking or recommending further action.
5. Position makes decisions within the framework of practices and procedures and/or precedents or well-defined policies.

SPECIFIC PHYSICAL REQUIREMENTS:

Work requires reasonable mobility in and around the work area. Ability to use standard computer and phone systems is required. May need to attend off site meetings throughout SSB footprint.

WORKING CONDITIONS:

1. Normal office environment where there is almost no discomfort due to temperature, dust, noise, or other disagreeable elements.
2. Work includes little or no potential exposure to hazardous conditions.
3. Must be able to travel to remote company and/or client locations.

The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required of personnel so classified.

Compensation Information:

At Sandy Spring Bank, compensation is one part of our total rewards package. Compensation within the range will depend on your skills, qualifications, education, experience, and location. Additionally, full-time and part-time positions may be eligible to participate in department or company-wide incentive plans.

Additional Information:

Sandy Spring Bank provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.

This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.

If you require a reasonable accommodation to apply for a position, please call our job line at 1-800-399-5919 and select option 5. Requests are considered on a case-by-case basis.

Sandy Spring Bank partners with various job boards to advertise our openings. Please visit our website, www.sandyspringbank.com to confirm the validity of the job posting to avoid any potential fraudulent activity. We encourage and recommend all candidates to apply via our website.

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