Healthcare Lending Portfolio Manager at ConnectOne Bank

Union, New Jersey, United States -

Full Time

Start Date

Immediate

Expiry Date

05 Aug, 26

Salary

110000.0

Posted On

07 May, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Portfolio Management, Credit Analysis, Financial Statement Analysis, Risk Management, Credit Administration, Compliance Monitoring, Communication Skills, Interpersonal Skills, Conflict Resolution, Microsoft Office, nCino, Google Application Suite, Financial Covenant Compliance, Credit Investigation, Relationship Management, Banking Regulations

Industry

Banking

Description

Description About us: ConnectOne Bank proves that putting people first is a better way to do business. At ConnectOne, we’re builders — of businesses, communities, and equity. Most importantly, we’re building opportunities. Our mission is to ensure our employees feel empowered to make important decisions, reach their potential and truly make an impact. ConnectOne is a growth organization by design; it is part of our DNA and we take pride in seeing our employees grow with us. Founded in 2005 by an entrepreneur, we have grown into a high-performing commercial bank, inspiring a new model for our industry’s future. By embracing technology and all the ways it can help us become a world-class service organization, we support small business owners by fueling their mission. People First is the blueprint for our culture. It is at the foundation of everything we do and the decisions we make. At ConnectOne, you have the opportunity to be a part of a dynamic culture and team. Develop your forward-thinking skills, thrive in an entrepreneurial setting, and succeed at “a better place to be”. ConnectOne Bank is an Equal Housing and Equal Opportunity Lender, and a member of the Federal Deposit Insurance Corporation. About this role: The Healthcare Lending Portfolio Manager will provide portfolio management support for Healthcare Lending Group. They will be responsible for day-to-day management of the portfolio. Monitor portfolio credits, through the tracking, receipt, and periodic reviews of borrowers’ financial statements, to ensure credit-quality, financial covenant compliance, appropriateness of the risk grades, and the integrity of the credit files and commercial loan system. In this role you will: Support the Bank’s “People First” focus and rules of engagement—maintaining a professional demeanor, working as an active member of the CNOB team, providing all clients excellent service, always striving to make CNOB “A Better Place to Be”. Establish and maintain a system for all commercial loan accounts that monitors the receipt of relevant documentation to keep loan files current as to borrower and guarantor financial statements, tax returns, rent rolls, leases and related matters. Maintain and develop as needed customized reporting that provides in depth analysis of the various segments within the commercial loan portfolios including quarterly FASB 114/118 reports for all commercial accounts with notes of $1 million and more as well as all substandard commercial accounts with balances of $200 thousand or more. Assist in the early detection and identification of deteriorating credits and recommend proper course of action. Serve as a liaison with outside loan review service companies. Ensure accuracy and maintenance of customer records and files and updates information as needed. Pay specific attention to credit administration, exception, and risk management based on common metrics. Coordinate with credit department and performs in-depth financial analyses and credit investigations to make credit decisions, online extensions, and other loans. Visit customers independently and with commercial loan officers to maintain strong business relationships and perform periodic inspections at customer sites to audit accounts and ensure adherence to loan agreements and terms. Administer existing loans to ensure complete conformity with terms and adequacy of documentation, including preparation of criticized asset reports and review memos; coordinates with operations and processing areas to ensure loan payments are collected and recorded. Develop new business for the Bank by expanding existing client relationships and bringing new relationships into the Bank. Must haves: Strong “People First” interest and ability. Outstanding communication and interpersonal skills. Familiarity with Bank security and safety practices. Knowledge of CNOB products, services and credit policy preferred. Credit Training. Knowledge of relevant Federal and State banking regulations. Strong management skills. Conflict resolution experience. Proficient with Microsoft Office Applications. Bonus Points For: Working knowledge of the nCino platform. Familiarity with Google application suite. 5-7 years of commercial lending or credit analysis experience. Additional information Benefits: World class health, vision, and dental benefits on day one 401k with employer match Hybrid work from home (depending on role) Employee appreciation events (team building, softball games, food truck days, etc..) Employee assistance programs (EAP) Wellness programs (flu shot, preventive care, health programs and services discounts, etc..) Tuition reimbursement Employee Discount perks CNOB Community Service Events ….and much, much more! Studies have shown that individuals from underrepresented groups, may only apply to roles if they meet 100% of the qualifications. Roles evolve over time, especially with innovation, and you may be just the person we need. We hope you're open to learning new skills and growing with us. We encourage you to apply to continue making us “a better place to be!” ConnectOne Bank is an equal opportunity employer and does not discriminate with respect to any term, condition or privilege of employment based on race, color, religion, sex, sexual orientation, gender identity or expression, age, disability, military or veteran status, marital status, or status of an individual in any group or class protected by applicable federal, state, or local law. ConnectOne Bank also provides reasonable accommodations for qualified individuals with disabilities in accordance with the Americans with Disabilities Act and applicable state and local laws. If an accommodation is needed to participate in the job application or interview process, please contact Talent Acquisition.

Responsibilities

The role involves the day-to-day management of the Healthcare Lending portfolio, ensuring credit quality and financial covenant compliance. Key duties include monitoring borrower financial statements, performing in-depth credit investigations, and maintaining strong client relationships through site visits.