Sr. Portfolio Manager (Irvine)

Sr. Portfolio Manager (Underwriter)

Mechanics Bank is currently searching for a Sr. Portfolio Manager (Underwriter) to join our team. Here at Mechanics Bank, we value connection, partnership, long term relationships and working together in person. This role will be working on-site in our Seattle, Tacoma, or Irvine offices.

Responsible for managing and servicing a portfolio of assigned commercial loan and / or commercial real estate relationships. Responsible for all aspects of commercial lending portfolio management, monitoring covenant compliance, loan performance and financial statement analysis, property performance analysis, referrals, and cross selling Bank products and services in support of client retention and portfolio growth. Work directly with customers and internal resources to negotiate loan renewals, modifications and retention of loans at risk of payoff to meet portfolio retention objectives.

What you will be doing :

• Monitors reporting and commercial client portfolios to assess ongoing credit quality, timely address past due and maturing loans, address documentation and collateral exceptions, ensure financial performance updates, assess portfolio profitability, and review and address other key portfolio performance and compliance factors.
• Monitor covenant compliance, review operating statements, tax returns, borrower and guarantor financials, property financials, monitor and report on overall loan portfolio performance. Prepare annual review analysis, including risk rating recommendations, and coordinate approval with Credit Administration. Perform site visits as required.
• Collaborates with and assists Relationship Managers in cultivating cross-sell opportunities and credit requests. May participate in face-to-face client calls as part of the Commercial Banking team.
• Maintains and promotes existing client relationships and portfolio growth. Proactively identifies loans at risk of payoff and develop strategy to retain relationships. Maintains a solid understanding of client's current and potential needs and opportunities to expand relationship.
• Analyzes portfolio for trends. Manages to pre-determined metrics for loan / deposit ratios by identifying opportunities for selling products.
• Maintains product knowledge of all relevant Bank products, and the established processes and procedures necessary to successfully deliver them to clients. Participates in industry, civic, and community events to build a network of referral sources and to generate business leads.

Who you are :

Salary : $91,620.00 - 164,900.00 annually

AIP / Bonus : up to 20%

Our comprehensive employee benefits program is designed for you to live your best life at work, home, and everywhere in between. Employees working 25 hours or more per week are eligible for health benefits effective the first day of the month following or coinciding with their date of hire. Benefits package includes :

Final compensation package will be determined by the work experience, education, and / or skill level of the applicant along with internal equity and alignment with geographic market data.