Job Description
EAGLEBANK OVERVIEW:
Eagle Bancorp, Inc. headquartered in Bethesda, MD, was incorporated in 1997 to serve as the bank holding company for EagleBank. Eagle Bancorp is a publicly traded company under the symbol EGBN. EagleBank commenced banking operations on July 20, 1998, and currently operates 20 banking offices: six in Suburban, Maryland, five located in the District of Columbia; and nine in Northern Virginia. The Bank was founded to specifically address the business and personal needs of local business owners. It has been answering and exceeding those needs for over 20 years, providing custom financial solutions, local access to senior management, quick response, local decision-making, and a deeply-rooted dedication to the local community.
Our Mission is to be the most respected and profitable community bank by putting relationships first to the delight of our customers, employees, and shareholders, and relentlessly deliver the most compelling service and value. Eagle Banks Values are: Relationships FIRST: Flexible, Involved, Responsive, Strong, and Trusted.
GENERAL SUMMARY:
The Portfolio Manager II, in conjunction with one or more C&I Relationship Managers (RM), actively manages, services and grows each assigned loan portfolio. The Portfolio Manager II, under limited oversight, drives the credit process by facilitating the collection of financial information from clients and prospects, overseeing the credit analysis and underwriting of credit, preparing and submitting credit packages for the approval of new loans and for the renewal of existing loans, working with the Relationship Manager(s) to draft term sheets/loan proposals, reviewing loan documents, both internally and attorney prepared, for accuracy prior to loan closing and the day-to-day management of upcoming maturities, past dues and documentation exceptions.
MAJOR DUTIES AND RESPONSIBILITIES:
- Takes independent responsibility for the credit process.
- Ensures that all loans are reviewed or renewed prior to the maturity or reaffirmation date.
- Proactively engages the banks Credit Department to coordinate the credit analysis and underwriting of loan transactions.
- Maintains timeliness and accuracy of credit analysis and underwriting work product.
- Ensures the accuracy of credit packages prior to completion and submission to the appropriate approver.
- Actively escalates any credit quality issues or deficiencies within 24 hours of identification.
- Maintains consistent customer contact (Owner, Principal, Controller, CFO, or CEO), to obtain requisite credit information.
- Coordinates with internal and external parties (appraisers, environmental engineers, attorneys, title companies) to close and modify loan transactions.
- Works with the relationship team to mitigate past dues and exceptions.
- Reviews and signs off on advance requests and borrowing base reports.
- Participates on phone calls and/or face to face meetings with prospective and existing clients.
Required Education/Experience:
- Bachelors Degree in business administration, finance, accounting or related field required; 3 additional years of commercial credit underwriting and analysis experience may be substituted for bachelors degree.
- 3 years of commercial credit analysis, portfolio management and customer service experience required; advanced degree accepted in lieu of some work experience.
- Adept in financial statement analysis
- Successful completion of web-based credit training through RMA, Omega or similar programs may be required within six months of hiring.
Required Knowledge & Skills:
- Proficient in credit underwriting, including cash flow and collateral analysis
- Proven ability to identify sales opportunities within a commercial loan environment
- Intermediate skill level in Microsoft Word, Excel and Outlook. Familiarity with bank Customer Relationship Management (CRM) systems
- Working knowledge of Moodys Risk Analyst or equivalent
- Good communication skills
- Strong knowledge of credit underwriting, including cash flow and collateral analysis
- Ability to identify strengths and weaknesses and mitigates
- Proficiency in Microsoft Word, Excel and Outlook.
Preferred Education/Experience:
- Experience structuring and pricing loan transactions to achieve organizational goals preferred.
- MBA or Masters Degree preferred
Preferred Knowledge & Skills:
- Bank product knowledge preferred
- Knowledge of Asset Based Lending, Government Contract Lending, and/or Special Assets, and varying credit structure
- Ability to work on several loan requests simultaneously