Business Banking Portfolio Manager

Description:

River Run is a shared services organization that supports banking affiliates, Newburyport Bank, Pentucket Bank and Rollstone Bank & Trust.

The Business Banking Portfolio Manager is responsible for managing and growing a portfolio of small business loans, with a focus on SBA-guaranteed products. This individual serves as the SBA subject matter expert, ensuring compliance with SBA SOPs and helping structure sound credit facilities. This role includes both portfolio management and credit review for new loan requests.

• Manage and monitor a portfolio of SBA and conventional small business loans
• Review financial statements, tax returns, and other borrower documentation for new loan requests to assess creditworthiness and structuring
• Serve as the SBA program SME- ensuring eligibility, documentation and closing requirements are fully met.
• Conduct periodic portfolio reviews to identify risk trends and recommend corrective actions, when necessary.
• Build and maintain strong client relationships to support retention and growth goals.
• Stay current on SBA policy updates, industry trends and regulatory changes.
• Ensures renewals are approved/booked or extended prior to expiration/maturity.
• Prepares internal and external documents including term sheets, application submissions, appraisal bid requests, call memos, commitment letters, post-closing memos and loan modifications.
• Aligns with the CLA(s) regarding overdraft decisions and follow-ups as needed.

• Bachelor’s degree required with a major in accounting, finance, economics or business administration preferred.
• Three years experience in credit or related field required or equivalent combination of education and/or related experience.
• Basic prior experience with loan origination software (LOS) preferred.
• Basic knowledge of commercial deposit/treasury products.
• Demonstrated proficiency with office software including word processing, spreadsheet, presentation and mail applications.
• Excellent oral and written communication skills.
• Professional demeanor and maturity needed to work closely with customers, employees and vendors.

River Run Services, LLC is an Equal Opportunity Employer and all qualified applicants will receive consideration for employment without regard to race, color, ancestry, national origin, gender, sexual orientation, marital status, religion, age, disability, gender identity, results of genetic testing or service in the military.

If you are an individual with a disability and require a reasonable accommodation to complete the application process, you may contact Human Resources at [email protected] or call 978-462-3136.

The salary range represents an estimate based on market data for this position. Final compensation decisions are made based on experience, skills, and internal equity to ensure fairness and consistency across our organization.