Altabank, the largest community bank in Utah, is hiring a Portfolio Manager at our Salt Lake branch.

ROLE:

With direction and supervision from department head, provides direct support to Relationship Manager(s) to develop and analyze all relevant credit information pertaining to a wide range of loans. Prepares or assists in the preparation of Credit Authorizations in accordance with the Bank’s policies and procedures for presentation to senior credit personnel and/or credit committees. Prepares detailed collateral analysis and coordinates appraisal and third-party analysis. Spreads and analyzes financial statement information to determine financial capacity of borrowers. Prepares thorough analysis of business and/or personal financial statements, and presents facts and is expected to provide personal analytical opinions, as appropriate, concerning creditworthiness of existing borrowers and prospects.

RESPONSIBILITIES:

• Commercial loan underwriting: Analyze business and personal tax returns and financial statements, identify trends and concerns, and work closely with assigned loan officer and customers to understand and mitigate credit issues
• Prepare financial reports using spreading software
• Provide informed professional opinions to bank officers regarding applicants financial/credit status, suggest loan structures, and support the lending process
• Manage and maintain loan files
• Prepare spreadsheets and detailed written reports (loan write-ups) to be presented in loan committee meetings for approval for both new and renewal loans
• Determine value of collateral; review independent appraisal reports
• Monitor insurance requirements on loan collateral
• Complete loan monitoring through tracking loan maturities, prepare needs list and communicate with borrowers to obtain timely collection of financial information, ongoing covenant testing/monitoring, and borrowing base calculation
• Analyze/recommend line draws as requested by loan officer
• Assist with construction loan draws: verify budget availability, invoices, and inspections
• Collect past due accounts as requested by loan officer
• Assist with customer calls and marketing efforts as requested
• Work with loan applicants to develop loan package as requested
• Assist in the preparation of draft term sheets and commitment letters as requested
• Maintain knowledgeable of and able to promote bank products and services
• Work closely with assigned loan officers in a team environment

REQUIREMENTS:

• Bachelor's degree (BS or BA) preferably in Finance, Accounting, or related field
• Five or more years of similar or related experience including experience with credit systems and preparing loan committee presentations

KNOWLEDGE AND SKILLS:

• Excellent analytical skills
• Good organizational skills
• Detail oriented
• Strong proficiency in Microsoft Excel and Word
• Strong verbal and written communication skills
• Courtesy, customer service and tact are essential elements of the job; Work involves much personal contact with others inside and/or outside the organization for purposes of giving or obtaining information, building relationships, or soliciting cooperation

We offer competitive pay based on experience, excellent full benefit package, paid time off, and holiday pay.

Schedule: Monday-Friday 8:00-5:00.

While performing the duties of this job, the employee is often required to: sit; use hands in repetitive motions to finger, grasp, handle or feel; and talk or hear. The employee is occasionally required to: stand; walk; and lift or reach with hands and arms.

Must be able to operate routine office equipment including computer terminals and keyboards, telephones, copiers, facsimiles, and calculators. Must be able to routinely perform work on computer for an average of 6-8 hours per day, when necessary. Must be able to work extended hours or travel off site whenever required or requested by management. Must be capable of regular, reliable and timely attendance. Must be capable of climbing / descending stairs in an emergency situation.

Specific vision abilities required by this job include: The worker is required to have close visual acuity to perform an activity such as: preparing and analyzing data and figures; transcribing; viewing a computer terminal; extensive reading; visual inspection involving small defects, small parts, and/or operation/inspection of machines and/or using measurement devices at distances close to the eyes.

Glacier Bancorp, Inc. is a regional bank holding company headquartered in Kalispell, Montana with assets greater than $12 billion, operating in numerous community bank divisions across 8 states (Montana, Idaho, Utah, Washington, Wyoming, Colorado, Arizona and Nevada). We pursue a community banking philosophy, emphasizing personalized service combined with the full resources of a large banking organization. Over the years, Glacier Bancorp has received numerous awards for stability and soundness, and has repeatedly ranked among the top 10% in the nation for financial strength.

We are an Equal Opportunity Employer and qualified applicants or employees will receive consideration for employment without regard to race, color, religion, national origin, sex (including pregnancy), sexual orientation, gender identity, mental or physical disability, age, genetic information, protected veteran status, or any other category protected by applicable federal, state or local laws.