Job summary
Job post source
This job is directly from Popular Bank
Job overview
The Sr. Commercial Banking Portfolio Officer at Popular Bank manages commercial loan portfolios to ensure compliance, support underwriting, and enhance customer service, contributing to growth and profitability.
Responsibilities and impact
The role involves monitoring loan covenant compliance, supporting underwriting for new and existing loans, resolving customer issues, collaborating with relationship managers, managing loan pipelines, and coordinating with legal counsel to ensure proper handling of cases.
Compensation and benefits
The base salary ranges from $151,000 to $165,000 annually, excluding incentives, with benefits including comprehensive health plans, flexible time off, and savings and investment plans for full-time and part-time employees.
Experience and skills
Candidates need a Bachelor's degree in Business Administration or related field and/or 3 years of experience in commercial credit management, with knowledge of banking products, policies, and regulations; formal bank credit training is preferred.
Work environment and culture
Popular Bank values diversity, innovation, community support, and resilience, considering employees essential workers especially during emergencies, with a hybrid workplace in New York City.
Company information
Popular Bank is Puerto Rico's leading financial institution with over a century of history, offering diverse financial services across the US, Caribbean, and Latin America, committed to customer financial solutions and community support.
Job location and travel
The position is based in New York, NY with a hybrid work environment, located near Manhattan and New York City markets.
Application process
Applicants must provide evidence of academic preparation or relevant courses; accommodations for disabilities can be requested via a specified email.
Unique job features
The role is critical in supporting lending teams who are frequently in the field, ensuring consistent service quality and operational efficiency in commercial banking portfolio management.
Company overview
Popular Bank, a subsidiary of Popular, Inc., is a prominent financial institution headquartered in New York City. It offers a wide range of banking services including personal and commercial banking, wealth management, and mortgage solutions. The bank generates revenue through interest income from loans, fees for services, and investment income. Founded in 1893 in Puerto Rico, Popular Bank has a rich history of serving diverse communities and has grown significantly through strategic acquisitions and expansions.
How to land this job
Tailor your resume to highlight your experience in commercial credit portfolio management, underwriting support, and customer service, emphasizing your ability to analyze financial statements, cash flows, and credit risks as outlined in the job description.
Focus on showcasing your skills in covenant compliance monitoring, credit memo preparation, and collaboration with relationship managers and senior leaders to resolve issues and achieve portfolio growth and profitability.
Apply through multiple platforms such as Popular Bank’s corporate career site, LinkedIn, and other job boards to maximize your application visibility for the Sr. Commercial Banking Portfolio Officer role.
Connect with current employees in Popular Bank’s Commercial Banking division on LinkedIn; use ice breakers like referencing recent bank initiatives, commenting on their role in portfolio management, or asking about their experience working in the Middle Market team in New York.
Optimize your resume for ATS by incorporating keywords from the job description such as 'portfolio management,' 'underwriting support,' 'covenant compliance,' 'financial analysis,' and 'loan servicing' to ensure it passes initial automated screenings.
Leverage Jennie Johnson’s Power Apply feature to automate targeted resume tailoring, multi-platform applications, and LinkedIn networking outreach, allowing you to focus your time on interview preparation and strategy.
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