Job Description
Job DescriptionDescription:
Why Torrington Savings Bank?
Looking to grow your career at a place where community, innovation, and opportunity come together? Torrington Savings Bank offers more than just a job—we offer a supportive environment where your skills and ideas can thrive. As a trusted financial institution with over 150 years of history, we’re committed to serving our local communities while helping our employees reach their professional goals. Whether you're just starting out or looking to take the next step in your career, you'll find a collaborative culture, opportunities for advancement, and a workplace that values work-life balance. Join a team that takes pride in building relationships and delivering personalized banking experiences every day.
Current Opportunity
Portfolio Manager
As Torrington Savings Bank continues to expand our commercial lending platform, we are seeking a motivated credit professional to support the growth and quality of our portfolio. In this role, you will manage an assigned portfolio of commercial loans while actively generating new business opportunities through strong internal partnerships and consistent engagement across the Bank’s referral channels.
You will also work closely with our Relationship Managers to screen, structure, and review commercial credit requests, assisting with renewals and ongoing portfolio maintenance. This position plays a key role in coordinating activity between Lending, Credit, and Loan Administration to ensure a smooth, high-quality experience for our clients from initial inquiry through closing and throughout the life of the relationship.
Success in this role requires strong analytical skills, strong people skills, and the ability to build trust across departments. The ideal candidate is comfortable collaborating with multiple teams, driving new opportunities through internal relationships, and supporting efficient deal execution while maintaining the Bank’s long-standing service standards.
Primary Accountabilities/Responsibilities
- Manage an assigned commercial loan portfolio, maintaining strong credit quality through proactive monitoring, timely renewals and annual reviews, covenant tracking, construction loan administration, and consistent communication with clients.
- Support the origination and execution of commercial credit opportunities, partnering with Relationship Managers to screen, structure, and underwrite new loans, renewals, and modifications from initial inquiry through closing.
- Drive internal business development, generating new lending opportunities through strong cross-department relationships and helping deepen existing client relationships through effective service and follow-up.
- Coordinate closely with Credit and Loan Administration, ensuring efficient workflow, accurate reporting, smooth construction draw processing, and a seamless client experience across all phases of the lending lifecycle.
- Identify and support cross-sell opportunities by collaborating with Cash Management, Retail, and other internal partners to strengthen full-relationship banking and contribute to overall portfolio and fee-income growth.
- Provide departmental support and contribute to special projects as needed, assisting during high-volume periods and reinforcing a culture of teamwork and operational excellence.
Requirements:
Position Requirements:
- Minimum bachelor’s degree or equivalent in a Financial related field.
- Minimum of 3 years of experience in commercial credit, portfolio management, or commercial lending support, with a strong understanding of underwriting fundamentals and portfolio monitoring practices.
- Knowledge of State and Federal lending laws and regulations, Bank policies and procedures, and credit standards.
- Excellent verbal and written communication skills.
- High attention to detail and comfort working in a fast-paced environment.
- Ability to develop and maintain business relationships, influence people, and structure sound credit solutions.
- Ability to perform under stress when confronted with emergency, critical, or unusual situations.