Portfolio Manager

Job Description

Job Description

At Richwood Bank, our purpose is to inspire, protect, and celebrate anything that makes communities thrive.

Have you ever wanted to work for a company that exceptionally lives its values? One hundred and fifty years ago, we began as a small community bank. Today, we are still a community bank – as well as a payroll processing team, a marketing agency, a coffee shop, and more. We have flipped the switch on traditional banking. Yet, we have always aimed to provide the very best customer experience, contribute to the greater good of our local communities, and make every effort to be the best employer in the area with a company culture that works hard to develop, recognize, and award its team members.

The Loan Portfolio Manager is responsible for the ongoing management, monitoring, and analysis of the bank's commercial, consumer, and/or real estate loan portfolio. This role ensures sound credit quality, regulatory compliance, policy adherence, and timely identification of risk within the assigned portfolio. The Loan Portfolio Manager partners closely with lenders, credit analysts, underwriters, loan operations, and senior management to support safe, profitable loan growth and exceptional customer service.

Richwood Bank has a comprehensive benefits package for full-time employees including, but not limited

to, medical and wellness program, dental, vision, employee assistance plan, life insurance and

supplemental short-term disability. Full time and part time employees have access to a 401(k) plan, and

enhanced Wellness program, tuition reimbursement, and tons of professional development

Opportunities!

Richwood Bank prides itself on a unique company culture and all team members should be active and engaged participants.

Essential Functions

Portfolio Management & Monitoring

• Manage an assigned portfolio of credit relationships, ensuring accurate reporting, timely renewals, and compliance with loan terms.
• Conduct periodic financial reviews, covenant monitoring, collateral evaluations, and risk rating assessments.
• Identify deteriorating credit conditions and escalate concerns to the Chief Credit Officer or Loan Committee.
• Monitor and report loan policy exceptions.
• Monitor the Bank's Watch and Special Assets credits.

• Monitor compliance with loan agreements by working with the loan officer and clients to ensure timely receipt and review of financials, covenant compliance, and other loan agreement conditions.

• Ensure proper loan documentation, adherence to loan policies, and readiness for internal/external audits.

Credit Risk Assessment

• Analyze borrower financial statements, global cash flow, tax returns, appraisals, construction documentation, and other required credit information.
• Assist loan officers with timely and accurate completion of commercial credit presentations, including analysis of appropriate data per credit policy, bank procedures, and regulatory requirements.
• Recommend appropriate credit structures, risk ratings, and mitigation strategies.
• Assist in the preparation of credit memos, loan modifications, renewals, and annual reviews.

Regulatory & Policy Compliance

• Maintain strong working knowledge of applicable regulatory requirements, including ECOA, TILA, HMDA, CRA, BSA, and other lending‑related regulations.
• Ensure loan files meet compliance and documentation standards.

Collaboration & Communication

• Work closely with Ag/Commercial Relationship Managers to support portfolio growth goals while maintaining credit quality.
• Demonstrate a willingness to assist the department with special projects and reporting as assigned. Participate in Loan Committee discussions and provide data‑driven recommendations.

• Review documentation and work with internal staff and/or Bank Counsel to ensure loan documentation is prepared in accordance with loan approval.
• Manage communication and coordination of documents needs and workflow objectives between Commercial Banking Team and Credit Administration.

• Provide support to other departments including Loan Operations, Servicing, Construction Desk, and Senior Management.

Customer Service & Relationship Support

• Serve as a secondary point of contact for customers to obtain information, resolve issues, and ensure timely communication.
• Support lenders in maintaining strong customer relationships through proactive portfolio oversight.

• Provide timely and effective responses to servicing needs.
• Assist in handling customer service requests for existing relationships, including loan renewals and modifications.
• Complete all required training and comply with all company or regulatory policies, procedures and requirements that are applicable to this position.
• Bottom of Form
• Ensures work completed is accurate and appropriate. Verifies and validates all data to confirm accuracy and reliability. Paying close attention to details of all information received and entered.

Skills and Abilities

• Confidentiality
• Strong verbal, written and interpersonal communication skills.
• Strong math skills, and ability to organize and analyze complex financial information.
• Ability to develop and maintain internal and external relationships.

• Strong analytical and financial analysis skills.
• Knowledge of commercial, agricultural, consumer, and/or real estate lending practices.
• High degree of accuracy, organization, and attention to detail.
• Ability to multitask, prioritize, and meet deadlines in a fast‑paced environment.
• Proficiency with loan systems, credit software, and Microsoft Office.
• Demonstrated integrity.

• Capability to work and collaborate with a variety of individuals and groups in a constructive and professional manner.
• Capability to work independently in a fast-paced environment with minimal support

Education

• Bachelor's degree in business, finance, accounting, or related field preferred.
• 3–5 years of lending, credit analysis, or portfolio administration experience in a banking environment.
• Experience in a community bank setting preferred.
• Supervisory experience preferred but not required.

Equal Opportunity Employer/Disability/Veterans. Richwood Bank is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.