Portfolio Manager

We are currently looking for a Senior Portfolio Manager. This position will be located at our Provo Branch, 3670 N. University Ave., Provo UT..

Benefits of Working with Us:

Bank of Utah's comprehensive benefits package promotes health and wellness, financial well-being and career growth. A few highlights include:

• Great work-life balance, with a Monday-Friday schedule
• 401(k) plan and match up to 5 percent, plus opportunities to participate in our employee stock ownership program (eligibility requirements must be met)
• Incentive pay
• 12 paid bank holidays earned vacation and sick time
• Training opportunities for new employees
• Learning incentives to expand your banking knowledge and grow in your career (including opportunities to learn about all of our departments, such as mortgage, branch operations, commercial lending, personal trust, corporate trust, compliance, payments processing and more)
• Volunteer opportunities to make a difference in the communities where you work and live
• Awards and recognition to celebrate you and your colleagues for living the bank's values

To qualify for this Senior Portfolio Manager position you must have:

• Must have a minimum of 5 years of experience in underwriting and 3 years of experience in portfolio monitoring and interfacing with customers.
• BS Degree (Masters preferred) in Accounting or Finance or equivalent work experience
• Ability to work in a team setting.
• Great speed and accuracy in meeting the customer and team needs.
• Great computer skills in a Windows environment with proficiency in Word and Excel.
• Great analytical, oral and written communication skills combined with the ability to present information in a clear and concise manner.

Regular Duties and Responsibilities:

• Review Bank Loans. Critiques and evaluates loans for deterioration in credit quality. Scrutinizes individual loan files for compliance with Bank policy, federal regulations, completeness and accuracy of loan documents, financial strength of borrower, strength of collateral position and accuracy in risk grading. Identifies weakness in credits for potential problems and/or losses and recommends corrective actions. Researches economic information and monitors economic trends in the major industries affecting our loan portfolio and determines if additional risks to the bank have occurred.
• Analyze Borrower's financial position. Spreads and analyzes borrower's financial statements and prepares written summaries of findings for use by Loan Officers on applications for new loans and annual renewals. Analyzes and compares borrower financial performance to peer groups using national statistics. Conducts full loan analysis, including industry and local economic trends and risks, of selected borrowers. Preparation of Prescreen on existing and prospective Borrowers.
• Portfolio Risk Analysis. Researches and analyzes information relative to the bank’s risk in identified areas of loan and industry concentrations. Prepares management reports of specific economic or market trends affecting the bank’s loan portfolio. Conduct annual evaluations of large credits. Performs an examination and evaluation of individual loan officer and/or branch loan portfolios.
• Prepares various management reports as assigned by department management.
• Attendance is an essential function of the job.
• Other duties as assigned.