SBA Loan Portfolio Manager

MVB Bank



About the job

MVB is hiring trusted partners on the financial frontier! MVB Financial Corp. (โ€œMVB Financialโ€ or โ€œMVBโ€), an innovative financial holding company, is publicly traded on The Nasdaq Capital Marketยฎ under the ticker โ€œMVBF.โ€ Through its subsidiary MVB Bank, Inc., and the Bankโ€™s subsidiaries, including MVB Edge Ventures, the company provides banking services to individuals and corporate clients in the Mid-Atlantic region, as well as acquiring and issuing sponsorships, Banking-as-a-Service and cryptocurrency to Fintech and Gaming clients throughout the United States.

To provide excellent service in loan portfolio quality management in support of the companyโ€™s SBA lending initiatives, including supporting new loan originations, managing the existing loan portfolio, supporting the underwriting team as necessary, and providing updates related to loan portfolio monitoring and reporting. Additionally, to participate in community relationship activities, professional development and special projects. This role can be based remotely.

Duties And Responsibilities
  • Loan Portfolio Quality Management
    • Ensure new and existing loans are in compliance with Bank and SBA standards and procedures.
    • Manage timely execution of renewals related to loan maturities for respective portfolios, including required TDR checklist.
    • Ensure appropriate completion of Covenant testing for all applicable loans within the respective portfolios.
    • Ensure appropriate completion of Site Visits for all applicable loans within the assigned portfolio.
    • Manage timely execution of Annual Reviews for all applicable loans within the respective portfolios
    • Manage the collection of all required financial statements, etc. for all applicable loans within the respective portfolios (for renewals and annual reviews), through internal communication with loan officers/loan processors
    • Review and analyze financial statements upon receipt, request additional follow-up information as necessary, and make recommendations with respect to risk grading for all loans within the respective portfolios.
  • Loan Production and Credit Analysis
    • Assist with the onboarding of loan requests into the Loan Vantage system as needed.
    • Assist underwriters in spreading financials for deals in the underwriting process as needed.
  • Loan Portfolio Monitoring and Reporting
    • Will work in tandem with the SBA Servicing Manager, providing updates to Credit Administration with respect to delinquent loans and risk graded loans for the purpose of Management and Board reporting
  • Community Relationships
    • Participate in local community organizations/events that position MVB positively in the community and provide potential business for MVB and its subsidiaries
  • Professional Development and Special Projects
    • Complete education, as identified or as assigned, that provides expertise in loan underwriting, credit analysis, portfolio management, and overall professional development
    • Serve, when requested, on special teams and projects across the organization
Education And Work Experience
  • Bachelorโ€™s degree in accounting, finance, economics, or related field, or equivalent work experience
  • Minimum 5+ years of experience in commercial loan portfolio management, credit analysis, and/or similar field, depending upon demonstrated abilities.
  • Advanced knowledge of credit administration, policy, and procedures.
  • Advanced knowledge of economics, accounting, and finance.
  • Advanced knowledge of risk analysis and mitigation.
  • Advanced technical report writing skills and knowledge.
  • Excellent communication, data analysis and presentation skills.
  • Familiarity with SBA lending and procedures preferred.

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