Healthcare Portfolio Manager

Job Overview: The Healthcare Portfolio Manager role is centered on expanding sales through additional services and maintaining a client base within various healthcare industries, including physician rollup, outpatient surgery centers, partnerships with hospitals, national long-term care operations, skilled nursing facilities, and assisted living communities.

Responsibilities:

• Manage and service assigned client portfolios and coordinate the expansion of sales through additional bank products.
• Keep in close contact with clients to ensure ongoing satisfaction and to monitor or predict further financial requirements.
• Observe and report any changes in the credit quality of clients.
• Negotiate to structure and price lending facilities in a manner that aligns with the bank’s credit policies and standard lending practices.
• Develop effective proposals for credit approval and present them to the appropriate level of credit authority within the bank.
• Draft and distribute term sheets and letters of commitment.
• Be present at loan closings to ensure they are executed correctly.
• Monitor overdue payments and account overdrafts.
• Guarantee that credit lines are renewed promptly. Secure agreement from clients on renewal terms and negotiate any discrepancies.
• Address client needs swiftly, ensuring that requests involving other bank departments are followed up on, resolving any service-related issues.
• Supervise the correct processing of client transactions, including cash advances, payments, and electronic funds transfers.
• Confirm that the bank has up-to-date financial information from clients, that this information has been analyzed correctly, is recorded, and that comprehensive credit files are maintained.
• Generate reports as needed.
• Examine legal documentation to ensure its accuracy and that it fulfills all the requirements of the loan applications.
• Offer solutions to problems.
• Ensure that loans are assigned the correct risk ratings and that these are monitored and reported accurately.
• Establish and keep up-to-date information required by the Bank Secrecy Act.
• Follow and comply with all the requirements related to the watch list and Enhanced Due Diligence procedures.

Required Skills:

• Understanding of credit analysis, fundamental accounting principles, and loan documentation.
• Competent computer skills with proficiency in Microsoft Word, Excel, and Outlook.
• A strong set of interpersonal skills necessary for interacting with clients, including the ability to present information effectively and respond to inquiries.
• Excellent personal time management abilities.
• Solid mathematical, credit analysis, and administrative capabilities.
• Proficiency in managing client relationships.
• Skill in writing reports and business correspondence.

Required Experience:

• A High School Diploma or General Education Diploma and at least ten years of experience in account management or credit analysis.
• Involvement in community activities and/or local business territory.
• A Bachelor’s Degree is preferred.