Commercial Portfolio Manager

Sioux Falls, SD
Full Time
Mid Level

Our client is a local community bank seeking to add a Commercial Portfolio Manager to its Siouxland lending team. This role will assist in managing a portfolio of commercial banking clients, ensuring the effective growth, maintenance, and management of their credit relationships. This position plays a key role in developing strong client relationships, providing financial advice, and ensuring that the bank's portfolio remains healthy and aligned with organizational objectives.

This bank is very active in Sioux Falls and surrounding communities. Employees are empowered through workplace programs to volunteer and play engaging roles in the communities they serve. Team members are given autonomy and flexibility to develop their client relationships. A strong, positive culture is also supported through a robust employee benefits package and competitive compensation. 
 

Key Responsibilities:

  • Manage and grow a diverse portfolio of commercial clients, including businesses of various sizes and industries.
  • Conduct financial analysis, credit assessments, and risk management to ensure the viability and profitability of the portfolio.
  • Develop and implement strategic plans to maximize portfolio performance while maintaining high-quality client service.
  • Build and nurture long-term relationships with key decision-makers within client organizations.
  • Negotiate loan terms, structure credit facilities, and monitor compliance with terms and conditions.
  • Collaborate with internal teams such as credit, risk, and operations to ensure smooth processing and approval of transactions.
  • Identify opportunities for cross-selling additional banking products and services to clients.
  • Monitor market trends, industry developments, and client needs to proactively address challenges and capitalize on new opportunities.
  • Ensure portfolio performance is in line with bank's credit policies, risk appetite, and regulatory guidelines.
  • Prepare regular reports on portfolio performance for senior management and stakeholders.


Qualifications:

  • Bachelor's degree in Finance, Business, Economics, or related field.
  • Minimum of 2 years' experience in commercial banking, portfolio management, or credit analysis.
  • Strong knowledge of commercial lending, credit underwriting, and financial statement analysis.
  • Strong communication and interpersonal skills.
  • Ability to analyze complex financial data and make sound, informed decisions.
  • Strong attention to detail, organizational skills, and ability to manage multiple tasks effectively.
  • Knowledge of banking regulations, risk management practices, and market trends.
  • Proficiency in Microsoft Office Suite (Excel, PowerPoint, Word); familiarity with commercial banking software is a plus.
     

Why Join this Organization?

  • Competitive salary and performance-based bonuses
  • Comprehensive benefits package, including health, dental, vision, and retirement plan offerings
  • Opportunities for professional development and career advancement
  • A collaborative and inclusive team environment
  • A chance to make a significant impact on the growth and success of this local bank's commercial lending team


​​​​​​Dakota Legacy Advisors is dedicated to providing a tailored, full-service recruiting experience for all candidates and client companies we represent. If you are a dedicated professional with a passion for helping individuals achieve their financial goals, we encourage you to apply to confidentially learn more about this exciting lending opportunity with our client. 

EEO Statement: 

Dakota Legacy Advisors does not discriminate in employment decisions on the basis of race, color, religion, sex (including pregnancy and gender identity), national origin, political affiliation, sexual orientation, marital status, disability, genetic information, age, membership in an employee organization, retaliation, parental status, military service, or other non-merit factor.

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