Sterling National Bank Senior Portfolio Manager in Paramus, New Jersey

Senior Portfolio Manager

Tracking Code 219097-912

Job Description

Sterling National Bank is an organization committed to strong growth. Our significant accomplishments are a direct result of continuous hard work by our solid team of dedicated professionals. As we continue to grow and expand across all business sectors we seek talented individuals who can meet our demands for success.

Our competitive advantage is our people who tirelessly work to exceed expectations.

We have something special here at Sterling. We not only offer competitive salaries and comprehensive benefits we are also characterized by an unwavering commitment to high achievement, we offer a diverse environment hosting a multitude of dedicated, talented and driven individuals who value honesty, integrity and go above and beyond for their clients.

It’s an exciting time to work for Sterling National Bank. If you are looking for a unique employment experience and are driven to achieve in a dynamic growth-minded environment you have come to the right place.

What you will do:

Manage a team of Portfolio Managers to support and oversee the credit and risk management of the Team loan portfolio in full compliance with SNB policies, procedures and in a manner which contributes to SNB’s overall growth, risk management, and client retention goals. Responsible to assist MDs with the management of client relationships and portfolio risk management of the team with extensive focus on evaluating/structuring both existing and prospective CRE, C & I and real estate transactions within established SNB credit risk parameters. Help Team to identify opportunities to enhance the profitability of client relationships including cross-sell activities for the bank’s other products and services. Develop, train and supervise other Team Portfolio Managers with overall accountability for the effectiveness, productivity and level of employee satisfaction and performance as a team.

Embrace and deliver Sterling National Bank Brand Values and Core Competencies in everyday interaction. Exhibit ethical behavior and integrity in everyday business conduct.



Required Skills

  • Bachelor of Science or Bachelor of Arts in Accounting or Business (a MBA is a plus)

  • Minimum of 7 to 10 years of experience in commercial credit analysis and portfolio maintenance

  • 1-3 years’ experience managing staff

  • Formal credit training is desired or relevant work-related experience

  • Strong demonstrated credit, oral and written communication skills

  • Thorough understanding of financial modeling

  • Attention to detail for asset monitoring and cash flow loan documentation, diligent and timely portfolio maintenance

  • Proven management track record when managing other Team PMs

  • Strong service orientation to Team and Clients

Job Location Paramus, New Jersey, United States

Position Type Full-Time/Regular

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We are an equal opportunity employer. Employment selection and related decisions are made without regard to sex, race, age, disability, religion, national origin, color or any other protected class.