Business Banking Portfolio Administrator

  • Competitive
  • New York, NY, USA New York NY US
  • Permanent, Full time
  • BankUnited, N.A.
  • 20 Aug 18 2018-08-20

Business Banking Portfolio Administrator

SUMMARY: A Business Banking Portfolio Administrator (PA) assists Business Bankers (BB), Business Banking Sales Team Leads / Managers (STM), Portfolio Officers (PO), and the Business Banking front line client facing team in a variety of functions ranging from opportunity identification, financial information gathering, closings and ongoing client service.

ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties and special projects may be assigned.

* Assists the BB and PO with managing the collection of financial reporting within a market specific and/or an assigned credit portfolio.

* Assist BB and sales team in the new business development process by:

- assisting in maintaining department prospect lists,
- updating sales pipeline,
- preparing BankUnited pitch books and call related materials,
- obtaining applications and financial packages from prospective clients,
- assisting in the completion of BB memo and sample term sheets,
- submitting pre-screen and related financials to submissions mailbox,
- ordering appraisal/environmental via RIMS,
- assisting the Closing Coordinators and BB with pre-closing process,
- assisting with other related process functions during new business origination process.

* Utilizes bank tools such as the financial tickler system to assist the BB and PO ensure timely and prompt collection of required financial reporting in line with loan & credit agreements, so that a) annual reviews may be conducted by the PO in a timely fashion and b) the PO and assigned BB can ensure early detection of potentially deteriorating credit quality of any particular assigned credit relationship.

* Works with BB and PO to ensure appropriate notification to clients of insurance and real estate payments.

* Work with BB and PO to clear documentation exceptions.

* Promptly escalates past due payments, past due insurance renewals, past due real estate tax payments, coming due financial reporting, and coming due annual reviews to the BB, STM and PO.

* Assists with timely preparation of Property Inspection Reports.

* Assists PO in ensuring proper documentation of the credit files with financial reporting, covenant testing, file memos, property inspections, quarterly reviews, CAR and LCAR reports, and all pertinent information that pertains to maintaining an active and up-to-date credit file that reflects the most current status of the relationship.

* For criticized assets, ensures collateral valuations (namely real estate appraisals) are conducted when required.

* Works closely with Credit Administration to fully understand credit culture, policy & procedures.

* Participates in training seminars and workshops to enhance skill level.

* Assists with various special projects as assigned.


To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

EDUCATION and/or EXPERIENCE: A Bachelor's Degree in Finance or Accounting is preferred, along with at least three years of related work experience. However, an additional four + years of experience can be substituted for the Bachelor's degree provided that the experience covers prior Credit Analysis/ Underwriting experience familiarity with its programs. Previous experience as a Credit Analyst or Credit Manager is helpful.