Portfolio Management Officer

Company: Bank of Hawaii Corp.
Location: Honolulu
Posted on: June 24, 2022

Job Description:

Bank of Hawaii

In 1897, Bank of Hawaii was the first chartered and incorporated bank in the Republic of Hawaii. We've been here from territorial days, growing and changing with Hawaii. Today, we are the largest independent bank in Hawaii a result of knowing our business and community, and always staying ahead of change. We are constantly finding creative ways to deliver leading edge financial services to our customers. Now, we are embracing change with our new 21st century banking.

It's our people who help us succeed in offering first class service and products to our customers. As a member of the Bank of Hawaii community, you will be among the very best in your profession in an environment that places a high value on integrity, innovation and teamwork. People who are agile, savvy, forward-thinking and entrepreneurial can learn and grow with us.

Does this sound like you?

Are you ambitious? Want to make a difference in people's lives? Do you thrive in an environment that leverages your abilities as a fast learner, good listener, and problem-solver? If you love challenges, relish complexity, and have moxie, consider applying your unique talents with a Hawaii banking leader Bank of Hawaii. Here you can be at the forefront of whatever you do. Welcome to your tomorrow!

A day in your life as a Portfolio Management Officer

Under the direction of the Manager, Team Leader or Corporate Banking Officer (CBO), the Portfolio Management Officer acts as the CBOs direct liaison to the client, agent bank, and/or other participating banks to facilitate, coordinate and service all new and existing credit relationships. The PMO monitors the credit quality of existing credit relationships and works closely with the Corporate Banking Service Representative (CBSR) to ensure that all administrative functions related to existing credit relationships are completed in a timely and accurate manner. If applicable or appropriate, assists in business units compliance with applicable laws, regulations, regulatory requirements and Bank policies and procedures, including but not limited to those related to Fair Banking, Anti-Money Laundering laws and regulations, Bank Secrecy Act and USA PATRIOT Act.

We'll give you these important responsibilities

* Assigned a portfolio of clients of 10-20 credit relationships representing moderate to high complexity within the Corporate Banking Group. Reviews financial statements, covenant compliance, and current industry, marketplace and competitive conditions. Assists in the validation of risk rating. Analyzes cash flow projections and formulates alternative risk scenarios; performs other due diligence as necessary. Communicates directly with client, agent bank or other participating banks to obtain information under some supervision of the Senior PMO, Team Leader or CBO. Ensures that the CBO and other appropriate parties are informed about the current status of credit transactions.
* Prepares moderate to complex Credit Approval Memorandum (CAM) package and written summaries, including forward looking acceptability for Credit Write up. Communicates with CBO, client and/or agent bank to obtain information. Ensures the accuracy of the content of these documents. Obtains approval from appropriate bank officer.
* Ensures that structures, credit covenants, and/or credit facilities proposed by the CBO are in conformity with bank policy makes recommendations for improvements.
* Facilitates documentation process with external attorney and/or Bankoh Loan Center (BLC): Prepares advisement letter for CBO, if appropriate; Orders documents from external attorney and/or BLC for timely delivery to client. Completes review of documents to ensure accuracy as approved, prior to obtaining client's signature(s). Assists the CBO in loan closing with client. With the assistance of the CBSR, ensures that BLC receives all required documents to book the credit transaction. Obtains approval for waivers or follows up for missing, incomplete or other documentation discrepancies.
* Tracks, monitors and insures that updated financial information and compliance certificates are received and reviewed based on the established terms and conditions of each assigned credit transaction.
* Follows-up for any missing information directly with the client and/or agent bank.
* Performs deal screens with Wholesale Credit and CBO. Reviews daily overdraft reports and recommends appropriate disposition for the overdraft; communicates with client and CBO as necessary.
* Performs all other miscellaneous responsibilities and duties as assigned.

This position requires use of a personal computer and other standard office equipment (fax, scanner, copier, calculator, telephone)

if you come to us with these qualifications

* Education: Bachelor's degree from an accredited institution or equivalent work experience.
* Experience: Minimum 4 years of business experience, preferably in a financial institution. In addition a minimum of 2 years of commercial credit or lending experience is required.
* Technical Skills: Demonstrated proficiency and expertise with personal computers and Microsoft applications (Outlook, Word, Excel, Access, and PowerPoint) or similar software. Knowledge of or ability to use Bank software and systems. Working knowledge of conventional and/or government guidelines and familiarity with automated underwriting system (DU, LPS, etc.) is required.
* Other Job Qualifications: Well developed analytical and problem solving skills. Thorough knowledge of financial statement analysis, including cash flow lending. Excellent writing, speaking, and presentation skills. Must have the ability to express complex ideas in concise and simple terms. Able to make critical decisions independently. Possesses strong networking and business development skills. Has solid product knowledge and business acumen. Able to build strong working relationships and partnerships across the organization with a collaborative and consultative approach. Is a team player. Able to work flexible hours including holidays, weekends and evenings as needed or assigned. Must be able to provide own transportation and commute as required. Off island travel may be required.

As a Bank of Hawaii employee, you ensure (or assist with ensuring) compliance with applicable laws, regulations, regulatory requirements and Bank policies and procedures, including but not limited to those related to Fair Banking, Anti-Money Laundering laws and regulations, Bank Secrecy Act and USA PATRIOT Act.

Delivering exceptional customer experiences is at the heart of what we do at Bank of Hawaii. We listen, understand and deliver what our customers need to help them build a better tomorrow.

We are an EEO/AA employer, including disability and veterans. For Bank of Hawaii's full EEO statement, please visit https://www.boh.com/careers.

Keywords: Bank of Hawaii Corp., Honolulu , Portfolio Management Officer, Executive , Honolulu, Hawaii