Blue Foundry Bank
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VP/Portfolio Management Leader
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Blue Foundry Bank 2 days ago Be among the first 25 applicants Join to apply for the
VP/Portfolio Management Leader
role at
Blue Foundry Bank About Blue Foundry Bank
This is the Bank Where Things are Made. Blue Foundry is a bank where businesses are shaped, plans are formed, ideas are refined, solutions are built, and stuff gets done. Blue Foundry is revolutionary, bold, resourceful, roll-up-your-sleeves committed, smart, creative and fun. A Bank of movers, shakers, and makers…We are a Bank that Gets Things Done. About Blue Foundry Bank
This is the Bank Where Things are Made. Blue Foundry is a bank where businesses are shaped, plans are formed, ideas are refined, solutions are built, and stuff gets done. Blue Foundry is revolutionary, bold, resourceful, roll-up-your-sleeves committed, smart, creative and fun. A Bank of movers, shakers, and makers…We are a Bank that Gets Things Done.
At Blue Foundry Bank we invest in the well-being of our most prized asset…our employees! We provide a robust array of programs and benefits to help employees advance their careers and enhance the quality of their lives. Our experiential learning and development program ensures employees are on track to grow their career as of day one.
In addition, our comprehensive compensation package includes medical, dental, and vision coverage; life insurance, short- and long-term disability insurance; 401(k)/Roth with company match up to 5%; paid time off, and 11 paid holidays; employee referral bonus; and educational reimbursement.
The rate of pay is the minimum amount offered for this position. Blue Foundry Bank will compensate employees in a fair and equitable manner, taking into consideration education, skills, current and relevant experience, among other factors. This position is eligible for incentive pay based on achievement of company and/or individual goals.
PORTFOLIO MANAGEMENT LEADER
Department:
Commercial Banking
Reports to:
Head of Commercial Banking
Supervises:
Portfolio Managers
Position Summary:
The Portfolio Management Leader oversees the portfolio management group within the Commercial Banking department, managing both CRE and C&I portfolio managers and their respective loan portfolios. Within this role you will be managing personnel, policies, procedures, portfolio monitoring, and reporting, as well as ensuring compliance with covenants and exceptions.
The role emphasizes maintaining strong relationships with business owners and executives to ensure loan performance and risk management. In addition to leadership duties, the Portfolio Management Leader is directly involved in managing portfolios, assessing ongoing credit risk, and developing action plans for distressed accounts. This leader collaborates with the Head of Commercial Banking and the Chief Credit Officer to establish and update policies, and handles audits, regulatory compliance, and risk mitigation efforts.
Minimum Job Requirements:
Bachelor’s degree in Finance, Accounting, Management, Economics, or a related field. Master’s degree preferred. 10+ years of experience managing both C&I (Commercial & Industrial) and CRE (Commercial Real Estate) loan portfolios. Strong understanding of the specific industry dynamics and nuances related to both C&I and CRE credits within the portfolio. Proven experience in developing and implementing policies and procedures related to portfolio management and credit administration. Advanced credit and analytical skills, supported by formal credit training. Excellent communication skills, with the ability to propose, negotiate, and present credit enhancements effectively. Experience working with internal and external auditors, loan review teams, and regulators. Strong leadership and team management abilities, with a track record of successfully leading teams. Demonstrated experience in staff development, including hiring, coaching, and managing team performance to achieve desired outcomes. Proficient in Microsoft Office Suite (Excel, Word, PowerPoint). Exceptional organizational and time management skills, with attention to detail.
Primary Job Functions:
Manage the performance of all portfolio managers to ensure timely and accurate delivery of deliverables. Work with Commercial Banking Operations to ensure accurate reporting. Work with the Credit Department on specific portfolio loans, prescribe bank actions to mitigate risk and in real time ensure that Risk Ratings are accurate. Review all work products, including Annual Reviews, Renewals, and Modifications prior to submission for approval. Perform financial analysis, monitor market, and loan specific risks and recommend the necessary actions to mitigate risk and best position the bank. Proactively manage portfolio to ensure adherence to policies including completing various required actions, such as processing annual reviews, extensions, renewals, preparation of waivers, issuance of NOPPS and risk rating change memos as required. Interact with customers independently to address non-routine client servicing matters in addition to risk related items. Monitor payment, insurance and tax delinquencies proactively Assist with the evaluation of problem loans to assess the benefits of restructuring versus pursuing legal action. Maintains a current knowledge of local and national economic, financial political and legislative trends. Determines the possible impact on commercial lending activities.
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, LGBTQ, national origin, disability or protected veteran status.
Blue Foundry Bank will award an employee referral payment to employees who refer new hires. If the candidate is hired, the referring employee will be eligible to receive referral payment in accordance with the following guidelines:
$100 after the new employee has completed his/her three-month anniversary $400 after the one-year anniversary
Both employees must be employed on the anniversary date of the referred employee in order to receive a referral payment.
All employees should have knowledge of bank’s procedures and its compliance as it pertains to their position. Seniority level
Seniority level Executive Employment type
Employment type Full-time Job function
Job function Finance and Sales Industries Banking Referrals increase your chances of interviewing at Blue Foundry Bank by 2x Get notified about new Portfolio Manager jobs in
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VP/Portfolio Management Leader
role at
Blue Foundry Bank 2 days ago Be among the first 25 applicants Join to apply for the
VP/Portfolio Management Leader
role at
Blue Foundry Bank About Blue Foundry Bank
This is the Bank Where Things are Made. Blue Foundry is a bank where businesses are shaped, plans are formed, ideas are refined, solutions are built, and stuff gets done. Blue Foundry is revolutionary, bold, resourceful, roll-up-your-sleeves committed, smart, creative and fun. A Bank of movers, shakers, and makers…We are a Bank that Gets Things Done. About Blue Foundry Bank
This is the Bank Where Things are Made. Blue Foundry is a bank where businesses are shaped, plans are formed, ideas are refined, solutions are built, and stuff gets done. Blue Foundry is revolutionary, bold, resourceful, roll-up-your-sleeves committed, smart, creative and fun. A Bank of movers, shakers, and makers…We are a Bank that Gets Things Done.
At Blue Foundry Bank we invest in the well-being of our most prized asset…our employees! We provide a robust array of programs and benefits to help employees advance their careers and enhance the quality of their lives. Our experiential learning and development program ensures employees are on track to grow their career as of day one.
In addition, our comprehensive compensation package includes medical, dental, and vision coverage; life insurance, short- and long-term disability insurance; 401(k)/Roth with company match up to 5%; paid time off, and 11 paid holidays; employee referral bonus; and educational reimbursement.
The rate of pay is the minimum amount offered for this position. Blue Foundry Bank will compensate employees in a fair and equitable manner, taking into consideration education, skills, current and relevant experience, among other factors. This position is eligible for incentive pay based on achievement of company and/or individual goals.
PORTFOLIO MANAGEMENT LEADER
Department:
Commercial Banking
Reports to:
Head of Commercial Banking
Supervises:
Portfolio Managers
Position Summary:
The Portfolio Management Leader oversees the portfolio management group within the Commercial Banking department, managing both CRE and C&I portfolio managers and their respective loan portfolios. Within this role you will be managing personnel, policies, procedures, portfolio monitoring, and reporting, as well as ensuring compliance with covenants and exceptions.
The role emphasizes maintaining strong relationships with business owners and executives to ensure loan performance and risk management. In addition to leadership duties, the Portfolio Management Leader is directly involved in managing portfolios, assessing ongoing credit risk, and developing action plans for distressed accounts. This leader collaborates with the Head of Commercial Banking and the Chief Credit Officer to establish and update policies, and handles audits, regulatory compliance, and risk mitigation efforts.
Minimum Job Requirements:
Bachelor’s degree in Finance, Accounting, Management, Economics, or a related field. Master’s degree preferred. 10+ years of experience managing both C&I (Commercial & Industrial) and CRE (Commercial Real Estate) loan portfolios. Strong understanding of the specific industry dynamics and nuances related to both C&I and CRE credits within the portfolio. Proven experience in developing and implementing policies and procedures related to portfolio management and credit administration. Advanced credit and analytical skills, supported by formal credit training. Excellent communication skills, with the ability to propose, negotiate, and present credit enhancements effectively. Experience working with internal and external auditors, loan review teams, and regulators. Strong leadership and team management abilities, with a track record of successfully leading teams. Demonstrated experience in staff development, including hiring, coaching, and managing team performance to achieve desired outcomes. Proficient in Microsoft Office Suite (Excel, Word, PowerPoint). Exceptional organizational and time management skills, with attention to detail.
Primary Job Functions:
Manage the performance of all portfolio managers to ensure timely and accurate delivery of deliverables. Work with Commercial Banking Operations to ensure accurate reporting. Work with the Credit Department on specific portfolio loans, prescribe bank actions to mitigate risk and in real time ensure that Risk Ratings are accurate. Review all work products, including Annual Reviews, Renewals, and Modifications prior to submission for approval. Perform financial analysis, monitor market, and loan specific risks and recommend the necessary actions to mitigate risk and best position the bank. Proactively manage portfolio to ensure adherence to policies including completing various required actions, such as processing annual reviews, extensions, renewals, preparation of waivers, issuance of NOPPS and risk rating change memos as required. Interact with customers independently to address non-routine client servicing matters in addition to risk related items. Monitor payment, insurance and tax delinquencies proactively Assist with the evaluation of problem loans to assess the benefits of restructuring versus pursuing legal action. Maintains a current knowledge of local and national economic, financial political and legislative trends. Determines the possible impact on commercial lending activities.
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, LGBTQ, national origin, disability or protected veteran status.
Blue Foundry Bank will award an employee referral payment to employees who refer new hires. If the candidate is hired, the referring employee will be eligible to receive referral payment in accordance with the following guidelines:
$100 after the new employee has completed his/her three-month anniversary $400 after the one-year anniversary
Both employees must be employed on the anniversary date of the referred employee in order to receive a referral payment.
All employees should have knowledge of bank’s procedures and its compliance as it pertains to their position. Seniority level
Seniority level Executive Employment type
Employment type Full-time Job function
Job function Finance and Sales Industries Banking Referrals increase your chances of interviewing at Blue Foundry Bank by 2x Get notified about new Portfolio Manager jobs in
Troy Hills, NJ . Hedge Fund – Jr. Execution Trader – Equities & Equity Derivatives ID25005
New York, NY $100,000.00-$150,000.00 5 days ago New York City Metropolitan Area $350,000.00-$375,000.00 3 days ago New York, NY $250,000.00-$250,000.00 1 month ago Luxury Spirits Portfolio Manager – NYC On Premise
Manhattan, NY $90,000.00-$136,000.00 2 weeks ago New York City Metropolitan Area 3 weeks ago New York, NY $76,000.00-$111,000.00 1 week ago New York, NY $120,000.00-$130,000.00 3 weeks ago New York, NY $135,000.00-$190,000.00 2 weeks ago New York, NY $250,000.00-$250,000.00 4 days ago New York, NY $205,000.00-$240,000.00 11 months ago New York, NY $150,000.00-$200,000.00 2 months ago Hedge Fund Portfolio Manager - Seed Funding
New York, NY $200,000.00-$750,000.00 2 weeks ago New York, NY $250,000.00-$250,000.00 1 month ago New York City Metropolitan Area $150,000.00-$250,000.00 1 week ago Point72 Academy 2025-2026 Investment Analyst Program for Experienced Professionals - US
New York, NY $200,000.00-$300,000.00 1 week ago Investment Analyst - (Concentrated Single Manager)
New York, NY $200,000.00-$200,000.00 3 weeks ago New York City Metropolitan Area 4 days ago New York, NY $150,000.00-$200,000.00 3 weeks ago New York, NY $78,000.00-$139,000.00 2 weeks ago Associate/ AVP, Portfolio Manager - Syndicated Loans
New York City Metropolitan Area $100,000.00-$140,000.00 1 month ago New York City Metropolitan Area $150,000.00-$165,000.00 1 week ago New York, NY $100,000.00-$120,000.00 2 days ago New York City Metropolitan Area 3 weeks ago New York, NY $250,000.00-$750,000.00 1 week ago We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
#J-18808-Ljbffr