Veritex Community Bank

Commercial Portfolio Manager

Job Locations US-TX-Dallas
ID 2020-1657
Regular Full-Time


Company Overview

Veritex Holdings Inc. is a publicly traded bank holding company headquartered in Dallas, Texas.  Through our wholly-owned subsidiary, Veritex Community Bank, a state-chartered bank, we provide relationship-driven commercial banking products and services tailored to meet the needs of small to medium-sized businesses and professionals.  Since our inception, we have targeted customers and acquisitions primarily in the Dallas Metropolitan and Houston markets. We have expanded to 40+ locations including a residential mortgage office. We are a fast growing and dynamic organization. The quality of our employees and their dedication to service is what separates us from other banks of any size. We strive to attract and retain exceptional employees who share our commitment to superior customer service, continued growth and organizational success.

We have been recognized as one of The Best Banks to Work for in the US by The American Banker!


Job Summary

The Portfolio Manager plays an integral role on the Lending Team. The individual will work directly with Lenders, Credit Officers, Loan Operations, and others to analyze new commercial credit opportunities, underwrite new or renewed credit exposure, and manage a portfolio of loans and other credit and depository relationships.



Detailed Description:

  • Analyzing individual company performance and the impact of industry and competitive dynamics and macroeconomic events on the creditworthiness of clients and prospects
  • Attend client and prospect meetings, gather information and perform research in order to indentify, quantify, and mitigate underwriting risk inherent in a commercial lending function.
  • Develop strong working relationships with client management, internal teammates, credit officers, attorneys, auditors and other bankers.
  • Manage assigned portfolio of credits for which you will have primary portfolio management, monitoring and oversight responsibilities.
  • Spreading and in-depth analysis of financial statements, projections and business plans • Determining the appropriate risk rating for a company
  • Preparing in-depth loan approval documents for new loans, amendments, and renewals; Facilitate the underwriting process for renewals and new loans with the credit analyst pool
  •  Completing ongoing periodic credit servicing of loans within the portfolio including obtaining and analyzing financial statements, compliance certificates, and borrowing bases; conduct annual reviews
  • Ensuring compliance with internal bank credit policy and external regulatory requirements
  • Manage past dues, renewals, and exceptions.
  • Coordinate with lending assistant(s) in managing the above for each officer’s portfolio.
  • Update monthly and quarterly corporate level reports
  • Prepare loan packages with assistance from credit analysts, as available.
  • Present loans at appropriate loan committees when necessary
  • Manage the appraisal process for all new and renewed credits (i.e., work with borrowers to get appropriate information to the appraiser, order appraisals, check status, etc.)
  • Write update and status memos on existing loans/relationships, track relationship debt and pay downs
  • Review and sign off on construction draws when appropriate
  • Site Inspections
  • Preliminary assessment of new loans
  • Facilitate the loan closing process for both new loans and renewals
  • Work with Loan Operations, as well as attorneys for doc prep
  • Order and review 3rd party reports when necessary
  • Coordinate closing with title company and borrower
  • Attention to regulatory requirements and compliance training applicable to position (Bank Secrecy Act, Customer Information Privacy ETC)
  • Integrity, discretion, and respect for confidential information are absolutely essential.


Education and Experience

  • BA in Finance or Accounting (preferred)
  • Minimum 12 hours of accounting courses (preferred)
  • Minimum 2-years of experience as a Credit Analyst or Senior Lending Assistant. Must be familiar and proficient in underwriting the types of loans that the officers they support originate and manage
  • Must be able to multitask


Skills and Abilities

  • Excellent written and verbal communication skills are a must.
  • Excellent interpersonal skills
  • Formal credit training preferred. At least three to five years of commercial credit underwriting and portfolio management experience.
  • College degree required (concentration in accounting or finance preferred).
  • Proficient with Excel – knowledge of basic excel modeling and formulas – as well as other standard Microsoft products.
  • Knowledge of standard banking applications such as financial spreading software, a plus.


Physical Demands

The employee will occasionally lift and/or move up to 25 pounds.  The employee will regularly sit; talk; hear; and use hands to finger/handle or feel.  The employee will occasionally stand; walk; reach with hands and arms; climb and balance; and stoop, kneel, crouch, or crawl.  Special vision requirements include close, distant, and peripheral vision; depth perception; and the ability to adjust focus.  The noise level in the work environment is usually moderate. The work environment and physical demands are those of a standard retail branch setting. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of the job.



The above information has been designed to indicate the general nature and level of work performed within this job.  It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to the job. Incumbent must attend work on a regular basis, on time, and withstand varying degrees of stress. This position description describes the minimum selection requirements to qualify for the position. Promotion and other employment decisions are based on employer needs, being in good standing, fully competent performance, and other non-discriminatory subjects.


As of the date shown below, the contents of this job description are intended to describe the general nature and level of work being performed by people assigned to this job. It is not intended to be an exhaustive list of all responsibilities, duties and skill required of personnel so classified. Further, essential job functions are subject to change based upon business needs.


Veritex Community Bank is an equal opportunity employer. Veritex Community Bank Corporate Human Resources [Dallas, Texas]  Revised: 5/30/2019