Senior Portfolio Manager, Commercial Banking (Hybrid - Downtown Seattle, WA)

Salary Range:

$124,300.00 - $205,000.00

(Depending on knowledge, skills, abilities and location.  Certain level jobs may be eligible for bonus, commission, and/or equity awards.)

Posting Date:

August 6, 2025

This job will be open and accepting applications for a minimum of three days from the date it was posted.

Benefits* worth writing home about:

• Medical, dental, and vision coverage for employees and their families
• Life, disability and family Leave
• 401(k) and Roth 401(k) with employer match
• Wellness program, employee assistance program, “Commute Trip Reduction” (CTR) and various employee discounts 
• Generous vacation, sick leave, 11 paid holidays, and 16 hours of paid leave every year for community service work
• Free employee checking account and employee home loan discounts

*For eligible employees averaging 20 or more hours per week.

EO/AA Employer including Vets and Disabled.

Qualified applicants with arrest and conviction records will be considered in accordance with legal requirements.

If you are a California resident, you may be entitled to certain rights regarding your personal information, which is information that identifies, relates to, or could reasonably be linked with a particular California resident or household. Additional information about our data collection practices and location specific notices is available on our privacy policy.

California applicants may click this link Fair Chance Ordinance for Los Angeles County to see additional information.

Job Description Summary:

POSITION SUMMARY:

Working in partnership with the Relationship Manager, the senior position will be responsible for effectively managing the more complex credit relationships within the existing portfolio. The Senior Portfolio Manager acts as a second point of contact for Homestreets more highly visible commercial clients and manages assigned portfolio by monitoring performance and trends, proactively defining client credit solutions, identifying issues and developing remediation.

Job Details:

PRIMARY FUNCTIONS:

• Work with the Relationship Manager to develop a relationship plan and credit management strategy for clients.
• Provide ongoing maintenance and management of the assigned portfolio.
• Develop and analyze all types of credit information pertaining to transactions; prepare credit proposals and provide overall support to Relationship Manager in managing commercial portfolio.
• Coordinate annual reviews, renewals, extensions and credit actions for assigned credits.
• Update files with current financial and rent roll information, collateral monitoring, covenant monitoring, tracking delinquencies, industry trends, and watch for developing issues.
• Assure adherence to credit policies, guidelines and consistently operates in compliance with banking laws and regulations, established Bank policies and procedures, audit and security policies.  Complies with all aspects of the Bank Secrecy Act, Anti-Money Laundering Rules, OFAC and FinCen Requirements, and the USA Patriot Act.
• Perform site visits as needed.
• Maintenance and servicing of accounts to include managing credit quality, past due ticklers, covenant testing, etc.
• Cross sell services as appropriate from assigned book of business.
• Actively participates with CommercialBanking support staff to ensure that all documentation is in place, applicable terms and conditions are adhered to and required financial exhibit due dates are monitored, with exhibits received from customers in a timely manner.
• Communicates regularly with Cash Management, Commercial Deposit Services, and/or Retail Branch partners to ensure client deposit accounts are handled in an accurate and timely manner, and any issues are promptly resolved.
• Provides exemplary/professional customer service to, and maintains constructive and positive working relationships with, referral sources, loan applicants, borrowers, depositors, and their representatives.
• Assures customer information and data is kept confidential.
• Coach and mentor other portfolio managers
• Performs other duties as assigned by Management.