Portfolio Manager, Asset Based Lending

Job description

About Us Live Oak Bank is a digital bank that serves small business owners across the country. Our groundbreaking spin on service and technology has fueled our mission to be America’s Small Business Bank. Our products help customers buy, build, and expand their business, and our high-yield savings and CD products help them grow their hard-earned money. At Live Oak, we never lose sight of the well-being of our people. We believe our employees are the heart of our company. Our commitment to our customers and culture is intertwined, and we seek those who embody and embrace what it takes to empower the American dream. How This Role impacts Live Oak and its People The Portfolio Manager, Commercial Banking (“PM”) is primarily responsible for the credit risk management, underwriting, and reporting for their team’s portfolio. The PM will manage a team of analysts, supporting the Commercial lending team with underwriting and servicing of an assigned portfolio of clients. The PM will ensure their team’s underwriting and servicing standards align with Live Oak Bank’s policies and procedures. Additionally, the PM leads a team of analysts, providing oversight while training and developing a gro...