Portfolio Associate

Department: Credit

Location: Remote

Description

Grasshopper Bank is a client-first, digital bank built for the business and innovation economy, with an obsession for providing leading-edge technology, solutions-driven products and superior service through a combination of passionate people and digital resources.

We are a highly experienced team who pride ourselves on diversity of thought and perspective. Nationally chartered, our portfolio of products and services range from VC, PE & Portfolio Companies to SBA Lending, as well as direct SMB and Embedded Banking.

Our entrepreneurial drive allows us to support the growth and success of a wide range of clients at every stage of their business through inclusive partnership. We seek out team members who will enable both our organization and our people to grow and thrive through collaboration and acting with integrity and respect.

Our focus on cross-functional teamwork provides a culture where ideas are valued, accountability is encouraged, and successes are celebrated. We welcome all those searching for the opportunity to contribute to banking innovation that influences and supports the emerging digital world of Financial Services.

Our digital first approach enables our teams the flexibility to work remotely. We have offices in NYC and Boston.

What You'll Do

Grasshopper Bank is seeking a detail-oriented and analytical Portfolio Associate to join our Credit team. In this role, you will be responsible for analyzing and reporting on the performance of our commercial loan portfolios, providing valuable insights to support strategic decision-making and risk management. You will work closely with various stakeholders across the bank to develop and maintain robust analytical frameworks and reporting tools. Title will be determined based on experience.

Responsibilities

• Develop and maintain comprehensive portfolio performance reports, dashboards, and presentations for senior management and other stakeholders.
• Analyze portfolio trends, identify key drivers of performance, and provide actionable insights on risk, profitability, and growth opportunities.
• Monitor key portfolio metrics, including asset quality, delinquency rates, and concentration risks.
• Conduct ad-hoc analyses to address specific business questions and support strategic initiatives.
• Optimize loan tracking software and reporting.
• Integrate AI technology to the portfolio monitoring team.
• Collaborate with data engineering and IT teams to ensure data accuracy, integrity, and accessibility for analytical purposes.
• Contribute to the development and implementation of portfolio segmentation strategies and risk scoring models.
• Assist in the preparation of regulatory reports and internal audit requests related to portfolio performance.
• Stay abreast of industry best practices and emerging trends in portfolio analytics.
• Document analytical methodologies, processes, and findings clearly and concisely.
  
  

What You Need

• Bachelor's degree in Finance, Accounting, Economics, Statistics, Mathematics, or a related quantitative field.
• 3+ years of experience in financial analysis, portfolio analytics, or risk management within the banking or financial services industry.
• Strong understanding of banking products (loans, deposits) and related financial concepts.
• Expert knowledge of Excel
• Experience with nCino preferred
• Excellent analytical, problem-solving, and critical thinking skills with the ability to interpret complex data and translate it into meaningful business insights.
• Strong communication (written and verbal) and presentation skills, with the ability to effectively communicate findings to both technical and non-technical audiences.
• Ability to work independently and collaboratively in a fast-paced environment.
• Strong attention to detail and a commitment to accuracy.