Portfolio Manager
Park Avenue Group
Royal Oak, MI · Posted October 10, 2026
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Pay compared with the market
This listing does not state pay. Across 63 open portfolio manager listings that state pay, the middle half runs $108,000 to $187,000 and the median is $132,500.
Listed pay is what employers advertise, not what people are paid.
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Among financial managers, AI is already used for a large share of the tasks. Measured exposure for financial managers: 39% (high).
Share of this job’s tasks that AI is already used for at work, from real usage. It is not a forecast of job loss, and a low number means no use seen yet. Source: Anthropic Economic Index.
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About the job
Angott Search Group is partnering with a nearly $600MM Michigan Bank in the search for a Portfolio Management Leader.
This role leads portfolio management activities, supports commercial credit decisions, and works closely with lending and commercial administration teams to ensure strong portfolio performance and credit quality.
Responsibilities:
Prepare and review detailed credit packages for commercial loan approvals, renewals, and restructures
Lead and supervise Portfolio Management team members
Oversee loan renewals, financial statement and covenant tracking, and ongoing portfolio management
Partner with Business Development Officers to structure credits and support lending decisions
Monitor construction projects to ensure budgets, timelines, and credit requirements are maintained
Support Commercial Administration with credit and loan-related activities
Ensure appropriate due diligence and documentation are completed prior to loan closing
Audit closing documents to verify accuracy and compliance with approved terms and conditions
Qualifications:
Bachelor’s degree in Business, Finance, or related field preferred.
5–7 years of commercial banking experience.
Strong knowledge of business banking and commercial lending credit policies and guidelines.
Work-out or Special Assets experience preferred.
Knowledge of commercial lending documentation, including title work, appraisals, flood determinations, lien searches, and UCC searches.
Strong interpersonal, communication, organizational, and multitasking skills.
Ability to manage deadlines and expectations effectively.
Experience with Fiserv preferred.