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Portfolio Specialist


Recruitment #21-002586-0014




401 E. Pratt Street, Baltimore, Maryland 21202

Main Purpose of Job

The Maryland Department of Commerce is seeking qualified applicants for the position of Portfolio Specialist (Administrator I) within the Division of Business and Industry Sector Development’s Office of Finance Programs (OFP). The primary function of this position is to support the administration and monitor client accounts ensuring that all required compliance, legal, and financial obligations are achieved.   Incumbent will monitor OFP's active accounts of loans, grants and investments; enter requisitions for approvals of finance transactions using the State’s Financial Management Information System (FMIS); review loan documentation, analyze employment reports; generate management reports; enter information into the Department’s customer relationship database Salesforce; input finance transactions into OFP’s Portfol database; perform cash receipts duties, as needed; prepare client correspondence; maintain compliance and credit files; process and submit bills.


The selected candidate will be well organized, self-motivated, team oriented and able to work independently; possess excellent interpersonal, written, and oral communication skills; analytical and problem-solving skills and an aptitude for detailed work; and knowledge of collateral documentation, portfolio management, and general financial/accounting processes; and be proficient in the use of Microsoft Office, Google Mail, Customer Relationship Management Databases, FMIS, or similar.


EducationA Bachelor's degree from an accredited college or university.

Experience:  Four years of experience in administrative staff or professional work. 


1.  Additional experience in administrative staff or professional work may be substituted on a year-for-year basis for the required education.   
2.  Additional graduate level education at an accredited college or university may be substituted at the rate of 30 semester credit hours on a year-for-year basis for the required experience.  
3.  Candidates may substitute U.S. Armed Forces military service experience as a commissioned officer involving staff work related to the administration of rules, regulations, policy, procedures and processes, or overseeing or coordinating unit operations or functioning as a staff assistant to a higher-ranking commissioned officer on a year-for-year basis for the required education and experience.


It is desired or preferred the candidate possess the following qualifications: 

  • Possession of a bachelor's or advanced degree in accounting, finance, business administration or public administration from an accredited college. 
  • Three (3) of the required experience is in banking to include managing commercial credit portfolios.
  • Experience with collateral documentation, portfolio management and general financial/accounting processes.
  • Experience using Customer Relationship Management Database, FMIS, or other comparable software. 
  • Proficient in the use of Microsoft Office and Google Mail


Employees in this classification may be assigned duties which require the operation of a motor vehicle. Employees assigned such duties will be required to possess a motor vehicle operator's license valid in the State of Maryland.


Please make sure that you provide sufficient information on your application to show that you meet the qualifications for this recruitment. All information concerning your qualifications must be submitted by the closing date. We will not consider information submitted after this date. Successful candidates will be ranked as Best Qualified, Better Qualified, or Qualified and placed on the eligible (employment) list for at least one year.


The assessment may consist of a rating of your education, training, and experience related to the requirements of the position. It is important that you provide complete and accurate information on your application. Please report all experience and education that is related to this position.



If you have questions about this recruitment, please contact the Department of Commerce at 410-767-6300. You may also visit our website at:  

TTY Users: call via Maryland Relay 1-800-735-2258

It is highly preferred that you apply online at - review Career Openings section. Please attach a resume along with the supplemental questionnaire to your online application.  If you are unable to apply online, you may submit the State paper application, resume, and supplemental questionnaire (by closing date) to:

Maryland Department of Commerce - Office of Human Resources 

ATTN: Portfolio Specialist #21-002586-0014

World Trade Center – 401 East Pratt Street, 10TH Floor 

Baltimore, Maryland 21202 

People with disabilities and bilingual candidates are encouraged to apply.

We thank our Veterans for their service to our country and encourage them to apply. 

As an E-Verify and Equal Opportunity Employer, Maryland is committed to recruiting, retaining, and promoting employees who are reflective of the State’s diversity.