Portfolio Manager
We are currently seeking a Portfolio Manager in the Commercial Real Estate Group ("CREG"). This individual will be responsible for underwriting, credit monitoring, and portfolio management of acquisition, value-add / bridge, and construction loans across all asset classes.
Responsibilities include :
- Assist Relationship Manager (RM) with structuring, underwriting, and managing non-owner-occupied commercial real estate loans in accordance with the Bank's established guidelines and policies.
- Partner with the RM as the point of contact for the client and legal counsel, acting as a liaison to the credit department, the commercial support staff, and other internal business partners.
- Underwriting and drafting opportunity / pre-screen memos, formal loan approval memos, modifications, annual reviews, and risk rating changes.
- Ongoing portfolio management including tracking financial reporting, monitoring covenant compliance, and evaluating risk ratings and making changes when necessary.
- Ensure compliance with the Bank's regulatory and credit requirements.
- Perform other administrative duties and special projects as needed for the maintenance of a portfolio of clients.
Qualifications include :
Bachelor's degree or combination of education and directly related experience.5-10 years of commercial banking experience, ideally with a minimum of 2 years of direct portfolio management experience in commercial real estate.Strong underwriting, Excel / modeling, and business writing skills.Attention to detail.Ability to analyze personal, company, and fund financial statements.Strong understanding of credit policy and procedures and is able to accurately risk rate loans / credits.Develop solutions to problem loan credits.Has knowledge of treasury and derivative products and has demonstrated abilities in coordinating the resources of the Bank to bring effective full-service solutions to the company.Compensation :
The base pay range for this position is USD $75,000.00 / Yr. - USD $150,000.00 / Yr. Exact offers will be determined based on job-related knowledge, skills, experience, and location.