Lending Portfolio Manager
Job Description:
A Portfolio Manager position is currently open within the Commercial Real Estate Group (CREG) which involves evaluating, overseeing credit activities, and managing portfolios that include acquisition, value-add/bridge, and construction loans for all asset types.
Responsibilities:
- Aid the RM in structuring, evaluating, and supervising non-owner-occupied commercial real estate loans while adhering to the Bank's established regulations and principles.
- Support the Relationship Manager by connecting with clients and legal counsel, bridging the gap between various departments such as credit assessment and commercial support teams.
- Assessing and preparing pre-screening notes, official loan approval communications, adjustments, annual appraisals, and revisions to risk classifications.
- Continuous portfolio supervision includes tracking financial reports, ensuring compliance with agreements, and reviewing risk ratings to make adjustments when required.
- Ensure that all activities follow the Bank's regulations and credit criteria.
- Handle miscellaneous administrative duties and specialized initiatives as necessary to manage a client base.
Qualifications:
- The position calls for a bachelor's degree or a combination of education and closely related experience.
- Candidates with a commercial banking background of 5-10 years, including a minimum of 2 years managing commercial real estate portfolios, are sought after for this position.
- Strong underwriting understanding, Excel modeling proficiency, and effective business writing aptitude.
- Attention to detail.
- Skill in the analysis of personal, corporate, and fund financial statements.
- Demonstrates a robust comprehension of credit policy and procedures and excels in accurately rating the risk of loans/credits.
- Establish remedies for troubled loan credits.
- Shows proficiency in treasury practices and derivative offerings, highlighting the adeptness in leveraging the Bank's resources to offer comprehensive services that meet the company's needs with efficacy.