Commercial Real Estate Manager (Banking)

About the role

Intracoastal Bank is seeking a highly motivated and experienced Commercial Real Estate Manager to join our dynamic banking team. You will be part of a diverse team of top performers in banking that is passionate about providing exceptional service and banking solutions to our communities to help them thrive.

Responsibilities

• Team Leadership: Work closely with commercial relationship managers to review, structure, analyze and market to commercial real estate related lending and deposit opportunities.
• Portfolio Management: Oversee and manage the bank’s commercial real estate loan portfolio, ensuring compliance with credit policies, risk management standards, and regulatory requirements.
• Loan Origination: Identify and develop new business opportunities by building relationships with commercial real estate developers, investors, and property owners.
• Underwriting and Analysis: Conduct thorough financial analysis, risk assessments, and due diligence for all types of loans, primarily focused on commercial real estate loan applications.
• Client Relationship Management: Manage a portfolio of commercial loan relationships, facilitating all aspects of client management, including calling effort to retain and expand the relationship to meet additional needs.
• Risk Mitigation: Monitor portfolio performance, identify potential risks, and implement strategies to mitigate credit and operational risks.
• Regulation and Compliance: Support CLO and Chief Credit/Risk Officer with the oversight of loan operations, regulatory relations, and compliance as required.
• Loan Management: Oversee the collection and review of updated financial data and ensures the prompt monthly repayment of the related loans.
• Networking: Effectively represent the Bank to the community, including attending networking opportunities with the Chambers, Economic Development Groups, Team Volusia, and the CID Realtors monthly meetings.

Qualifications

• Education: Bachelor’s degree in Finance, Real Estate, Business Administration, or a related field.
• Experience: Minimum of 10-15 years of experience in lending, primarily Commercial Real Estate lending, with extensive knowledge of financial institution policies and procedures regarding consumer, commercial, and mortgage lending.
• Skills and Abilities: Strong understanding of commercial real estate markets, property valuation, and financial analysis; excellent negotiation and relationship-building skills; proficiency in financial modeling and risk assessment tools; knowledge of banking regulations and compliance requirements; exceptional communication and presentation skills; strong research and problem resolution skills; superior customer service skills; ability to work with all levels of employees; proficient with Microsoft Windows, Word, and Excel.
• Knowledge: Accounting procedures, financial statement analysis, and credit decision process; various analytical tools with regard to the extension of credit.
• Certifications: Formal credit training, preferably in commercial banking environment.
• Attributes: Detail-oriented, proactive, and able to work independently in a fast-paced environment.

Benefits

• Employee Stock Ownership Program (ESOP)
• 401k Retirement Plan
• Professional Development
• Paid Time Off
• Health Insurance
• Other Insurance