Portfolio Manager - CRE

About the role

The Commercial Real Estate (CRE) Portfolio Manager assists the relationship managers with the underwriting of credit and the ongoing administration of loan portfolios to ensure that the Bank maintains high credit quality and to provide more time for the relationship managers to generate new business opportunities.

Responsibilities

• Underwrites requests for credit extensions to new and existing clients
• Performs detailed financial analysis for CRE and, on occasion, personal lending opportunities
• Prepares the following for presentation to Senior Loan Committee:
  • Credit Approval Request (CAR)
  • Modifications
  • Covenant Waivers/Amendments
  • Assessment of Real Estate Sponsorship
• Manages / monitors assigned portfolio for:
  • Loan Performance
  • Accurate and Timely Risk Rating
  • Required Financial Reporting
  • Covenant Compliance
  • Payment Delinquencies
  • Overdrafts
  • Monthly Construction Monitoring
• Ensures compliance with the Bank’s credit policies and procedures, identifying exceptions for approval when they occur
• Ensures the initial set-up of credit facilities on Baker Hill and other internal systems is consistent with the reporting requirements and covenants contained in the loan documents
• Prepares periodic financial reviews where required
• Prepares monthly special asset reports for senior management as required
• Ensures the timely spreading of financial statements provided by clients
• Accompanies the relationship manager on prospect / client calls when appropriate

Requirements

• Bachelor’s Degree in Finance, Accounting, or related field
• Minimum of 5 years of credit analysis and underwriting experience
• Completion of a bank commercial credit training program
• Experience analyzing commercial / residential real estate projects (income producing properties including retail, office, industrial and multi-family; land acquisition and development loans, and construction loans) strongly preferred

Essential Skills and Abilities

• Demonstrated knowledge of investment commercial real estate finance for multiple loan and property types
• Excellent organization skills, attention to detail and the ability to work in a fast-paced environment and complete assignments in a timely manner with minimal direction
• Strong written and verbal communication skills
• Strong presentation skills
• Ability to work independently and within a team
• Proficient in various spreadsheet and word processing applications, including the use of graphs and charts

Education

• Bachelor’s: Accounting
• Bachelor’s: Business Administration
• Bachelor’s: Finance

Work Experience

• General Experience – 3 to 6 years

Certifications

• Travel: Less than 25%

Benefits

The position is eligible for a benefits package that may include medical, dental, and vision; life insurance; critical illness insurance and accident insurance; disability benefits; retirement savings; paid time off (including vacation, holidays, and sick leave); and parental leave. Eligibility for benefits and specific offerings may vary based on position and employment status. To view more details of the benefits offered, visit Myrjbenefits.com.