Portfolio Manager II - CRE

POSITION OVERVIEW

KEY RESPONSIBILITIES

MINIMUM QUALIFICATIONS

PAY DETAILS

• Portfolio Management responsibilities including:

  • Monitor maturities and past dues.
  • Monitor covenant compliance of the CRE portfolio.
  • Monitor the receipt, review and proper documentation of financials, loan approvals, loan documents, etc.
  • Prepare Annual Reviews to assess credit quality and covenant compliance.
  • Prepare short term extensions of matured loans.
  • Preparation of Semi-annual construction reviews
  • Covenant compliance; performs property inspections.
  • Preparation of detailed excel Group Exposure Chart.
  • Request quotes/order appraisal and environmental reports.

• Additional Responsibilities include:

  • Detailed property descriptions and market analysis.
  • Detailed analysis of financial statements.
  • Project economics, income and expense analysis, tenancy analysis, and property valuations.
  • Construction budget analysis with determination of sources and uses of funds.
  • Borrower and Guarantor analysis.
  • Assess lending risks, clearly identify offsetting mitigates and summarize Recommendations.
  • Prepare loan modification/covenant waiver memos.

• Completes special projects as directed by the CRE Portfolio Manager Team Leader.

Minimum Qualifications:

• Bachelor’s degrees in Finance, Accounting or Economics required.
• Five (5) to Seven (7) years’ work experience in all facets of commercial real estate within financial industry, with a strong concentration in Banking.
• Strong Comprehensive financial analysis skills / experience.
• Comprehensive Commercial Real Estate loan analysis experience.
• Ability to manage a commercial real estate portfolio
• Ability to assist multiple Lenders with management of their portfolio
• Strong verb and written communicative and analytical skills.
• Proficient with software programs (Microsoft Word, Excel & Argus), financial analysis programs and discounted cash flow models.
• Strong customer service skills.

PAY DETAILS:

• $99,400 - $142,000 annually
• Please note, the base pay actually offered may vary based upon the candidate's skills and experience, job-related knowledge, education, geographic location, internal equity, and other applicable business and organizational needs.
• This role is incentive eligible based upon company, business, and/or individual goal achievement and performance.