Portfolio Manager II - CRE

Position Overview

This CRE position’s responsibilities include all aspects of Portfolio Management as relates to assigned portfolio loans. The primary focus will be assisting multiple Lenders with the monitoring and management of their portfolio, maintaining a small portfolio of their own and assisting with other department related assigned functions.

Responsibilities

• Maintain maturities and past dues.
• Maintain covenant compliance of the CRE portfolio.
• Review and document financials, loan approvals, loan documents, etc.
• Prepare Annual Reviews to assess credit quality and covenant compliance.
• Prepare short term extensions of matured loans.
• Prepare semi-annual construction reviews.
• Perform property inspections.
• Prepare detailed Excel Group Exposure Chart.
• Request quotes/order appraisal and environmental reports.

Additional Responsibilities

• Provide detailed property descriptions and market analysis.
• Analyze financial statements, project economics, income and expense analysis, tenancy analysis, and property valuations.
• Analyze construction budgets with determination of sources and uses of funds.
• Analyze borrower and guarantor situations.
• Evaluate lending risks, identify offsets, and summarize recommendations.
• Prepare loan modification/covenant waiver memos.

Minimum Qualifications

• Bachelor’s degree 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 verbal and written communication and analytical skills.
• Proficient with software programs (Microsoft Word, Excel & Argus), financial analysis programs and discounted cash flow models.
• Strong customer service skills.

Working Conditions

• Mainly performed in a normal office environment.
• Noise levels usually are moderate.
• Prolonged sitting.
• Lifting from 5 to 10 lbs. (printer paper, storage boxes).
• Occasional bending or overhead lifting (storing files or boxes).
• The hazards are mainly those present in a normal office setting.

Pay Details

• $99,400 - $142,000 annually.
• Base pay 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.
• The role is incentive eligible based upon company, business, and/or individual goal achievement and performance.

Benefits

• Paid Time Off (PTO).
• Holiday (PTO).
• Health and Wellness benefits including Medical, Dental and Vision Plans, Flexible and Health Savings Accounts, and a 401(k) Retirement Plan.
• Disability Insurance.
• Employee Assistance Program.
• Basic Life Insurance.
• Sponsored Tuition Disbursement and Loan Repayment programs.
• Voluntary benefits including Supplemental Life Insurance, Accident, Critical Illness, Hospital Indemnity and Legal plans.