Portfolio Manager II - CRE

About the role

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 will include the preparation of short term extensions, modifications, borrower contact and comprehensive financial review of both individual and project economics and valuation, guarantor analysis, market analysis and risk rating recommendation. The loan analyses include both CRE construction loans and CRE permanent mortgages. This position is considered more experienced in the job family. Work is mainly performed in a normal office environment. Noise levels usually are moderate. May also involve travel to customers and property locations. 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.

Responsibilities

• 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.
• 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.

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.

Skills

• Strong Comprehensive financial analysis skills / experience.