Portfolio Manager - Investment Real Estate
Description Summary
The Portfolio Manager - Investor Real Estate is designated for underwriters with the greatest responsibility for complex business loan relationships and highest credit exposure.
Duties And Responsibilities
- Sustains Business Banking production by managing an individual pipeline of work.
- Reviews all financial and credit application information to make sound credit decisions.
- Credits typically include those with moderate to high complexity.
- Utilizes single approval authority.
- Periodically receives, analyzes, disseminates, and records required financial information.
- Ongoing assessment of risk factors, not inherent in the financial information.
- Sensitivity analysis.
- Timely updates risk ratings and adjusts the system of record, as necessary.
- Identifies potential problem loans and/or forecasts potential downgrade/upgrade to or from criticized or worse status.
- Oversight of system integrity.
- Anticipation of potential borrowing/credit needs, including renewals, restructurings, etc.
- Evaluation of adequacy of current credit facilities and structure and other credit-related products.
- Timely identification and escalation of financial deterioration.
- Appropriately assesses the risk profile of borrowers.
- Performs other duties as assigned.
Basic Qualifications
- Bachelor’s degree
- 3+ years’ experience with business or commercial underwriting in a centralized lending environment, analyzing primarily IRE
- Preferred: Bachelor's degree in Finance, Accounting or Business
- Experience with IRE including retail, multifamily, office, and warehouse industrial properties
- Strong portfolio management skills
- Excellent analytical skills along with the ability to write in a concise, logical manner to clearly document transactions risks and mitigants
- Customer service focus and good interpersonal skills are critical to success in this position
- A desire to work in a fast-paced environment
- Experience working in financial sales environment
Preferred Qualifications
- Bachelor's degree in Finance, Accounting or Business
- Experience with IRE including retail, multifamily, office, and warehouse industrial properties
- Strong portfolio management skills
- Excellent analytical skills along with the ability to write in a concise, logical manner to clearly document transactions risks and mitigants
Exempt Status
Yes
Workplace Type
Office
Compensation Range
The compensation range represents the anticipated low and high end of the base compensation range for this position. Actual compensation will vary based on various factors including but not limited to location, experience, and education. Colleagues in this position are also eligible to participate in an applicable incentive compensation plan. In addition, Huntington provides a variety of benefits to colleagues, including health insurance coverage, wellness program, life and disability insurance, retirement savings plan, paid leave programs, paid holidays and paid time off (PTO).