Portfolio Manager Senior

About the role

The Portfolio Manager – PRO CRE is responsible for preparing detailed credit analyses of non-owner occupied commercial real estate loans to facilitate credit approvals. They possess a thorough understanding of various lending facilities and CRE product types such as retail, office, multi-family, lodging, industrial, and senior living. The role involves monitoring the real estate portfolio through periodic reviews, financial analysis, identifying negative trends, and conducting covenant checks.

Responsibilities

• Review rent rolls, operating statements, and financial data to identify trends and issues.
• Detect portfolio weaknesses and alert relevant stakeholders to deteriorating conditions.
• Prepare and monitor covenant checks, ensuring compliance with loan agreements and updating systems accordingly.
• Oversee construction loan progress via inspection reports and borrower projections.
• Conduct annual reviews and update risk models based on project status and market conditions.
• Manage upcoming loan maturities and renewals in collaboration with Relationship Managers.
• Monitor past dues and overdrafts, working to resolve issues.
• Ensure proper loan coding and documentation updates in loan systems, reflecting project completion and compliance.
• Attend client and portfolio review meetings as appropriate.

Qualifications

• Bachelor’s degree in business, accounting, or finance; Master’s preferred.
• Minimum of 7 years of experience in commercial real estate loan underwriting or related roles.
• Experience with commercial credit analysis and portfolio management.

Skills

• Proficiency in Microsoft Office suite.