Commercial Real Estate Portfolio Manager
Commercial Real Estate Portfolio Manager
Veritas Partners
Plymouth Meeting, PA
See who Veritas Partners has hired for this role
Our client is a growing financial institution that spans multiple states. They're currently seeking a CRE Portfolio Manager to join their Commercial Banking Team.
Responsibilities:
- Positions themselves as a value-added resource for all assigned commercial real estate finance relationships, acting as a liaison between clients, RMs, retail offices, cash management, loan accounting and commercial call center.
- Maintains in-depth knowledge of loan products, services, and credit policies and procedures to ensure legal and regulatory compliance and sound credit decisions along with proper and timely customer service.
- With oversight from the RM, the PM will analyze structure, recommend, and submit loans for approval to appropriate approving authority or loan committee. Analysis will include preparation of credit memo, specifically, working closely with the Team Leader/RM in the review of financial information submitted, particularly in the sensitizing of financial projections for new loan requests, renewals, and credit reviews.
- Interacts with customers and their accountants in the credit analysis process.
- As necessary represent the RM at settlements.
- Monitors construction loans, lines of credit, permanent real estate loans and other outstanding credit facilities to ensure complete conformity with financial covenants/reporting requirements for the purpose of determining if the current risk rating is still appropriate.
- Maintains, monitors, and updates the database on the receipt and tracking of Financial Statements and Other Required Information (i.e. financial statements-annually, semi-annually, quarterly, tax returns, personal financial statements, Cash Flow Schedules, Portfolio Valuations, etc.).
- Tracking and clearing of exceptions (i.e. documentation, insurance, credit, etc.) for all assigned commercial relationships.
- Maintains a high standard of credit quality for all assigned commercial relationships and participates in the portfolio review process with RMs.
- Work in collaborative fashion with RM and Commercial Loan Documentation to ensure that all loan packages submitted for documentation contain the necessary and required information to expedite the process and minimize exceptions.
- Conduct post-closing audit/review of executed loan packages.
Requirements:
Minimum of a Bachelor’s Degree in Finance, Accounting or related field preferred
3+ years Commercial Real Estate Lending experience
Solid knowledge of commercial real estate lending practices, compliance issues, and underwriting skills.
Strong interpersonal skills and good oral and written communication skills
Ability to interface with internal and external customers on a daily basis
Intermediate proficiency in the Microsoft Office (Word, Excel and Outlook)
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Seniority level
Associate -
Employment type
Full-time -
Job function
Accounting/Auditing, Finance, and Analyst -
Industries
Banking, Financial Services, and Real Estate
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