Portfolio Manager Associate - CRE

Position Overview

This entry level CRE Portfolio Management position is designed to provide knowledge, experience, and skills in handling all aspects of Portfolio Management under the guidance of a PM Team Leader and senior Portfolio Managers. The focus is on supporting senior PMs with direct portfolio management and assigned departmental functions. Responsibilities include preparing comprehensive financial reviews of both individuals and project economics and valuations, guarantor analysis, market analysis, and risk rating recommendations.

The role covers CRE construction loans and CRE permanent mortgages.

• Monitor covenant compliance of the CRE portfolio.
• Prepare initial financial review of borrower financials.
• Prepare annual reviews of existing loans to assess credit quality and covenant compliance.
• Perform property inspections.
• Assist multiple Senior PMs with portfolio monitoring and management.
• Prepare detailed Excel group exposure charts.
• Prepare semi‑annual construction reviews.
• Develop detailed property descriptions and market analysis.
• Analyze financial statements.
• Conduct project economics, income and expense analysis, tenant analysis, and property valuations.
• Analyze borrower and guarantor information.
• Assess lending risks, identify offsetting mitigations, and summarize recommendations.
• Complete special projects as directed by the CRE Portfolio Manager Team Leader.

• Bachelor’s degree in Accounting, Finance, or Economics.
• 0–1 year of related experience in the financial industry.
• Ability to work collaboratively in a team environment.
• Strong verbal and written communication skills.
• Proficiency with Microsoft Word and Excel.

Work is primarily performed in a normal office environment. Noise levels are usually moderate and 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.
• Hazards are primarily those present in a normal office setting.

We are an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to age, 40 and over, color, disability, gender identity, genetic information, military or veteran status, national origin, race, religion, sex, sexual orientation or any other applicable status protected by state or local law.

$61,600 – $88,000 annually

This role is incentive eligible based upon company, business, and/or individual goal achievement and performance.

Team members accrue paid time‑off (PTO), receive Holiday (PTO) and are eligible to participate in the bank’s Health and Wellness benefits including Medical, Dental and Vision Plans, Flexible and Health Savings Accounts, and a 401(k) Retirement Plan. In addition, the company provides Disability Insurance, an Employee Assistance Program, and Basic Life Insurance. Company‑sponsored Tuition Disbursement and Loan Repayment programs are also available.

Voluntary benefits include Supplemental Life Insurance, Accident, Critical Illness, Hospital Indemnity and Legal plans.