Portfolio Manager - Corporate Channel

Genesis Capital (the “Company”) is one of the largest business purpose lenders in the country, focused on providing commercial real estate financing solutions to real estate developers who buy, renovate, and sell single-family and/or multi-family residential real estate. The Company is a subsidiary of Rithm Capital (parent company), a publicly traded mortgage real estate investment trust. Responsible for the ongoing monitoring, reporting, risk management, and administration of a real estate loan portfolio, with a focus on large borrower relationships, covenant compliance, sponsor oversight, construction monitoring, and proactive identification of credit risks.

Acts as a key partner to Lending Team Managers (LTMs), Relationship Managers (RMs), Relationship Associates (RAs), Credit, and Portfolio Risk teams to ensure timely escalations and effective portfolio management.

ESSENTIAL FUNCTIONS include the following. Other duties may be assigned.

Establish and maintain quarterly reporting, monitoring, and risk review processes for all relationships with commitments exceeding $20MM.

Partner with Technology and reporting teams to develop automated monitoring and reporting capabilities.

Conduct quarterly portfolio review meetings with Lending Team Managers to discuss performance, emerging risks, exceptions, and action plans.

Identify and elevate adverse trends and recommend mitigation strategies.

Monitor upcoming maturity dates and extension requests across the portfolio.

Track borrowers approaching maximum extension limits and elevate concerns proactively.

Assist lending teams in evaluating refinancing opportunities and structuring viable solutions for maturing credits.

Oversee quarterly covenant testing and compliance monitoring, including Debt Service Coverage Ratio (DSCR).

Occupancy requirements and trend analysis.

Other financial and operational covenants.

Manage liquidity covenant monitoring and testing.

Identify covenant breaches and coordinate remediation efforts with lending and credit partners.

Monitor upcoming sponsor reviews and renewal requirements.

Assist Relationship Managers and Relationship Associates in advancing sponsor renewals through the approval process.

Prepare interim sponsor updates and limit increase memorandums.

Assist with any Top 20 Sponsor reporting.

Provide portfolio-level analysis to senior leadership highlighting key risks, opportunities, and concentration considerations.

Monitor delinquent payment activity throughout the portfolio.

Assist lending teams with borrower outreach and resolution strategies.

Analyze delinquency trends and identify emerging portfolio risks.

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Bachelor’s degree in business or related field.

4+ years working experience in working as a portfolio analyst/associate.

Knowledge of bank operations/ systems and compliance/ regulatory issues.

Experience in private money or hard money preferred.

Expert knowledge in complex commercial lending and financial deal structuring.

Expert knowledge of credit underwriting policies, procedures, processes, collateral valuation, and documentation.

Highly Proficient/Advanced in Excel, Word, PowerPoint, and database application.

Strong…