Portfolio Manager - Private Banking Commercial Real Estate

PORTFOLIO MANAGER I-Private Banking Commercial Real Estate WHAT IS THE OPPORTUNITY?

The Portfolio Manager is part of the credit management team focused on the long-term risk-adjusted returns for the bank within the assigned business segment and/or geographic area(s). This individual manages a sub-set of existing credits and is a key partner in the origination of new credits.

• In partnership with Portfolio Managers and Credit Lead, this role will support the Private Banking Commercial Real Estate portfolio, while is comprised largely of mini-perm loans to high net worth individuals and family offices across a variety of product types (multifamily, retail, industrial, office, self-storage, and unsecured).

• Experience working with high net worth / private banking / wealth management clients is preferred. Candidate must have foundational understanding of personal financial statements, real estate schedules, and tax returns.

• On occasion, this role may support other CRE verticals in the bank, including institutional real estate and construction lending.

• Provide comprehensive credit recommendations and presentations to key risk partners related to prospect(s) and existing clients of the bank (including moderate to complex new credit structures, modifications, and extensions) based on a comprehensive review of the borrower(s) and guarantor(s)' financials (which may include current and historical financial statements, tax returns, projections and/or cash flow proformas.)

• This individual is expected to present credit recommendations within the bank's risk appetite and framework and follow the bank's policies, processes and procedures.

• This individual is expected to be responsive to their clients' credit needs with an elevated level of client service and credit acumen to address their needs appropriately and timely.

• This individual is responsible for the ongoing oversight and management of its portfolio (including timely risk rating assessments, reporting covenants, covenant compliance, and the preparation of quarterly and annual reports.)

• Teamwork:
  Mentors junior colleagues, fosters a culture of continuous improvement and professional growth.

• Portfolio Management:
  Owns and manages an assigned credit portfolio, ensuring alignment with organizational goals and risk management practices, including underwriting all types of credit exposures, managing credit risk, and responding to prospective client inquiries.

• Credit Analysis:
  Analyzes credit data and perform underwriting to assess creditworthiness and recommend appropriate structures to the Sales team and client. Prepare underwriting memorandums and approval documents for presentation to Credit Risk.

• Performance Monitoring:
  Performs portfolio management activities to monitor and analyze portfolio performance, including periodic reviews and covenant tracking.

• Data Analysis:
  Analyzes credit data to support underwriting and creditworthiness assessments including developing and presenting individual credit recommendations.

• Risk Management:
  
  Practices effective risk management, maintaining high standards of credit quality and origination in alignment with Bank’s credit risk appetite, and compliance with institutional and regulatory requirements.

• Collaboration:
  
  Partners with Relationship Manager(s) to successfully manage credit account relationships. Work closely with cross-functional teams to ensure cohesive and effective credit operations to achieve the Bank’s strategic initiatives. Participate in ad-hoc projects to support the organization’s priorities.

• Client Service:
  Provides exceptional client service by maintaining professionalism and effectively interacting with clients to understand their needs and provide tailored credit solutions. Participate in joint sales pitches with Relationship Manager(s).

• Bachelor's Degree or equivalent in Finance, Business or related field
• Minimum 4 years of progressively increasing credit underwriting and portfolio management experience in relevant industry/industries Req

• Basic experience in credit management and…