CRE Portfolio Manager

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JOB FUNCTION / SUMMARY :

Responsible for evaluating, recommending approval or declining of routine and moderate to increasingly complex commercial real estate loan applications in a timely manner and according to business and bank standards. Performs portfolio management duties such as tracking loan compliance, past dues, collateral monitoring, risk rating migration, clearing, and minimizing documentation exceptions, and completing renewals / reviews. Works under close direction of manager and / or senior officer. Supports and assists underwriters as workload dictates. Member of the customer's Credit Delivery Team. Works very closely with Commercial Real Estate Bankers and other business partners to efficiently and effectively deliver services. Coordinates and facilitates lending activities as required. Loan documentation negotiations are more complex and involved than the Portfolio Manager 2. Expected Number of Portfolio Accounts : 20-25. Portfolio Commitments : $100MM - $150MM.

ESSENTIAL DUTIES & RESPONSIBILITIES :

• Works directly with the CRE Relationship Bankers to obtain all necessary financial statements and project information in order to analyze credit requests.
• Analyzes financial statements including footnotes.
• Completes due diligence process by ordering reports.
• Teams with Senior CRE Portfolio Manager and CRE Banker to provide support as needed to help develop the structure and pricing of a transaction.
• Prepares credit approval package that clearly outlines and expresses a reasoned opinion on key considerations in the credit decision.
• Conducts company, industry, and market analyses to further assess borrower credit quality.
• Performs market and industry analyses to understand macroeconomic and industry drivers.
• Monitors documentation process and approves all legal documents.
• Reviews and approves all legal documents, whether internally or externally prepared, to ensure accuracy and completion in accordance with loan approval.
• Works with CRE Bankers in obtaining and reviewing construction loan documentation (construction contract, architect's contract, final plans and specifications, final cost breakdown / schedule of values, construction disbursement schedule).
• Reviews draw requests (AIA G702 form) and coordinates property inspection and certification of draw by Bank's inspector.
• Underwrites extensions, modifications, and renewals, including performing and reviewing financial analyses and updating the borrower's credit file.
• Tracks and resolves document exceptions related to closing and ongoing exceptions. Monitors credit status and quality of loans on a regularly scheduled basis, including assessment of current risk rating.
• Tests project performance against original underwriting and appraisal projections upon receipt of required reporting information (i.e., monthly, quarterly, semi-annual, or annual operating statements, leasing reports / rent rolls, etc.).
• Performs annual, quarterly, or more frequent reviews (depending on the risk rating and type of project) to assess project performance and risks associated with the project, borrower, and guarantors
• Obtains market and industry information.
• Provides general support to Commercial Real Estate Underwriters and Bankers
• Serves in civic, community and industry activities as needed.
• Keeps informed of current economic conditions and legislation which may affect customer relationships and the Commercial Line of Business.
• Performs other related job duties and special projects as assigned.
• Complies with all applicable federal, state and local banking and industry related laws and regulations including, but not limited to, the Bank Secrecy Act
• Demonstrates organizational integrity and business ethics as it relates to this position, and communicates this commitment to any applicable subordinates.
• Secures and safeguards all customer information according to bank guidelines, including cash, customer account data, and other sensitive information.

SUPERVISORY RESPONSIBILITIES :

This job has no supervisory responsibilities.

MINIMUM REQUIRED EDUCATION, EXPERIENCE & KNOWLEDGE :

ESSENTIAL MENTAL & PHYSICAL REQUIREMENTS :

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Equal Opportunity / Affirmative Action Employers. All qualified applicants will receive consideration for employment without regard to race, color, religious beliefs, national origin, ancestry, citizenship, sex, gender, sexual orientation, gender identity, marital status, age, physical or mental disability or history of disability, genetic information, status as a protected veteran, disabled veteran, or other protected characteristics as required by federal, state and local laws.