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Portfolio Manager CRE
Portfolio Manager CREIDB • Aventura, Florida, USA
Portfolio Manager CRE

Portfolio Manager CRE

IDB • Aventura, Florida, USA
[job_card.variable_days_ago]
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  • [job_card.full_time]
[job_card.job_description]
  • Perform timely financial analysis / underwriting for renewals annual reviews and modifications (extensions waivers amendments etc.) by effectively weighing IDBNYs credit policies and understanding of desired risk profile
  • Proactively monitor the portfolio for indicators of stress / risk such as failed covenants downward financial statement trends payment schedule interruptions collateral devaluation etc.
  • Keep RMs informed of any issues with credit or portfolio risk
  • Identify and inform RM of cross-sell referral and credit expansion opportunities
  • Ensure thorough and on-time collection of financial statements rent rolls and other required reporting requirements to allow for timely completion of End of Month (EOM) reports required for portfolio management
  • Support RMs in providing top client service in-line with the banks expected high standards
  • Remain well informed on all client matters to minimize risk
  • Complete the annual review of credits
  • Remain fully compliant on all client matters
  • Achieve all individual goals and contribute to all team goals
  • Develop positive working relationships with all segments and individual bank partners
  • Complete all required training timely
  • Conduct oneself as a true brand ambassador for the bank
  • Qualifications :

    • Portfolio Manager needs to have strong credit and organizational skills as well as solid understanding of commercial real estate credit facilities (bridge loans term loans construction loans lines of credit other commercial mortgage types etc.) with loan sizes varying from $5MM to $50MM
    • Minimum experience of 3 5 years in commercial loan portfolio management / underwriting or another relevant area required
    • Must be able to work as part of the Middle Office team working together with Direct Manager Account Officers and Group Manager
    • Willingness to take on special projects as they arise.
    • Should already be familiar with bank reports systems and processes
    • Should possess strong communication skills (verbal and written)
    • Ability to work in a collaborative environment and while meeting tight deadlines
    • Bachelors degree in a related field required
    • Technology Skills :

    • Strong technical skills including MS Office : Excel Word and PowerPoint
    • Prior experience with Salesforce and Core Banking systems is beneficial but not required. Other CRM experience is a plus.
    • Jack Henry / SilverLake FiServ banking application experience is a plus but not required.
    • Please note that this role requires on-site presence while the Bank has a hybrid schedule of 3 days in the office / 2 days remote it is dependent on the position the hiring manager and business needs. Some roles may require to be 4 / 5 days in the office.

      Additional Information :

      Disclaimer

      The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not to be construed as an exhaustive list of all responsibilities duties and skills required of personnel so classified. All personnel may be required to perform duties outside of their normal responsibilities from time to time as needed.

      All your information will be kept confidential according to EEO guidelines.

      Due to COVID-19 we are now operating on a hybrid schedule. We value the safety of our employees because were all in this together.

      NO AGENCIES PLEASE.

      IDB BANK INCLUDING ITS SUBSIDIARIES AND DIVISIONS PROVIDES EQUAL EMPLOYMENT OPPORTUNITIES TO ALL EMPLOYEES AND APPLICANTS FOR EMPLOYMENT WITHOUT REGARD TO RACE COLOR RELIGION SEX SEXUAL ORIENTATION NATIONAL ORIGIN AGE DISABILITY GENETIC STATUS CITIZENSHIP STATUS MARITAL STATUS MILITARY OR VETERAN STATUS CURRENT UNEMPLOYMENT OR ANY OTHER LEGALLY PROTECTED CATEGORY IN ACCORDANCE WITH APPLICABLE FEDERAL STATE AND LOCAL LAW. NOTHING IN THIS SITE CONSTITUTES A PROMISE OR OFFER OF EMPLOYMENT.

      Remote Work : No

      Employment Type : Full-time

      Key Skills

      Project / Program Management,Project Portfolio Management,Portfolio Management,Credit Analysis,Banking,Pricing,Analysis Skills,Project Management,Financial Analysis,Budgeting,Property Management,Contracts

      Experience : years

      Vacancy : 1

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    Portfolio Manager • Aventura, Florida, USA

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