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CRE Portfolio Manager

Job Type: Full-time

Location: Parsippany, NJ

Summary: The CRE Portfolio Manager focuses on managing the CRE loan portfolio.  These responsibilities include reporting performance, monitoring, and tracking covenants, and other financial metrics, maintain a good relationship, and rapport with CEOs and CFOs of portfolio companies to ensure they are on track and the bank is managing risk properly. The portfolio manager is responsible for identifying and analyzing relevant information to assess on going credit risk, establish prescriptive plans for companies that move to the watch list and actively move to protect principal if credits end up in work out.

Minimum Job Requirements

  • Bachelor's Degree in Finance, Accounting, Management, Economics, or similar field, or equivalent work experience.

  • A minimum of 5+ years of experience managing CRE lending and loan portfolios management.

  • A minimum of 5+ years of experience in workout and special servicing. Solid understanding of industry nuances applicable to the credits contained within the group's portfolio.

  • Ability and experience to write policy and procedures for collateral monitoring, workouts, and periodic loan reviews.

  • Well-developed CRE credit analytic skills supported by formal credit and cash flow training. Hands-on financial analysis, structuring, underwriting, and portfolio management focused on CRE credits.

  • Skilled in proposing, negotiating and recommending credit and covenant structures.

  • Strong communication skills, and ability to influence others by persuasively presenting thoughts and ideas to gain commitment and agreement for proposed ideas and solutions.

  • Experienced in performing site visits, audits and working with regulators.

  • Proficiency with Microsoft Office Suite.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, LGBTQ, national origin, disability or protected veteran status.

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