Portfolio Manager - Commercial Real Estate

Job Description:Underwrite new loan requests and manage existing commercial real estate loan portfolio for loans between $1-15 million.Assess the viability of new commercial real estate loan requests including spreading and analyzing financial statements, property characteristics, construction budgets, lease terms, industry risks, collateral requirements, and loan structure.  Prepare initial loan prescreens, as well as complete full underwriting analysis.Determine adequacy of primary and secondary repayment sources using project-specific and global cash flows.Perform ongoing reviews of existing real estate loan portfolio.Analyze financial conditions and trends. Review and report non-compliance with loan covenants.Ensure that all credit files are maintained in a consistent manner and include current financial statements, loan documentation, third-party reports, correspondence, etc.Initiate follow-up communications with clients and loan sources to develop a strong understanding of the loan request and deepen the business relationship.Reconcile proposed construction draw requests to original construction budget.May assist with other projects as needed. Required Qualifications:Typically requires a Bachelor's degree in finance, business, accounting or a related field and 3+ yrs. experience in commercial real estate lending role.Deep knowledge of credit risk analysis and underwriting of construction and term loans secured by multi-family, industrial, office and retail properties. Working knowledge of real estate appraisals, environmental reports, title policies, and loan documentation.Ability to review and interpret financial statements, rent rolls, and commercial leases. General understanding of construction draw processes including budget tracking, lien waivers, and construction inspections.Ability to work with minimal supervision.Excellent client relationship and communication skills, both verbal and written.Ability to make sound decisions and recommendations with supporting data.Working knowledge of computer software programs including Excel, Word, etc. required.