Director, Portfolio Management – Real Estate Finance

Role Overview

• Manage the Portfolio Management team as the individual portfolio manager performs the following functions:
• Monitor operating performance, financial condition, and credit risk for assigned loans
• Proactively identifies issues and recommends or resolves issues in a timely and effective manner
• Act as a primary daily point of contact with assigned borrowers to establish a working relationship, understand the performance of the underlying property, ensure compliance with loan agreements and be engaged with the Borrower in anticipating future issues and needs
• Oversee borrower funding requests are fulfilled. For construction projects, work with the Construction monitoring group to approve draws
• Ensure loan documentation and credit files for assigned loans are updated and maintained in a timely fashion in the Bank's internal document retention system, in compliance with internal procedures and banking guidelines
• Manage the workouts of subperforming or nonperforming loans; In certain circumstances, MD will take lead at this point in the life of the loan
• Prosecute parrallel path executions aggressively to reach a consensual resolution or foreclosure of the collateral
• Manage the activity of the REO asset and engage to liquidate the asset in a timely manner
• Own the following processes and procedures:
• Loan Modifications and Approvals
• Loan Closings
• Construction Monitoring and Draws
• Loan Maturities
• Past Dues
• Criticized Loans
• Quarterly & Ad Hoc Risk Ratings
• Impairment Analysis
• Foreclosue & REO (including SPE formation and resolutions)
• Transparent Reporting for the working team (Portfolio Mgmt, Originators, & President)
• Prepare executive reports and presentations
• Lead the asset management of the Legacy CPACE Assessments and Legacy Consumer Real Estate loan portfolio

Requirements

• Bachelor's Degree required; Master’s Degree preferred
• Minimum of 10 years of lending, credit risk management or portfolio management experience with a commercial finance company or bank required
• Comfortable with quickly raising potential, material issues and negative trend to the Specialty Lending management team as soon as identified
• Willingness to learn how to read and interpret loan and legal documentation
• Exceptional attitude and commitment to teamwork
• Strong quantitative analytical skills, with a willingness to learn analysis techniques and methods
• Understanding of accounting and finance matters with a willingness to learn additional topics relevant to Specialty Finance
• Travel: 20% Travel to clients and internal portfolio meetings required as needed (1-2 multi-day trip a month)
• Proficiency with Microsoft Office tools (Outlook, Word, PowerPoint, Excel)
• Excellent verbal, written, and interpersonal communication skills
• Strong organizational skills and attention to detail
• Outstanding problem-solving and time management skills
• Self-motivated, self-directed, and results-oriented
• Adaptable and able to multitask in a fast-paced environment
• Can work independently and within a team; solution-oriented with a collaborative approach

Benefits

• Comprehensive health, dental, and vision plans
• 4 weeks PTO
• 401k + company match
• Metro SmartTrip benefits ($50/mo)
• Remote or hybrid work schedules for most positions
• Incentives for purchasing solar panels, electric vehicles, biking to work, etc.
• Paid subscriptions to Veterans Compost, Capital Bikeshare, Imperfect Foods reimbursement, and more!
• Best Workplaces for Commuters 2023 & 2024 winner
• The Washington Post Top Workplaces 2023, 2024, and 2025 winner
• American Banker Best Banks to Work For 2023 winner