Senior Lead Commercial Real Estate Portfolio Manager
District of Columbia, United States of America
Full Time
2 hours ago
$159,000 - $305,000 USD
Visa Sponsor
Key skills
LeadershipMentoringCommunication
About this role
Role Overview
Be responsible for the management of a portfolio of commercial real estate loans and investments within Real Estate Banking, our primary balance sheet lending CRE platform
Analyze and underwrite new loan opportunities within the assigned portfolio, utilizing market research, internal loan information, client data, and third-party market research
Review and make recommendations for approval (or denial) of loan requests, lease approvals, collateral releases, requests for letters of credit, funding of reserves/loan holdbacks, loan extensions and loan modifications
Collaborate with senior portfolio managers and coverage bankers to develop strategies around relationship optimization and deal level execution
Interface with customers to assist in identifying needs and maintaining strong relationships
Perform both sponsorship and loan level financial analysis
Complete in-depth property level analysis and market research
Present and advocate to credit committee for approval of loans
Work with outside counsel, internal compliance, and our loan closing teams to close modifications and new loans including review of third-party reports and loan documentation
Review and approve construction loan draws
Conduct quarterly and annual portfolio reviews to identify potential concerns
Conduct property tours / site visits
Maintain an in-depth knowledge of the local commercial real estate market
Present recommendations for resolving more complex situations and exercise independent judgment while developing expertise in the function, policies, procedures, and compliance requirements
Requirements
7+ years of Commercial Real Estate Portfolio Management experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
5+ years’ experience with various facility types including construction, term, bridge, perm, lines of credit, etc. and loan structures including recourse/non-recourse, secured/unsecured, and mezzanine financing
5+ years’ experience with commercial property types including multifamily, retail, industrial, and office.
Ability to develop and maintain strong relationships while actively participating in the successful execution of complex transactions.
Experience evaluating market conditions and identifying appropriate comparable properties.
Ability to apply sound judgment in the application of analytical conclusions to credit approval, structure, and management recommendations.
Demonstrated leadership in coaching, training and mentoring
Strong verbal, written, and interpersonal communication skills
Advanced Microsoft Excel skills, including formulas and dynamic spreadsheets to support core accounting and finance functions.
A BS/BA degree or higher
Benefits
Health benefits
401(k) Plan
Paid time off
Disability benefits
Life insurance, critical illness insurance, and accident insurance