Commercial Real Estate Portfolio Manager I - Mobile, AL

BankPlus•Mobile, AL

1d•Onsite

About The Position

The Commercial Real Estate Portfolio Manager I is responsible for evaluating and preparing commercial real estate loan packages in a timely manner while adhering to bank standards and loan policies. The CRE Portfolio Manager will work with a credit officer, if applicable, and Commercial Real Estate Lenders to meet client and bank expectations. The Commercial Real Estate Portfolio Manager I will learn to underwrite loan requests which include new loans, amendments, extensions, modifications and renewals.

Requirements

Bachelor’s degree in Business Administration, Finance, Accounting or a closely related field
Minimum 2 years’ credit analysis experience and working with CRE Underwriters and Lenders or a Master’s degree in Business Administration, Finance, Accounting or a closely related field
Experience assisting CRE Lenders with high dollar credit amounts
Knowledge of commercial and retail lending services, documentation, underwriting, regulatory guidelines, financial ratios, credit analysis, and lending duties is required
Able to interpret and analyze personal and business tax returns/financial statements
Ability to calculate complicated financial ratios and apply accordingly
Excellent communication skills both orally and in writing, read, analyze, and interpret general business periodicals, professional journals, technical procedures or governmental regulations
Ability to write reports and business correspondence
General computer and typing experience with Microsoft Office Suite, to include Excel, Word, and Outlook
Must possess attention to detail
Ability to handle multiple tasks with daily deadlines.

Responsibilities

Learn to underwrite loan requests which include new loans, amendments, extensions, modifications and renewals.
Work with lender to analyze financial information and produce a cash flow worksheet.
Perform and review financial analyses.
Analyze financial statements, industry and market data and prepare credit approval package that clearly outlines and expresses an independent opinion on key considerations in the credit decision.
Order financial spreads, global cash flow analysis, appraisals, evaluations, and environmentals.
Work with Lender in evaluating the general contractor and property management company, if applicable.
Along with lender, review draw requests, title endorsements and coordinates property inspection and certification of draw by an independent inspector.
Work with lender and customer, including accompanying lender with customer calls and collect financial information.
Track and resolve document exceptions related to closing and all ongoing exceptions.
Test project performance against original underwriting and appraisal projections upon receipt of required reporting information.
Perform annual, quarterly, or more frequent reviews to assess project performance via covenant testing, if applicable, and risks associated with the project, borrower, and guarantors.
Work with CRE Lenders in obtaining and reviewing construction loan documentation in relation to Borrower draw requests.
Pull credit reports.
Work with lender to produce term sheets and commitment letters.
Work with lender in entering information in nCino and submitting loan packages for approval.
Gather all appropriate documentation such as Leases, other special conditions, etc.
Review all loan documents prior to and post-closing to ensure accuracy and completion in accordance with loan approval.
Remain informed of current economic and legislation conditions.
Serve in civic, community and industry related activities, as needed.
Remain current on FDIC, OCC, and State Banking Regulations.
Maintain a thorough knowledge of Bank products, services, policies, procedures and appropriate regulatory issues as related to daily job functions, including but not limited to: Bank Secrecy Act; Privacy Act; Fair Lending Act; Regulation E, etc.
Complete required compliance training and adhere to the Bank’s standard of conduct.
Participate in the bank’s High-Performance Rewards Connections program.
Make referrals to the Mortgage Center and Wealth Management.
Perform other duties as requested.