Commercial Real Estate Portfolio Manager

First Trust Bank•Conshohocken, PA

1d•Hybrid

About The Position

The Commercial Real Estate Finance Portfolio Manager is responsible for the ongoing management, monitoring, and credit oversight of a portfolio of commercial real estate loans. This role supports relationship managers and credit teams by ensuring sound credit administration, compliance with bank policies, and proactive risk management across stabilized and transitional assets. Asset classes include multifamily, office, industrial, retail, construction, and specialty assets.

Requirements

Minimum of a Bachelor’s Degree in Finance, Accounting or related field preferred
Goal orientated with 5 to 7 years Commercial Real Estate Lending experience
Sound knowledge of commercial lending practices, compliance issues, and underwriting skills
Strong interpersonal skills and good oral written communication skills
Ability to interface with internal and external customers on a daily basis
Intermediate proficiency in the Microsoft Office (Word, Excel and Outlook)

Responsibilities

Assists in the development of new business for Firstrust.
Is alert to expressed customer/ prospect needs and works closely with relationship managers (RM) to suggest, cross-sell, and implement appropriate banking products and services.
The primary focus is to retain and organically grow the assigned relationships.
Positions themselves as a value-added resource for all assigned commercial relationships, acting as a liaison between clients, RMs, retail offices, cash management, loan accounting and commercial call center.
Maintains in-depth knowledge of loan products, services, Firstrust’s credit policies and procedures to ensure legal and regulatory compliance and sound credit decisions along with proper and timely customer service.
Assists in the development and training of the credit analyst team, including PM and Credit Analysts with respect to credit analyses, legal documentation, portfolio management and Firstrust’s policies and procedures.
With oversight from the RM and Credit Manager, the PM will analyze structure, recommend and submit loans for approval to appropriate approving authority or loan committee.
Analysis will consist of overseeing credit analyst’s preparation of credit memo, specifically, working closely with the analyst in the review of financial information submitted, particularly in the sensitizing of financial projections for new loan requests, renewals, and credit reviews.
When appropriate or necessary, the PM may prepare the credit memorandum in lieu of using a credit analyst.
Interacts with customers and their accountants in the credit analysis process.
Review draft documents prepared by Loan Documentation (when using Laser Pro) or outside counsel for proper representation of credit approval, and when necessary, negotiate changes to the credit approval with both the approving authority and the client/prospect.
When necessary, represent the RM at settlements.
Monitors construction loans, lines of credit, permanent real estate loans and other outstanding credit facilities to ensure complete conformity with financial covenants/reporting requirements for the purpose of determining if the current risk rating is still appropriate.
Maintains, monitors, and updates the database on the receipt and tracking of Financial Statements and Other Required Information (i.e. financial statements-annually, semi-annually, quarterly, tax returns, personal financial statements, Aging Reports, Portfolio Valuations, etc.
Tracking and clearing of exceptions (i.e. documentation, insurance, credit, etc.) for all assigned relationships.
Maintains a high standard of credit quality for all assigned commercial relationships and participates in the portfolio review process with RMs
Work in collaborative fashion with RM and Commercial Loan Documentation to ensure that all loan packages submitted for documentation contain the necessary and required information to expedite the process and minimize exceptions.
Conduct post-closing audit/review of executed loan packages.