CRE Portfolio Manager

North Dallas Bank and Trust (NDBT)•Frisco, TX

2h•Onsite

About The Position

The Commercial Real Estate Portfolio Manager (CRE PM) is responsible for the ongoing financial, collateral, and covenant monitoring of the Bank’s commercial, non-owner-occupied real estate portfolio. This position is a credit-risk monitoring and asset-management role and is not a production or business development position. The CRE PM partners with CRE lenders and Credit Administration to ensure timely, accurate, and disciplined oversight of funded loans and unfunded commitments. The ideal candidate is analytically oriented and prefers a long-term portfolio management career path rather than a sales/lending track. The role is located at the Corner of Fields Parkway and Legacy Drive in Frisco, Texas. NDBT offers a great team environment, opportunities for employees to grow and follow their passions, while providing a great work-life balance and job stability. NDBT leadership and employees foster and contribute to an environment of mutual respect, accountability, creativity, and teamwork, and at all times act with integrity, dignity, honor, and fairness.

Requirements

Bachelor’s degree in Finance, Accounting, Real Estate, or related field.
3–7 years of experience in CRE underwriting, construction loan administration, commercial credit analysis, or commercial asset management.
Strong proficiency in financial statement analysis.
Working knowledge of DSCR analysis, NOI calculation, lease structures (NNN, gross, modified gross), and construction budgets.
Advanced Excel skills.

Nice To Haves

Experience in a community or regional bank environment.
Familiarity with multifamily, retail, office, industrial, and hospitality property types.
Experience reviewing third-party inspections and AIA draw packages.
Understanding of lien law compliance.
High analytical discipline
Detail orientation
Structured documentation skills
Independent judgment within defined policy parameters
Risk awareness
Strong written commentary ability
Comfort in a non-sales career track

Responsibilities

Review and process construction draw requests for accuracy, budget compliance, lien waivers, and percentage-of-completion analysis.
Coordinate and review third-party inspection reports.
Validate adherence to approved construction budgets and contingency usage.
Monitor interest reserves and remaining loan proceeds.
Track completion timelines and identify cost overruns or funding gaps.
Escalate material variances to CRE leadership and Credit Administration.
Maintain ticklers for financial reporting requirements, rent rolls, operating statements, tax returns, insurance certificates, and property tax payments.
Review submitted property financials for DSCR compliance, NOI trends, vacancy shifts, and expense ratio anomalies.
Track covenant compliance and report exceptions.
Monitor lease expirations and rollover concentration risk.
Review requests for tenant improvement disbursements, capital expenditure reserves, and leasing commissions.
Validate lease terms and executed agreements prior to funding.
Confirm alignment with loan documents and approved budgets.
Analyze lease abstracts, anchor tenant terms, co-tenancy provisions, termination clauses, and percentage rent provisions.
Reconcile rent rolls to operating statements.
Identify tenant concentration risk and upcoming rollover exposure.
Assist Credit Department in preparation of quarterly portfolio performance reports, concentration reporting, and construction pipeline reports.
Support Credit Department with data collection for stress testing, trend analysis, and risk grading support documentation.
Maintain accurate system data integrity.
Partner with CRE lenders, Credit Administration, and Loan Operations.
Ensure loan file completeness and compliance with policy.
Not responsible for loan origination or business development.
No personal production goals.
Not responsible for independent credit approval authority unless specifically delegated.