Credit Underwriter I/II-Commercial Real Estate Portfolio Mngt
About The Position
This role is on the Portfolio Management Team and is responsible for the ongoing management and primary accountability for all monitoring and maintenance activities for an assigned portfolio of commercial real estate loans, primarily consisting of larger/complex client relationships. They monitor the operating performance and financial conditions of existing commercial real estate facilities to proactively identify issues and opportunities. PMUs deliver financial, industry, economic and other analysis to facilitate decision making and inform risk rating recommendations, while also ensuring adherence to credit policies, guidelines, and applicable regulatory requirements. Additionally, this role is responsible for providing underwriting analysis and approval recommendations for various Borrower requests related to assigned client base/facilities. They report to the Senior Credit Manager (SCM) or Credit Products Manager (CPM) and partner closely with the Credit Team; Credit Risk Manager (CRM), Relationship Managers (RM), Credit Officers (CO), and Underwriters (UW) to ensure Client needs/requests are being addressed. The PMU demonstrates strong judgement, sound credit skills, and is an active participant with the Credit Team in the credit approval process for complex clients/transactions.
Requirements
- 2+ years commercial credit financial analysis and portfolio management experience.
- 2+ years of financial accounting, financial modeling or loan structuring.
- Commercial Credit Training
Nice To Haves
- Bachelor’s degree in finance, accounting, economics or similar
- Certificate from accredited real estate educational program
- Large money center bank experience
- CRE portfolio management experience
Responsibilities
- Responsible for post close credit activity including documenting the conditions for pre-approved extensions and the associated legal documents.
- Responsible for all monitoring and maintenance activities on an assigned portfolio including risk rating scorecards, annual sponsor/guarantor financial reviews, covenant compliance, construction monitoring, interest reserve analysis, lease reviews, loan reporting, and site inspections.
- Activities associated with the minor modification of existing credits and the extension of facilities which have qualified for defined extension options.
- Collateral analysis, sponsor/guarantor financial analysis, and review of related legal documents.
- Working knowledge of credit facilities include bridge, term, and construction loans for commercial real estate developers and investors.
- Drive process simplification and improvement under the direction of management.
Benefits
- Access to paid time off
- Resources and support to our employees
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
