Market Investor Commercial Real Estate Portfolio Manager (LA and TX)

First Horizon Bank•St. George, LA

8h•Onsite

About The Position

Provides analytical and monitoring support for large commercial real estate loans including an independent analysis of the creditworthiness of customers and prospects. The Portfolio Manager will be responsible for preparing comprehensive credit analyses on non-owner occupied commercial real estate loans that facilitate the credit approval process. The Portfolio Manager should have a thorough understanding of various types of lending facilities as well as commercial real estate product types (i.e. retail, office, multi-family, lodging, industrial, ALF/ senior living, etc.). In addition, the Portfolio Manager will be responsible for monitoring the real estate portfolio including, but not limited to, periodic review and analysis of financial information, identification of negative trends, and preparation of covenant checks in support of the commercial lending function.

Requirements

Bachelor's degree (B. A.) from four-year college or university
Prior experience underwriting Commercial Real Estate loans is required.
Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations.
Ability to write reports, business correspondence, and procedure manuals.
Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public.
Ability to work with mathematical concepts such as probability and statistical inference.
Ability to apply concepts such as fractions, percentages, ratios, and proportions to practical situations.
Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists.
Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form.
Microsoft Office Suite (including MS Excel and MS Word)
facsimile machine
Copier
Scanner
Hewlett Packard 12 C Calculator (or equivalent)
Financial Spreading Software

Nice To Haves

5-10 years related experience and/or training preferred

Responsibilities

Prepare comprehensive credit analyses on non-owner occupied commercial real estate loans that facilitate the credit approval process
Monitor the real estate portfolio including, but not limited to, periodic review and analysis of financial information, identification of negative trends, and preparation of covenant checks in support of the commercial lending function
Provide an analysis of real estate projects and spread financial statements as provided by Commercial Relationship Manager
Prepare Loss Given Default and Probability of Default models for new and renewal opportunities
Provide supporting documentation and participate in Deal Team meetings between Relationship Manager, Market Approvers and Credit Approvers
Maintain responsibility for completion of the Credit Approval Package via the Commercial Credit Memo in nCinco and accompanying Credit Memo Narrative (as applicable) once engaged by Relationship Manager, and after receipt of Opportunity Memo explaining the request.
Ensure deal structure and analysis is reflective of customer accepted term sheet and Deal Team meeting conclusions
Work directly with the Relationship Manager to ensure accurate reflection of financial.
Work directly with the Relationship Manager to ensure accurate preparation of Loss Given Default and Probability of Default models at time of new/renewal requests
Review and analyze appraisals and/or market data relative to the request. Follow the Appraisal Reconciliation procedures for loans approved subject to receipt and review of the appraisal.
Ensure coding is accurate
Ensure recognition of Policy Exceptions including mitigants
Include an approval recommendation with supporting commentary
Ensure Credit Packages are submitted for approval in accordance with the appropriate lending matrix authority
After approval, finalize Loss Given Default and Probability of Default models
Upload final approved Credit Package and other supporting documentation used in underwriting into
Attend client meetings with the Relationship Manager (when possible)
Adhere to Service Level Agreements as outlined in Workflow Procedures.
Review monthly, quarterly and annual rent rolls, operating statements, etc. for progress, trends, issues, etc.
Identify portfolio weaknesses and trends and alert Relationship Manager and Market/ Investor CRE Underwriting Manager to deteriorating portfolio conditions
Prepare covenant checks as required by Loan Agreement and follow procedures for the handling of loans deemed to be “out of compliance.” Update nCinco as covenant checks are completed and advance the days accordingly.
Monitor progress on construction loans via inspection reports, progress relative to borrower projections, delays, etc.
Prepare annual reviews
Update Loss Given Default and Probability of Default models according to required due dates, upon completion of construction or as a result of changing conditions that impact the risk profile
Proactively manage upcoming loan maturities and renewals working with the Relationship Manager
Monitor past dues and overdrafts working with the Relationship Manager to resolve
Ensure loans are coded correctly on the loan system once approved and booked. Ensure construction loans are correctly re-coded once a project is complete
Once a loan is booked, ensure that the covenant definitions in nCinco match the requirements in the Loan Agreement.
Review Loan Reviews and respond as appropriate to any noted deficiencies
Ensure nCinco is updated with the appropriate documentation evidencing the monitoring of the portfolio according to the applicable procedures.
Attend portfolio review meetings with product partners
All other duties as assigned