Market Investor CRE Portfolio Manager Team Lead

First Horizon•Memphis, TN

2d•Onsite

About The Position

The Market Investor CRE (MICRE) PM Team Lead is a senior commercial real estate professional who can lead a team of Portfolio Managers and Credit Analysts and directly contribute to the MICRE lending portfolio through their assigned regional and local market partners. The MICRE PM Team Lead should have hands-on underwriting and portfolio management experience. They must have a demonstrated ability to effectively contribute to the loan structuring, underwriting, origination, and portfolio management responsibilities for their assigned loan portfolio. Ideal candidates bring recent, in-depth underwriting and portfolio management experience across multiple CRE property types and life cycles. The MICRE PM Team Lead will provide direct management to a team of MICRE Portfolio Managers, leading talent acquisition, onboarding, and performance management. Prior leadership experience is preferred; however, candidates with extensive CRE experience who can coach and influence others and who possess a strong understanding of First Horizon’s credit policy, processes, and CRE risk appetite will be considered. The role requires a team-focused approach and the ability to balance competing priorities in a dead-line driven environment.

Requirements

Bachelor’s degree or equivalent work experience required.
8+ years of recent, hands-on commercial real estate underwriting and portfolio management experience with prior people management experience (hiring, coaching, performance management), or 10+ years of recent, hands-on commercial real estate underwriting and portfolio management experience without prior management experience.
Demonstrated ability to analyze and interpret financial statements, appraisals, legal documents, leases, pro formas, and market studies; comfortable with complex deal structures and calculations (e.g., DSCR, LTV, debt yield, sensitivity analysis).
Proven track record managing complex, multi-loan CRE relationships across property types (e.g., multifamily, industrial, office, retail, hospitality, mixed-use).
Strong written and verbal communication skills; able to communicate effectively with senior leaders, Credit partners, RMs, external counsel, and clients.
Strong organizational skills with the ability to balance competing priorities in a deadline-driven environment.
High proficiency in Excel-based financial modeling; strong skills in Word, Outlook, and PowerPoint.
As part of the employment process for this position, you will have to meet the requirements of a background credit check.
This position requires compliance with the S.A.F.E Mortgage Licensing Act of 2008 and all related regulations. Ongoing employment is contingent upon meeting all such requirements.

Nice To Haves

Prior leadership experience is preferred
Familiarity with valuation/market tools and credit analysis systems is a plus.

Responsibilities

Lead talent acquisition, onboarding, and training for MICRE Portfolio Managers (associates); establish clear performance expectations and development plans.
Review credit packages, annual reviews and key portfolio documents produced by the team, providing guidance and training where needed.
Develop the skills of direct reports by providing training, feedback, and coaching at the group and individual level.
Complete regular monitoring of Market Investor CRE portfolio management reports, ensuring team is managing past dues and exceptions to Bank Standards.
Monitor team workflow and capacity; allocate portfolio coverage and assignments when needed to meet production deadlines and portfolio standards.
Lead weekly portfolio management meetings and participate in Market Asset Quality Meetings within assigned regions.
Support implementation of new or revised credit policy, procedures, and systems; champion change and adoption across the team.
Assist your manager and credit leaders with regulatory exams and internal audits; coordinate responses and action plans.
Build strong relationships with Credit partners, regional leaders, and Relationship Managers; provide timely support on MICRE-related inquiries.
Lead the analysis, structuring, underwriting, and portfolio management of complex CRE loans and relationships.
Identify and mitigate key risks; apply the Bank’s risk grading methodology and risk appetite appropriately.
Manage relationship-level performance including credit quality, covenant compliance, financial reporting, and review cycles with timely turnaround of memos and portfolio monitoring.
Maintain strong portfolio hygiene and efficiency in clearing reporting, covenants, annual/semi-annual reviews, and CPAT updates.
Conduct annual market visits within assigned regions; maintain market knowledge and sponsor insights.
Complete required training on time and monitor team training completion.