Portfolio Manager - Corporate Channel

Genesis Capital•Sherman Oaks, CA

13d•Onsite

About The Position

Genesis Capital is a leading commercial real estate financing provider, specializing in solutions for real estate developers. As a subsidiary of Rithm Capital, the Company is seeking a Portfolio Manager to oversee the monitoring, reporting, risk management, and administration of its real estate loan portfolio. This role focuses on managing large borrower relationships, ensuring covenant compliance, overseeing construction projects, and proactively identifying credit risks. The Portfolio Manager will collaborate closely with Lending Team Managers, Relationship Managers, Credit, and Portfolio Risk teams to ensure effective portfolio management and timely escalations.

Requirements

Bachelor’s degree in business or related field.
4+ years working experience in working as a portfolio analyst/associate.
Knowledge of bank operations/ systems and compliance/ regulatory issues.
Expert knowledge in complex commercial lending and financial deal structuring.
Expert knowledge of credit underwriting policies, procedures, processes, collateral valuation, and documentation.
Highly Proficient/Advanced in Excel, Word, PowerPoint, and database application.
Strong attention to detail and an ability to multi-task, respond well to pressure and deadlines, and work well individually and in a collaborative environment.
Fast learner - able to assimilate new ideas and thrive in a fast-paced environment.
Ability to lead and manage multiple tasks concurrently and self-prioritize workload to meet deadlines as an individual and leader.

Nice To Haves

Experience in private money or hard money preferred.

Responsibilities

Establish and maintain quarterly reporting, monitoring, and risk review processes for all relationships with commitments exceeding $20MM.
Partner with Technology and reporting teams to develop automated monitoring and reporting capabilities.
Conduct quarterly portfolio review meetings with Lending Team Managers to discuss performance, emerging risks, exceptions, and action plans.
Identify and escalate adverse trends and recommend mitigation strategies.
Monitor upcoming maturity dates and extension requests across the portfolio.
Track borrowers approaching maximum extension limits and escalate concerns proactively.
Assist lending teams in evaluating refinancing opportunities and structuring viable solutions for maturing credits.
Oversee quarterly covenant testing and compliance monitoring, including Debt Service Coverage Ratio (DSCR), Occupancy requirements and trend analysis, and other financial and operational covenants.
Manage liquidity covenant monitoring and testing.
Identify covenant breaches and coordinate remediation efforts with lending and credit partners.
Monitor upcoming sponsor reviews and renewal requirements.
Assist Relationship Managers and Relationship Associates in advancing sponsor renewals through the approval process.
Prepare interim sponsor updates and limit increase memorandums.
Assist with any Top 20 Sponsor reporting.
Provide portfolio-level analysis to senior leadership highlighting key risks, opportunities, and concentration considerations.
Monitor delinquent payment activity throughout the portfolio.
Assist lending teams with borrower outreach and resolution strategies.
Analyze delinquency trends and identify emerging portfolio risks.