Portfolio Manager - Corporate Channel
About The Position
Genesis Capital is a leading commercial real estate financing solutions provider for real estate developers. As a subsidiary of Rithm Capital, we are seeking a Portfolio Manager to oversee the monitoring, reporting, risk management, and administration of a real estate loan portfolio. This role focuses on large borrower relationships, covenant compliance, sponsor oversight, construction monitoring, and proactive identification of credit risks. The Portfolio Manager will be a key partner to Lending Team Managers, Relationship Managers, Relationship Associates, Credit, and Portfolio Risk teams, ensuring 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 DSCR, occupancy requirements, and other financial/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 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.
Benefits
- Equal Employment Opportunity
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
