Portfolio Manager
Piermont Bank•New York, NY
•$115,000 - $150,000
About The Position
Piermont Bank is seeking an experienced Portfolio Manager to join its Commercial Banking team. The role primarily focuses on Commercial Real Estate (CRE), with additional responsibility for Commercial & Industrial (C&I) relationships. It is a hands-on position for a credit professional who analyzes complex transactions and partners with Relationship Managers and Credit. The Portfolio Manager oversees an assigned portfolio, monitors credit performance, completes annual reviews and renewals, and proactively identifies emerging risks and opportunities.
Requirements
- At least 4 years of commercial credit, underwriting, or portfolio management experience.
- Strong CRE underwriting and portfolio management experience.
- C&I underwriting, credit analysis, or portfolio management experience.
- Strong knowledge of CRE lending, financial statement analysis, cash flow analysis, collateral valuation, and credit risk.
- Bachelor’s degree in a related field.
- Experience preparing credit memoranda, annual reviews, renewals, and loan approval packages.
- Formal credit training and/or equivalent on-the-job commercial credit experience.
- Strong analytical, organizational, and problem-solving skills.
- Excellent written and verbal communication skills.
- Ability to manage multiple relationships and priorities in a fast-paced environment.
- Proficiency in Microsoft Excel, Word, and PowerPoint.
Nice To Haves
- Experience across multiple CRE asset classes, including multifamily, industrial, retail, office, hospitality, and mixed-use.
- Experience managing a portfolio that includes both CRE and C&I relationships.
- Experience with complex or larger commercial transactions.
- Formal bank credit training.
- Experience presenting credits to senior credit officers or credit committees.
- Experience with Salesforce, credit platforms, financial spreading, or portfolio management systems.
Responsibilities
- Oversee an assigned commercial portfolio, primarily focused on CRE with additional C&I relationships.
- Monitor credit performance and proactively identify emerging risks and opportunities.
- Complete annual reviews and renewals.
- Partner closely with Relationship Managers and Credit.
- Analyze complex commercial transactions.
Benefits
- Medical benefits
- Dental benefits
- Vision benefits
- 401(k)
- Other benefits
- A bonus and/or incentives may be provided as part of the compensation package.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
