Portfolio Team Lead - Real Estate Group

UMB Bank • Saint Louis, MO

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About The Position

As t he Portfolio Manager Team Lead , you are responsible for managing a regional team of Commercial Real Estate Portfolio Managers who are tasked with executing all portfolio management activities for monitoring, identifying , and managing the credit risk of the Investment CRE portfolio which consists of loan relationships greater than $5,000,000. This position will develop a team of Portfolio Managers as well as individually engage in active portfolio management responsibilities ensuring timely , high-quality work product in analysis of borrower and guarantor financial statements, annual reviews, performance covenant testing, extensions, renewals, modifications, and risk rating assessments. How you’ll spend your time: You will a ssist in the acquisition, retention, and development of CRE Portfolio Managers with varying levels of experience . You will f ormally manage, guide, mentor, and coach in both technical and professional skills . You will f oster a collaborative team culture that emphasizes credit quality, accountability and professional growth . You will m onitor team performance, allocate workload and ensure timely completion of credit deliverables . You will enforce individual and team performance goals necessary to comply with portfolio management standards . You will p roactively monitor and manage team's performance utilizing management reports, such as coming due and past due reports on annual reviews, covenants, exceptions, et al. You will p erform credit risk analysis to recognize and elevate signs of risk in an individual loan, relationship, or the portfolio, through completion of the recurring portfolio manager tasks, which include: analyzing borrower/property and guarantor financial performance upon receipt of reporting; preparing annual reviews, modifications and various memos for approval; and determining appropriate risk ratings . You will c onfirm compliance with performance covenants as defined in contractual agreements and as compared to underwritten expectations . You will notify Relationship Manager and / or internal legal counsel to ensure timely notice is delivered to Borrower in the event of a breach and maintain oversight of breach through resolution . You will p artner with Relationship Managers to effectively support assigned Investment Commercial Real Estate relationships . You will p rovide recurring customer service to clients, which includes direct contact with customers either through participation in joint calls with Relationship Managers or direct correspondence . You will p erform various projects / tasks as needed with an emphasis on maintaining UMB TUCE at all times . O ther duties as assigned.

Requirements

• Bachelor's degree in business , Accounting, Finance or related fields
• 7+ years of commercial banking/finance experience (including 5+ years of specific commercial real estate experience) including credit underwriting
• Current valid driver’s license
• Excellent communication skills (verbal & written )
• Expert knowledge & understanding in how to identify and process maturing loans, line renewals, term loans that need to be extended, how loans can be restructured, approval process, change terms, new underwriting, etc.
• Expert level of understanding of credit underwriting of all major investment CRE property types
• Depth of knowledge of bank products, services, and bank operations
• Ability to interpret policies/procedures, loan contracts, and understanding of credit reports, financial statements, and loan documents
• Analytical skills, including underwriting of CRE properties and markets; and guarantor financial statements, including real estate schedules
• Self-starter, show initiative, and transfer knowledge to less experienced peers
• Proficiency in Word, Excel, PowerPoint
• Worked in commercial lending software

Responsibilities

• Assist in the acquisition, retention, and development of CRE Portfolio Managers with varying levels of experience
• Formally manage, guide, mentor, and coach in both technical and professional skills
• Foster a collaborative team culture that emphasizes credit quality, accountability and professional growth
• Monitor team performance, allocate workload and ensure timely completion of credit deliverables
• Enforce individual and team performance goals necessary to comply with portfolio management standards
• Proactively monitor and manage team's performance utilizing management reports, such as coming due and past due reports on annual reviews, covenants, exceptions, et al
• Perform credit risk analysis to recognize and elevate signs of risk in an individual loan, relationship, or the portfolio, through completion of the recurring portfolio manager tasks, which include: analyzing borrower/property and guarantor financial performance upon receipt of reporting; preparing annual reviews, modifications and various memos for approval; and determining appropriate risk ratings
• Confirm compliance with performance covenants as defined in contractual agreements and as compared to underwritten expectations
• Notify Relationship Manager and / or internal legal counsel to ensure timely notice is delivered to Borrower in the event of a breach and maintain oversight of breach through resolution
• Partner with Relationship Managers to effectively support assigned Investment Commercial Real Estate relationships
• Provide recurring customer service to clients, which includes direct contact with customers either through participation in joint calls with Relationship Managers or direct correspondence
• Perform various projects / tasks as needed with an emphasis on maintaining UMB TUCE at all times
• Other duties as assigned.

Benefits

• Paid Time Off
• 401(k) matching program
• Annual incentive pay
• Paid holidays
• A comprehensive company sponsored benefit plan including medical, dental, vision, and other insurance coverage
• Health savings, flexible spending, and dependent care accounts
• Adoption assistance
• An employee assistance program
• Fitness reimbursement
• Tuition reimbursement
• An associate wellbeing program
• An associate emergency fund
• Various associate banking benefits

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level