Senior Commercial Real Estate Portfolio Manager

First Horizon • Houston, TX

123d

About The Position

The Senior Portfolio Manager - PRO CRE will be responsible for preparing comprehensive credit analysis on commercial real estate loans. In addition, the Portfolio Manager will be responsible for monitoring the real estate portfolio including, but not limited to, periodic review and analysis of financial information, local market dynamics and identification of negative trends, and preparation of covenant checks and annual reviews. The Portfolio Manager should have a thorough understanding of various types of lending facilities as well as commercial real estate product types (i.e. retail, office, multi-family, industrial, senior housing, student housing, etc.).

Requirements

• Bachelor's degree (B.A.), preferably in Accounting, Finance or Business from four-year university.
• Ten years of related experience in the Financial Services, Banking Industry, Credit Analysis, Loan Review or similar background preferred.
• Familiarity with financial instruments and the processes used to analyze financial data.
• Good fundamental understanding of general bank operations and the lending process.
• Strong computer skills required with the following programs: Access, Word, PowerPoint and Outlook and proficient skills with Excel.
• Ability to read and listen, understand and communicate information and ideas in a clear and understandable manner, both orally and in writing.
• Ability to read, analyze and interpret financial reports and legal documents; performs simple to complex calculations.

Responsibilities

• Prepare credit analysis including review/analysis of real estate specific and market information and financial statements for commercial real estate borrowers, guarantors and prospects.
• Conduct real estate and market-specific analysis including review, analysis and summary of leases, appraisals, construction budgets, proformas, etc.
• Perform financial statement analysis including analysis and presentation of borrower and guarantor balance sheets, income statements, tax returns, global real estate schedules, cash flows, financial ratios, trends and debt repayment capacity.
• Use analytical tools to best suit the specific project/borrower and exercise sound judgement in determining appropriate depth and sources of analysis.
• Analyze and prepare credit approval documentation in the Bank's approval system.
• Monitor and manage assigned commercial real estate loan portfolio including tracking covenants, recording financial statements, and monitoring company performance against expectations.
• Work with the Client Specialist to ensure systems of record are accurate for the loan portfolio.
• Participate in internal credit conversations with RM's, Credit Risk Managers and senior management and in external meetings with clients and prospects.
• Participate in special projects and assignments and perform other duties as assigned.

Benefits

• Medical with wellness incentives, dental, and vision
• HSA with company match
• Maternity and parental leave
• Tuition reimbursement
• Mentor program
• 401(k) with 6% match

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Industry: Credit Intermediation and Related Activities
• Education Level: Bachelor's degree