Sr. Commercial Real Estate Officer

UMB Bank•Phoenix, AZ

1d•Onsite

About The Position

UMB's success is directly impacted by the growth of its Commercial Real Estate loan portfolio. The team, consisting of Portfolio Managers, Underwriters, and Relationship Managers, manages Commercial Real Estate throughout its life cycle, developing meaningful connections with the management of the companies they serve. The majority of Commercial Real Estate loans involve construction and refinancing of multi-family, office, and industrial projects. The team is always mindful of changes in the Commercial Real Estate industry that might affect financial service needs and takes pride in seeing a project through from initial planning to completion. As the Sr. Commercial Real Estate Officer, you will be engaged in non-owner-occupied commercial real estate ("CRE") lending, including construction loans, interim loans, permanent loans, and refinancing of real estate loans. Production goals for both new loan originations and deposits will be assigned.

Requirements

Bachelor’s degree or equivalent experience in related field
7+ years Commercial Real Estate lending and underwriting experience
Demonstrates expert knowledge of CRE credit and underwriting
Demonstrates strong attention to detail
Demonstrates strong knowledge of bank products, services, and bank operations
Demonstrates ability to be self-starter and show initiative
Demonstrates excellent communication skills (verbal & written)
Demonstrates ability to prospect and network at various levels within the company
Demonstrates strong connectivity with local commercial real estate development network
Demonstrates ability to manage time and projects effectively
Demonstrates proficiency in Word, Excel, PowerPoint

Responsibilities

Serve as an expert on CRE loans for the market
Generate new CRE loan and cross-sell opportunities with new and existing clients
Underwrite the collateral property, market and guarantor
Structure the loan
Prepare the loan approval package
Present the request to loan committee for consideration
Negotiate and document the loan in conjunction with the assigned Loan Closing Coordinator and outside legal counsel (as applicable)
Oversight and mentoring of junior CRE lender(s) in the market, which may include providing training as needed
Participating in discussions re their loan opportunities and relationships, etc.
Oversight of a portfolio of CRE loans
In conjunction with the Construction Loan Disbursement Group, review monthly construction loan draw requests to ensure construction remains on budget and on schedule
In conjunction with the assigned REG Portfolio Manager, monitor the collateral property performance to ensure absorption, operating performance, etc meet covenant requirements and are consistent with the approval and appraisal assumptions
In conjunction with the assigned REG Portfolio Manager, prepare renewals, modifications (as applicable) and annual reviews of the loans
In conjunction with the assigned REG Portfolio Manager, perform regular reviews of property and guarantor financial condition to ensure the highest credit quality as well as the continued appropriateness of the risk rating
Recommend risk rating adjustments as needed
Represent UMB as the senior CRE lender in the market
Other duties as assigned

Benefits

Paid Time Off
401(k) matching program
Annual incentive pay
Paid holidays
Comprehensive company sponsored benefit plan including medical, dental, vision, and other insurance coverage
Health savings accounts
Flexible spending accounts
Dependent care accounts
Adoption assistance
Employee assistance program
Fitness reimbursement
Tuition reimbursement
Associate wellbeing program
Associate emergency fund
Various associate banking benefits