VP/FVP, Portfolio Management - CRESL
About The Position
The VP/FVP, Portfolio Management – CRESL is a senior credit professional responsible for post-closing administration and oversight of the bank’s largest and most complex Commercial Real Estate Specialty Lending relationships, with a focus on construction and structured facilities, including note-on-note transactions. Reporting to the SVP, Deputy Chief Credit Officer and Head of Credit Administration, the role leads the evaluation and execution of modifications, amendments, waivers, extensions, maturity management, and other servicing matters, and serves as a senior credit resource to borrowers, sponsors, and counsel. The VP/FVP partners closely with Portfolio Management and Production to manage existing relationships, maintain strong credit discipline, and enable the Production team to focus on sourcing and originating new business. The role may also support other complex commercial real estate transactions based on business needs. Target bonus can range from 25%–50% depending on experience.
Requirements
- Bachelor’s degree in Finance, Accounting, Business, Real Estate, or a related field.
- 7+ years of commercial real estate credit, underwriting, portfolio management, or credit administration experience.
- Strong knowledge of CRE credit analysis, loan structures, modifications, amendments, extensions, covenants, and risk ratings.
- Experience negotiating complex credit terms and working with borrowers, sponsors, internal Legal, and outside counsel.
- Demonstrated ability to identify and manage emerging credit, construction, collateral, and maturity risks.
- Strong understanding of loan documentation, credit policies, regulatory requirements, and portfolio administration.
- Proven ability to independently manage complex transactions and effectively partner with senior Credit, Production, and Portfolio Management stakeholders.
- Strong communication, negotiation, analytical, and decision-making skills.
Nice To Haves
- Significant experience with construction lending and complex structured real estate transactions.
- Lender finance or note-on-note experience.
- Experience mentoring or providing senior-level guidance to credit and portfolio management professionals.
Responsibilities
- Serve as the primary post-closing credit contact for a portfolio of large, complex construction and structured finance facilities.
- Manage and evaluate modifications, amendments, waivers, extensions, consents, and other servicing requests, including credit analysis and approval recommendations.
- Proactively manage upcoming maturities, extensions, and refinance strategies, escalating emerging risks as appropriate.
- Negotiate modification and extension terms with borrowers, sponsors, and counsel within delegated authority.
- Partner with Legal and outside counsel to execute amendments, extension agreements, and other complex transaction documentation.
- Serve as a senior credit liaison to clients while partnering with Production on relationship management and identifying additional business opportunities.
- Provide senior oversight of construction draws, covenant monitoring, annual reviews, risk ratings, inspections, appraisals, and other portfolio activities.
- Coordinate with Portfolio Management, Credit Officers, and Special Assets to address exceptions and emerging credit risks.
- Provide portfolio management and modification support for construction lending, real estate lender finance, and other complex CRE transactions.
- Support credit policies, regulatory and audit requirements, process improvements, and portfolio administration standards.
- Train and mentor Production and Credit Administration staff and perform additional responsibilities based on business needs.
Benefits
- Medical, dental, vision, and life insurance.
- Paid sick leave, three weeks’ vacation, and holidays (about 11 a year).
- HSA or FSA account and other voluntary benefits.
- 401(k) Retirement Saving Plan with Employer Match Program and 529 Savings Plan.
- Employee Mortgage Loan Program.
- Free access to an Axos Bank Account with Self-Directed Trading.
- Eligible for annual discretionary cash and restricted stock unit bonus targets.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
