VP Specialty Real Estate Portfolio Manager
About The Position
Responsible for managing the administration of the Trust Specialty Real Estate Division, including fiscal and personnel management, compliance, portfolio management, and valuation management. The role develops and implements division policies and procedures, works toward division objectives, and supervises division activities while ensuring quality client service. The position manages debt and equity investments in commercial real estate within the ERECT Funds, oversees investment selection and structuring, and supervises pre-funding and post-closing processes. It also oversees staff, regulatory and legal compliance, portfolio reviews and risk ratings, fund valuation and balancing, tax filings, divisional policies and procedures, and the preparation of divisional documents and reports. The role serves as the main liaison to underwriting partners for the specialty trust real estate funds. This position supervises employees and operates in a professional office environment. Moderate travel, which may include overnight travel, is required. The job description notes that duties and responsibilities may change at any time with or without notice.
Requirements
- Bachelor’s degree in Management, Accounting, or Finance.
- Five years of experience managing credit, collections, and lending functions.
- Experience in commercial real estate lending.
- Ability to discuss investments, make presentations, prepare informative proposals, and develop new profitable business.
- Strong oral and written communication skills.
- Computer skills, including Microsoft products.
- Interpersonal skills.
- Deadline-oriented.
- Strong analytical skills.
- Ethical conduct.
Nice To Haves
- Supervisory experience.
Responsibilities
- Manage the portfolio of debt and equity investments in commercial real estate within the ERECT Funds.
- Oversee the investment selection process, including structuring new investments and presenting investment recommendations to the Trust Specialty Real Estate Investment Committee.
- Oversee pre-funding and post-closing processes to ensure new investments are properly structured and comply with policies, procedures, and legal frameworks.
- Supervise division staff.
- Ensure compliance with regulatory and legal requirements for collective investment funds and common funds, including notifying regulators and filing regular reports such as 5500s and annual audits.
- Oversee annual investment reviews and annual risk ratings for all assets in the portfolio.
- Oversee and assume responsibility for fund valuation and balancing.
- Ensure compliance with tax filing laws for funds and their investors, and confirm filings are accurate and timely.
- Oversee the division’s policy and procedure manual, conduct an annual review, and update it for new procedures or changes in valuation methodologies.
- Oversee preparation of applicable divisional documents and reports.
- Serve as the main contact and liaison to specialty trust real estate funds’ underwriting partners.
- Manage division administration, including fiscal and personnel management, compliance, portfolio management, and valuation management.
- Develop and implement division policies and procedures, pursue division objectives, and supervise activities while ensuring quality client service.
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Job Type
Full-time
Career Level
Executive
