Bank Manager Jobs

About The Position

Requirements

• Bachelor’s degree or equivalent education and related training.
• Five years of commercial real estate experience, including at least three years in finance.
• Good written and verbal communication skills.
• Ability to travel, occasionally overnight.
• Ability to produce accurate work efficiently and consistently.
• Strong working knowledge of loan accounting concepts, including interest accrual methodologies and amortization.
• Ability to read and comprehend most provisions of common commercial real estate loan documents.
• Ability to compose accurate and effective reports and written recommendations to lenders efficiently.
• Intermediate-level Microsoft Excel and Microsoft Word skills.
• Basic-level Adobe Acrobat skills, including creating and manipulating PDF files.
• English fluency.

Nice To Haves

• Master of Business Administration from an accredited college or university, or equivalent experience.
• Experience with commercial property management.
• Superior working knowledge of commercial lending programs of life insurance company lenders, Fannie Mae, Freddie Mac, and CMBS conduits, including servicer roles and responsibilities.
• Experience in commercial mortgage loan underwriting.
• Superior ability to analyze commercial property operating statements.
• Commercial property inspection certification from the MBA or GSEs.
• Strong working knowledge of commercial building construction and construction lending.
• Good working knowledge of real estate law concepts and their practical application.

Responsibilities

• Prepare, review, correct, and approve analyses of operating statements and related financial statements for commercial properties and sponsors, including researching variances and adjusting statements as required by lenders.
• Perform or review third-party property inspections, identify maintenance and life-safety issues, and prepare and deliver inspection reports by lender deadlines.
• Analyze, underwrite, and recommend action on borrower requests, including loan modifications, collateral releases, prepayments, maturity extensions, sales or assumptions, and tenant lease consents; review related work and approve fund releases within authorized limits.
• Analyze and process requests to release funds from reserve accounts and repair or improvement holdbacks; review related work and approve releases within authorized limits.
• Analyze and support processing of complex insurance loss claims, recommend disposition of proceeds under loan documents and lender or investor requirements, and approve dispositions within authorized limits.
• Work with property managers, borrowers, and paying agents to collect delinquent loan payments; report delinquencies, prepare demand letters and default notices for review, and direct internal accounting for suspense and unapplied funds.
• Maintain and review loan servicing system records, including loan accounting, collateral, and borrower information; review and approve related work by department members.
• Identify and report borrower breaches of loan documents, confirm suspected findings, and mentor and train department members on loan covenants.
• Analyze asset performance, recommend loan risk grades, maintain the watch list, and present new grade recommendations to management.
• Supervise and train Asset Analysts.
• Assist management with process improvement and regulatory and contractual compliance.

Benefits

• Medical insurance
• Dental insurance
• Vision insurance
• Life insurance
• Disability insurance
• Accidental death and dismemberment coverage
• Tax-preferred savings accounts
• 401(k) plan
• Vacation time (at least 10 days in the first year, prorated)
• Sick days (10 in the first year, prorated)
• Paid holidays
• May be eligible for a defined benefit pension plan, restricted stock units, and/or deferred compensation plan, depending on position and division