Associate - CRE Underwriting & Portfolio Management

Truist; Charlotte (NC); On-site; USD 75,000 - 95,000; Full time

Benefits offered by this job

Medical and dental insurance

401k plan

Paid vacation and sick days

Flexible work hours

Job summary

A leading financial institution is seeking an experienced professional for a role focused on credit underwriting and portfolio management. The ideal candidate will have a minimum of 3 years' experience in commercial real estate finance and a strong analytical skill set. Responsibilities include managing credit relationships, preparing presentations, and ensuring adherence to compliance standards. This position offers a dynamic work environment with opportunities for team development and strong communication with clients and internal partners.

Qualifications

• Minimum 3 years of experience in commercial real estate finance, including asset management, underwriting, and credit decision-making.
• Strong knowledge of loan documentation, covenants, and financial statement analysis.
• Proficiency in Microsoft Office applications.

Responsibilities

• Responsible for credit underwriting and portfolio management within a large corporate banking portfolio.
• Prepare high-quality credit presentations and approval documents for new transactions.
• Oversee ongoing performance and monitoring activities for assigned portfolio.

Skills

Credit analysis

Analytical ability

Effective communication

Problem solving

Risk awareness

Education

Bachelor’s degree in Finance, Accounting, Economics, Business

Tools

Microsoft Office

ARGUS software

Advanced Excel

Job description

Regular or Temporary

Regular

Language Fluency

English (Required)

Work Shift

1st shift (United States of America)

Job Description

Responsible for both credit underwriting and portfolio management within a large, specialized real estate corporate banking portfolio. This position supports the delivery of CRE debt products to REITs and institutional private capital groups nationwide. Responsibilities include (i) structuring, underwriting, due diligence, credit analysis, credit presentations, and closing coordination for new and existing transactions, and (ii) ongoing portfolio monitoring, risk assessment, compliance, and servicing activities. The role requires strong critical thinking, problem solving, credit judgment, analytical ability, risk awareness, and effective communication skills. Associates operate with increasing independence while collaborating closely with Lead Underwriters, Portfolio Managers, Relationship Managers, Credit Officers, Legal, and internal diligence and operations partners throughout the full credit lifecycle.

Essential Duties And Responsibilities

• CRE Credit Structuring & Underwriting
• Lead or support due diligence and underwriting for new credit opportunities, renewals, and reviews, including gathering and analyzing financial statements, projections, market research, property-level performance, sponsor strength, and collateral characteristics.
• Facilitate underwriting documentation of complex and mid-level credit relationships, ensuring accuracy and alignment with internal credit policies.
• Analyze borrower, guarantor, and property cash flow performance, identify key risks and mitigants, and provide independent assessments consistent with risk appetite.
• Structure transactions in accordance with approval requirements, recommending loan terms, covenants, collateral structures, and risk mitigants.
• Supplement analysis with industry, market, and competitive research to identify trends and potential credit impacts.
• Credit Presentation Leadership
• Prepare high-quality credit presentations and approval documents for new transactions, renewals, and reviews, clearly articulating transaction rationale, risk assessments, and recommendations.
• Lead or support discussions with Credit Officers and approvers, incorporating feedback promptly and accurately.
• Ensure credit packages meet all internal standards, including completeness, consistency, and compliance with credit process metrics.
• Portfolio Management
• Oversee ongoing performance and monitoring activities for assigned portfolio, including preparation of client risk assessments, review of property and borrower financial reporting, and identification of emerging risks.
• Conduct periodic reviews, annual reviews, covenant tracking, and exposure/risk rating updates, ensuring adherence to applicable credit policy and monitoring requirements.
• Identify issues such as reporting delays, covenant breaches, or performance deterioration and take steps to resolve concerns with Relationship Managers and Credit Officers.
• Maintain accurate, complete, and audit-ready portfolio documentation in accordance with credit process standards.
• Serve as a point of contact for clients and internal partners regarding portfolio-related matters, which may include site visits or meetings with client management teams.
• Client Relationship Management
• Serve as a key point of contact for internal and external stakeholders on underwriting and portfolio matters, ensuring clear, proactive communication.
• Participate in client meetings and site visits with Relationship Managers as needed to support underwriting or ongoing monitoring efforts.
• Industry Expertise
• Maintain strong knowledge of commercial real estate underwriting, property types, and market dynamics to support informed risk assessments and credit decisions.
• Monitor emerging trends in CRE markets, capital markets, and regulatory environments relevant to client portfolios.
• Team Development
• Support and mentor junior analysts, providing guidance on financial analysis, underwriting standards, CRE fundamentals, and credit policy expectations.
• Contribute to a collaborative team environment, supporting process improvements and best‑practice development.

Qualifications

Required Qualifications

• Minimum 3 years of experience in commercial real estate finance, including asset management, underwriting, portfolio administration, syndicated loan transactions, and/or credit decision‑making.
• Strong knowledge of loan documentation, covenants, corporate accounting, and financial statement analysis.
• Excellent verbal and written communication skills.
• Advanced analytical and problem‑solving abilities with a solid understanding of commercial real estate and credit principles.
• Ability to manage multiple priorities under tight deadlines.
• Proven success in collaborative team environments.
• Bachelor’s degree in Finance, Accounting, Economics, Business, or equivalent education and experience.
• Proficiency in Microsoft Office applications.

Preferred Qualifications

• Prefer 5+ years experience in commercial real estate finance.
• Experience within a regulated financial institution with strong knowledge of compliance, policies, and procedures.
• Advanced degree (MBA, master’s in real estate finance, accounting, or related field).
• Experience with ARGUS software, Advanced Excel modeling, and familiarity with third‑party real estate data sources (CoStar, REIS, Axiometrics).
• Optional: FINRA Securities licensure (Series 79 and Series 63).

Benefits

All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position. Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax‑preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full‑time or part‑time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on Truist’s generous benefit plans, please visit our Benefits site. Depending on the position and division, this job may also be eligible for Truist’s defined benefit pension plan, restricted stock units, and/or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non‑temporary position for which you apply, based on full‑time or part‑time status, position, and division of work.

Disability Accommodation

If you have a disability and need assistance with the application, you can request a reasonable accommodation. Send an email to Accessibility (accommodation requests only; other inquiries won't receive a response).

Equal Opportunity Employer Statement

Truist is an Equal Opportunity Employer that does not discriminate on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status, or other classification protected by law. Truist is a Drug Free Workplace. Truist is an Equal Opportunity Employer. EEO is the Law. E-Verify. IER. Right to Work.