CRE Associate Relationship Manager

BHI; New York (NY); Hybrid; USD 85,000 - 125,000; Full time

Benefits offered by this job

Competitive salary

401(k) with company match

Comprehensive benefits package

Job summary

BHI is seeking an Associate Relationship Manager for its CRE team in New York. The role focuses on loan structuring, prescreening, term sheets, credit applications, and pipeline management to support the Northeast and Southeast CRE teams.

You will prepare transaction pre-screens, review due diligence, assist in structuring deals, coordinate with third parties, and support closing and credit processes. Strong analytical and communication skills are essential.

Qualifications

• Minimum 2 years of CRE experience.
• Bachelor’s degree in Finance/Accounting/Economics.
• Strong analytical and financial modeling abilities.

Responsibilities

• Prepare pre-screens for new transactions by analyzing property financials, Sponsor financials, business plan and market data.
• Review appraisals and other due diligence reports, and proactively identify issues and concerns.
• Assist in sizing and structuring new transactions and complex refinances, draft Term Sheets and assist Relationship Managers in deal negotiations.
• Liaise with various parties to ensure approved credit requests are carried out in a timely manner (3rd party consultants, attorneys and other vendors).
• In conjunction with Loan Closer, execute the loan closing process and facilitate the flow of loan legal documents (customer, bank).
• Liaise between Relationship Managers and the Credit Division (Underwriters, Credit Officers) to facilitate credit needs of customers.
• Assist Relationship Managers with all customer related requirements.
• Attend site inspections and client meetings with Relationship Managers.
• Perform other duties, including portfolio reporting, maintaining pipeline, activity reports, and relationship plans.

Skills

CRE underwriting

Financial modeling

Attention to detail

Written communication

Project management

Hospitality experience

Construction experience

BSA/OFAC knowledge

Education

Bachelor’s Degree in Finance/Accounting/Economics

Tools

MS Office

Job description

Functional Title: CRE Associate Relationship Manager

Office Location: New York (Hybrid)

We are excited to add an Associate Relationship Manager (ARM) to our CRE Team. This individual will join a key growth area for the Bank with an opportunity to have a real impact on the team. The ARM role is responsible for multiple priorities including: loan structuring and analysis, deal prescreening, drafting term sheets, drafting credit applications, origination pipeline management and other tasks in support of Northeast and Southeast CRE Team’s loan origination and client management matters.

Main Duties and Responsibilities:

• Prepare pre-screens for new transactions by analyzing property financials, Sponsor financials, business plan and market data.
• Review appraisals and other due diligence reports, and proactively identify issues and concerns.
• Assist in sizing and structuring new transactions and complex refinances, draft Term Sheets and assist Relationship Managers in deal negotiations.
• Liaise with various parties to ensure approved credit requests are carried out in a timely manner (3rd party consultants, attorneys and other vendors).
• In conjunction with Loan Closer, execute the loan closing process and facilitate the flow of loan legal documents (customer, bank).
• Liaise between Relationship Managers and the Credit Division (Underwriters, Credit Officers) to facilitate credit needs of customers.
• Assist Relationship Managers with all customer related requirements.
• Attend site inspections and client meetings with Relationship Managers.
• Perform other duties, as assigned, which fall within scope of responsibility, including but not limited to portfolio reporting, maintaining pipeline, activity reports, and relationship plans.

Qualifications Needed:

• Strong quantitative/analytical skills including CRE underwriting, financial modeling, writing and attention to detail;
• Strong working knowledge of all functional areas that comprise CRE finance
• Strong work ethic, initiative, ownership/accountability and follow-through on responsibilities and assignments.
• Excellent communication skills (verbal and written) at all levels throughout the Bank, as well as borrowers, participating lenders and third party vendors.
• Strong project management and organizational skills.
• Experience with hospitality and residential condominium projects is a plus.
• Experience with ground-up construction is a plus.
• Maintain current knowledge of BOM, policy guidelines and bank compliance requirements (BSA/AML/OFAC and other regulations) and participate in training and policy initiatives as required.

Technical Skills:

Proficiency with MS Office products, Internet and ability to research property status, violations, title, etc)).

Experience Required/Preferred:

Minimum 2 years of relevant experience

Education Required/Preferred:

Bachelor’s Degree with a concentration in Finance/Accounting/Economics

BHI is the U.S. branch of Bank Hapoalim, Israel’s leading financial institution. We deliver commercial-banking solutions to middle-market clients across a broad range of industries, drawing on more than 90 years of expertise as a premier lender to large corporations and major infrastructure projects. Our New York headquarters is supported by representative offices in Woodcliff Lake, NJ; Miami, FL; and Los Angeles, CA.

We offer a competitive total-rewards package that includes a base salary set by role, experience, skill set and location, plus a broad benefits suite. Our program provides comprehensive health coverage, flexible spending and health-savings accounts, employer-paid disability and life insurance, a 401(k) with company match, generous paid-time-off, employee-assistance and various other benefits and volunteer opportunities. Full details are shared during the hiring process.

We are an equal opportunity employer and we do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs.

BHI is an Equal Opportunity Employer, including Disability/Veterans.

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