CRE Portfolio Manager 4

Hancock Whitney; Charlotte (NC); On-site; USD 80,000 - 100,000; Full time

Job summary

Hancock Whitney in Charlotte, NC is looking for an experienced professional to manage and evaluate commercial real estate loan applications. The role involves collaborating with bankers to meet client expectations and ensuring compliance with banking standards.

Successful candidates will have a Bachelor's degree in a relevant field, several years of credit analysis experience, and a strong understanding of financial documentation and regulations. This position does not have supervisory responsibilities.

Qualifications

• Seven to ten years of credit analysis experience.
• Successful completion of formal commercial credit training program.
• Experience with commercial lending regulations.

Responsibilities

• Evaluate and make decisions on commercial real estate loan applications.
• Conduct ongoing monitoring of loan compliance and risk ratings.
• Collaborate closely with Commercial Real Estate Bankers.

Skills

Credit analysis

Financial statement interpretation

Risk assessment

Communication

Problem-solving

Education

Bachelor's degree in Business Administration, Finance, or Accounting

Master's degree

Job description

JOB FUNCTION / SUMMARY

Responsible for evaluating, recommending approval or declining of difficult, unique, and moderate to increasingly complex commercial real estate loan applications in a timely manner and according to business and bank standards. Performs portfolio management duties such as tracking loan compliance, past dues, collateral monitoring, risk rating migration, clearing and minimizing documentation exceptions, and completing renewals/reviews. This position has a very close partnership with the Commercial Real Estate Bankers in delivering, meeting and exceeding client expectations. Works under close direction of manager and/or senior officer. Supports and assists underwriters as workload dictates. Member of the customer's Credit Delivery Team. Works very closely with Commercial Real Estate Bankers and other business partners to efficiently and effectively deliver services. Coordinates and facilitates lending activities as required. Loan documentation negotiations are more complex and involved than the Portfolio Manager 3. Expected Number of Portfolio Accounts: 20 - 25; Portfolio Commitments: $100MM - $200MM

ESSENTIAL DUTIES & RESPONSIBILITIES

• Works directly with the CRE Relationship Bankers to obtain all necessary financial statements and project information in order to analyze credit requests.
• Analyzes financial statements including footnotes.
• Completes due diligence process by ordering reports.
• Teams with Senior CRE Portfolio Manager and CRE Banker to provide support as needed to help develop the structure and pricing of a transaction.
• Prepares credit approval package that clearly outlines and expresses a reasoned opinion on key considerations in the credit decision.
• Conducts company, industry, and market analyses to further assess borrower credit quality.
• Performs market and industry analyses to understand macroeconomic and industry drivers.
• Monitors documentation process and approves all legal documents.
• Reviews and approves all legal documents, whether internally or externally prepared, to ensure accuracy and completion in accordance with loan approval.
• Works with CRE Bankers in obtaining and reviewing construction loan documentation (construction contract, architect's contract, final plans and specifications, final cost breakdown/schedule of values, construction disbursement schedule).
• Reviews draw requests (AIA G702 form) and coordinates property inspection and certification of draw by Bank's inspector.
• Underwrites extensions, modifications, and renewals, including performing and reviewing financial analyses and updating the borrower's credit file.
• Tracks and resolves document exceptions related to closing and ongoing exceptions. Monitors credit status and quality of loans on a regularly scheduled basis, including assessment of current risk rating.
• Tests project performance against original underwriting and appraisal projections upon receipt of required reporting information (i.e., monthly, quarterly, semi-annual, or annual operating statements, leasing reports/rent rolls, etc.).
• Performs annual, quarterly, or more frequent reviews (depending on the risk rating and type of project) to assess project performance and risks associated with the project, borrower, and guarantors
• Obtains market and industry information.
• Provides general support to Commercial Real Estate Underwriters and Bankers
• Serves in civic, community and industry activities as needed.
• Keeps informed of current economic conditions and legislation which may affect customer relationships and the Commercial Line of Business.
• Performs other related job duties and special projects as assigned.
• Complies with all applicable federal, state and local banking and industry related laws and regulations including, but not limited to, the Bank Secrecy Act
• Demonstrates organizational integrity and business ethics as it relates to this position, and communicates this commitment to any applicable subordinates.
• Secures and safeguards all customer information according to bank guidelines, including cash, customer account data, and other sensitive information.
• Performs all other duties and special projects as assigned.

SUPERVISORY RESPONSIBILITIES

This job has no supervisory responsibilities.

MINIMUM REQUIRED EDUCATION, EXPERIENCE & KNOWLEDGE

• Bachelor's degree in Business Administration, Finance, Accounting, or a related field
• Seven to ten years of credit analysis experience and working with Commercial Real Estate Underwriters and Relationship Bankers
• Successful completion of formal commercial credit training program
• Experience assisting Senior Bank Officers with complex, diversified, sensitive, and high dollar amount credits
• Experience working with senior lenders on complex accounts is preferred
• Preferred education: Master's degree
• Thorough knowledge of commercial and retail lending services, documentation, underwriting and regulatory guidelines. Superior understanding of financial ratios and business principles. Superior knowledge of credit analysis and lending functions. Superior working knowledge of all bank products and services
• Ability to use rigorous logic to solve complex problems with effective solutions
• Ability to interpret personal and business tax returns and financial statements
• Ability to calculate complicated financial ratios and apply intermediate level business principles
• Ability to communicate effectively orally and in writing using the English language
• Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations
• Ability to write reports, business correspondence, and procedure manuals
• Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public
• Ability to work with mathematical concepts such as probability and statistical inference
• Ability to apply concepts such as fractions, percentages, ratios and proportions to practical situations
• Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists
• Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form

ESSENTIAL MENTAL & PHYSICAL REQUIREMENTS

• Ability to work under stress and meet deadlines
• Ability to operate related equipment to perform the essential job functions
• Ability to read and interpret a document if required to perform the essential job functions
• Ability to travel if required to perform the essential job functions
• Ability to lift/move/carry approximately 10 pounds if required to perform the essential job functions. If the employee is unable to lift/move/carry this weight and can be accommodated without causing the department/division an "undue hardship" then the employee must be accommodated; hence omitting lifting/moving/carrying as a physical requirement.

Equal Opportunity/Affirmative Action Employers. All qualified applicants will receive consideration for employment without regard to race, color, religious beliefs, national origin, ancestry, citizenship, sex, gender, sexual orientation, gender identity, marital status, age, physical or mental disability or history of disability, genetic information, status as a protected veteran, disabled veteran, or other protected characteristics as required by federal, state and local laws.