Investment Real Estate Underwriting Portfolio Manager 2

First National Bank of Pennsylvania; Pittsburgh (Allegheny County); On-site; USD 69,000 - 130,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

Life insurance

401(k)

PTO

HSA

FSA

Job summary

First National Bank of Pennsylvania invites a seasoned Investment Real Estate Underwriting Portfolio Manager to oversee a designated CRE loan portfolio. You will manage underwriting, monitoring, and client relationships, while upholding high credit quality and regulatory compliance.

The role includes mentoring junior staff and leading complex transactions, such as construction loans and large developments, within a collaborative Credit team.

Qualifications

• BA or BS degree required.
• 3+ years of related experience.
• Excellent project management and communication skills.
• Knowledge of Investment Real Estate lending and banking regulations.
• MS Office proficiency.

Responsibilities

• Underwrite, monitor, and analyze assigned Investment Real Estate portfolio with high quality and timely risk identification.
• Lead complex transactions including construction loans and multi-level capital structures.
• Monitor portfolio KPIs/KRIs and ensure compliance with risk appetite and regulatory standards.
• Support Commercial Relationship Managers in client relationships and creditability.
• Mentor junior Underwriting Portfolio Managers and present credit actions in analyses and meetings.
• Ensure regulator and auditor reviews remain satisfactory and policy compliance is maintained.

Skills

Project management

Communication skills

Organizational skills

Interpersonal skills

Customer service

MS Word

MS Excel

MS PowerPoint

IRE lending knowledge

Banking regulations

Education

BA or BS

Job description

Primary Office Location: 101 N 2nd Street. Harrisburg, Pennsylvania. 17101.

Join our team. Make a difference - for us and for your future.

Position Title: Investment Real Estate Underwriting Portfolio Manager 2

Business Unit: Credit

Reports to: Investment Real Estate Underwriting Portfolio Manager Team Leader

Position Overview:

Responsible for managing a designated Commercial Investment Real Estate loan portfolio, including portfolio management, credit underwriting, construction monitoring, and ensuring compliance with bank and regulatory guidelines. Responsible for the quality of underwriting and ongoing portfolio management metrics for portfolio under purview. Assists Commercial Relationship Managers in the management of client relationships while maintaining a high degree of creditability. Acts as a mentor to junior team members. The incumbent typically works on loans/portfolios of medium complexity as the incumbent's work requires some oversight.

Primary Responsibilities:

• Responsible for underwriting, monitoring, and analyzing assigned Investment Real Estate portfolio. Ensure risks are identify timely, maintaining a high degree of accuracy and quality underwriting, and portfolio management practices are aligned with the bank's risk appetite and heightened regulatory standards. Maintain professional development and measurable objectives.
• Leader on complex transactions including construction loans and related monitoring, multi-level capital structures, and/or large developments while demonstrating excellent communication skills in a clear, concise manner to effectively solve problems/make recommendations regarding credit structure, risk, appropriate risk ratings and policy compliance.
• Monitors and ensures assigned portfolio is within acceptable tolerances as well as published KPIs/KRIs.
• Assists Commercial Relationship Managers in the management of client relationships while maintaining a high degree of creditability. Optimize customer relationships working directly with Relationship Managers.
• Ensure sustained satisfactory reviews by regulators, internal auditors, external auditors, and loan review for depth of underwriting, identification of Policy Exceptions, and appropriate underwriting stress analysis of credits underwritten.
• Works with manager on group-wide initiatives for process, roles and responsibilities enhancements, and/or output improvements. Acts as a mentor to junior Underwriting Portfolio Managers.
• Effectively present proposed credit actions in written analysis document and as necessary, verbally in various committee and meetings.
• Performs other related duties and projects as assigned.
• All employees have the responsibility and the accountability to serve as risk managers for their businesses by understanding, reporting, responding to, managing and monitoring the risk they encounter daily as required by F.N.B. Corporation's risk management program. F.N.B. Corporation is committed to achieving superior levels of compliance by adhering to regulatory laws and guidelines. Compliance with regulatory laws and company procedures is a required component of all position descriptions.

Minimum Level of Education Required to Perform the Primary Responsibilities of this Position:

BA or BS

Minimum # of Years of Job Related Experience Required to Perform the Primary Responsibilities of this Position:

3

Skills Required to Perform the Primary Responsibilities of this Position:

• Excellent project management skills
• Excellent communication skills, both written and verbal
• Excellent organizational, analytical and interpersonal skills
• Excellent customer service skills
• Ability to use a personal computer and job-related software
• MS Word - Basic Level
• MS Excel - Intermediate Level
• MS PowerPoint - Basic Level
• Knowledge of a wide range of Investment Real Estate lending, underwriting practices, and banking practices
• Knowledge of commercial banking policies, procedures and government regulations

Licensures/Certifications Required to Perform the Primary Responsibilities of this Position:

N/A

Physical Requirements or Work Conditions Beyond Traditional Office Work:

Travel may be required on occasion

Compensation Grade:

EXT09

Pay Range:

$68,666.00 - $129,688.00

FNB's total rewards package may include other components such as: overtime, incentive, equity and benefits. Salary range is a guideline and is determined by a number of factors including education, experience, skills, internal equity and market conditions. We review pay regularly to ensure competitive and equitable pay. FNB offers a comprehensive benefits package including but not limited to, medical, dental, vision, life insurance, flexible spending accounts, health savings account, 401(k), paid time off, including sick time, vacation time, and paid holidays, and other voluntary benefits.

Equal Employment Opportunity (EEO):

It is the policy of FNB not to discriminate against any employee or applicant for employment because of his or her race, color, religion, sex, sexual orientation, gender identity, national origin, disability status, or status as a protected veteran. FNB provides all applicants and employees a discrimination and harassment free workplace.