Portfolio Manager - Corporate Channel

NewRez LLC

Los Angeles (CA)

On-site

USD 100,000 - 130,000

Full time

9 days ago

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Job summary

Genesis Capital in Los Angeles is seeking a Portfolio Analyst to oversee large lender relationships, monitor covenants, and manage credit risk across a $20MM+ portfolio.

You will prepare quarterly reporting, support sponsor reviews, and coordinate with Lending Team Managers to identify trends and remediation actions. A bachelor's degree and 4+ years in portfolio analysis are required, with expert Excel skills and knowledge of credit underwriting.

Qualifications

Bachelor’s degree in business or related field
4+ years working experience as portfolio analyst/associate
Knowledge of bank operations/ systems and compliance/ regulatory issues
Experience in private money or hard money preferred
Expert knowledge in complex commercial lending and financial deal structuring
Expert knowledge of credit underwriting policies, procedures, processes, collateral valuation, and documentation
Highly proficient/Advanced in Excel, Word, PowerPoint, and database applications

Responsibilities

Establish and maintain quarterly reporting, monitoring, and risk review processes for all relationships with commitments exceeding $20MM.
Partner with Technology and reporting teams to develop automated monitoring and reporting capabilities.
Conduct quarterly portfolio review meetings with Lending Team Managers to discuss performance, emerging risks, exceptions, and action plans.
Identify and elevate adverse trends and recommend mitigation strategies.
Monitor upcoming maturity dates and extension requests across the portfolio.
Track borrowers approaching maximum extension limits and elevate concerns proactively.
Assist lending teams in evaluating refinancing opportunities and structuring viable solutions for maturing credits.
Oversee quarterly covenant testing and compliance monitoring, including Debt Service Coverage Ratio (DSCR).
Occupancy requirements and trend analysis.
Other financial and operational covenants.
Manage liquidity covenant monitoring and testing.
Identify covenant breaches and coordinate remediation efforts with lending and credit partners.
Monitor upcoming sponsor reviews and renewal requirements.
Assist Relationship Managers and Relationship Associates in advancing sponsor renewals through the approval process.
Prepare interim sponsor updates and limit increase memorandums.
Assist with Top 20 Sponsor reporting.
Provide portfolio-level analysis to senior leadership highlighting key risks, opportunities, and concentration considerations.
Monitor delinquent payment activity throughout the portfolio.
Assist lending teams with borrower outreach and resolution strategies.
Analyze delinquency trends and identify emerging portfolio risks.

Skills

Detail-oriented

Multi-tasking

Fast learner

Leadership & prioritization

Credit risk analysis

Education

Bachelor’s degree in business or related field

Tools

Excel

PowerPoint

Word

Database applications

Job description

Genesis Capital (the “Company”) is one of the largest business purpose lenders in the country, focused on providing commercial real estate financing solutions to real estate developers who buy, renovate, and sell single-family and/or multi-family residential real estate. The Company is a subsidiary of Rithm Capital (parent company), a publicly traded mortgage real estate investment trust. Responsible for the ongoing monitoring, reporting, risk management, and administration of a real estate loan portfolio, with a focus on large borrower relationships, covenant compliance, sponsor oversight, construction monitoring, and proactive identification of credit risks. Acts as a key partner to Lending Team Managers (LTMs), Relationship Managers (RMs), Relationship Associates (RAs), Credit, and Portfolio Risk teams to ensure timely escalations and effective portfolio management.

Principal Duties

ESSENTIAL FUNCTIONS include the following. Other duties may be assigned.

Large Loan Portfolio Oversight ($20MM+)

Establish and maintain quarterly reporting, monitoring, and risk review processes for all relationships with commitments exceeding $20MM.

Partner with Technology and reporting teams to develop automated monitoring and reporting capabilities.

Conduct quarterly portfolio review meetings with Lending Team Managers to discuss performance, emerging risks, exceptions, and action plans.

Identify and elevate adverse trends and recommend mitigation strategies.

Loan Extension Management

Monitor upcoming maturity dates and extension requests across the portfolio.

Track borrowers approaching maximum extension limits and elevate concerns proactively.

Assist lending teams in evaluating refinancing opportunities and structuring viable solutions for maturing credits.

Financial Reporting and Covenant Compliance

Oversee quarterly covenant testing and compliance monitoring, including Debt Service Coverage Ratio (DSCR).

Occupancy requirements and trend analysis.

Other financial and operational covenants.

Manage liquidity covenant monitoring and testing.

Identify covenant breaches and coordinate remediation efforts with lending and credit partners.

Sponsor Relationship Management

Monitor upcoming sponsor reviews and renewal requirements.

Assist Relationship Managers and Relationship Associates in advancing sponsor renewals through the approval process.

Prepare interim sponsor updates and limit increase memorandums.

Sponsor and Concentration Reporting

Assist with any Top 20 Sponsor reporting.

Provide portfolio-level analysis to senior leadership highlighting key risks, opportunities, and concentration considerations.

Delinquency and Credit Risk Management

Monitor delinquent payment activity throughout the portfolio.

Assist lending teams with borrower outreach and resolution strategies.

Analyze delinquency trends and identify emerging portfolio risks.

Education and Experience

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Bachelor’s degree in business or related field.

4+ years working experience in working as a portfolio analyst/associate.

Knowledge of bank operations/ systems and compliance/ regulatory issues.

Experience in private money or hard money preferred.

Expert knowledge in complex commercial lending and financial deal structuring.

Expert knowledge of credit underwriting policies, procedures, processes, collateral valuation, and documentation.

Highly Proficient/Advanced in Excel, Word, PowerPoint, and database application.

Knowledge, Skills, and Abilities

Strong attention to detail and an ability to multi-task, respond well to pressure and deadlines, and work well individually and in a collaborative environment.

Fast learner - able to assimilate new ideas and thrive in a fast-paced environment.

Ability to lead and manage multiple tasks concurrently and self-prioritize workload to meet deadlines as an individual and leader.

While this description is intended to be an accurate reflection of the position’s requirements, it in no way implies/states that these are the only job responsibilities. Management reserves the right to modify, add, or remove duties and request other duties, as necessary.

By applying for this position, the candidate acknowledges that this is not a remote role and is required to be on-site.

Compensation Range: $100,000 - $130,000/annual

Equal Employment Opportunity We're proud to be an equal opportunity employer- and celebrate our employees' differences, including race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, and Veteran status. Different makes us better.

CA Privacy Policy CA Notice at Collection

Genesis Capital is the preferred capital partner for professional real estate investors seeking prompt and innovative financing solutions that support all phases of their residential projects. Genesis Capital’s senior leadership team has extensive expertise in real estate development, commercial banking, and corporate finance. Our unique business model and value proposition are based on long-term relationships with high-caliber, professional real estate investors, offering comprehensive loan programs to support developers throughout the property lifecycle with flexibility and speed. We leverage proprietary data and technology for market expansion, customer acquisition, underwriting, and risk monitoring. Our multi-faceted underwriting approach and construction expertise ensure strong growth, profitability, and strong credit quality.

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