Portfolio Manager CRE

331 TriState Capital Bank; Cleveland (OH); On-site; USD 80,000 - 160,000; Full time

Benefits offered by this job

Medical, dental, and vision

Retirement savings

Paid time off

Parental leave

Life insurance

Disability benefits

Discretionary bonuses or commissions

Base salary or wages

Job summary

Raymond James in Cleveland, OH seeks a Commercial Real Estate Portfolio Manager to support relationship managers by underwriting credit and administering loan portfolios to maintain high credit quality. The role conducts detailed financial analysis for CRE lending opportunities and prepares materials for Senior Loan Committee.

Responsibilities include monitoring loan performance, risk ratings, covenant compliance, and reporting, plus ensuring proper setup in Baker Hill and other internal

Qualifications

• Undergraduate degree in finance, accounting, or related field.
• Strong credit analysis and underwriting experience preferred.
• Experience with CRE real estate projects (income producing properties, development, construction) preferred.

Responsibilities

• Underwrites credit extensions for new and existing clients.
• Performs detailed financial analysis for CRE lending opportunities.
• Prepares Credit Approval Requests and covenant amendments for Senior Loan Committee.
• Monitors loan performance, risk ratings, and covenant compliance.
• Ensures compliance with credit policies and proper reporting in systems.
• Prepares periodic financial reviews and monthly asset reports.
• Assists relationship managers on prospect/client calls when appropriate.

Skills

Communication skills

Presentation skills

Detail-oriented

Teamwork

Independent work

Education

Bachelor’s in Finance

Bachelor’s in Accounting

Bachelor’s in Business Administration

Tools

Baker Hill

CRM/financial software

Job description

Job Description Summary

The Commercial Real Estate (CRE) Portfolio Manager assists the relationship managers with the underwriting of credit and the ongoing administration of loan portfolios to ensure that the Bank maintains high credit quality and to provide more time for the relationship managers to generate new business opportunities.

Job Description Primary Functions of the Position

• Underwrites requests for credit extensions to new and existing clients
• Performs detailed financial analysis for CRE and, on occasion, personal lending opportunities
• Prepares the following for presentation to Senior Loan Committee:
• Credit Approval Request (CAR)
• Modifications Covenant Waivers/Amendments
• Assessment of Real Estate Sponsorship
• Manages / monitors assigned portfolio for:
• Loan Performance
• Accurate and Timely Risk Rating
• Required Financial Reporting
• Covenant Compliance
• Payment Delinquencies
• Overdrafts
• Monthly Construction Monitoring
• Ensures compliance with the Bank’s credit policies and procedures, identifying exceptions for approval when they occur
• Ensures the initial set-up of credit facilities on Baker Hill and other internal systems is consistent with the reporting requirements and covenants contained in the loan documents
• Prepares periodic financial reviews where required
• Prepares monthly special asset reports for senior management as required
• Ensures the timely spreading of financial statements provided by clients
• Accompanies the relationship manager on prospect / client calls when appropriate

Education and Experience Requirements

Bachelor’s Degree in Finance, Accounting, or related field

Minimum of 5 years of credit analysis and underwriting experience

Completion of a bank commercial credit training program and experience analyzing commercial / residential real estate projects (income producing properties including retail, office, industrial and multi-family; land acquisition and development loans, and construction loans) strongly preferred

Essential Skills and Abilities

• Demonstrated knowledge of investment commercial real estate finance for multiple loan and property types
• Excellent organization skills, attention to detail and the ability to work in a fast-paced environment and complete assignments in a timely manner with minimal direction
• Strong written and verbal communication skills
• Strong presentation skills
• Ability to work independently and within a team
• Proficient in various spreadsheet and word processing applications, including the use of graphs and charts

Education

• Bachelor’s: Accounting
• Bachelor’s: Business Administration
• Bachelor’s: Finance

Work Experience

General Experience - 3 to 6 years

Salary Range

$80,000.00-$160,000.00

Travel

Less than 25%

Workstyle

Resident

Benefits

• Base salary or wages
• Additional compensation (cash or equity)
• Discretionary bonuses or commissions
• Medical, dental, and vision
• Life insurance
• Critical illness insurance and accident insurance
• Disability benefits
• Retirement savings
• Paid time off (including vacation, holidays, and sick leave)
• Parental leave

Company Culture

At Raymond James our associates use five guiding behaviors (Develop, Collaborate, Decide, Deliver, Improve) to deliver on the firm's core values of client-first, integrity, independence and a conservative, long-term view. We expect our associates at all levels to: Grow professionally and inspire others to do the same Work with and through others to achieve desired outcomes Make prompt, pragmatic choices and act with the client in mind Take ownership and hold themselves and others accountable for delivering results that matter Contribute to the continuous evolution of the firm

At Raymond James – as part of our people-first culture, we honor, value, and respect the uniqueness, experiences, and backgrounds of all of our Associates. When associates bring their best authentic selves, our organization, clients, and communities thrive. The Company is an equal opportunity employer and makes all employment decisions on the basis of merit and business needs. Raymond James is a diversified financial services company providing wealth management, capital markets, asset management, banking and other services to individuals, corporations and municipalities. Founded in 1962 in St. Petersburg, Florida, rather than on Wall Street, we have always embraced being a different kind of financial services firm. Today, Raymond James has locations and subsidiaries across the United States, Canada, the United Kingdom and Germany, and is listed on the New York Stock Exchange under the symbol RJF.

Thanks for your interest in working with Raymond James. While we might not have the perfect role for you today, we'd love to keep in touch. Join our Talent Network to stay up to date on career opportunities that may be a good fit for you. Our business is deeply focused on people and their financial well-being. We're committed to helping individuals, corporations and institutions achieve their goals, while also supporting successful professionals and helping our communities prosper. We believe doing well and doing good aren't mutually exclusive. As an established but ever-evolving company, you can start – or continue – growing your career here. We invest in you with wide-ranging benefits and the support of leaders and colleagues who care. From development opportunities and enriching networking groups to prioritizing diversity, inclusion and the power of different perspectives, Raymond James is where good people grow. Our people-first culture is outlined in our Culture Blueprint. Check it out to see why many choose to work at Raymond James – and why they stay.