Portfolio Manager - CRE

Raymond James; Pittsburgh (Allegheny County); On-site; USD 90,000 - 130,000; Full time

Job summary

Raymond James is seeking a CRE Portfolio Manager in Pittsburgh to support relationship managers with underwriting and ongoing loan portfolio administration. The role focuses on credit analysis for CRE and occasional personal lending opportunities, ensuring high credit quality and timely reporting.

The position involves preparing CARs, modifications, covenant waivers, real estate sponsorship assessments, and daily monitoring of loan performance, covenants, and delinquencies.

Qualifications

• 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 CRE/real estate projects (income producing properties, construction loans) strongly preferred.

Responsibilities

• Underwrites requests for credit extensions to new and existing clients.
• Performs detailed financial analysis for CRE and personal lending opportunities.
• Prepares Credit Approval Requests (CAR), modifications, covenant waivers/amendments, and sponsorship assessments for Senior Loan Committee.
• Monitors portfolio for loan performance, risk rating, reporting, covenants, delinquencies, overdrafts, and construction monitoring.
• Ensures credit policy compliance and proper setup of facilities in Baker Hill and internal systems.
• Prepares periodic financial reviews and monthly special asset reports.
• Spreads financial statements timely and supports relationship managers on calls when appropriate.

Skills

Credit analysis

Underwriting

Financial analysis

Presentation skills

Communication

Teamwork

Excel/Spreadsheet skills

Education

Bachelor's degree in Finance

Bachelor's degree in Accounting

Bachelor's degree in Business Administration

Tools

Baker Hill

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.

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

Travel

Less than 25%

Workstyle

Resident

The total compensation for this position includes base salary or wages, and may include components such as additional compensation (cash or equity), discretionary bonuses, or commissions. This position is eligible for a benefits package that may include 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); and parental leave. Eligibility for benefits and specific offerings may vary based on position and employment status. To view more details of the benefits offered, visit Myrjbenefits.com.

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.