Portfolio Manager - CRE

331 TriState Capital Bank; Pittsburgh (Allegheny County); On-site; USD 110,000 - 170,000; Full time

Benefits offered by this job

Medical Insurance

Life Insurance

Disability Benefits

Retirement Savings

Paid Time Off

Parental Leave

Job summary

Raymond James in Pittsburgh seeks a CRE Portfolio Manager to assist relationship managers with underwriting, ongoing administration of loan portfolios, and to help maintain high credit quality while enabling growth opportunities.

You will underwrite credit extensions, perform detailed CRE financial analyses, prepare materials for Senior Loan Committee, monitor loan performance and covenants, ensure compliance with credit policies, and coordinate reporting and special asset reviews.

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/RES real estate projects preferred.

Responsibilities

• Underwrites requests for credit extensions to new and existing clients.
• Performs detailed financial analysis for CRE opportunities.
• Prepares materials for Senior Loan Committee (CARs, amendments, sponsorship assessment).
• Monitors loan portfolio performance, risk ratings, reporting and covenant compliance.
• Ensures credit policy compliance and accurate facility setup in internal systems.
• Prepares periodic financial reviews and monthly asset reports.
• Supports relationship managers on client calls as needed.

Skills

Credit analysis

Underwriting

Financial analysis

Portfolio management

Financial reporting

Covenant compliance

Risk management

Presentation skills

Communication

Teamwork

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.

Job Description

• 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.

Certifications

Travel Less than 25%.

Workstyle

Resident.

Compensation

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.

Benefits

• 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.

Company Culture and Values

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.

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.