Real Estate Portfolio Manager - Irvine, CA

Zions Bancorporation; Irvine (CA); On-site; USD 69,000 - 101,000; Full time

Benefits offered by this job

Health insurance

Life insurance

Disability insurance

Paid parental leave

HSA available

PTO and holidays

401(k) match/Profit sharing

Tuition reimbursement

Mental health benefits

Job summary

California Bank & Trust, a division of Zions Bancorporation, is seeking an Underwriting & Credit professional to evaluate CRE loan opportunities and manage portfolio risk. You will analyze financial statements, cash flows, and collateral, preparing concise credit memoranda for approval committees.

The role supports deal origination, construction budgeting, and ongoing monitoring, partnering with Relationship Managers and risk teams.

Qualifications

• Requires a bachelor's degree in Finance, Business or related field and 2+ years of banking, relationship management, underwriting and credit experience.
• Knowledge of loans, credit analysis, spreading and analyzing financial statements, risk analysis, credit scoring, loan documentation.
• Knowledge of banking products, services, policies, procedures and regulations.
• Solid credit skills in underwriting, financial modeling, valuations and policy adherence.
• Excellent communication, organization, analytical and problem-solving abilities.

Responsibilities

• Underwrite new originations and portfolio exposures for CRE across multiple property types.
• Analyze borrower financials, cash flows, collateral valuation, sponsor strength and covenant sensitivities.
• Prepare clear written credit analyses and documentation; manage straightforward requests with limited supervision.
• Support deal origination, construction budgets, monthly draw reviews and project completion.
• Assist relationship managers with portfolio management, spreading statements, and covenant monitoring.
• Collaborate with Credit Approvers and risk partners; participate in client meetings as needed.

Education

Bachelor's degree in Finance or Business

Tools

Excel

CoStar

Salesforce

nCino

Job description

Associates at California Bank & Trust work in a relationship-centered culture where they are provided with the tools, training, and opportunities to build the best possible relationships with our clients and with each other. Our workplace culture values each associate’s unique experiences, background and perspectives and provides a collaborative environment for all employees to grow and thrive.

As a premier California-focused financial services company dedicated to serving its communities, families, and businesses (small, mid-sized and large), CB&T has been active for 70 years and has more than 80 full-service branch offices across the state. This dedication has helped the bank earn recognition as a perennial powerhouse in yearly voting for “Best Bank” and “Best Commercial Bank” from the readers of San Diego Union-Tribune Orange County Register. Additionally, as a division of Zions Bancorporation, the bank has collected multiple Greenwich Excellence Awards for “Overall Client Satisfaction” in Small Business & Middle Market Excellence Awards.

Job Requirements:

Underwriting & Credit Analysis

• Underwrite new originations and portfolio exposures for a broad range of CRE asset classes.
• Analyze borrower financials, property cash flows, collateral valuation, sponsor strength, covenant sensitivities, and market conditions
• Prepare clear, comprehensive written credit analyses and supporting documentation
• Execute straightforward credit requests for existing clients with limited supervision
• Assist with annual company‑wide credit reviews for clients with multiple property holdings, including analysis beyond bank‑financed properties

Transaction & Deal Support

• Support both existing property transactions (including refinancings) and ground‑up construction projects, including budget monitoring and monthly construction draw reviews through project completion
• Assist with new deal originations, evaluating opportunities with typical transaction sizes of $24–$40 Million.
• Participate in the preparation and negotiation of term sheets, as applicable

Portfolio Management & Credit Monitoring

• Support Relationship Managers in managing an assigned portfolio of commercial real estate client relationships
• Perform accurate and consistent spreading of borrower financial statements in accordance with bank standards and credit policies
• Prepare quarterly trend analyses, monitoring reports, and covenant compliance testing
• Maintain compliance monitoring and financial reporting databases, including tracking credit agreement requirements, borrower financial receipt, and key credit metrics
• Participate in quarterly portfolio reviews, including analysis of operating statements, rent rolls, and risk assessments
• Proactively identify and communicate emerging risks, mitigants, and other issues at the transaction and portfolio level

Collaboration & Communication

• Collaborate effectively with Credit Approvers and internal risk partners
• Participate in client bank meetings, as needed, to support underwriting, portfolio management, and risk discussions
• Serve as a reliable first line of credit analysis, escalating issues appropriately

Qualifications:

Requires a bachelor's degree in Finance, Business or other related field and 2+ years of banking, relationship management, underwriting and credit experience or other directly related experience. An equivalent combination of education and experience may meet qualifications.

Knowledge of various types of loans, credit analysis, spreading and analyzing financial statements, risk analysis, credit scoring, loan documentation, etc.

Knowledge of banking products, services, policies, procedures and regulations.

Solid credit skills in underwriting, financial modeling, valuations and adherence to policy.

Requires solid customer service, relationship, organizational, analytical and creative problem-solving skills.

Ability to meet deadlines.

Must have solid communications skills, both verbal and written.

Knowledge of various software applications including word processing and spreadsheets.

Preferred Skills & Experience

• Strong foundation in CRE underwriting across multiple property types (cash flow, valuation, sponsor analysis, structure, and covenants).
• Experience authoring credit memoranda and presenting key risks, mitigants, and recommendations to approval committees
• Strong analytical and technical writing skills; able to translate complex sponsor/tenant/technical diligence into clear credit narratives
• Strong verbal and written communication skills, with the ability to collaborate across origination, portfolio management, credit risk, and technical advisors
• Comfort operating with accountability—independently driving analyses while partnering closely with Relationship Managers, Portfolio Managers, and Credit Approvers
• Familiarity with banking credit policy, loan documentation concepts, and CRE underwriting processes (construction, bridge, term, homebuilding and portfolio facilities)
• Advanced proficiency in Microsoft Excel (cash flow modeling and scenario analysis) and the broader Microsoft Office Suite
• Experience with nCino, CoStar, Salesforce and/or other CRE research platforms preferred

• Medical, Dental and Vision Insurance - START DAY ONE!
• Life and Disability Insurance, Paid Parental Leave and Adoption Assistance
• Health Savings (HSA), Flexible Spending (FSA)and dependent care accounts
• Paid Training, Paid Time Off (PTO) and 11 Paid Federal Holidays, and any applicable state holidays
• 401(k) plan with company match, Profit Sharing, competitive compensation in line with work experience
• Mental health benefits including coaching and therapy sessions
• Tuition Reimbursement for qualifying employees enrolled in an accredited degree program related to the needs of the business, maximum of $5,250 per calendar year, employees are eligible for the program upon hire
• Employee Ambassador preferred banking products

This position is eligible to earn a base salary in the range of$69,000 - $101,000annually depending on job-related factors such as level of experience and location.

This position will be open until filled.

All candidates, including those with criminal histories will be considered for employment. However, a background check adjudicated consistently with the FDIC Section 19 regulation will be completed on any candidate who accepts a conditional job offer from the Company. Because the Company is a financial institution, the FDIC guidelines apply to all positions within the company and as such any and all job duties have a direct relationship to a candidate’s criminal history and that criminal history would need to align with the FDIC Section 19 regulations.

Zions Bancorporation, National Association prohibits illegal discrimination and reaffirms its policy of providing Equal Employment Opportunity (EEO), by extending equal employment and advancement opportunities to all employees and applicants for employment, without regard to race, color, religion, age (40 and over), sex, pregnancy, gender, disability, national origin, ethnic background, citizenship, protected veteran status, military service, sexual orientation, gender identity, genetic information or any other characteristic protected by applicable federal, state or local law.

It is the Company’s policy not to discriminate because of a person’s relationship or association with a protected veteran. This includes spouses and other family members. Also, Zions will safeguard the fair and equitable treatment of protected veteran spouses and family members with regard to all employment actions and prohibit harassment of applicants and employees because of their relationship or association with a protected veteran.

Applicants Requesting Accommodations: If you are a qualified individual with a disability or a disabled veteran, you may request a reasonable accommodation if you are unable or limited in your ability to use or access our career site. You can request reasonable accommodations by contacting us at [e-mail] or 801/844-7618. Please email your resume/cover letter, indicate what position you are interested in and include "Accommodation needed" in the subject line to ensure your information is routed to the appropriate contact.

California Bank and Trust a division of Zions Bancorporation, N.A. Member FDIC