Senior Portfolio Manager

Flagstar; New York (NY); On-site; USD 117,000 - 194,000; Full time

Job summary

An established industry player is seeking a Senior Portfolio Manager to join their dynamic team in New York. This role requires an analytical and organized individual who excels in communication and relationship management. The successful candidate will lead in structuring and underwriting commercial loan requests while ensuring the credit quality of the loan portfolio. With a focus on mentoring junior team members, this position offers a unique opportunity to influence the team’s success and develop your career in a supportive environment. If you are passionate about finance and eager to make an impact, this role is perfect for you.

Qualifications

• 12+ years of experience in complex transactions and relationships.
• Excellent leadership and communication skills for loan closings.
• Ability to mentor and develop junior team members.

Responsibilities

• Underwrite, analyze, and close complex commercial loans.
• Monitor credit quality and manage delinquencies in the portfolio.
• Actively manage client relationships with the deal team.

Skills

Credit Analysis

Loan Structuring

Financial Statement Analysis

Interpersonal Skills

Leadership

Communication Skills

Education

Bachelor’s Degree in Business

Bachelor’s Degree in Finance

Tools

nCino

Credit Lens

AFS

Job description

Position Title

Senior Portfolio Manager

Location

New York, NY 10018

Job Summary

A Portfolio Manager must be an analytical, organized, team-focused individual with good verbal and written communication skills. This individual will be responsible for completing an in-depth analysis of commercial loan requests, as well as making recommendations based on such analysis. Portfolio Managers work in a team environment as a key player within the relationship deal team. Primary responsibilities include underwriting, monitoring and maintaining the credit quality of a loan portfolio as well as managing the loan closing process. Portfolio Managers maintain strong working relationships, depending on experience level, with clients, deal team, credit team, and other internal partners.

Pay Range: $117,195 - $155,270 - $193,355

Pay Range: Local Minimum Wage - $0.00 - $0.00

Job Responsibilities:

1. Underwrite, Analyze and Close Loans: Working with the relationship manager, take a lead role in structuring, underwriting, and analysis of commercial loan requests. Prepare credit approval packages, present recommendations to the credit team/senior management, and close complex commercial loans.
2. Portfolio Management: Responsible for monitoring the credit quality of the assigned portfolio by periodically evaluating financial trends, covenant compliance, and borrowing bases, including the preparation of annual (or more frequent) reviews. Additionally, manage delinquencies and collateral exceptions.
3. Relationship Management: Manage client relationships actively along with the deal team.
4. Training: Mentor, train, and develop junior team members.
5. Maintaining Knowledge: Stay knowledgeable about various commercial products available to clients as well as general market and industry trends.

Job Requirements:

• 12+ years of experience
• Handles transactions, relationships, or portfolios with the highest level of complexity
• Experience mentoring and developing less experienced team members, sharing expertise and insights
• High-level oral and written interpersonal skills necessary to recommend loan transactions to senior management
• Excellent leadership and communication skills for smooth loan closings and daily portfolio management
• Bachelor’s Degree in Business, Finance, or related field
• Highly advanced credit analysis skills (formal credit training preferred)
• Demonstrated knowledge of financial statement analysis
• Excellent interpersonal, verbal, and written communication skills
• Ability to work effectively in a team environment
• Ability to interact with all organizational levels
• Ability to work autonomously, handle multiple projects, and adapt to new challenges
• Familiarity with nCino, Credit Lens, AFS is a plus
• Experience in Credit Analysis or Loan Review, preferably in banking industry

Equal Opportunity Statement

Flagstar is an Equal Opportunity Employer.