VP Specialty Real Estate Portfolio Manager

Ameriserv Bank; Johnstown (Cambria County); On-site; USD 90,000 - 130,000; Full time

Job summary

AmeriServ Bank is seeking a senior leader to manage the Trust Specialty Real Estate Division, overseeing fiscal and personnel management, compliance, portfolio and valuation management, and policy development. You will supervise staff, ensure regulatory filings and audits, and guide the investment process from structuring through post-closing.

The role requires a Bachelor’s degree in management, accounting, or finance and at least five years in management of credit, lending, and CRE, with

Qualifications

• Bachelor’s degree in management, accounting, or finance is required.
• Five (5) years of experience in management of credit, collections, and lending functions, plus experience in commercial real estate lending is required.
• Ability to discuss investments, make presentations, prepare informative proposals and develop new profitable business.

Responsibilities

• Manage the administration of the Trust Specialty Real Estate Division including fiscal and personnel management, compliance, portfolio management, and valuation management.
• Oversee investment selection process and present recommendations to the Investment Committee.
• Oversee pre-funding and post-closing processes to ensure investments align with policies and legal frameworks.
• Supervise division staff and ensure regulatory compliance with funds and audits.
• Oversee annual investment reviews and risk ratings for portfolio assets.

Skills

Strong Communication

Computer Skills (Microsoft)

Interpersonal Skills

Deadline Oriented

Strong Analytical Skills

Ethical Conduct

Education

Bachelor’s Degree in Management, Accounting, or Finance

Job description

Job Category: First/Mid-Level Officials and Mgrs

Requisition Number: VPSPE001581

• Posted : October 19, 2026
• Full-Time

Locations

Showing 1 location

Johnstown, PA 159070520, USA

Description

FUNCTION:

Responsible for managing the administration of the Trust Specialty Real Estate Division functions to include, fiscal and personnel management, compliance, portfolio management, and valuation management. Develop and implement division policies and procedures, attain division objectives and provide overall supervision for the activities while assuring the delivery of quality service to clients.

DUTIES:

1. Manage the portfolio of both debt and equity investments in commercial real estate within the ERECT Funds.

2. Oversee the entire investment selection process including structuring new investments and presenting investments with recommendations to the Trust Specialty Real Estate Investment Committee.

3. Oversee the pre-funding and post-closing processes to ensure all new investments are structured correctly and in line with policies, procedures, and legal frameworks.

4. Supervision of the division’s staff.

5. Ensure compliance of regulatory and legal requirements with maintaining both collective investment funds and common funds. This includes notifying regulators and filing appropriate reports on a regular basis (5500s and annual audits).

6. Oversee the review process for all assets within the portfolio. This includes annual investment reviews and annual risk ratings for each asset within the portfolio.

7. Oversee and have full responsibility for the valuation and balancing process for the funds.

8. Ensure compliance with laws regarding tax filings for the funds and the investors within those funds. Confirm that tax filings are completed accurately and on a timely basis.

9. Oversee the divisions policy and procedure manual including conducting an annual review of the manual along with making any changes based on new procedures or changes in valuation methodologies.

10. Oversee preparation of all applicable divisional documents and reports.

11. Serve as contact and main liaison to our specialty trust real estate funds’ underwriting partners.

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.

SUPERVISORY RESPONSIBILITY:

This position requires supervision of employees.

WORK ENVIRONMENT:

This job operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines.

PHYSICAL DEMANDS:

The employee is frequently required to: 1) Type or otherwise work with fingers; 2) Talk expressing or exchanging ideas by means of the spoken word. Those activities in which they must convey detailed or important spoken instructions to other workers or clients accurately, loudly, or quickly; 3) Hearing – perceiving the nature of sounds at normal speaking levels with/without correction. Ability to receive detailed information through oral communication and make the discriminations in sound. 4) Specific vision abilities required by this job include viewing a computer monitor, extensive reading, along with travel as required.

Sedentary work with some walking and standing; may require occasionally lifting of up to 10 pounds and/or move up to 25 pounds.

TRAVEL:

Moderate travel is required (could be overnight).

COMPETENCIES:

1. Strong Communication Skills (Oral and Written)

2. Computer Skills (Microsoft Products)

3. Interpersonal Skills

4. Deadline Oriented

5. Strong Analytical Skills

6. Ethical Conduct

REQUIRED/PREFERRED EDUCATION and EXPERIENCE:

Bachelor’s Degree in Management, Accounting, or Finance and five (5) years of experience in management of credit, collections, and lending functions, as well as experience in commercial real estate lending and the ability to discuss investments, make presentations, prepare informative proposals and develop new profitable business is required. Preferred to have a some supervisory experience as well.

Qualifications

Experience

Five (5) years of experience in management of credit, collections, and lending functions, as well as experience in commercial real estate lending and the ability to discuss investments, make presentations, prepare informative proposals and develop new profitable business is required.

Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws.For further information, please review the Know Your Rights notice from the Department of Labor.