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CRE-Portfolio Manager/Underwriter-Hospitality Group

Salary
Competitive
Employment
Full Time
Real Estate Field
Location
Chicago
 IL
Postal Code
60601
Country
United States

This job is no longer active.

Description


Portfolio Manager, Commercial Real Estate – Hospitality Finance

 

This position is a key member of the Bank’s Hospitality Finance Group, collaborating with Relationship Managers to deliver well-structured loan solutions for commercial real estate customers across the U.S. The Portfolio Manager is responsible for preparing well-reasoned credit proposals in accordance with sound credit-granting principles and in compliance with Bank policy & procedures.  This role is also responsible for monitoring the performance of an assigned portfolio of customers and ensuring that all reviews and renewals of loans are reviewed and re-documented as necessary. 

  • Credit Assessment (30%)
  • Client Performance Management (30%)
  • Sales Support and Partnership (25%)
  • Management of Team and Team Workflow (15%)

Credit Assessment & Risk Management

  • Operate as key member of the deal team to analyze and prepare lending proposals, provide loan structuring expertise and identify opportunities to maximize penetration and returns.
  • Provide accurate financial analysis and oversight of assigned portfolio of customers as well as new customers.
  • Evaluate appropriate loan structure with respect to ability to repay, collateral and ownership.
  • Prepare and present credit applications to Credit Officers to obtain necessary credit approvals.
  • Negotiate loans with clients.
  • Protect the Bank’s assets and maintain quality of portfolio, ensuring credit proposals and security valuations are in accordance with sound credit-granting principles and in compliance with the Bank’s policies and related procedures.
  • Adhere to Know Your Customer Rules and Bank policies & procedures for the prevention of loss.

Client Performance Management

  • Oversee documentation and ongoing monitoring of asset and client performance.
  • Actively manage assigned portfolio to maximize return and credit quality.
  • Prepare concise, well-reasoned credit correspondence.
  • Responsible for monitoring covenants of clients within assigned portfolio.  Identify deteriorating credit conditions and compliance with loan agreements.
  • Monitor high risk loans via established procedures, with transfers to Special Assets Monitoring Unit when appropriate.
  • Ensure that loan renewals, annual reviews and monitoring are completed on a timely basis.

Sales Support and Partnerships

  • Provide exceptional customer service to clients.
  • Maintain contact and attend meetings with lending clients in conjunction with Relationship Managers.
  • Collaborate with Relationship Managers to generate ideas, identify client solutions, pursue marketing efforts, cover clients, and deliver timely solutions.
  • Assist Relationship Managers with preliminary screening and underwriting of loan packages.
  • Work with specialists as needed to support cross-sell opportunities.
  • Increase share of wallet with customer by identifying cross-sell opportunities or enhance existing services by recommending, credit, deposit, cash management, etc.
  • Maintain awareness of all firm products and services offered and facilitate means of receiving continuous updates.

Management of Workflow

  • Effectively manage workflow by aligning tasks with departmental goals and objectives.
  • Lead team to success through mentoring, coaching, and career development of analysts and associates.

Knowledge:

  • An undergraduate degree, preferably in finance, economics, or accounting.
  • Completion of a major corporate credit training program (or equivalent experience) and prior lending authority.
  • 7 or more years of underwriting and portfolio management experience, preferably in a commercial real estate lending environment for loan sizes > $15MM, structuring loans and negotiating legal documents.
  • In-depth understanding of commercial banking products, commercial real estate lending, all supporting processes and technology.

Skills:

  • Highly developed written and oral communication skills including the ability to write clear, concise and cogent credit correspondence.
  • Exceptional analytical skills.
  • Proficient with MS Office products (Word, Excel, Power Point).
  • Strong interpersonal skills.
  • Well organized, attention to detail, and able to manage multiple projects under pressure.
  • Ability to advocate persuasively.
  • Ability to work under limited supervision.
  • Ability to coach others.  

 

 
 

Experience


10+ to 15 years


This job is no longer active.

Asset / Portfolio Management Hospitality / Entertainment Chicago Full Time IL Portfolio Management, Risk Management, Underwriting CRE-Portfolio Manager/Underwriter-Hospitality Group other