Portfolio Manager II

1 week ago


Iselin, New Jersey, United States Provident Bank Full time
POSITION SUMMARY

This CRE position's responsibilities include all aspects of Portfolio Management as relates to assigned portfolio loans. The primary focus will be assisting multiple Lenders with the monitoring and management of their portfolio, maintaining a small portfolio of their own and assisting with other department related assigned functions. Responsibilities will include the preparation of short term extensions, modifications, borrower contact and comprehensive financial review of both individual and project economics and valuation, guarantor analysis, market analysis and risk rating recommendation. The loan analyses include both CRE construction loans and CRE permanent mortgages.

MAJOR JOB RESPONSIBILITIES

Performs portfolio management responsibilities including:
  • Monitor maturities and past dues.
  • Monitor covenant compliance of the CRE portfolio.
  • Monitor the receipt, review and proper documentation of financials, loan approvals, loan documents, etc.
  • Prepare Annual Reviews to assess credit quality and covenant compliance.
  • Prepare short term extensions of matured loans.
  • Preparation of Semi-annual construction reviews
  • Covenant compliance; performs property inspections.
  • Preparation of detailed excel Group Exposure Chart.
  • Request quotes/order appraisal and environmental reports.
Other Responsibilities include::
  • Detailed property descriptions and market analysis.
  • Detailed analysis of financial statements.
  • Project economics, income and expense analysis, tenancy analysis, and property valuations
  • Construction budget analysis with determination of sources and uses of funds.
  • Borrower and Guarantor analysis.
  • Assess lending risks, clearly identify offsetting mitigates and summarize Recommendations.
  • Prepare loan modification/covenant waiver memos.
  • Complete special projects as directed by the CRE Portfolio Manager Team Leader.
SUPERVISORY RESPONSIBILITIES

None

SKILLS AND TRAINING
  • Strong Comprehensive financial analysis skills / experience.
  • Comprehensive Commercial Real Estate loan analysis experience.
  • Ability to manage a commercial real estate portfolio
  • Ability to assist multiple Lenders with management of their portfolio
  • Strong verb and written communicative and analytical skills.
  • Proficient with software programs (Microsoft Word, Excel & Argus), financial analysis programs and discounted cash flow models.
  • Strong customer service skills.
EDUCATION
  • Bachelor's degrees in Finance, Accounting or Economics required.
WORK EXPERIENCE

Five (5) to Seven (7) years' work experience in all facets of commercial real estate within financial industry, with a strong concentration in Banking.

LICENSES AND/OR CERTIFICATES

Licenses and Certifications

None

WORKING CONDITIONS

Work is performed in a normal office environment. Noise levels are usually moderate. May include travel by automobile.

HAZARDS

The hazards are mainly those present in a normal office setting and those present in commuting locally by car. Occasionally may be exposed to those conditions present in public forums and meeting places.

Provident Bank recognizes and supports the importance of creating a socially and culturally diverse employee base. We understand, value, and appreciate the unique perspectives that a diverse workforce can contribute to our organization. We put the employee and the customer at the center of strategy because culture is a critical differentiator for why people choose to work here.

We are an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to age 40 and over, color, disability, gender identity, genetic information, military or veteran status, national origin, race, religion, sex, sexual orientation or any other applicable status protected by state or local law.

About Provident Bank

For more than 180 years, Provident Bank has served individuals, families, and businesses in our local communities with personal and business banking services.

Volunteering is a Way of Life

Our brand promise - "Commitment you can count on" - supports the investments we make in the community and donations made by our employees. It's a promise also reflected in the volunteerism of our employees, who lend time and talent and countless hours to assist hundreds of organizations and thousands of people and animals each year.

Why do we love it?
  1. We get to volunteer in areas that are meaningful to the bank and impactful in the community.
  2. Through generous contributions, we have raised over $912,000 in 2022. No item or donation is too small; we find a home for it all.


  • Iselin, New Jersey, United States Hexaware Technologies Full time

    Computer Programmer II (HEX464; multiple positions; full-time)Hexaware seeks Computer Programmer II to work in Iselin, NJ and various unanticipated locations throughout the US to write, update, and maintain computer programs. Review system performance and make adjustments to keep them running well. Perform and direct the update, repair or expansion of...


  • Iselin, New Jersey, United States Hexaware Technologies Full time

    Application Developer II (HEX455; multiple positions; full-time)Hexaware seeks Application Developer II to work in Iselin, NJ and various unanticipated locations throughout the US to confer with clients to identify and analyze user requirement specifications. Design and develop new or modified software systems using scientific analysis and mathematical...


  • Iselin, New Jersey, United States Strategic Employment Partners (SEP) Full time

    Join Our Growing Team in New JerseyBoutique Fund Administrator located in Woodbridge Township, New Jersey is seeking a talented and motivated Fund Accountants (Supervisor and Manager) to join a newly created, growing team. You will play a vital role in servicing a growing and lucrative clientele working on an exclusive portfolio of esteemed companies....


  • Iselin, New Jersey, United States Brenntag Full time

    Stage Picture:brenntag_other_2.jpgJobTitle:Business Development Manager HIILocation:South Plainfield/USAEmployment Type:EmployeeBusiness Development Manager HIIOur team in South Plainfield currently has an opening for a Business Development Manager HIIYOUR ROLE & RESPONSIBILITIESJob Summary:TheBusiness Development Manager is responsible for identifying...


  • Iselin, New Jersey, United States Molson Coors Full time

    Requisition ID: 30878 A Career in Beer and Beyond: Our purpose at Molson Coors Beverage Company is to brew beverages that unite people to celebrate all life's moments. We've been brewing iconic brands for over 350 years and are now proud to be offering a modern portfolio that expands beyond the beer aisle. We are Talent Brewers with our culture rooted in our...


  • Iselin, New Jersey, United States Molson Coors Full time

    Requisition ID: 30878 A Career in Beer and Beyond: Our purpose at Molson Coors Beverage Company is to brew beverages that unite people to celebrate all life's moments. We've been brewing iconic brands for over 350 years and are now proud to be offering a modern portfolio that expands beyond the beer aisle. We are Talent Brewers with our culture rooted in our...


  • Iselin, New Jersey, United States Konica Minolta Full time

    OverviewKonica Minolta currently has an exciting opportunity for an Enterprise Client Success ManagerThe Enterprise Client Success Manager (ECSM) reports directly to the Enterprise Program Manager. The ECSM will be responsible for managing the success of the specified account relationship during the term of the Master Agreement. The ECSM works closely with...


  • Iselin, New Jersey, United States Highgate Full time

    Compensation Type YearlyHighgate HotelsHighgate is a premier real estate investment and hospitality management company widely recognized as an innovator in the industry. Highgate is the dominant player in U.S. gateway markets including New York, Boston, Miami, San Francisco and Honolulu, with a rapidly expanding presence in Europe, Latin America, and the...

  • Tax Manager

    1 week ago


    Iselin, New Jersey, United States DSV Air & Sea Full time

    DSV Air & Sea Inc. Tax Manager Iselin , New Jersey Apply NowIf you are a current DSV employee and interested in a position in another country,please contact your Human Resource representative to discuss the process and requirements of applying.Job area:TaxDSV - Global transport and logisticsIn 1976, ten independent hauliers joined forces and founded DSV in...


  • Iselin, New Jersey, United States Bank of America Full time

    Job Description:The Merchant Sales Officer (MSO) manages a portfolio of clients and prospects, providing Merchant advisory and positioning and selling solutions that address their Merchant processing needs. The MSO proactively identifies opportunities to grow net new business to the firm, provides high level advisory to deepen relationships with existing...


  • Iselin, New Jersey, United States Bank of America Full time

    Job Description:The Merchant Sales Officer (MSO) manages a portfolio of clients and prospects, providing Merchant advisory and positioning and selling solutions that address their Merchant processing needs. The MSO proactively identifies opportunities to grow net new business to the firm, provides high level advisory to deepen relationships with existing...


  • Iselin, New Jersey, United States Brenntag Full time

    Stage Picture:JobTitle:Industry Market Specialist Pharma Location:South Plainfield/USA Employment Type:Employee Industry Market Specialist Pharma Our team in South Plainfield currently has an opening for a Industry Market Specialist PharmaYOUR ROLE & RESPONSIBILITIES Job Summary:To assist assigned Market Managers in their portfolio of key suppliers across...


  • Iselin, New Jersey, United States Brenntag Full time

    Stage Picture:brenntag_other_2.jpgJobTitle:Director Strategic Accounts, NutritionLocation:South Plainfield/USAEmployment Type:EmployeeDirector Strategic Accounts, NutritionOur team in South Plainfield currently has an opening for a Director Strategic Accounts, NutritionYOUR ROLE & RESPONSIBILITIESJob Summary:The DirectorStrategic Accounts, Nutrition is...


  • Iselin, New Jersey, United States EisnerAmper Full time

    Job DescriptionAt EisnerAmper, we look for individuals who welcome new ideas, encourage innovation, and are eager to make an impact. Whether you're starting out in your career or taking your next step as a seasoned professional, the EisnerAmper experience is one-of-a-kind. You can design a career you'll love from top to bottom - we give you the tools you...


  • Iselin, New Jersey, United States EisnerAmper Full time

    Job DescriptionAt EisnerAmper, we look for individuals who welcome new ideas, encourage innovation, and are eager to make an impact. Whether you're starting out in your career or taking your next step as a seasoned professional, the EisnerAmper experience is one-of-a-kind. You can design a career you'll love from top to bottom - we give you the tools you...

  • Portfolio Manager II

    2 weeks ago


    Iselin, United States Provident Bank Full time

    POSITION SUMMARY This CRE position's responsibilities include all aspects of Portfolio Management as relates to assigned portfolio loans. The primary focus will be assisting multiple Lenders with the monitoring and management of their portfolio, maintaining a small portfolio of their own and assisting with other department related assigned functions....

  • IT Portfolio Manager

    2 weeks ago


    Iselin, United States Global Channel Management Full time

    IT Portfolio Manager needs 10+ years of IT experience with a minimum of five years in a Portfolio/Program management position. IT Portfolio Manager requires: • Location Charlotte, NC, Iselin, NJ and Dallas, TX • Bachelor's degree in Management Information Systems, Computer Sciences, or related field from an accredited university or equivalent work...


  • Iselin, United States M&T Bank Full time

    Evaluate and determine the credit risks of largest, most complex and/or specialized commercial clients through detailed financial statement analysis, industry assessment, collateral valuation, cash flow analysis and the ability to repay annual debt s Portfolio Manager, Commercial, Relationship Manager, Senior, Portfolio, Manager, Banking, Business Services


  • Iselin, United States M&T Bank Full time

    Monitor and assess the credit risks of larger, more complex commercial loan portfolios and higher dollar loans through detailed financial statement analysis, industry assessment, collateral valuation, cash flow analysis and the ability to repay annua Portfolio Manager, Commercial, Relationship Manager, Portfolio, Senior, Manager, Business Services


  • Iselin, United States SIEMENS AG Full time

    Excellent analytical skills in structuring and managing debt transactions with a strong emphasis on commercial real estate transactions and a familiarity with public finance tax-exempt transactions. Healthcare industry experience a plus. Experience w Portfolio Manager, Real Estate, Healthcare, Commercial, Estate, Financial, Manufacturing


  • Iselin, United States Hexaware Technologies Full time

    Computer Programmer II (HEX464; multiple positions; full-time)Hexaware seeks Computer Programmer II to work in Iselin, NJ and various unanticipated locations throughout the US to write, update, and maintain computer programs. Review system performance and make adjustments to keep them running well. Perform and direct the update, repair or expansion of...


  • Iselin, United States Elevance Health Full time

    Anticipated End Date: 2024-06-14 Position Title: Behavioral Health Care Manager II Job Description: Location: This position will work a hybrid model (remote and office). The ideal candidate will live within 50 miles or a 1-hour commute each way of one of our Elevance Health PulsePoint locations. Hours: Monday-Friday 8:00 am -5:30 pm Eastern Standard Time The...


  • Iselin, United States Elevance Health Full time

    Anticipated End Date: 2024-06-14 Position Title: Behavioral Health Care Manager II Job Description: Location: This position will work a hybrid model (remote and office). The ideal candidate will live within 50 miles or a 1-hour commute each way of one of our Elevance Health PulsePoint locations. Hours: Monday-Friday 8:00 am -5:30 pm Eastern Standard Time The...


  • Iselin, United States Hexaware Technologies Full time

    Hexaware Technologies, Inc Data Warehousing Specialists II Iselin , New Jersey Apply Now Data Warehousing Specialist II (HEX461; multiple positions; full-time)Hexaware seeks Data Warehousing Specialists II to work in Iselin, NJ and various unanticipated locations throughout the US to design and implement scalable data solutions. Research and develop...

  • Software Tester II

    3 weeks ago


    Iselin, United States Hexaware Technologies Full time

    Software Tester II (HEX458; multiple positions; full-time)Hexaware seeks Software Tester II to work in Iselin, NJ and various unanticipated locations throughout the US to confer with clients to study, analyze, and evaluate business requirements. Define and implement test plans and schedules and requirements. Design, develop, and execute test scenarios and...


  • Iselin, United States Hexaware Technologies Full time

    Application Developer II (HEX455; multiple positions; full-time)Hexaware seeks Application Developer II to work in Iselin, NJ and various unanticipated locations throughout the US to confer with clients to identify and analyze user requirement specifications. Design and develop new or modified software systems using scientific analysis and mathematical...


  • Iselin, United States Hexaware Technologies Full time

    Data Warehousing Specialist II (HEX461; multiple positions; full-time)Hexaware seeks Data Warehousing Specialists II to work in Iselin, NJ and various unanticipated locations throughout the US to design and implement scalable data solutions. Research and develop technical patterns in Data and Analytics practices in cloud native platforms and tools. Develop...


  • Iselin, United States Hexaware Technologies Full time

    Data Warehousing Specialist II (HEX461; multiple positions; full-time)Hexaware seeks Data Warehousing Specialists II to work in Iselin, NJ and various unanticipated locations throughout the US to design and implement scalable data solutions. Research and develop technical patterns in Data and Analytics practices in cloud native platforms and tools. Develop...

  • Business Analyst Ii

    4 weeks ago


    Iselin, United States Elevance Health Full time

    Job Family: BSP > Business Support Type: Full time Date Posted: May 30, 2024 Reference: JR118426 Description **Job Description**: **Location**:Primarily work from home; will come onsite (Pulse Point) for onboarding, training, or as otherwise required by managers. **Shift**:M-F, 8:30am-5:00pm ( Any U.S time zone) **The Business Analyst II will be...

  • Business Analyst Ii

    3 days ago


    Iselin, United States Elevance Health Full time

    Job Family: BSP > Business Support Type: Full time Date Posted: May 30, 2024 Reference: JR118426 Description **Job Description**: **Location**:Primarily work from home; will come onsite (Pulse Point) for onboarding, training, or as otherwise required by managers. **Shift**:M-F, 8:30am-5:00pm ( Any U.S time zone) **The Business Analyst II will be...


  • Iselin, United States Strategic Employment Partners (SEP) Full time

    Join Our Growing Team in New Jersey!Boutique Fund Administrator located in Woodbridge Township, New Jersey is seeking a talented and motivated Fund Accountants (Supervisor and Manager) to join a newly created, growing team. You will play a vital role in servicing a growing and lucrative clientele working on an exclusive portfolio of esteemed companies....


  • Iselin, United States Provident Bank Full time

    POSITION SUMMARY Under general direction, this position is responsible for origination, evaluation and structuring of complex loan requests and transactions. Additional responsibilities will include portfolio management and cross-selling other Bank products and increasing the bank's visibility in the marketplace. MAJOR JOB RESPONSIBILITIES Solicits...


  • Iselin, United States Provident Bank Full time

    POSITION SUMMARY Under general direction, this position is responsible for origination, evaluation and structuring of complex loan requests and transactions. Additional responsibilities will include portfolio management and cross-selling other Bank products and increasing the bank's visibility in the marketplace. MAJOR JOB RESPONSIBILITIES Solicits...


  • Iselin, United States Provident Bank Full time

    POSITION SUMMARY This position plays a critical role for the ongoing management and administration of the commercial loan origination system. Primary responsibilities include but are not limited to: liaison between the Bank and the Vendor for ongoing system management and troubleshooting, collaboration with IT for system integration with other platforms...


  • Iselin, United States Citizens Full time

    Description The Relationship Manager III is the central contact person for Middle Market and Emerging Markets clients and is responsible for representing Citizens Bank well in the Community. He/she will be the Relationship quarterback and be responsible for the delivery and maintenance of a wide array of diverse bank products and services through cross-sell...