Portfolio Management Officer

4 weeks ago


New York, New York, United States Carver Federal Savings Bank Full time
Job Summary

The Portfolio Officer is responsible for overseeing the management of a diverse portfolio of commercial real estate loans, multi-family and mixed-use loans, small business loans, non-profit loans, and loans to houses of worship. This role requires a strong analytical mind and excellent communication skills to effectively manage relationships with borrowers and external professionals.

Key Responsibilities
  • Prepare and submit timely annual credit reviews and risk rating evaluations of existing loans.
  • Manage a loan portfolio, developing relationships with each borrower and growing the portfolio through specified budgeted amounts annually.
  • Retain existing borrowers in the loan portfolio by actively preventing loan attrition.
  • Review financial statements, tax returns, rent rolls, and cash flow projections to ensure compliance with loan covenants.
  • Underwrite all loan and rate modification requests, as well as loan extension and renewal requests.
Requirements
  • College degree with an equivalent of 5-8 years of experience in underwriting and analyzing commercial real estate and business loans.
  • Strong analytical and problem-solving skills, with the ability to independently resolve complex credit issues and analyze credit risks.
  • Excellent verbal and written communication skills, with the ability to interact with borrowers, attorneys, accountants, appraisers, and other external professionals.
  • Familiarity with federal, state, and local government funding sources for capital and operating needs of multi-family housing, commercial real estate.


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