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Relationship Manager

2 months ago


New York, New York, United States IDB Full time
Job Description

Israel Discount Bank (IDB) is seeking a highly motivated and experienced Associate Relationship Manager to join its NY Commercial Real Estate Group. This is a hybrid position that combines both Senior Analyst and Junior Relationship Manager functions.

Key Responsibilities:
  • Manage a lending and deposit portfolio of existing CRE banking clients, including reviewing lending transactions, loan documentation, and other reports related to CRE transactions.
  • Act as the primary Bank contact for clients, overseeing the portfolio and development of existing relationships, including loans and accounts.
  • Participate in business development efforts, including presenting to Senior Management new and modification approvals and portfolio updates.
  • Partner with more senior CRE Relationship Managers on larger, more complicated transactions, and develop senior RM skills.
Requirements:
  • Bachelor's degree in finance, economics, real estate, accounting, or related subjects.
  • Minimum 3-7 years of experience in commercial real estate lending or investment.
  • Strong analytical and computer skills, with a thorough knowledge of Excel and the ability to perform cash flow analyses and create financial models.
  • Desire to work at a high level, learn, take ownership of assigned tasks, and work extended hours as necessary.
  • Highly motivated, quick learner, with strong interpersonal, written, and verbal communication skills.
Compensation:

The expected annual salary for this position is between $100,000 and $140,000 at the start of employment. A salary offer is determined on an individualized basis, taking into consideration factors such as an individual's skills and experience. In addition to base salary, our total rewards package includes eligibility for an annual bonus, medical, pharmacy, dental, and vision plans, life and disability insurance, employee wellness program, retirement and savings plans with employer contributions, generous holiday and paid time off schedules, parental leave, and tuition reimbursement.

IDB Bank is an equal opportunity employer and welcomes applications from diverse candidates. We are committed to creating an inclusive and respectful work environment that values diversity and promotes equal opportunities for all employees and applicants.