Commercial Portfolio Manager

3 weeks ago


Milwaukee, Wisconsin, United States Lauber Business Partners Full time
Job Overview

We are seeking a highly skilled Commercial Portfolio Manager to join our team at Lauber Business Partners. As a key member of our organization, you will be responsible for managing and servicing our commercial loan portfolio.

Responsibilities:

  • Manage the disbursement process with clients, escrow agents, and internal approvals while complying with loan documentation and adhering to company policy.
  • Review construction status, draw submittals, construction budget, inspection reports, and title updates to provide written approval requests to the Director and CIO.
  • Identify out-of-balance budgets and provide details for recommendation to request additional equity to the project if necessary.
  • Monthly construction reporting update of each asset.

Requirements:

  • A minimum of 2-3 years of experience in a commercial real estate or loan servicing manager role, preferably with Commercial Loan asset-backed securitizations experience.
  • A proactive mindset with the ability to anticipate and solve potential problems before they occur.
  • Experience in servicing or lending capacity performing similar functions, including delinquencies, collections, workouts, and foreclosures.
  • Strong attention to detail and the ability to juggle multiple tasks independently.
  • Bachelor's Degree and relevant experience preferred, but will consider applicants without a degree and 5 years of relevant experience.
  • Proficiency in MS Excel, MS Word, MS PowerPoint, and cloud systems.

The estimated salary for this position is around $80,000-$110,000 per year, depending on experience and qualifications. If you have the skills and expertise to excel in this role, please submit your application.



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