Portfolio Manager, CRE

4 weeks ago


Los Angeles, California, United States Beneficial State Bank Full time
About the Role

We are seeking a highly skilled Portfolio Manager, CRE to join our team at Beneficial State Bank. As a key member of our Commercial Real Estate team, you will be responsible for managing the risk of assigned lending relationships, ensuring compliance with financial reporting, covenants, and accurate risk ratings.

Key Responsibilities
  • Partner with Relationship Managers to ensure accurate and timely financial reporting, covenants, and risk ratings.
  • Develop and maintain relationships with clients, ensuring excellent customer service and communication.
  • Prepare and underwrite credit memoranda in accordance with bank's credit policy, reviewing and verifying required documentation.
  • Work closely with Credit Administration to ensure timely loan processing and maintain accurate credit files.
  • Attend and participate in staff meetings, reviewing goals, objectives, and results, and providing solutions.
Requirements
  • Bachelor's degree in Finance or a related field, or equivalent work experience.
  • 5+ years of commercial, business banking, credit analyst, underwriting, and portfolio management experience.
  • Prior experience in credit analysis and/or preparation of credit memoranda for loan approvals.
  • Computer literacy in Microsoft Office applications.
  • Experience in Credit Quest, Moody's, or Bukers is preferred.
What We Offer
  • A comprehensive benefits package, including medical, dental, vision, basic life, STD, LTD, and 401(k) or ROTH.
  • 2-4 weeks of vacation days, 12 sick days, and 11 holidays per year.
  • Paid volunteer time and annual match of qualifying employee donations.
  • Paid sabbatical program after 5 years of service.

We are an equal opportunity employer and welcome applications from all qualified candidates. Please visit our website for detailed information about our benefits and application process.



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