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Portfolio Manager

2 months ago


Los Angeles, California, United States IDB Full time
Job Summary

We are seeking a highly skilled Portfolio Manager to join our team at IDB Bank. As a Portfolio Manager, you will be responsible for managing a portfolio of commercial real estate loans, ensuring timely financial analysis and underwriting, and identifying potential risks and opportunities.

Key Responsibilities
  • Financial Analysis and Underwriting: Perform timely financial analysis and underwriting for renewals, annual reviews, and modifications, ensuring compliance with IDB Bank's credit policies and risk profile.
  • Portfolio Monitoring: Proactively monitor the portfolio for indicators of stress or risk, such as failed covenants, downward financial statement trends, payment schedule interruptions, and collateral devaluation.
  • Risk Management: Identify and inform Risk Managers of any issues with credit or portfolio risk, ensuring timely mitigation and resolution.
  • Cross-Sell and Referral Opportunities: Identify and inform Risk Managers of cross-sell, referral, and credit expansion opportunities, driving business growth and revenue.
  • Reporting and Compliance: Ensure thorough and on-time collection of financial statements, rent rolls, and other required reporting requirements, allowing for timely completion of End of Month (EOM) reports.
  • Client Service: Support Risk Managers in providing top client service, including direct contact with clients and prospects, in-line with IDB Bank's expected high standards.
  • Accommodations and Compliance: Ensure full compliance with all client matters, including accommodations for employees with disabilities, pregnancy, or other protected categories.
Requirements
  • Commercial Real Estate Experience: Minimum 2-5 years of experience in commercial loan portfolio management, underwriting, or a related area, with a strong understanding of commercial real estate credit facilities.
  • Credit and Organizational Skills: Strong credit and organizational skills, with the ability to work as part of a team and meet tight deadlines.
  • Communication and Collaboration: Excellent communication and collaboration skills, with the ability to work with Risk Managers, Account Officers, and Group Managers.
  • Education and Certifications: Bachelor's degree in a related field, with relevant certifications or training in commercial real estate, credit analysis, or a related field.
Compensation and Benefits

IDB Bank offers a comprehensive benefits package, including a competitive salary, annual bonus, medical, pharmacy, dental, and vision plans, life and disability insurance, employee wellness program, retirement and savings plans, generous holiday and paid time off schedules, parental leave, and tuition reimbursement.