Commercial Portfolio Manager

4 weeks ago

New York, New York, United States Amalgamated Bank of NY Full time
Job Summary

The Commercial Portfolio Manager III is a key member of our team, responsible for managing existing loan relationships in collaboration with a Commercial Banker. This role requires a proactive banker with strong credit acumen, excellent communication skills, and the ability to effectively prioritize multiple requests and meet tight deadlines.

Key Responsibilities
  • Provide ongoing daily management of a growing portfolio of loan relationships and promptly respond to incoming requests/inquiries from borrowers.
  • Prepare and present credit approval memoranda for approval following bank policy guidelines.
  • Request information from borrowers when due, analyze financial statements, structure and underwrite new credit requests such as loan modifications and renewals.
  • Negotiate rates, fees, and terms with clients that meet Bank ROE guidelines.
  • Work directly with bank's counsel to help prepare loan documentation for borrower to execute.
  • Manage assigned loan portfolio within bank policy and customer service standards.
  • Communicate effectively about bank products to customers.
  • Address issues and provide solutions for existing borrowers.
  • Review financial statements on an ongoing basis for covenant compliance.
  • Monitor monthly borrowing base certificates and confirm availability.
  • Organize and maintain credit files.
  • Prepare and present reports for internal meetings (i.e. loan quality meetings).
  • Prepare responses for information requests from internal and external auditors.
  • Direct loan payments and reserve account distributions per payment waterfall schedules in loan agreements.
  • Identify and report problem accounts in a timely manner.
  • Monitor changes in borrower risk and recommend appropriate upgrades/downgrades.
Leadership and Management
  • Proactively manage loan relationships by setting appropriate client expectations and meeting deadlines.
  • Proactively keep management, commercial bankers and other team members informed on the progress with client requests and other deliverables.
  • Demonstrate ability and capacity to manage junior team members.
  • Support efforts of other team members.
  • Provide input to supervisor on policies and procedures.
  • Recommend ways to improve the organization.
Requirements
  • Bachelor's degree in Business Administration, Finance or Accounting or equivalent experience.
  • 3-5 years prior relevant experience in commercial credit analysis/underwriting/portfolio management.
  • Formal credit training and minimum of five (5) years of underwriting and account management experience within a commercial banking lending environment.
  • Demonstrated knowledge of loan structures and treasury products.
  • Ability to analyze financial statements and understand critical lending/financial ratios.
  • Excellent negotiation skills.
  • Sufficient knowledge of Federal and State banking regulations (including but not limited to BSA, OFAC, Reg B, Reg O, Reg Z, and Reg BB) and Bank Policies pertinent to performance of duties to avoid regulatory violations.
  • Highly proficient in MS Excel, including financial analysis and modeling.
Preferred Qualifications
  • Speaks clearly and effectively, is thoughtful, persuasive; writes clearly and informatively; varies writing style to meet client needs.
  • Understands business implications of decisions; displays orientation to profitability; demonstrates knowledge of market and competition; aligns work with strategic goals and performance objectives.
  • Exhibits sound and accurate judgment; can clearly explain reasoning for decisions; includes appropriate people in decision-making process; demonstrates persistence and overcomes obstacles; takes calculated risks within bank tolerance to accomplish goals.
  • Reacts well under pressure; treats others with respect and consideration; accepts responsibility for own actions; follows through on commitments, able to present concise arguments, can disagree and accept disagreement without undue emotion or resorting to personal attacks.
  • Identifies and resolves problems in a timely manner; works with others to solve complex issues.
  • Responds efficiently and cordially to requests for service and assistance within bank customer service standards; meets commitments.
  • Completes tasks on time; takes responsibility for own actions; detail oriented; ability to prioritize effectively and meet deadlines; can be relied upon.
  • Promotes team goals over individual accomplishment; provides assistance and guidance to other team members; participates in team activities.

  • Portfolio Manager Associate

    3 weeks ago

    New York, New York, United States ReadyCap Commercial LLC Full time

    Job SummaryAs a Portfolio Manager Associate at ReadyCap Commercial LLC, you will oversee and manage an existing portfolio of commercial real estate loans. This role involves working directly with Credit and Underwriters to review loan requests, analyze financial data, and ensure timely customer responses.Key Responsibilities:Perform underwriting analysis to...

  • Portfolio Management Analyst

    4 weeks ago

    New York, New York, United States ReadyCap Commercial LLC Full time

    Job SummaryTo manage and oversee an existing portfolio of commercial real estate loans, ensuring timely and accurate analysis and decision-making. This role will work closely with credit and underwriting teams to review loan requests, analyze financial data, and provide management reports on portfolio performance.Key ResponsibilitiesSupport underwriting...

  • Commercial Portfolio Manager

    4 weeks ago

    New York, New York, United States Amalgamated Bank Full time

    Job SummaryThe Commercial Portfolio Manager III is responsible for managing existing loan relationships in collaboration with a Commercial Banker. This role requires a proactive banker with strong credit acumen, excellent communication skills, and adroit customer relationship management.Key ResponsibilitiesProvide ongoing daily management of a growing...

  • Commercial Portfolio Manager

    3 weeks ago

    New York, New York, United States Amalgamated Bank of NY Full time

    Job SummaryThe Commercial Portfolio Manager III is responsible for managing existing loan relationships in collaboration with a Commercial Banker. This role requires a proactive banker with strong credit acumen, excellent communication skills, and the ability to effectively prioritize multiple requests and meet tight deadlines.Key ResponsibilitiesPortfolio...

  • Senior Portfolio Manager for Commercial Credit

    3 weeks ago

    New York, New York, United States M&T Bank Full time

    Job SummaryAs a Senior Portfolio Manager for Commercial Credit at M&T Bank, you will be responsible for evaluating and determining the credit risks of largest, most complex and/or specialized commercial clients through detailed financial statement analysis, industry assessment, collateral valuation, cash flow analysis and the ability to repay annual debt...

  • Portfolio Manager

    3 weeks ago

    New York, New York, United States BHI Full time

    Job SummaryWe are seeking a highly skilled Portfolio Manager to join our Commercial Real Estate team at BHI. The successful candidate will be responsible for managing and overseeing a portfolio of commercial real estate loans, ensuring timely monitoring and compliance with all loan agreements.Main Duties and ResponsibilitiesManage and oversee loan portfolio...

  • Senior Portfolio Manager for Commercial Credit

    3 weeks ago

    New York, New York, United States M&T Bank Full time

    Job DescriptionEvaluate and determine the credit risks of large, complex, and specialized commercial clients through detailed financial statement analysis, industry assessment, collateral valuation, cash flow analysis, and the ability to repay annual debt service.Manage the ongoing credit risk of existing loan portfolios through continuous credit monitoring...

  • Senior Portfolio Manager, Commercial and Industrial Lending

    4 weeks ago

    New York, New York, United States BHI Full time

    Job SummaryBHI is seeking a highly skilled Portfolio Manager to join our team in New York. As a key member of our Commercial and Industrial Lending team, you will be responsible for managing a portfolio of loans and working closely with our Credit Analysis Unit and Relationship Managers to ensure the health and growth of our clients' businesses.Key...

  • Portfolio Management Officer

    4 weeks ago

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

    Job SummaryThe 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...

  • Portfolio Manager

    4 weeks ago

    New York, New York, United States Cushman & Wakefield National Full time

    Job Title: Portfolio ManagerAs a Portfolio Manager at Cushman & Wakefield National, you will be responsible for overseeing the management of a national property portfolio in the USA, comprising around 70 sites, on behalf of an international financial services client.You will be part of a global team servicing the client and will report to an Account Manager...

  • VP - Portfolio Manager, Commercial and Industrial Lending Expert

    4 weeks ago

    New York, New York, United States BHI Full time

    Job SummaryBHI seeks a seasoned Portfolio Manager to lead the Commercial and Industrial Lending team. The ideal candidate will have a strong background in credit analysis, financial modeling, and portfolio management.Key ResponsibilitiesUnderwrite new and existing credits, including renewals and annual reviews, and prepare credit application memos in...

  • Portfolio Management Officer

    3 weeks ago

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

    Job Summary:The Portfolio Officer will be responsible for managing a portfolio of commercial real estate loans, multi-family and mixed-use loans, small business loans, non-profit loans, and loans to houses of worship. The ideal candidate will have a strong analytical and problem-solving skills, with the ability to underwrite and analyze commercial real...

  • VP - Portfolio Manager, Commercial and Industrial Lending Specialist

    3 weeks ago

    New York, New York, United States BHI Full time

    Job SummaryWe are seeking a highly skilled Portfolio Manager to join our team at BHI. The successful candidate will be responsible for managing a portfolio of commercial and industrial lending transactions, ensuring the health and growth of our clients' businesses.Key ResponsibilitiesUnderwrite new and existing credits, including renewals, amendments, and...

  • Asset Management Director

    3 weeks ago

    New York, New York, United States ReadyCap Commercial LLC Full time

    Job Title: Asset Management DirectorJob Summary:ReadyCap Commercial LLC is seeking a highly skilled Asset Management Director to join our team. As a senior member of our surveillance/asset management team, you will oversee and manage a portfolio of commercial real estate loans in a dynamic, fast-paced environment.Key Responsibilities:- Utilize independent...

  • Commercial Insurance Portfolio Manager

    3 weeks ago

    New York, New York, United States Jobot Full time

    Job OverviewWe are seeking a highly skilled Commercial Insurance Account Manager to join our team at Jobot. As a key member of our commercial lines team, you will be responsible for managing and growing our general book of commercial lines business, ensuring client satisfaction and retention.Key ResponsibilitiesDevelop and maintain strong client...

  • Senior Portfolio Manager

    3 weeks ago

    New York, New York, United States CBRE Full time

    About the Role:We are seeking a skilled Portfolio Management Sr. Analyst to join our team at CBRE. As a key member of our portfolio management function, you will assist Portfolio Managers with managing medium to large accounts and fund portfolios.Key Responsibilities:Assist in executing due diligence of complex transactions and monitoring investments.Provide...

  • Portfolio Manager I

    3 weeks ago

    New York, New York, United States Fifth Third Full time

    Portfolio Manager I Job DescriptionAt Fifth Third Bank, we are seeking a highly skilled Portfolio Manager I to join our team. As a key member of our coverage team, you will be responsible for managing transactions and business portfolio tasks. Your expertise in financial and risk analysis, including financial modeling, will be essential in making...

  • Portfolio Manager I

    3 weeks ago

    New York, New York, United States Fifth Third Bank, N.A. Full time

    Job Summary:We are seeking a highly skilled Portfolio Manager to join our team at Fifth Third Bank, N.A. The successful candidate will be responsible for managing a portfolio of accounts, reviewing and recommending credit decisions, and partnering with the Relationship Manager to form the "coverage team."Key Responsibilities: Manage a portfolio of accounts,...

  • CMBS and ABS Portfolio Manager

    4 weeks ago

    New York, New York, United States American Century Investment Services, Inc. Full time

    Job SummaryWe are seeking a skilled Portfolio Manager to join our team at American Century Investments. The successful candidate will be responsible for trading, oversight, and management of the Commercial Mortgage-Backed Securities (CMBS) and Asset Backed Securities portfolios.The ideal candidate will have 7-10 years of experience as a Portfolio Manager and...

  • Special Assets Portfolio Manager

    3 weeks ago

    New York, New York, United States Flagstar Bank Full time

    Job Summary: The Special Assets Team Lead at Flagstar Bank is responsible for managing a portfolio of classified commercial and industrial loans, as well as commercial real estate and multifamily loans. This role involves developing and implementing workout strategies to preserve principal and minimize charge-offs, in accordance with Bank policies and...