Portfolio Manager

2 weeks ago


Memphis, Tennessee, United States Independent Bank Full time

Independent Bank is seeking a skilled Portfolio Manager to join our team. As a key member of our Commercial Real Estate group, you will play a critical role in evaluating and preparing credit requests, as well as overseeing daily/monthly requirements to maintain loan compliance.

**Key Responsibilities:**

* Maintain minimal exceptions by collecting and reviewing client financial statements, completing financial covenant compliance, and providing quarterly updates and annual reviews as required for loans.

* Monitor maturities and ensure that all credits in the commercial real estate portfolio are renewed or extended in a timely manner.

* Provide underwriting for existing credit renewals or modifications, completing the full analysis of the credit and working with the relationship manager to determine risk ratings and loan structure.

* Assist the relationship manager with underwriting new loan opportunities, completing the underwriting analysis for new credits as needed.

* Monitor industry trends to identify any new or developing risks to the existing loan portfolio.

**Requirements:**

* Bachelor's degree in accounting, finance, banking, or real estate, or equivalent work experience.

* 4-6 years of prior experience in banking, real estate-related finance, or real estate.

* Strong work ethic with willingness to work outside of normal business hours when needed.

* Ability to work on-site.

**Preferred Skills:**

* Understanding of real estate terminology.

* Ability to quickly and effectively evaluate financial performance for a variety of property types.

* Knowledge of loan documentation requirements.

* Good oral and written communication skills.

If you are a motivated and detail-oriented professional with a passion for commercial real estate, we encourage you to apply for this exciting opportunity.


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