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BankPlus · 14 hours ago

Commercial Real Estate Portfolio Manager I - Mobile, AL

Mobile, AL, USA

Full-time

Onsite

Entry, Mid Level

2+ years exp

BankPlus is a financial institution focused on adding value for employees, customers, and shareholders. The Commercial Real Estate Portfolio Manager I is responsible for evaluating and preparing commercial real estate loan packages, working closely with lenders and credit officers to meet client and bank expectations.

BankingFinancial ServicesVenture Capital

Responsibilities

The Commercial Real Estate Portfolio Manager I will learn to underwrite loan requests which include new loans, amendments, extensions, modifications and renewals

Works with lender to analyze financial information and produce a cash flow worksheet

Responsible for performing and reviewing financial analyses

Analyze financial statements, industry and market data and prepare credit approval package that clearly outlines and expresses an independent opinion on key considerations in the credit decision

Orders financial spreads, global cash flow analysis, appraisals, evaluations, and environmentals

Work with Lender in evaluating the general contractor and property management company, if applicable

Along with lender, review draw requests, title endorsements and coordinates property inspection and certification of draw by an independent inspector

Responsible for working with lender and customer, including accompanying lender with customer calls and collect financial information

Track and resolve document exceptions related to closing and all ongoing exceptions

Test project performance against original underwriting and appraisal projections upon receipt of required reporting information

Perform annual, quarterly, or more frequent reviews to assess project performance via covenant testing, if applicable, and risks associated with the project, borrower, and guarantors

Work with CRE Lenders in obtaining and reviewing construction loan documentation in relation to Borrower draw requests

Pull credit reports

Works with lender to produce term sheets and commitment letters

Works with lender in entering information in nCino and submitting loan packages for approval

Gather all appropriate documentation such as Leases, other special conditions, etc

Review all loan documents prior to and post-closing to ensure accuracy and completion in accordance with loan approval

Remain informed of current economic and legislation conditions

Serve in civic, community and industry related activities, as needed

Remain current on FDIC, OCC, and State Banking Regulations

Maintains a thorough knowledge of Bank products, services, policies, procedures and appropriate regulatory issues as related to daily job functions, including but not limited to: Bank Secrecy Act; Privacy Act; Fair Lending Act; Regulation E, etc. Completes required compliance training and adheres to the Bank’s standard of conduct

Participates in the bank’s High-Performance Rewards Connections program

Makes referrals to the Mortgage Center and Wealth Management

Performs other duties as requested

Qualification

Credit analysisCommercial lending knowledgeFinancial statement analysisMicrosoft Office SuiteFinancial ratios calculationCommunication skillsAttention to detail

Required

Bachelor's degree in Business Administration, Finance, Accounting or a closely related field

Minimum 2 years' credit analysis experience and working with CRE Underwriters and Lenders or a Master's degree in Business Administration, Finance, Accounting or a closely related field

Experience assisting CRE Lenders with high dollar credit amounts

Knowledge of commercial and retail lending services, documentation, underwriting, regulatory guidelines, financial ratios, credit analysis, and lending duties is required

Able to interpret and analyze personal and business tax returns/financial statements

Ability to calculate complicated financial ratios and apply accordingly

Excellent communication skills both orally and in writing, read, analyze, and interpret general business periodicals, professional journals, technical procedures or governmental regulations

Ability to write reports and business correspondence

General computer and typing experience with Microsoft Office Suite, to include Excel, Word, and Outlook

Must possess attention to detail

Work outside of regular business hours, as deemed necessary

Ability to handle multiple tasks with daily deadlines