Portfolio Manager – Construction Lending

Location: Novato, CA Or Oakland, CA

We are working with a well-established Northern California community bank seeking a Construction Portfolio Manager to join its commercial lending team.

This individual will be responsible for underwriting and managing a portfolio of construction and commercial real estate loans, with a particular focus on residential development, speculative construction, and multifamily projects.

The position offers the opportunity to work closely with an experienced construction lending team while taking an active role in credit analysis, loan structuring, portfolio management, and construction project oversight.

Responsibilities

• Underwrite construction and commercial real estate loans, evaluating project feasibility, repayment capacity, collateral, and overall credit risk.

• Prepare credit presentations and recommend appropriate loan structures.

• Manage an existing portfolio of construction loans, monitoring project progress, loan performance, and covenant compliance.

• Review construction budgets, inspections, draw requests, and cost-to-complete requirements.

• Work directly with borrowers, developers, title companies, and internal lending teams.

• Identify potential credit issues and recommend solutions to mitigate risk.

• Support relationship management and new lending opportunities.

Qualifications

• Experience in commercial banking, construction lending, or commercial real estate credit.

• Strong understanding of construction loan underwriting, credit analysis, and risk management.

• Experience with residential construction, multifamily development, or construction-to-permanent financing preferred.

• Familiarity with construction budgets, draws, inspections, and project monitoring.

• Strong analytical, communication, and organizational skills.

• Ability to work independently while contributing to a collaborative lending team.

Compensation & Opportunity

Base salary depends on experience, plus incentive compensation.

The organization offers competitive benefits, a collaborative work environment, and opportunities for professional growth within an established commercial lending platform.