Job Description

o   Manage a loan portfolio, including:

o   Past due loan monitoring and collection;

o   Maturing loan management;

o   Loan covenant monitoring and enforcement;

o   Preparation of annual reviews, including site inspections, for each term loan;

o   Outstanding document and financial reporting monitoring and collection;

o   Collateral adequacy monitoring and internal reporting;

o   Preparation of criticized loan memoranda;

o   Interface in a courteous, efficient and professional manner with other areas of the bank that support loan and deposit gathering and management, including:

o   NY Real Estate personnel

o   Credit Risk Management

o   Executive officers, particularly the Chief Lending Officer

o   Loan Operations Department

o   Credit Administration Department

o   Deposit Operations Department

o   Cash Management Department

o   Compliance Department

o  Adherence to Compliance matters, including:

o   Completion of all Compliance testing in a timely manner

o   Particularly strong KYC skills

·         Directly underwrite new loan opportunities and modifications of existing loans, including:

o   Prepare internal memoranda and associated analyses;

o   Interface with Credit Risk Management, Compliance, Credit Administration and senior lending personnel to effect efficient processing of new loan underwriting;

o   Prepare CRE lending packages for presentation, including appropriate research and analysis, stress testing, spreads, etc.;

o   Present loan recommendations to the bank’s Credit Committee.

o    Close approved loans, including:

o   Interface with bank counsel to prepare loan documents which accurately reflect the terms contained in the approved loan underwritings;

o   Knowledge of real estate loan documents and ability to explain all aspects of documents to Borrower;

o   Interface with the bank’s Due Diligence department as needed to affect consummation of the third-party consultant reports (e.g. appraisal, environmental assessment, property condition assessment, etc.);

o   Interface with the lending area’s administrative officer to facilitate the following on the date of closing;

§  Closing related memoranda/approvals;

§  Loan boarding;

§  Application fee reconciliation;

·         Source new customer relationship opportunities, including;

o   New loans;

o   New deposits;

o   Cross selling bank services and non-credit products, including:

§  Treasury products (e.g. swaps and caps);

§  Cash Management;

§  Private Banking;

§  Wealth Management investment products.

·         Analyze new loan opportunities, including:

o   Collateral property financial modeling;

o   Collateral property inspection;

o   Sponsor evaluation;

o   Guarantor financial strength and universal cash flow evaluation;

o   Preparation of Opportunity Memoranda;

o   Term sheet preparation and negotiation;

o   Ability to present proposals to clients.

Qualifications

·         5 to 10 years commercial real estate lending experience, preferably on a commercial bank platform;

·         Experience with financing term, bridge, line and rehab construction opportunities secured by CRE;

·         Proficiency in the Microsoft Office software suite and Salesforce, Rims and Fiserv,

·         Strong verbal and written communication skills;

·         Demonstrated ability to work in a team environment and contribute to internal leverage;

·         Occasional travel required;

·         Capacity to work independently and with motivation to achieve goals with minimum supervision;

·         Responsiveness, judgment, maturity, integrity and time management skills are required.

·         Minimum Four year college degree, BA or MBA

Additional Information

All your information will be kept confidential according to EEO guidelines.

NO AGENCIES PLEASE