Job Description

•Perform timely financial analysis/underwriting for renewals, annual reviews, and modifications (extensions, waivers, amendments, etc.) by effectively weighing IDBNY’s credit policies and understanding of desired risk profile

•Proactively monitor the portfolio for indicators of stress/risk such as failed covenants, downward financial statement trends, payment schedule interruptions, collateral devaluation, etc.

•Keep RMs informed of any issues with credit or portfolio risk

•Identify and inform RM of cross-sell, referral and credit expansion opportunities

•Ensure thorough and on-time collection of financial statements, rent rolls, and other required reporting requirements to allow for timely completion of End of Month (EOM) reports required for portfolio management

•Support RMs in providing top client service in-line with the bank’s expected high standards

•Remain well informed on all client matters to minimize risk

•Complete the annual review of credits

•Remain fully compliant on all client matters

•Achieve all individual goals and contribute to all team goals

•Develop positive working relationships with all segments and individual bank partners

•Complete all required training timely

Conduct oneself as a true brand ambassador for the bank

Qualifications

• Portfolio Manager needs to have strong credit and organizational skills as well as solid understanding of commercial real estate credit facilities (bridge loans, term loans, construction loans, lines of credit, other commercial mortgage types, etc.) with loan sizes varying from $5MM to $50MM
• Minimum experience of 2 - 5 years in commercial loan portfolio management/underwriting or another relevant area required
• Must be able to work as part of the Middle Office team working together with Direct Manager, Account Officers and Group Manager
• Willingness to take on special projects as they arise.
• Should already be familiar with bank reports, systems and processes
• Should possess strong communication skills (verbal and written)
• Ability to work in a collaborative environment and while meeting tight deadlines
• Bachelor's degree in a related field required

Additional Information

DISCLAIMER

The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified. All personnel may be required to perform duties outside of their normal responsibilities from time to time, as needed.

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

DUE TO COVID-19, MOST OF OUR EMPLOYEES ARE WORKING REMOTELY. WE HAVE IMPLEMENTED A VIRTUAL HIRING PROCESS AND CONTINUE TO INTERVIEW APPLICANTS BY PHONE OR VIDEO AND ARE ONBOARDING NEW HIRES REMOTELY. WE VALUE THE SAFETY OF OUR EMPLOYEES BECAUSE WE’RE ALL IN THIS TOGETHER.

NO AGENCIES PLEASE.