Careers

Portfolio Manager

• Prepare and submit timely annual credit reviews and risk rating evaluations of existing loans.
• Manage a $400 million loan portfolio, while developing a relationship with each borrower.
• Grow the existing loan portfolio by specified budgeted amounts annually
• Retain existing borrowers in the loan portfolio by actively preventing loan attrition
• Review financial statements, tax returns, rent rolls and cash flow projections
• Underwrite all loan and rate modifications requests
• Underwrite loan extension and renewal requests.
• Read and understand loan documents and implement corrective actions if borrowers are not in compliance with covenants, including implementing the default rate of interest for any non compliance as warranted.
• Prepare loan monitoring reports for each loan on a regular schedule to review overall asset quality, including performance against original underwriting expectations.
• Conduct site visits as necessary and prepare site visit reports for loans in the portfolio in accordance with lending procedures.
• Provide information for monthly loan monitoring reports.

• Ability to underwrite commercial real estate loans,  multi-family and mixed- use loans, small business loans, non profit loans as well as loans to houses of worship
• In-depth knowledge of credit quality and credit analysis
• Proficient in analyzing financial statements of commercial real estate, multi-family and business operations
• Strong underwriting skills and ability to independently resolve complex credit issues and analyze credit risks
• Ability to interact with borrowers, attorneys, accountants, appraisers and any other external professionals as required
• Strong verbal and written communication skills, relationship management, and business development skills, working with both private sector financial institutions and public agencies
• Familiar with federal, state, and local government funding sources for capital and operating needs of multi-family housing, commercial real estate

• College Degree with an equivalent of 5-8 years of experience in underwriting and analyzing commercial real estate and business loans
• Well developed analytical and problem solving skills
• Strong organizational skills
• Strong verbal and written skills
• Knowledge of bank products and services
• Strong knowledge of Microsoft Office products