About this role
Role Overview
- Collaborating with Relationship Managers to deliver well-structured loan solutions for commercial real estate customers across the U.S.
- Preparing well-reasoned credit proposals in accordance with sound credit-granting principles and in compliance with Bank policy & procedures.
- Monitoring the performance of an assigned portfolio of customers, ensuring that all reviews / renewals of loans are reviewed / re-documented in a timely manner (as necessary).
- Analyzing and preparing lending proposals, providing loan structuring expertise and identifying opportunities to maximize penetration and returns.
- Evaluating appropriate loan structure with respect to ability to repay, collateral and ownership.
- Preparing and presenting credit applications to Credit Officers to obtain necessary credit approvals.
- Negotiating loans with clients.
- Actively managing assigned portfolio to maximize return and credit quality.
- Preparing concise, well-reasoned credit correspondence.
- Responsible for monitoring covenants of clients within assigned portfolio.
Requirements
- An undergraduate degree, preferably in finance, economics, accounting, or real estate.
- Completion of a major corporate credit training program (or equivalent experience) and prior lending authority.
- 7 or more years of underwriting and portfolio management experience, preferably in a commercial real estate lending environment for loan sizes > $15MM.
- In-depth understanding of commercial banking products, commercial real estate lending, loan structuring, legal documentation, and all supporting processes and technology.
- Deep understanding of commercial real estate (CRE) underwriting principles, including asset valuation, market risk assessment, analysis of investment property cash flows (construction, value-add, and stabilized), commercial rent rolls, commercial leases, third party reports and deal structuring across property types (multifamily, industrial, office, retail, land).
- Experience underwriting transactions for or in partnership with institutional real estate investors such as REITs, pension funds, life insurance companies, family office or private equity sponsors.
- Prior underwriting experience in home builder financing, including A&D (Acquisition & Development), vertical construction financing, and revolving credit facilities for public and private home builders, is preferred but not required.
- Assess guarantor financial strength by analyzing personal and corporate financial statements, liquidity, contingent liabilities, cash flow, and net worth to determine repayment support and mitigate credit risk.
Benefits
- Health insurance
- Tuition reimbursement
- Accident and life insurance
- Retirement savings plans