Portfolio Manager/Underwriter - Commercial Real Estate
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Job Description
Portfolio Manager/Underwriter - Commercial Real Estate The Portfolio Manager/Underwriter - Commercial Real Estate is responsible for underwriting, reviewing, and monitoring an assigned portfolio of multifamily and commercial real estate term loans to ensure compliance with loan documents and Bank policy and procedures. Responsibilities Responsible and accountable for credit underwriting for existing customers including renewals, modifications, and annual reviews. Order and/or perform property inspections and/or valuation updates on real estate collateral per Bank policy.
Monitor credit risk by periodically evaluating financial trends, credit bureau reports, pay habits, covenant compliance and other sources of information of the borrower and guarantor(s); report any adverse situations and make appropriate recommendations. Collect, spread and analyze updated financial information in accordance with reporting requirements. Ensure loan risk grades are accurate and justified.
Manage financial and covenant tickler system and ensure credit files are up to date. Collaborate with Relationship Managers, Loan Servicing