Job Information
Raymond James Financial, Inc. Portfolio Manager - CRE Credit Risk in Cleveland, Ohio
Description
Job Title: Portfolio Manager Risk – Commercial Real Estate
Department: Credit CRE
Location: Pittsburgh, PA, Cleveland, OH and Philadelphia, PA
Summary of the Position:
TriState Capital Bank is an independent chartered bank subsidiary of Raymond James. Headquartered in Pittsburgh, PA, TriState Capital Bank provides premier private banking, commercial banking, and treasury management products and services to corporate, institutional, and high-net-worth (HNW) clients.
The Commercial Real Estate (CRE) Credit Risk Portfolio Manager assists the relationship managers with the ongoing administration of loan portfolios and the underwriting of existing relationships (renewals) to ensure the Bank maintains high credit quality and to provide more time for the relationship managers to generate new business opportunities.
Primary Functions of the Position:
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- ** Prepares the following for Senior Management:_
o Credit Approval Request (CAR) to Senior Loan Committee
o Modifications
o Covenant Waivers/Amendments
o Periodic Reviews
o Assessment of Real Estate Sponsorship
o Special Asset Reports
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- ** Manages / monitors assigned portfolio for:_
o Loan Performance
o Accurate and Timely Risk Rating
o Required Financial Reporting
o Covenant Compliance
o Payment Delinquencies
o Overdrafts
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- ** Ensures compliance with the Bank’s credit policies and procedures, identifying exceptions for approval as they occur._
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- ** Ensures the set-up of credit facilities on Baker Hill and other internal systems is consistent with the reporting requirements and covenants contained in the loan documents._
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- ** Review and update with the market and senior management construction monitoring, leasing status and upcoming loan maturities._
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- ** Monthly construction monitoring._
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- ** Ensures the timely spreading of financial statements provided by clients._
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- ** Review of loan documents and third-party reports related to CRE._
**_
- ** Conducts site inspections as needed._
Qualifications
Bachelor’s Degree in Finance, Accounting, or related field preferred
Minimum of 3-5 years of credit analysis and underwriting experience
Completion of a bank commercial credit training program and experience analyzing commercial / residential real estate projects (income producing properties including retail, office, industrial and multi-family; land acquisition and development loans, and construction loans) preferred
Essential Skills and Abilities:
Demonstrated knowledge of investment commercial real estate finance for multiple loan and property types
Excellent organization skills, attention to detail and the ability to work in a fast-paced environment and complete assignments in a timely manner with minimal direction
Strong written and verbal communication skills
Strong presentation skills
Ability to work independently and within a team
Proficient in various spreadsheet and word processing applications, including the use of graphs and charts
Job: Banking
Primary Location: US-OH-Cleveland-Cleveland
Other Locations: US-PA-Pittsburgh-Pittsburgh, US-PA-Villanova-Villanova
Organization TriState Capital Bank
Schedule Full-time
Job Shift Day Job
Travel No
Req ID: 2403623
Raymond James Financial, Inc.
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