Commercial Real Estate Portfolio Manager
Posted on: August 7, 2022
The Portfolio Manager position is responsible for prudent
underwriting and effective credit and risk administration with
particular emphasis on adherence to credit policy and requirements,
financial analysis/modeling, risk evaluation, on-going portfolio
maintenance activities, and client support for an assigned
portfolio of existing credits and prospects primarily of moderate
to medium complexity, with some having higher complexity.
--- Ensure the overall portfolio performance and asset quality
remains strong and when necessary surfaces issues, proposes and
collaborates with others on strategies and actions to limit risk
and loss to the Bank.
--- Monitor the performance of existing borrowers within assigned
portfolio and ensure compliance with financial covenants.
--- Assist the Relationship Manager in structuring more advanced
credit transactions, developing proposal letters, TOSs, term sheets
and commitment letters. They will take the lead on the internal
credit process for obtaining approvals of credit proposals.
--- Ensures loan agreement is in accordance with approval
documents. Identifies potential issues contained within loan
documentation and takes steps to address the issues, in
consultation with RM. Key voice with the interaction of the client
in closing transactions.
--- Manages compliance and control routines related to the credits
contained in the assigned portfolio.
--- Independently applies the conditions of credit decision to the
different types of credits contained within the portfolio to ensure
that all monitoring and tracking requirements are met and that all
documentation is up-to-date per policy.
--- 4+ years of commercial credit experience primarily in
Commercial Real Estate.
--- Exhibited competency in financial analysis and credit
structuring, understanding and applying credit policy and credit
monitoring and risk administration practices
--- Prior portfolio management experience to include proposing
credit and covenant structures and documenting loans.
--- Commercial Real Estate experience -debt, equity or development
-experience is preferred. Equivalent work experience may be
considered as alternative to formal degree program completion.
--- Capable of interpreting and detecting issues with property,
guarantor and sponsor financial performance and can put them into
the context of the client's history articulating possible impacts
of such changes to the risk profile of the credit.
--- Strong verbal and written communications and interpersonal
--- Independently follows up with borrowers to address missing
financial information or to resolve covenant violations on a timely
--- Strong ability to engage with customers directly and may
accompany RM on client visits or attend client meetings.
--- Competency with critical and analytical thinking and is able to
identify connections between issues and actions needed to resolve
issues for credits contained within the portfolio to ensure
continued compliance with credit and risk policies and
--- Perform the functions of the position with only periodic
oversight and is expected to perform with minimal supervisory
Hours and Work Schedule
Hours per Week: 40
Work Schedule: Monday - Friday
Why Work for Us
At Citizens, you'll find a customer-centric culture built around
helping our customers and giving back to our local communities.
When you join our team, you are part of a supportive and
collaborative workforce, with access to training and tools to
accelerate your potential and maximize your career growth.
Equal Employment Opportunity
Citizens, its parent, subsidiaries, and related companies provide
equal employment and advancement opportunities to all colleagues
and applicants for employment without regard to age, ancestry,
color, citizenship, physical or mental disability or perceived
disability, ethnicity, gender, gender identity or expression,
genetic information, genetic characteristic, marital or domestic
partner status, victim of domestic violence, family
status/parenthood, medical condition, military or veteran status,
national origin, pregnancy/childbirth/lactation, colleague's or a
dependent's reproductive health decision making, race, religion,
sex, sexual orientation, or any other category protected by
federal, state and/or local laws.
Equal Employment and Opportunity Employer/Disabled/Veteran
Citizens is a brand name of Citizens Bank, N.A. and each of its
Keywords: Citizens, Providence , Commercial Real Estate Portfolio Manager, Executive , Pascoag, Rhode Island
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