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Form of workFirst Citizens Commercial Real Estate originates and underwrites senior secured Real Estate transactions. With deep market expertise, underwriting experience and industry relationships, the unit provides financing for single properties, property portfolios and loan portfolios.
This Porfolio Manager III supports the ongoing financial and credit quality assessment needs of a mature portfolio in a selected market. Manages, services, and develops Real Estate Finance relationships in an assigned area through prescribed servicing and sales processes. Identifies client needs and recommends a product or service solution, making referrals to banking partners as appropriate. Builds strong relationships with clients in accordance with the Bank's core values, providing value for the client while maximizing sales revenue.
Responsibilities
- Portfolio Management - Monitors portfolio for completeness of documentation, accuracy of credit grading, and potential exposures. Processes line renewals and new requests as per loan approval servicing requirements. Performs other tasks related to the servicing and management of assigned portfolio.
- Client Service - Maintains ongoing communication and contact with assigned CEF loan clients. Fortifies relationships and monitors client satisfaction. Conducts a needs assessment session at least once a year to identify additional banking or financial needs.
- Collections - Monitors loans for payment status. Works with delinquent clients to collect past due payments.
The base pay for this position is relative to your experience but the range is generally $100,000 to $120,000 per year. This position is eligible for variable compensation, which may be in the form of incentive, bonus, or commission pay. First Citizens offers a competitive, comprehensive benefits program which you can review here: https://jobs.firstcitizens.com/benefits.
Qualifications
- Bachelor's Degree and 2 years of experience in Credit analysis, relationship management OR High School Diploma or GED and 6 years of experience in Credit analysis, relationship management
- Preferred Education: Bachelors Degree in Business, Finance, Economics
- Preferred Area of Experience: Finance, Banking
- Skill(s): Completion of a formal credit training program preferred.
