• Team Lead and Sr. Portfolio Manager - CRE Credit

    Raymond James Financial, Inc. (Pittsburgh, PA)


    Summary of the Position:

    The Commercial Real Estate (CRE) Team Lead and Senior Portfolio Manager is responsible for assisting the Senior Credit Officer (SCO) and Chief Credit Officer (CCO) in managing Portfolio Managers (PM) within his/her designated regions. This includes coordinating the timely completion of quality Credit Approval Requests (CARS), modifications, periodic reviews (QPRs), portfolio monitoring activities, necessary training, and loan review and audit preparation activities, and special projects as assigned by the SCO, CCO, or SVP Credit Administration.

    Primary Functions of the Position:

    + Coordinates the timely underwriting of new deals, modifications, periodic reviews, and other reporting requirements

    + Manages account loads for each PM to ensure proper portfolio management

    + Coaches, develops, and structures teams to effectively deliver on expectations

    + Trains and mentors new employees, and coordinates training as needed for both new and existing employees

    + Manages third-party vendor relationships for CRE market reporting (CoStar), appraisals (Looking Glass), and auxiliary underwriting and portfolio review services (CreditVest)

    + Ensures timely completion, accuracy, and distribution of Construction Monitoring and Leasing Status Report

    + Enhances oversight of the CRE portfolio by employing various visualization and reporting tools

    + Manages the Bank’s CRE Stress Test including staffing, validation, board reporting, and audit evaluation

    + Manages monthly validation of Loan to Value (LTV) and Maturity dates for CRE renewals and new loans for CECL

    + Provides secondary validation of CRE Coding for CECL

    + Provides senior portfolio management support as needed including:

    + Performs detailed financial analysis primarily for Commercial Real Estate lending opportunities

    + Prepares underwriting requests for credit extensions to new and existing clients

    + Supports the Relationship Manager by ensuring the initial set-up of credit facilities on our internal systems is consistent with the reporting requirements contained in the loan documents

    + Ensures compliance with the Bank’s credit policies and procedures, identifying exceptions for approval

    + Capable of standing-in for the relationship manager when the RM is unavailable at various internal meetings such as Credit Committee, Special Assets Group and Periodic Reviews

    + Accompanies the relationship manager on prospect / client calls when appropriate

    Education and Experience Requirements:

    + Bachelor’s Degree in Finance, Accounting, or related field; MBA preferred

    + Minimum 7 years of banking experience in credit analysis and underwriting

    + Prior management experience preferred

    Essential Skills and Abilities:

    + Excellent organizational and project management skills

    + Excellent presentation skills

    + Strong analytical skills including the ability to read and assess individual and company financial statements, cash flow, industry, competition and projections.

    + Proficient in loan structuring

    + Proficient in various spreadsheet applications, including use of graphs, charts, and Moody’s financial analysis software