CRE Portfolio Manager II – Affordable Housing
Job Description: • Responsible for underwriting complex affordable housing construction and permanent loan originations, including those related to LIHTC and other CRA qualified public-private partnerships. • Develop and analyze affordable housing credits providing strong, thorough recommendations. • Prepare credit opportunities, working closely with CRE Relationship Managers, Credit Administration, and Loan Administration to close transactions originated by the CRE Relationship Manager. • Monitor borrower financial information, project performance, covenant compliance, maturities, and delinquencies, and provide accurate assessments of ongoing financial stability. • Manage a CRE portfolio of borrowing clients with responsibility for portfolio quality. Requirements: • Bachelor's Degree: Accounting, Business, Economics, Law, Computer Science or other related field required (an equivalent combination of education and experience may be considered) • 6 or more years of banking credit analysis experience required • Preferred Affordable Housing/ LIHTC credit analysis experience • Advanced analytical skills and working knowledge of financial accounting with ability to spread and analyze financial statements, cash flows, and tax returns for companies and individuals with moderate to complex structures to determine financial support feasibility for credit requests. • Knowledge of company formation structures with ability to identify borrowing and guaranty structures. • Advanced skills managing portfolio needs including reporting issues, concentrations, maturities, delinquencies, and loan performance (including construction progress through absorption and lease-up execution, covenant compliance, and the appropriateness of ongoing risk ratings). • Possess excellent verbal and written communication, organizational, and interpersonal skills. • Ability to understand client needs, identify potential cross-sell opportunities, and participate in team calling goals involving joint retention calls and prospecting activity. • Proficient in Word, Excel, Teams, SharePoint and other similar programs. • Knowledge of federal and state laws and regulations relating to Commercial Real Estate Lending. Benefits: • Comprehensive employee benefits, including: medical, dental, vision, LTD, STD and life • Paid vacation time, sick time, personal days, paid volunteer time and 11 company paid holidays • 401k (up to 4% match with immediate vesting) • Tuition reimbursement up to $5,250 annually (minimum service requirement) Apply tot his job