CRE Associate Relationship Manager (Hybrid)

CRE Associate Relationship Manager (Hybrid)
located in Manhattan
Base Salary: $115,000 - $135,000 (Depending on Skills and Experience)

Qualifications Needed

  • Strong quantitative/analytical skills including CRE underwriting, financial modeling, writing and attention to detail;
  • Strong working knowledge of all functional areas that comprise CRE finance
  • Strong project management and organizational
  • Experience with hospitality and residential condominium projects and  ground-up construction is a plus.
  • Maintain current knowledge of BOM, policy guidelines and bank compliance requirements (BSA/AML/OFAC and other regulations) and participate in training and policy initiatives as
  • Technical Skills: Proficiency with MS Office products, Internet and ability to research property status, violations, title, etc.).

Experience Required/Preferred: Minimum 2 years of relevant experience

Education Required/Preferred: Bachelor’s Degree with a concentration in Finance/Accounting/Economics.
Responsibilities:
 

Originations:

  • Prepare pre-screens for new transactions by analyzing property financials, Sponsor financials, business plan and market data.
  • Review appraisals and other due diligence reports, and proactively identify issues and concerns.
  • Assist in sizing and structuring new transactions and complex refinances, draft Term Sheets and assist Relationship Managers in deal negotiations.
  • Liaise with various parties to ensure approved credit requests are carried out in a timely manner (3rd party consultants, attorneys and other vendors).
  • In conjunction with Loan Closer, execute the loan closing process and facilitate the flow of loan legal documents (customer, bank)

 Portfolio Management:

  • Manage and oversee loan portfolio for the assigned relationship manager/team.
  • Maintain oversight of all ongoing monitoring requirements and client deliverables as well as compliance with all terms of the loan
  • Update, track and follow up with customers on financial covenants, real estate taxes and insurance due on a periodic basis.
  • Execute and manage all portfolio monitoring tasks: dashboard report monitoring (maturities, past due),
  • Identify and communicate portfolio issues/areas of concern and implement control mechanisms to ensure portfolio
  • Prepare annual reviews

 

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Job Ref: 14875

Salary: $115000 – $135000

CRE Associate Relationship Manager (Hybrid)
located in Manhattan
Base Salary: $115,000 – $135,000 (Depending on Skills and Experience)

Qualifications Needed

  • Strong quantitative/analytical skills including CRE underwriting, financial modeling, writing and attention to detail;
  • Strong working knowledge of all functional areas that comprise CRE finance
  • Strong project management and organizational
  • Experience with hospitality and residential condominium projects and  ground-up construction is a plus.
  • Maintain current knowledge of BOM, policy guidelines and bank compliance requirements (BSA/AML/OFAC and other regulations) and participate in training and policy initiatives as
  • Technical Skills: Proficiency with MS Office products, Internet and ability to research property status, violations, title, etc.).

Experience Required/Preferred: Minimum 2 years of relevant experience

Education Required/Preferred: Bachelor’s Degree with a concentration in Finance/Accounting/Economics.
Responsibilities:
 

Originations:

  • Prepare pre-screens for new transactions by analyzing property financials, Sponsor financials, business plan and market data.
  • Review appraisals and other due diligence reports, and proactively identify issues and concerns.
  • Assist in sizing and structuring new transactions and complex refinances, draft Term Sheets and assist Relationship Managers in deal negotiations.
  • Liaise with various parties to ensure approved credit requests are carried out in a timely manner (3rd party consultants, attorneys and other vendors).
  • In conjunction with Loan Closer, execute the loan closing process and facilitate the flow of loan legal documents (customer, bank)

 Portfolio Management:

  • Manage and oversee loan portfolio for the assigned relationship manager/team.
  • Maintain oversight of all ongoing monitoring requirements and client deliverables as well as compliance with all terms of the loan
  • Update, track and follow up with customers on financial covenants, real estate taxes and insurance due on a periodic basis.
  • Execute and manage all portfolio monitoring tasks: dashboard report monitoring (maturities, past due),
  • Identify and communicate portfolio issues/areas of concern and implement control mechanisms to ensure portfolio
  • Prepare annual reviews

 

#acgresourcesjobs

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