Job Location : New York,NY, USA
Position TitleSenior Portfolio Manager LocationNew York, NY 10018 Job SummaryA Portfolio Manager must be an analytical, organized, team-focused individual with good verbal and written communication skills. This individual will be responsible for completing an in-depth analysis of commercial loan requests, as well as making recommendations based on such analysis. Portfolio Managers work in a team environment as a key player within the relationship deal team. Primary responsibilities include underwriting, monitoring and maintaining the credit quality of a loan portfolio as well as managing the loan closing process. Portfolio Managers maintain strong working relationships, depending on experience level, with clients, deal team, credit team, and other internal partners.Pay Range: $117,195 - $155,270 - $193,355Pay Range: Local Minimum Wage - $0.00 - $0.00Job Responsibilities:Underwrite, Analyze and Close Loans: Working with the relationship manager, take a lead role in structuring, underwriting, and analysis of commercial loan requests. Prepare credit approval packages, present recommendations to the credit team/senior management, and close complex commercial loans.Portfolio Management: Responsible for monitoring the credit quality of the assigned portfolio by periodically evaluating financial trends, covenant compliance, and borrowing bases, including the preparation of annual (or more frequent) reviews. Additionally, manage delinquencies and collateral exceptions.Relationship Management: Manage client relationships actively along with the deal team.Training: Mentor, train, and develop junior team members.Maintaining Knowledge: Stay knowledgeable about various commercial products available to clients as well as general market and industry trends.Job Requirements:12+ years of experienceHandles transactions, relationships, or portfolios with the highest level of complexityExperience mentoring and developing less experienced team members, sharing expertise and insightsHigh-level oral and written interpersonal skills necessary to recommend loan transactions to senior managementExcellent leadership and communication skills for smooth loan closings and daily portfolio managementBachelor's Degree in Business, Finance, or related fieldHighly advanced credit analysis skills (formal credit training preferred)Demonstrated knowledge of financial statement analysisExcellent interpersonal, verbal, and written communication skillsAbility to work effectively in a team environmentAbility to interact with all organizational levelsAbility to work autonomously, handle multiple projects, and adapt to new challengesFamiliarity with nCino, Credit Lens, AFS is a plusExperience in Credit Analysis or Loan Review, preferably in banking industryEqual Opportunity Statement Flagstar is an Equal Opportunity Employer.#J-18808-Ljbffr