Portfolio Manager - Commercial Real Estate
Portfolio Manager - Commercial Real Estate
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1 Vacancy
Job Description
About Us: IDB is a leading financial institution committed to providing exceptional services to our clients in the real estate sector. Our Commercial Real Estate (CRE) team is responsible for managing a diverse portfolio of commercial properties and assets ensuring their optimal performance while supporting the banks strategic growth.
Position Overview: We are seeking a highly motivated and detailoriented individual to join our Commercial Real Estate NY Portfolio Management team. This position provides an excellent opportunity to gain handson experience in commercial real estate financial analysis and portfolio management within a dynamic and fastpaced banking environment.
As a Portfolio Manager you will work closely with credit officer relationship managers and credit admin assisting in the evaluation monitoring and reporting of real estate investments. You will contribute to the daytoday operations of the CRENY portfolio and gain exposure to a variety of real estate asset classes including office retail industrial and multifamily properties.
Key Responsibilities:
- Help monitor and track the performance of the banks NYC commercial real estate portfolio including tenant performance interest and tax payments lease renewals and financial statement collections.
- Assist in the preparation of annual reviews portfolio performance reports including financial metrics occupancy rates ordering appraisals and other key performance indicators.
- Support the analysis of propertylevel financial statements market trends and investment opportunities for the quarterly Watch List and Construction calls.
- Participate in the creation of financial models and pro forma projections to assess the value and potential return on real estate investments.
- Collaborate with team members to identify risk factors and recommend strategies for optimizing portfolio performance.
- Provide general administrative support to the team including organizing meetings managing documents ie insurance certificates site inspection memos and assisting with internal presentations.
#LIHybrid
Qualifications :
Qualifications:
- A bachelors degree in Real Estate Finance Business Economics or a related field with at least 3 years of experience.
- Strong analytical and quantitative skills with proficiency in Microsoft Excel.
- Knowledge of commercial real estate markets investment analysis and financial modeling.
- Excellent verbal and written communication skills.
- Strong attention to detail with the ability to multitask and manage time effectively.
- Selfstarter with the ability to work independently and in a team environment.
What Youll Gain:
- Practical experience in commercial real estate portfolio management within a bank setting.
- Exposure to financial analysis market research asset management and property evaluations.
- Networking opportunities with experienced professionals in the commercial real estate and banking industries.
- Handson training and mentorship in a fastpaced supportive environment.
Compensation:
The expected annual salary for this position is between $100000 $150000 at the start of employment. A salary offer is determined on an individualized basis taking into consideration factors such as an individuals skills and experience. In addition to base salary our total rewards package also includes eligibility for an annual bonus medical pharmacy dental and vision plans life and disability insurance employee wellness program retirement and savings plans with employer contributions generous holiday and paid time off schedules parental leave and tuition reimbursement.
Additional Information :
The Bank will make reasonable accommodations to the following employees to allow them to perform the essential functions of their position except where doing so would result in undue hardship to the Bank:
- Those with a known mental or physical disability.
- Pregnant individuals and/or individuals with pregnancy or childbirthrelated medical conditions.
- Victims of domestic violence sex offenses or stalking.
- Employees with religious observance and practice obligations.
Any employee who believes he or she needs an accommodation for any of the above reasons should contact their supervisor or a member of Human Resources to request such an accommodation. In each case the Bank will engage in a good faith written or oral dialogue concerning the individuals accommodation needs; potential accommodations that may address the individuals accommodation needs including alternatives to a requested accommodation; and the difficulties that such potential accommodations may pose for the employer.
The Bank retains the ultimate discretion to choose the appropriate reasonable accommodation. Upon reaching a final determination at the conclusion of the cooperative dialogue the Bank will provide the requesting individual with a written final determination identifying any accommodation granted or denied. In addition the Bank will maintain any information regarding the employees request and status in the strictest confidence except as requested by the employee as required on a needtoknow basis or as otherwise required by law.
Disclaimer
The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not to be construed as an exhaustive list of all responsibilities duties and skills required of personnel so classified. All personnel may be required to perform duties outside of their normal responsibilities from time to time as needed.
All your information will be kept confidential according to EEO guidelines.
IDB BANK INCLUDING ITS SUBSIDIARIES AND DIVISIONS PROVIDES EQUAL EMPLOYMENT OPPORTUNITIES TO ALL EMPLOYEES AND APPLICANTS FOR EMPLOYMENT WITHOUT REGARD TO RACE COLOR RELIGION SEX SEXUAL ORIENTATION NATIONAL ORIGIN AGE DISABILITY GENETIC STATUS CITIZENSHIP STATUS MARITAL STATUS MILITARY OR VETERAN STATUS CURRENT UNEMPLOYMENT OR ANY OTHER LEGALLY PROTECTED CATEGORY IN ACCORDANCE WITH APPLICABLE FEDERAL STATE AND LOCAL LAW. NOTHING IN THIS SITE CONSTITUTES A PROMISE OR OFFER OF EMPLOYMENT.
IDB BANK INCLUDING ITS SUBSIDIARIES AND DIVISIONS PROVIDES EQUAL EMPLOYMENT OPPORTUNITIES TO ALL EMPLOYEES AND APPLICANTS FOR EMPLOYMENT WITHOUT REGARD TO RACE COLOR RELIGION SEX SEXUAL ORIENTATION NATIONAL ORIGIN AGE DISABILITY GENETIC STATUS CITIZENSHIP STATUS MARITAL STATUS MILITARY OR VETERAN STATUS CURRENT UNEMPLOYMENT OR ANY OTHER LEGALLY PROTECTED CATEGORY IN ACCORDANCE WITH APPLICABLE FEDERAL STATE AND LOCAL LAW. NOTHING IN THIS SITE CONSTITUTES A PROMISE OR OFFER OF EMPLOYMENT.
Remote Work :
No
Employment Type :
Fulltime
Employment Type
Full-time
