Commercial Real Estate Banking Manager
Daytona Beach, FL - USA
Job Summary
Introduction
- Team Leadership: Work closely with commercial relationship managers to review structure analyze and market to commercial real estate related lending and deposit opportunities.
- Portfolio Management: Oversee and manage the banks commercial real estate loan portfolio ensuring compliance with credit policies risk management standards and regulatory requirements.
- Loan Origination: Identify and develop new business opportunities by building relationships with commercial real estate developers investors and property owners.
- Underwriting and Analysis:
- Conduct thorough financial analysis risk assessments and due diligence for all types of loans primarily focused on commercial real estate loan applications.
- Present requests to management loan committee or Board Loan Committee/Board when the proposed loan is beyond departmental lending authority as required.
- Client Relationship Management:
- Manage a portfolio of commercial loan relationships facilitating all aspects of client management including calling effort to retain and expand the relationship to meet additional needs.
- Counsel loan customers on loan management and beneficial strategies to secure new opportunities.
- Market Research: Stay informed about local and national commercial real estate market trends including property values rental rates and economic factors impacting the industry.
- Risk Mitigation:
- Monitor portfolio performance identify potential risks and implement strategies to mitigate credit and operational risks.
- Participate in continuing education programs and seminars as needed to assure currency with changing rules and regulations affecting the bank.
- Perform any actions necessary to assure the safeness and soundness of the Bank in accordance and compliance with all appropriate Federal and State regulations governing the Banks lending activities.
- Collaboration: Coordinate with and assists leadership and management of the Banks business line (loans deposits and ancillary services) and all activities related to loan and deposit procurement and production.
- Reporting: Prepare and present detailed reports on portfolio performance market conditions and business development activities to senior management.
- Leadership:
- Support Chief Lending Officer Credit Manager and Chief Risk Officer in establishing and documenting loan related policies a procedure as required.
- Coordinate and consult with CLO in the hiring of Relationship Managers.
- Provide input to the loan budget-making process; review adequacy of departmental services staff services and material.
- Make recommendations to management on business related product and service improvements or changes.
- Attend and lead the Preflight discussion twice a week as needed for the discussion and review of Commercial Real Estate loans.
- Regulation and Compliance:
- Support CLO and Chief Credit/Risk Officer with the oversite of loan operations regulatory relations and compliance as required.
- Represent the Bank to regulatory and supervisory agencies as required.
- Maintain and enhance information based on local and national economics as well as other concerns that would impact the Banks lending activities.
- Loan Management:
- Oversee the collection and review of updated financial data and ensures the prompt monthly repayment of the related loans.
- Help support management by monitoring the performance of the Banks loan portfolio from the perspective of both credit quality and profitability as required.
- Coordinate with CLO to assist Relationship Managers in management of the Banks large or complex Commercial Real Estate loans as needed.
- Board of Directors:
- Attend Board meetings as required.
- Participate as a member of the Loan Committee.
- Networking: Effectively represent the Bank to the community including attending networking opportunities with the Chambers Economic Development Groups Team Volusia and the CID Realtors monthly meetings.
- Development: Coordinate with CLO RMs and RBs to implement business development activities such as customer calls on existing clients COIs or prospects to effectively execute the key tactics of our Marketing Strategies.
- Education: Bachelors degree in Finance Real Estate Business Administration or a related field.
- Experience: Minimum of 10-15 years of experience in lending primarily Commercial Real Estate lending with extensive knowledge of financial institution policies and procedures regarding consumer commercial and mortgage lending.
- Skills and Abilities:
- Strong understanding of commercial real estate markets property valuation and financial analysis.
- Excellent negotiation and relationship-building skills.
- Proficiency in financial modeling and risk assessment tools.
- Knowledge of banking regulations and compliance requirements.
- Exceptional communication and presentation skills.
- Strong research and problem resolution skills.
- Superior customer service skills.
- Ability to work with all levels of employees.
- Proficient with Microsoft Windows Word and Excel.
- Knowledge:
- Accounting procedures financial statement analysis and credit decision process.
- Various analytical tools with regard to the extension of credit.
- Certifications: Formal credit training preferably in commercial banking environment.
- Attributes: Detail-oriented proactive and able to work independently in a fast-paced environment.
- Physical Requirements:
- Repetitive Motion: Movements frequently and regularly using wrists hands and/or fingers and reaching with hands and arms including writing typing and operating a computer.
- Speaking/Communication: Especially where one must frequently convey detailed or complex instructions or ideas accurately and/or quickly.
- Vision and Hearing: Average ordinary visual acuity to prepare or inspects documents or products including technical financial documents and equipment operation. Able to hear average or normal conversations and receive technical information.
- Physical Strength: Sedentary work sitting most of the time. Some standing and walking. May be required to move/lift objects weighing up to 20 pounds occasionally.
- Employee Stock Ownership Program (ESOP): You will have the opportunity to participate in and reap the rewards of the growth of the company through this prestigious profit-sharing program.
- 401k Retirement Plan: You will also be able to participate in a 401k retirement program.
- Professional Development: You will receive tuition assistance for your professional development.
- Paid Time Off: You will have 11 paid holidays a paid birthday/flex day and 15 PTO days per year.
- Health Insurance: You will have fully-paid employee health insurance with several options to choose from.
- Other Insurance: You will be able to enroll in other group insurance benefits such as dental vision life disability as well as pet insurance legal aid auto/home insurance identity theft protection other supplemental benefits and an Employee Assistance Program (EAP).
- And theres more! You get a free checking and savings account and a free safety deposit box.
Visium Resources is an award-winning employment firm with a mission to match talented individuals with highly successful organizations. At Visium our companys success is based on your success. When you work with us you are never just a number. You are our most important asset. Here you will know us by name through our regular visits to client sites and even occasional luncheons. We will always be there when you need assistance and will always go the extra mile to ensure that you are as successful as possible. Whether youre looking for contract contract-to-hire or permanent opportunities we firmly believe there is no employment agency that will work harder for you than Visium.
Visium Resources is an equal opportunity employer and values diversity. All employment is decided based on qualifications merit and business need.
Required Experience:
Manager
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