Amalgamated Bank

CRE Relationship Manager

Amalgamated Bank$165K — $195K *
Real Estate & Construction
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree or equivalent experience.
  • 5+ years in a commercial real estate relationship manager role.
  • Deep understanding of commercial credit analysis and loan underwriting.
  • Strong presentation skills.
  • Excellent verbal/written communication and interpersonal skills.
  • Knowledge of compliance/Patriot Act regulations.
  • Strong analytical skills.
  • Proficiency in Microsoft Office Suite, Salesforce, Costar, Argus, Moody's CreditLens.

Responsibilities

  • Develop and maintain a portfolio of commercial real estate loans and deposits.
  • Identify lending opportunities and cross-sell bank products.
  • Underwrite new loan requests, assessing property performance and borrower's creditworthiness.
  • Prepare and present transaction proposals for approval according to Credit Policy.
  • Negotiate loan terms, complete documentation, and close loans.
  • Collaborate with internal and external parties on transaction documents and amendments.
  • Represent the bank at industry events and customer functions.

Benefits

  • Hybrid work model offering flexible scheduling.
  • Equal opportunity employer committed to diversity in the workplace.
  • Encouragement of applications from veterans, minorities, and national service alumni.
Full Job Description
Purpose of Position:

The CRE Relationship Manager is responsible for developing and managing a portfolio of commercial real estate relationships in the greater New England area, with a focus on Massachusetts, Connecticut and Rhode Island.

Essential Job Functions:

  1. Develop and maintain a portfolio of commercial real estate loans and depository relationships.
  2. Identify potential lending opportunities and cross-sell bank products.
  3. Underwrite new loan requests, analyzing the property's expected performance as well as the borrower's financial capacity and creditworthiness.
  4. Prepare transaction proposals for approval and present to the appropriate approval authorities per the Credit Policy.
  5. Negotiate with borrowers, complete loan documentation, and negotiate loan closings.
  6. Work with internal closing and external legal counsel on new transaction documents as well as periodic deal amendments.
  7. Represent the Bank at industry conventions and customer-sponsored events to promote the Bank's platform and image.
  8. Perform other duties as necessary.


Knowledge, Skills and Experience Requirements:

  1. Bachelor's degree or equivalent experience.
  2. Minimum 5 + years of experience in a commercial real estate relationship manger role.
  3. In-depth knowledge of commercial credit analysis, loan underwriting and account analysis.
  4. Excellent presentation skills.
  5. Excellent verbal/written communication, interpersonal and supervisory skills.
  6. Core competency in all compliance/Patriot Act provisions.
  7. Strong analytical skills.
  8. Proficient with software programs (Microsoft Office Suite, Salesforce, Costar, Argus, Moody's CreditLens).

Our job titles may span more than one career level. The starting base salary for this role is between $165,000.00 - $195,000.00. The actual base pay is dependent upon many factors, such as: training, transferrable skills, work experience, business needs and market demands. The base pay range is subject to change and may be modified in the future.

Hybrid Work Model
Effective February 18, 2025, employees in office-based positions will be working a Hybrid work schedule consisting of three days or more, on-site per week, Monday - Thursday, although the specific days may vary by site or organization, with Friday designated as a remote-working day, unless business critical tasks require an on-site presence. This Hybrid work model does not apply to, and daily in-person attendance is required for, the contact center, branch service roles, and general services where the work to be performed is located at a Company site; positions covered by a collective-bargaining agreement (unless the agreement provides for hybrid work); or any other position for which the Company has determined the job requirements cannot be reasonably met working remotely. Please note, this Hybrid work model guidance does not apply to roles that have been designated as "remote".

Search Firm Representatives- Please Read Carefully
Amalgamated Bank does not accept unsolicited assistance from search firms for employment opportunities. All CVs / resumes submitted by search firms to any employee at our company without a valid written search agreement in place for the position will be deemed the sole property of our company. No fee will be paid in the event a candidate is hired by our company as a result of an agency referral where no pre-existing agreement is in place. Where agency agreements are in place, introductions are position specific. Please, no phone calls or emails.

About Amalgamated Bank

Amalgamated Bank is a commercial bank that provides banking services to individuals and institutions. The bank offers checking and savings accounts, loans, mortgages, credit cards, and other financial products and services. Amalgamated Bank was founded in 1923 and is headquartered in New York, New York. The bank has over 30 branches in New York, California, Washington, D.C., and other states.
Learn more about Amalgamated Bank
Size
375 employees
Market Cap
$722.3 million
Industry
Net Income
$46.1 million
5 Year Trend
+7.3%
NASDAQ

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