Multi-Family Commercial Real Estate Portfolio Manager in New York, NY

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Industry:

Finance & Insurance   •  

Less than 5 years

Posted 7 weeks ago

Description

Santander's Commercial Banking Division is an active provider of capital, treasury management and risk management solutions to thousands of small and mid-sized companies in the northeast and across the country. We also have expertise and provide service to specific industry sectors including real estate, asset based lending, energy, education, health care and government. Our clients rely on the strength of Santander's balance sheet and the degree to which our relationship managers understand their businesses in order to develop the most relevant and compelling solutions. In addition, Santander's significant international presence in regions around the world uniquely positions us to help companies grow their business, both near and far.


Summary of Duties & Responsibilities

  • Manage a multi-family commercial real estate portfolio
  • Perform financial analysis and loan documentation review/analysis
  • Use ORR, a corporate tool, to classify and monitor credit risk for all loans
  • Interact with borrowers to ensure expectations are being met on both borrower and bank sides
  • Determine appropriate risk and when possible minimize risk to the bank
  • Generation of correspondence facilitating monitoring of loan performance
  • Loan documentation review/interpretation
  • Physical evaluation of properties
  • Review borrower requests, secure complete package of required exhibits and preparation of draw request packages in connection with project improvement findings
  • File maintenance in compliance with departmental and regulatory mandates
  • Assist portfolio management team on departmental projects, as necessary
  • Interaction with borrowers relative to loan/property performance. Timely satisfaction/compliance with investor (contractual) requirements (re: loan management functions)
  • Financial analysis of project operations/borrower/property operating statements


At Santander, we value and respect differences in our workforce and strive to increase the diversity of our teams. We actively encourage everyone to apply


Qualifications

  • Bachelor's Degree or equivalent work experience - Finance, Business, Economics, Accounting or other equivalent field.
  • 3-9 years relevant work experience in credit structuring, underwriting and/or portfolio management
  • Ability to establish plans of action (parameters with dates that must be filled) for properties/loans with problems
  • Ability to multi-task; strong organizational skills; ability to be detail oriented
  • Ability to work independently as well as in a team environment
  • Advanced proficiency in computer skills, especially with Excel and Word
  • Knowledge of operating statements and credit policy
  • Strong written and verbal communication skills
  • Strong interpersonal skills
  • Ability to apply concepts, such as fractions, percentages, ratios and proportions, to practical situations
  • Ability to define problems, collect data, establish facts, and draw valid conclusions
  • Ability to effectively present information and respond to questions from groups or managers, members, and general public
  • Ability to work with mathematical concepts, such as profitability and statistical inference
  • Capacity to complete projects on time