Truist Financial

Team Lead - Commercial Real Estate Credit Delivery

Truist Financial$110K — $130K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Business, Finance, or related field
  • 8+ years in underwriting, portfolio administration, or commercial loan credit decision-making
  • 8+ years of financial services experience in Commercial banking/Commercial Real Estate
  • Strong managerial/leadership experience
  • Effective analytical and problem-solving skills
  • Excellent interpersonal and communication skills
  • Proficiency in Microsoft Office and basic computer applications
  • Ability to manage multiple priorities under time constraints

Responsibilities

  • Lead a team of Portfolio Managers, Associates, and Analysts in credit servicing and portfolio management activities
  • Ensure compliance with bank policies for risk management
  • Implement strategies to support financial performance metrics
  • Foster early identification of credit issues and industry trends
  • Coach and develop team members to create industry-leading Portfolio Managers
  • Oversee portfolio administration and reporting in compliance with Operational Excellence standards
  • Maintain knowledge of real estate markets and capital markets for real estate

Benefits

  • Medical, dental, and vision insurance
  • Life insurance and disability coverage
  • 401k plan with tax-preferred savings accounts
  • Minimum of 10 vacation days and 10 sick days annually
  • Paid holidays
  • Possible eligibility for defined benefit pension plan
  • Access to restricted stock units and deferred compensation plan
Full Job Description
Lead team of CRE Portfolio Managers/Associates/Analysts that provide underwriting, ongoing credit servicing and portfolio management activity for assigned Sub-LOB teams within the Wholesale Banking CRE portfolio. Ensures the underwriting efforts enable sound, efficient and profitable decisions that support the business segment.   Manages the Portfolio Management function for assigned Sub-LOB teams and directs the credit and underwriting process activities accordingly. ESSENTIAL DUTIES AND RESPONSIBILITIES Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time. 1. Promote sound risk management as the first line of defense by ensuring compliance with Bank policies for credit, underwriting, operational, regulatory, tax, legal procedures and policies. 2. Implement and execute on strategies in support of financial performance metrics and tactical plans for the business by ensuring thorough analysis from Underwriting and diligent management of ongoing Portfolio Servicing. This includes underwriting for credit exposure to new and existing clients both lead and non-lead opportunities any modifications, amendments and refinancing of clients, risk rating integrity, annual reviews, general renewals, amendments / waivers, and ancillary line approvals, as well as financial statement spreading, compliance and regulatory review. 3. Develops culture for early identification of emerging credit problems and industry trends. 4. Manage, coach and develop the team of Portfolio Managers, Associates, and Analysts to ensure we are developing industry leading PMs. Provides guidance and support to Portfolio Managers working on highly complex transactions. 5. Oversee PM team and activities within tolerances established within Operational Excellence standards including portfolio administration efforts that are reflected in Credit Risk, Operational Risk, Audit and Compliance Reporting. 6. Maintain thorough knowledge of the various real estate markets, including access to brokers, developers, and appraisers; 7. Understands capital markets for real estate including debt, equity, mezzanine financing; 8. Understands the risk and an in-depth view of various risk elements inherent in a real estate project – environmental risk, construction risk, market risk, tenant risk and product specific risk; 9. Approves annual reviews, risk ratings and renewals within authority levels. 10. Ensure the commercial credit process operates at optimal efficiency by tracking and inspecting the process and response times and ensuring accountabilities for key underwriting and portfolio management responsibilities. Qualifications Required Qualifications 1. Bachelor's degree in Business, Finance or related field, and specific knowledge/experience with supporting educational background, or equivalent education and related training. 2. 8+ years of experience in underwriting, portfolio administration or commercial loan credit decision-making. 3. 8+ years demonstrated financial services experience with Commercial banking/Commercial Real Estate and credit products or commercial portfolio management. 4. Strong managerial/leadership experience with supporting educational background. 5. Strong analytical and problem-solving skills. 6. Effective interpersonal and communication skills. 7. Demonstrated proficiency in basic computer applications, such as Microsoft Office software products. 8. Ability to handle multiple priorities under time constraints. Preferred Qualifications 1. Master’s degree in Accounting, Real Estate Finance or in related field 2. 2+ years of team management experience 3. Previous Sales or sales management experience #Atlanta General Description of Available Benefits for Eligible Employees of Truist Financial Corporation: All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position. Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on Truist’s generous benefit plans, please visit . Depending on the position and division, this job may also be eligible for Truist’s defined benefit pension plan, restricted stock units, and/or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work.

About Truist Financial

Truist Financial Careers

Join the dynamic team at Truist Financial, a leader in the financial services sector, and propel your career to new heights. At Truist Financial, we offer more than just job opportunities; we provide a platform for professional growth and innovation in an environment that values diversity and leadership.

Why Truist Financial?

At Truist Financial, we are committed to building a diverse and inclusive workplace where every team member is empowered to contribute their unique skills and perspectives. We believe that our strength lies in our diversity, and we are dedicated to fostering a culture that embraces the differences that make each of us unique.

Explore a World of Opportunities

Whether you're seeking your first internship or a seasoned professional looking to advance your career, Truist Financial offers a range of employment opportunities across various disciplines. Our team is growing, and we are constantly looking for talented individuals who are eager to make an impact.

Innovate and Lead

Join us and be part of a culture of innovation where your ideas can help shape the future of banking. At Truist Financial, you’ll work alongside industry leaders and have access to cutting-edge resources that foster continuous professional development and innovation.

Develop Your Career

Truist Financial is deeply invested in the career progression of our employees. We offer robust training programs, including leadership development and diversity training, to ensure you have the tools needed to succeed. Our commitment to your growth is reflected in our comprehensive benefits package, designed to support you both professionally and personally.

Networking and Professional Development

Enhance your professional network and connect with like-minded colleagues through our various networking events and community engagement initiatives. At Truist Financial, we believe in the power of connections and the impact they can have on your career.

Join Our Team

Ready to take the next step in your career? Explore the current job openings at Truist Financial. We are hiring across multiple departments, looking for passionate, curious, and innovative individuals to join our team. Check out our available positions and find the one that best matches your skills and interests.

Prepare for Your Interview

Make a great first impression. Visit our Careers page for tips on how to craft a compelling resume and succeed in your interview at Truist Financial. We are excited to see how you can contribute to our team and help us drive the future of banking.

Stay Connected

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Learn more about Truist Financial
Size
50,283 employees
Market Cap
$56.6 billion
Industry
5 Year Trend
+14.3%
NASDAQ

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