Business Banking Ops UW Portfolio Manager III - Investment CRE

Citizens is hiring a Business Banking Ops UW Portfolio Manager III for their New Jersey location. This role involves credit underwriting, portfolio management, and ensuring credit quality for commercial banking relationships. Responsibilities include financial analysis, monitoring client performance, and interacting with senior management. Candidates need 5-7 years of experience in commercial real estate lending, strong communication skills, and a Bachelor's degree. The position requires a 40-hour work week, Monday to Friday.
Description

At Citizens, we work together to make a difference for companies that are building, supplying, and serving industries and consumers across the country. As the Commercial Real Estate Portfolio Manager, you will be responsible for credit underwriting, monitoring, and portfolio management of commercial banking relationships to ensure strong credit quality and achieve efficient internal processes to retain and expand customer relationships. Your responsibilities will include analyzing financial data to determine the merits of loan requests, monitoring the performance of existing client relationships, and assist in the management and organization of the loan portfolio. You will manage moderately complex credits and successfully handle multiple demands and competing priorities while meeting all deadlines and ensuring compliance with credit and risk policies. As part of our team, you’re made ready for a fulfilling career with exciting new challenges and opportunities to stretch yourself.

The Portfolio Manager III is responsible for ensuring overall portfolio performance and asset quality remains strong and can independently address and develop strategies and actions to resolve issues that could increase risk and/or create loss for the Bank.

Primary Responsibilities Include

Effective credit and risk administration with particular emphasis on adherence to credit policy and requirements, financial analysis/modeling, risk evaluation, on-going portfolio maintenance activities, and as needed client support of pooled or individual portfolio.
• Independent interaction with Senior Management, Sales Team, Credit Products Manager, Credit Officer, and Workout Officer, to discuss and resolve risk related issues.
• Independent review of financials and makes recommendations for approval of annual review/renewal, modifications, as well as underwrites and recommends new money requests for approval to credit officers.

Required Skills/Experience
• 5-7 years of experience and exhibited competency in various aspects of commercial real estate lending and/or portfolio management including financial analysis and credit structuring, understanding, and applying credit policy, and credit monitoring and risk administration practices.
• Superior knowledge of loan and related legal documents.
• Must be skilled in proposing, negotiating, and recommending credit and covenant structures.
• Must demonstrate practical and conceptual knowledge of credit and risk analysis and Banking regulations.
• Strong communication skills and ability to influence others by persuasively presenting thoughts and ideas to gain commitment and agreement for proposed ideas and solutions.
• Superior understanding of commercial real estate industry nuances applicable to the credits contained within group’s portfolio.
• Ability to think critically, solve problems, strong attention to detail and effective decision maker.

Education
• Bachelor's Degree required.
• Formal credit training preferred.

Hours & Work Schedule

Hours per Week: 40

Work Schedule: 8:30AM - 5:00PM, Monday - Friday

Why Work with Us

At Citizens, you’ll find a customer-centric culture built around helping our customers and giving back to our local communities. When you join our team, you are part of a supportive and collaborative workforce, with access to training and tools to accelerate your potential and maximize your career growth.

Some job boards have started using jobseeker-reported data to estimate salary ranges for roles. If you apply and qualify for this role, a recruiter will discuss accurate pay guidance.

Equal Employment Opportunity

Citizens, its parent, subsidiaries, and related companies (Citizens) provide equal employment and advancement opportunities to all colleagues and applicants for employment without regard to age, ancestry, color, citizenship, physical or mental disability, perceived disability or history or record of a disability, ethnicity, gender, gender identity or expression, genetic information, genetic characteristic, marital or domestic partner status, victim of domestic violence, family status/parenthood, medical condition, military or veteran status, national origin, pregnancy/childbirth/lactation, colleague’s or a dependent’s reproductive health decision making, race, religion, sex, sexual orientation, or any other category protected by federal, state and/or local laws. At Citizens, we are committed to fostering an inclusive culture that enables all colleagues to bring their best selves to work every day and everyone is expected to be treated with respect and professionalism. Employment decisions are based solely on merit, qualifications, performance and capability.

Why Work for Us

At Citizens, you'll find a customer-centric culture built around helping our customers and giving back to our local communities. When you join our team, you are part of a supportive and collaborative workforce, with access to training and tools to accelerate your potential and maximize your career growth