Commercial Real Estate Portfolio Manager

About the Opportunity

FLSA: Exempt

Location: East Harlem New York, NY

Reports To: Director of Underwriting and Portfolio Management

Hybrid Schedule: In Office 4 days, 1 day remote

Salary Range: $100,000.00 - $150,000.00 - based on experience

Position Summary

The Portfolio Manager & Senior Commercial Loan Underwriter is responsible for the credit evaluation, underwriting, and ongoing portfolio management of the Bank’s loan book, primarily Commercial Real Estate (CRE) and Commercial & Industrial (C&I) loans. This highly visible role partners with the Director of Underwriting/Portfolio Management along with the Lending Team to structure, analyze, and approve large and/or complex loan transactions, while also overseeing risk management and compliance within the assigned portfolio.

The ideal candidate brings credit expertise, sound judgment, and a proactive approach to risk monitoring and client support. We embrace a strong risk culture and all our professionals at all levels are expected to take a proactive and responsible approach toward risk management.

Key Responsibilities

• Lead the underwriting and structuring of new and renewed CRE and C&I loan transactions
• Analyze borrower financial statements, rent rolls, guarantor strength, global cash flow, schedules of real estate owned, debt service coverage, and collateral valuations
• Prepare high-quality credit approval memorandums for presentation to the Management Loan Committee and Board committees
• Manage a portfolio of complex CRE and C&I relationships with total exposure typically up to $10MM
• Conduct regular risk reviews, covenant testing, and financial performance monitoring

Qualifications

Education & Experience:

• Bachelor’s degree in finance, Accounting, Economics, or a related field
• Minimum 7–10 years of direct experience in commercial credit underwriting and portfolio management
• Formal credit training or equivalent hands-on experience with complex transactions

Skills & Competencies:

• Extensive knowledge of CRE underwriting (stabilized and construction), market fundamentals, and loan structures
• Strong understanding of C&I loan products including global cash flow
• Excellent written and verbal communication skills for executive-level reporting and credit presentations
• Proficient in Microsoft Word, Excel, Power Point and financial spreading tools

Work Environment

Hybrid, 4 days in office. Some travel may be required for property site visits or client meetings.