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Community Development Portfolio Manager I

Salary
Competitive
Employment
Full Time
Real Estate Field
Location
Southfield
 MI
Postal Code
48034
Country
United States

This job is no longer active.

Description


The Community Development (CD) Portfolio Manager position is responsible for prudent underwriting and 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, regulatory compliance and client support for an assigned portfolio of existing credits and prospects primarily of low to medium complexity.

 

The CD Portfolio Manager is responsible for ensuring that overall portfolio performance and asset quality remains strong and when necessary surfaces issues and collaborates with others on strategies and actions to limit risk and loss to the Bank.

 

The CD Portfolio Manager is responsible for continuously monitoring the performance and risk profile of existing borrowers within assigned portfolio including completion of periodic assessments of projects and sponsors as well as ensuring compliance with financial covenants.  Handles more straightforward underwriting assignments with increasing level of independence.  Assists RMs and more senior PMs in developing Term Sheets, TOS proposals and CPS underwritings for more complicated underwritings.

Qualifications

  • 3-5 years of experience and exhibited competency in financial analysis and credit structuring, understanding and applying credit policy and credit monitoring and risk administration practices
  • CRA, LIHTC or NMTC or other Gov't RE programs preferred.
  • Commercial Real Estate experience – debt or equity analyst or in private development – is preferred 
  • Equivalent work experience may be considered as alternative to formal degree program completion
  • Strong ability with numbers and calculations 
  • Capable of accurate statement spreading  
  • Able to interpret and raise questions from financial reporting to be addressed by client
  • Displays and is able to articulate the purpose of loan documentation 
  • Manages compliance and control routines related to the credits contained in the assigned portfolio
  • Displays effective verbal and written communication and interpersonal skills
  • Displays ability to critically review, analyze, synthesize, compare and interpret information; draws conclusions from relevant and/or missing information and determines the follow-up needed to address issues for the credits contained within the portfolio to ensure continued compliance with credit and risk policies and practices
  • Collaborates with RM on follow up with client
Hours and Work Schedule
Hours per Week: 40
Work Schedule: Monday - Friday

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.

Equal Employment Opportunity

It is the policy of Citizens Bank to provide equal employment and advancement opportunities to all colleagues and applicants for employment without regard to race, color, ethnicity, religion, gender, pregnancy/childbirth, age, national origin, sexual orientation, gender identity or expression, disability or perceived disability, genetic information, citizenship, veteran or military status, marital or domestic partner status, or any other category protected by federal, state and/or local laws.

Equal Employment and Opportunity Employer/Disabled/Veteran

Citizens Bank is a brand name of Citizens Bank, N.A. and each of its respective subsidiaries.


This job is no longer active.

Asset / Portfolio Management Office Southfield Full Time MI Asset Management, Portfolio Management, Research/Market Analysis Community Development Portfolio Manager I other