CRE Portfolio Manager II

Summary: This position is responsible for the daily management of assigned commercial portfolios.

Salary Range: The salary range budgeted for this position is $89,200/yr to $130,300/yr and represents the Company's good faith minimum and maximum range for this role at the time of posting. The compensation offered to a candidate may vary depending on several factors, including a candidate's qualifications, skills, competencies, experience, and location.

The Company also offers various benefits, including medical, dental, vision, and a 401(K) match. Other rewards may include annual performance-based bonuses and wellness days.

Applicants must have current work authorization when accepting a First Foundation Inc. position. Currently, we cannot sponsor or take over the sponsorship of an Employment Visa.

Duties And Responsibilities

• Understands and complies with the requirements of all laws and regulations applicable to the position.
• Understand and speak knowledgeably about the real estate market, as well as the specifics of transactions and how these relate to the Bank’s various loan programs, loan procedures, and loan documentation forms.
• Daily management of assigned CRE portfolio that includes Multi-Family, Non-Owner Occupied Commercial, and Single-Family Residential borrowers.
• Maintain CRE loan files in partnership to ensure documentation is organized and complete in electronic files for third-party reviewers as needed.
• Monitors ongoing borrower compliance with loan covenants and financial reporting requirements on all assigned loans.
• Maintain a complete understanding of the Bank’s lending objectives, its credit policies and procedure, and the underwriting process, as well as various Bank lending products; this includes but is not limited to Multi-Family, Single Family Residential, and Non-Owner Occupied Commercial Real Estate Loans.
• Partner with the Director of Loan Production to evaluate the creditworthiness of prospective Borrower(s) and all Guarantor(s).
• Inspect and tour properties to ensure the Bank is lending on quality assets.
• Keep up to date on the changing economic environment, monitor competition, interest rates, and all border market conditions that affect cash flow and other industry conditions.
• Resolve any issues involving the applicant's collateral or financial conditions.
• Recommend approval of loans, declination of loans, or required changes in the amount, interest rate, or loan structure to ensure conformity with the Bank’s credit policy.
• Promote and provide excellent customer service by effectively communicating and cooperating with all internal and external customers.
• Perform other duties as assigned.
  
  

Qualifications: To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.

Education And/or Experience

• High School diploma or equivalent required; bachelor’s degree in business administration or financial field preferred
• Minimum 3-5 years of related experience preferred.
• Must have strong knowledge of credit analysis, including real property analysis and valuation, real estate lending, commercial loan underwriting, and financial and credit analysis.
  
  

Skills

• Strong knowledge and ability to communicate the terms and conditions of loan requests with effectiveness and clarity.
• Ability to examine and understand tax returns, Financial Statements, Operating Statements, and Rent rolls.
• Excellent written and verbal communication skills are required.
• Strong customer service ethics and team-building skills
• Ability to prioritize, organize, and produce in a high-volume, deadline-driven production workgroup.
• Must be detail-oriented and self-motivated, with the ability to work independently.
• Present a professional image in dealing with customers, and interdepartmental and external representatives.
• Must be self-motivated with the ability to prioritize, organize, analyze, and produce in a high-volume, deadline-driven production workgroup.
• Must possess effective verbal and written communication skills.
• PC proficiency in Microsoft Word and Excel (including reading/writing formulas) or the demonstrated ability to transfer skills developed in competitive applications.
  
  

Physical Demands: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.

While performing the duties of this job, the employee is regularly required to sit for long periods; use hands to operate controls on a computer; reach with hands and arms for phone and computer work; and communicate on the phone wearing a headset for extended periods. The employee must occasionally lift and/or move up to 10 pounds. Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, and the ability to adjust focus. This job description is subject to change at any time.

First Foundation is an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, protected veteran status, status as a qualified individual with a disability, sexual orientation, gender identity, or any other characteristic protected by law.