What are the responsibilities and job description for the Commercial Real Estate Credit / Portfolio Manager position at The Horizon Group?
Job Description
Commercial Real Estate - Director
• Rating preparation and substantiation for new and existing CRE deals
• Participation in the construction loan administration process as well as funding/authorization of reserve money for leasing, improvements and earn-outs from escrows
• Ongoing responsibility for the credit review process including re-rating, re-appraisal, covenant compliance and funding conditions
• Analysis of borrower personal and property level financial statements, rent rolls, tenant financials, cash-flow analysis, property information and market research
• Participation in deal teams for credit underwriting of complex real estate transactions
• Review of structural adequacy of real estate loans based on sustainable cash-flow models, credit metrics, sensitivities
• Due diligence with Appraisers, Engineers, Insurance Consultants and Legal Counsel
• Compliance of loan documentation with approvals, bank policy and processes
Qualififcations
5-7 Years of experience handling CRE Credit Analysis or Portfolio Management.
Solid financial analysis skills.
Good communication skills.
Salary : $150,000 - $160,000