Portfolio Manager - Construction
Irvine, CA  / Phoenix, AZ 
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Job Description
Description

The Portfolio Manager will be responsible for conducting risk management reviews and monitoring the accuracy of client portfolios to establish compliance with loan approval conditions.

RESPONSIBILITIES

  • Collect & review updated Borrower financial information in accordance with periodic reporting requirements and complete scheduled loan reviews.
  • Grade loans based on periodic review of financial or other information or data that may prompt a risk grade change.
  • Monitor construction status through communication with In-House Fund Control and Borrower to ensure timely completion of the project.
  • Coordinate with In-House Fund Control to address all construction schedule delays and cost overruns in a judicious manner and with a sense of urgency.
  • Track loans for delinquency and covenant compliance; report any adverse situations.
  • Ensure all correspondence and updated information is maintained in credit files (i.e. approvals, financials reporting and documentation related to modifications, extensions, forbearances and waivers, etc.).
  • Coordinate with Loan Servicing and Loan Documentation as appropriate in managing existing credits.
  • Identify potential opportunities for additional lending or other banking services as they arise.
  • Underwrite all loan extensions, modifications and periodic risk grade reviews for an assigned portfolio of loans.
  • Coordinate with Borrowers on payoffs, line of credit advances, loan draws, etc.
  • May order or perform property inspections and/or valuation updates on real estate collateral per Bank policy.
  • Document loan status and updates.
  • Periodic reporting as requested by management.

QUALIFICATIONS

  • 3-5 years of bridge and construction loan portfolio management experience including spreading and analyzing personal and company financial statements and other documentation relative to monitoring a portfolio of loans required
  • Experience with multifamily, industrial, retail, office and other income property types required


Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)

 

Job Summary
Start Date
As soon as possible
Employment Term and Type
Regular, Full Time
Required Experience
3 to 5 years
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