Job Title: Portfolio Manager Risk – Commercial Real Estate
Department: Credit CRE
Location: Pittsburgh, PA, Cleveland, OH and Philadelphia, PA
Summary of the Position:
TriState Capital Bank is an independent chartered bank subsidiary of Raymond James. Headquartered in Pittsburgh, PA, TriState Capital Bank provides premier private banking, commercial banking, and treasury management products and services to corporate, institutional, and high-net-worth (HNW) clients.
The Commercial Real Estate (CRE) Credit Risk Portfolio Manager assists the relationship managers with the ongoing administration of loan portfolios and the underwriting of existing relationships (renewals) to ensure the Bank maintains high credit quality and to provide more time for the relationship managers to generate new business opportunities.
Primary Functions of the Position:
· Prepares the following for Senior Management:
o Credit Approval Request (CAR) to Senior Loan Committee
o Modifications
o Covenant Waivers/Amendments
o Periodic Reviews
o Assessment of Real Estate Sponsorship
o Special Asset Reports
· Manages / monitors assigned portfolio for:
o Loan Performance
o Accurate and Timely Risk Rating
o Required Financial Reporting
o Covenant Compliance
o Payment Delinquencies
o Overdrafts
· Ensures compliance with the Bank’s credit policies and procedures, identifying exceptions for approval as they occur.
· Ensures the set-up of credit facilities on Baker Hill and other internal systems is consistent with the reporting requirements and covenants contained in the loan documents.
· Review and update with the market and senior management construction monitoring, leasing status and upcoming loan maturities.
· Monthly construction monitoring.
· Ensures the timely spreading of financial statements provided by clients.
· Review of loan documents and third-party reports related to CRE.
· Conducts site inspections as needed.
Job Title: Portfolio Manager Risk – Commercial Real Estate
Department: Credit CRE
Location: Pittsburgh, PA, Cleveland, OH and Philadelphia, PA
Summary of the Position:
TriState Capital Bank is an independent chartered bank subsidiary of Raymond James. Headquartered in Pittsburgh, PA, TriState Capital Bank provides premier private banking, commercial banking, and treasury management products and services to corporate, institutional, and high-net-worth (HNW) clients.
The Commercial Real Estate (CRE) Credit Risk Portfolio Manager assists the relationship managers with the ongoing administration of loan portfolios and the underwriting of existing relationships (renewals) to ensure the Bank maintains high credit quality and to provide more time for the relationship managers to generate new business opportunities.
Primary Functions of the Position:
· Prepares the following for Senior Management:
o Credit Approval Request (CAR) to Senior Loan Committee
o Modifications
o Covenant Waivers/Amendments
o Periodic Reviews
o Assessment of Real Estate Sponsorship
o Special Asset Reports
· Manages / monitors assigned portfolio for:
o Loan Performance
o Accurate and Timely Risk Rating
o Required Financial Reporting
o Covenant Compliance
o Payment Delinquencies
o Overdrafts
· Ensures compliance with the Bank’s credit policies and procedures, identifying exceptions for approval as they occur.
· Ensures the set-up of credit facilities on Baker Hill and other internal systems is consistent with the reporting requirements and covenants contained in the loan documents.
· Review and update with the market and senior management construction monitoring, leasing status and upcoming loan maturities.
· Monthly construction monitoring.
· Ensures the timely spreading of financial statements provided by clients.
· Review of loan documents and third-party reports related to CRE.
· Conducts site inspections as needed.
· Bachelor’s Degree in Finance, Accounting, or related field preferred
· Minimum of 3-5 years of credit analysis and underwriting experience
· Completion of a bank commercial credit training program and experience analyzing commercial / residential real estate projects (income producing properties including retail, office, industrial and multi-family; land acquisition and development loans, and construction loans) preferred
Essential Skills and Abilities:
· Demonstrated knowledge of investment commercial real estate finance for multiple loan and property types
· Excellent organization skills, attention to detail and the ability to work in a fast-paced environment and complete assignments in a timely manner with minimal direction
· Strong written and verbal communication skills
· Strong presentation skills
· Ability to work independently and within a team
· Proficient in various spreadsheet and word processing applications, including the use of graphs and charts
· Bachelor’s Degree in Finance, Accounting, or related field preferred
· Minimum of 3-5 years of credit analysis and underwriting experience
· Completion of a bank commercial credit training program and experience analyzing commercial / residential real estate projects (income producing properties including retail, office, industrial and multi-family; land acquisition and development loans, and construction loans) preferred
Essential Skills and Abilities:
· Demonstrated knowledge of investment commercial real estate finance for multiple loan and property types
· Excellent organization skills, attention to detail and the ability to work in a fast-paced environment and complete assignments in a timely manner with minimal direction
· Strong written and verbal communication skills
· Strong presentation skills
· Ability to work independently and within a team
· Proficient in various spreadsheet and word processing applications, including the use of graphs and charts
At Raymond James our associates use five guiding behaviors (Develop, Collaborate, Decide, Deliver, Improve) to deliver on the firm's core values of client-first, integrity, independence and a conservative, long-term view.We expect our associates at all levels to:• Grow professionally and inspire others to do the same• Work with and through others to achieve desired outcomes• Make prompt, pragmatic choices and act with the client in mind• Take ownership and hold themselves and others accountable for delivering results that matter• Contribute to the continuous evolution of the firmAt Raymond James our associates use five guiding behaviors (Develop, Collaborate, Decide, Deliver, Improve) to deliver on the firm's core values of client-first, integrity, independence and a conservative, long-term view.
We expect our associates at all levels to:• Grow professionally and inspire others to do the same• Work with and through others to achieve desired outcomes• Make prompt, pragmatic choices and act with the client in mind• Take ownership and hold themselves and others accountable for delivering results that matter• Contribute to the continuous evolution of the firmAt Raymond James – as part of our people-first culture, we honor, value, and respect the uniqueness, experiences, and backgrounds of all of our Associates. When associates bring their best authentic selves, our organization, clients, and communities thrive. The Company is an equal opportunity employer and makes all employment decisions on the basis of merit and business needs.