CRE Portfolio Manager - Affordable Housing

March 25

🏄 California – Remote

Although this job is listed in California, this company may be open to hiring remote in other states.

💵 $80k - $104k / year

⏰ Full Time

🟡 Mid-level

🟠 Senior

👔 Manager

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Banner Bank

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Banner Bank is a financial institution that offers a wide range of banking and financial services to both individuals and businesses. It provides solutions such as personal and business checking and savings accounts, credit cards, personal and home loans, and investment services. Banner Bank also offers specialized services such as online and mobile banking, fraud prevention, and wealth management. Known for its focus on customer trust and satisfaction, Banner Bank has received several accolades including recognition by Newsweek and Forbes as one of the best regional and trustworthy banks. It operates in multiple states including Washington, Oregon, Idaho, and California, and is a preferred SBA lender in many communities.

1001 - 5000 employees

Founded 1890

🏦 Banking

💸 Finance

💳 Fintech

📋 Description

• More than 130 years ago, we started with core values that never go out of style: listen, learn and help businesses and individuals reach their goals. Our financial strength and stability are key reasons Forbes names us one of the Best 100 Banks in America the past eight consecutive years and Newsweek names Banner one of the Most Trustworthy Companies the past four years. • With more than $15 billion in assets and over 150 locations throughout Washington, Oregon, Idaho, and California, we understand our role in the economy and take that responsibility seriously. In addition to offering a source of capital to personal banking clients and businesses of all sizes, we place a high importance on employee volunteerism and donate millions of dollars each year to community organizations. • As an Affordable Housing CRE Portfolio Manager you will assist CRE Relationship Managers in commercial real estate loan activity and the underwriting and funding of loans. Develop and analyze credit information. Prepare credit offerings, working closely with CRE Relationship Managers, Credit Administration, and Loan Administration to close transactions originated by the CRE Relationship Manager. Prepare credit write-ups, furnish information relative to credit inquiries, and provide assistance to CRE Relationship Managers and Credit Administration. Monitor borrower financial information, including inventory reporting, covenant compliance, maturities, and delinquencies, and provide accurate assessments of ongoing financial stability. Manage a CRE portfolio of borrowing clients with responsibility for portfolio quality.

🎯 Requirements

• Bachelor's Degree: Accounting, Business, Economics, Law, Computer Science or other related field required (an equivalent combination of education and experience may be considered) • 4 or more years of banking credit analysis experience required • Preferred Affordable Housing/LIHTC credit analysis • Advanced analytical skills and working knowledge of financial accounting with ability to spread and analyze financial statements, cash flows, and tax returns for companies and individuals with moderate to complex structures to determine financial support feasibility for credit requests. • Knowledge of company formation structures with ability to identify borrowing and guaranty structures. Solid understanding of portfolio management priorities, including reporting issues, concentrations, maturities, delinquencies, and loan performance (including construction progress through absorption and lease-up execution, covenant compliance, and the appropriateness of ongoing risk ratings). • Possess excellent verbal and written communication, organizational, and interpersonal skills. Ability to effectively manage customer relationship and maintenance issues in the absence of CRE Relationship Managers. • Ability to understand client needs, identify potential cross-sell opportunities, and participate in team calling goals involving joint retention calls and prospecting activity. • Proficient in Word, Excel, Access, and other similar programs. • Knowledge of federal and state laws and regulations relating to Commercial Real Estate Lending.

🏖️ Benefits

• Targeted starting compensation range is based on location and experience: $80,000 - $104,000 • Incentive and commission compensation may be awarded for eligible roles • Comprehensive employee benefits, including medical, dental, vision, LTD, STD and life • Paid vacation time, sick time, personal days, paid volunteer time and 11 company paid holidays • 401k (up to 4% match with immediate vesting) • Tuition reimbursement up to $5,250 annually (minimum service requirement)