UMB Bank Portfolio Mgr II-Real Est Grp in Fort Worth, Texas
Duties and Responsibilities:
This role is responsible for Commercial Real Estate loan portfolio management activities (non-owner occupied CRE loans generally greater than $1,000,000). Will manage the associated credit risks of an assigned CRE loan portfolio which includes completing covenant testing, annual reviews and other monitoring requirements. Key highlights of the role will include the following:
-Partner with loan officers to effectively lead the oversight and management of an assigned portfolio of CRE loans/relationships.
-Primary job responsibilities will focus on management of an assigned portfolio of existing loans. On a secondary basis, the PM 2 may be involved in the underwriting of new loan opportunities as time and training allow.
-Perform credit monitoring of existing loans or underwriting of prospective client relationships, which may include but are not limited to the following: detailed credit, collateral, and market analysis across multiple property types to determine property cash flow, borrower/guarantor repayment capacity and appropriate loan terms and structure to mitigate present and inherent credit risks.
-Prepare and present credit packages for credit and loan committee review and approval of annual reviews, modifications, renewals, and other requests as necessary, utilizing Bank MIS - CapitalStream, Optimist, et al. Including preparation of pricing and risk rating models suitable for each credit request.
-Monitor and document covenant compliance in accordance with loan documents and bank policy on a timely basis. Follow established protocols to monitor and cure when possible documentation exceptions, past due financial reporting and performance covenants.
-Recognize and manage early warning signs of increased credit risk on a timely basis when analyzing property/borrower/guarantors' periodic financial reporting (varies by loan) throughout the loan life. Analyze performance trends against internal and industry standards.
-Provide recurring customer service to existing and prospective clients, which includes direct contact with customers either through participation in joint sales calls with loan officers or direct correspondence with clients.
-Perform various projects/tasks as needed with an emphasis on maintaining UMB TUCE at all times; other duties as assigned.
-Follow established protocols to facilitate the centralized filing and protection of all customer-sensitive information, work product, and loan documentation in a timely manner.
-Other duties as assigned.
Minimum Knowledge and Skills:
-Demonstrates excellent communication skills (verbal & written)
-Demonstrates excellent level of understanding of credit underwriting of all major investment CRE property types
-Demonstrates ability to understand and interpret policies/procedures, contracts, loan documents, credit reports, financial statements, and property reports
-Demonstrates excellent analytical skills, including underwriting of CRE properties and markets; and guarantor financial statements, including real estate schedules
-Demonstrates expert knowledge and understanding of how to process, structure, and renew/extend maturing loans
-Demonstrates strong knowledge of bank products, services, and bank operations
-Demonstrates ability to be self-starter, show initiative, and transfer knowledge to less experienced peers
-Demonstrates strong proficiency in Word, Excel, PowerPoint
-Demonstrates knowledge of commercial lending software
Culture of Diversity and Inclusion: We are committed to building a strong UMB by hiring talented, high-performing associates with diverse backgrounds. Maybe you simply want to work at a company where you have a voice and an opportunity to share your unique ideas.
Please visit us at careers.umb.com to view a list of all available opportunities. UMB is an Equal Opportunity Employer. Principals only. No 3rd parties or agencies, please.
Preferred Knowledge and Skills:
-Ability to prospect and network at various levels within a company and industry
-Ability to conduct global cash flow (GCF) analysis of borrowers and guarantors utilizing tax returns, credit reports, and personal financial statements
-Advanced Excel skills - can create Pivot tables, conduct V&H Lookup; Simple Macros, etc.
-Familiar with FIS Loan Accounting System
-Bachelor's degree in Business, Accounting, Finance, Real Estate or related fields
-3+ years commercial real estate experience including credit analysis/underwriting
-Current valid driver's license
We strive to deliver the unparalleled customer experience, and show customers they can count on more from UMB. The same is true for our associates. You can count on more benefits, more training, more support, and more opportunity!
What you'll get:
Unique Benefit Programs : We offer a great benefits package including several unique programs like an incentive-based wellness program, parental leave, adoption assistance and health care for you, your spouse or domestic partner, your dependents and even your pets!!
Community Involvement: Giving back is a big part of who we are! We support several great causes throughout the UMB footprint. We even offer Volunteer Time Off, which allows associates to dedicate 16 hours a year to a worthy cause of their choice.
-5+ years commercial real estate experience including credit analysis/underwriting, and 2+ years of commercial banking experience.
Professional Development: We provide our associates with the tools they need to support their career goals - including training, tuition reimbursement and career guidance.
Portfolio Manager II-Real Estate Group
100 Lexington Street