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Commercial Real Estate Portfolio Manager

Commercial Banking

Short Hills, New Jersey

Req. Number: 228680

Full/Part Time: F

Shift: 1st Shift


The Portfolio Manager position is responsible for prudent underwriting and effective credit and risk administration with particular emphasis on adherence to credit policy and requirements, financial analysis/modeling, risk evaluation, on-going portfolio maintenance activities, and client support for an assigned portfolio of existing credits and prospects primarily of moderate to medium complexity, with some having higher complexity.

Primary responsibilities include:

  • Ensure the overall portfolio performance and asset quality remains strong and, when necessary, surfaces issues, proposes and collaborates with others on strategies and actions to limit risk and loss to the Bank.
  • Monitor the performance of existing borrowers within assigned portfolio and ensure compliance with financial covenants.
  • Assist the Relationship Manager in structuring more advanced credit transactions, developing proposal letters, TOSs, term sheets and commitment letters.  They will take the lead on the internal credit process for obtaining approvals of credit proposals.
  • Ensures loan agreement is in accordance with approval documents.  Identifies potential issues contained within loan documentation and takes steps to address the issues, in consultation with RM.  Key voice with the interaction of the client in closing transactions.
  • Manages compliance and control routines related to the credits contained in the assigned portfolio.
  • Independently applies the conditions of credit decision to the different types of credits contained within the portfolio to ensure that all monitoring and tracking requirements are met and that all documentation is up to date per policy.


Required Skills/Experience:

  • 4+ years of commercial credit experience primarily in Commercial Real Estate, including experience with multi-family housing.
  • Exhibited competency in financial analysis and credit structuring, understanding, and applying credit policy and credit monitoring and risk administration practices. 
  • Prior portfolio management experience to include proposing credit and covenant structures and documenting loans. 
  • Commercial Real Estate experience – debt, equity, or development –experience is preferred.  
  • Capable of interpreting and detecting issues with property, guarantor and sponsor financial performance and can put them into the context of the client’s history articulating possible impacts of such changes to the risk profile of the credit. 
  • Strong verbal and written communications and interpersonal skills. 
  • Independently follows up with borrowers to address missing financial information or to resolve covenant violations on a timely basis. 
  • Strong ability to engage with customers directly and may accompany RM on client visits or attend client meetings. 
  • Bachelors degree required

Hours and Work Schedule
Hours per Week:  40
Work Schedule:  Monday - Friday

Some job boards have started using jobseeker-reported data to estimate salary ranges for roles. If you apply and qualify for this role, a recruiter will discuss accurate pay guidance.


We offer competitive pay, comprehensive medical, dental and vision coverage, retirement benefits, maternity/paternity leave, flexible work arrangements, education reimbursement, wellness programs and more.

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Awards We've Received


Human Rights Campaign Best Places to Work for LGBTQ Equality


Dave Thomas Foundation Best Adoption-friendly Workplace


Noteworthy Company for Diversity


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