Credit Portfolio Manager - New Jersey, United States - FinTrust Connect

    Default job background
    Description

    VP Portfolio Manager Team Lead C&I and CRE – Elmwood Park, NJ

    • FinTrust Connect is excited to announce that we have partnered with a well-established community bank in search of an experienced VP Portfolio Manager Team Lead for C&I and CRE in Elmwood Park, NJ. This individual will be responsible for overseeing and managing a combined portfolio of commercial and industrial (C&I) and commercial real estate (CRE) loans.

    Why this Opportunity?

    • Culture: This bank values a strong team-oriented culture that prioritizes inclusivity and professional development. They believe in creating a supportive and collaborative work environment where all employees feel valued and empowered to reach their full potential. This institution is committed to fostering a positive and family-like atmosphere within the bank and to provide opportunities for career advancement and growth for their employees.
    • Workplace (On-site, Hybrid, Remote): On-site.

    Requirements:

    • College Degree.
    • Minimum of five (5) years of experience in managing complex commercial loan portfolios, particularly in C&I and CRE environments.
    • Formal credit training.
    • Strong analytical and Excel skills to manage data intensive tasks and reporting.
    • Proven leadership capabilities with experience in training and mentoring staff.
    • Familiarity with middle market deals and complex credit situations, including workouts.
    • Experience with lending underwriting and collections, highlighting a comprehensive understanding of the financial landscape.

    Description:

    • Oversee and manage a combined portfolio of commercial and industrial (C&I) and commercial real estate (CRE) loans.
    • Conduct annual reviews, stress tests, and monitor loan portfolios, including implementing new systems for CRE management.
    • Mentor and train junior staff members, manage audits, and oversee the responsibilities of 5 CRE and 2 C&I portfolio managers.
    • Develop high level reports for executive management and participate in strategic planning to enhance portfolio performance.
    • Serve as a deputy to the department head, contributing to leadership and strategic direction.