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ONCI · 2 months ago

Director, Asset & Portfolio Management - CRE

New York

Full-time

Onsite

Director/Executive

$170K/yr - $215K/yr

10+ years exp

OakNorth is reshaping the future of business lending in the US by providing fast, flexible, and data-driven debt financing to growing businesses. The Director of Asset & Portfolio Management will manage the ongoing performance and risk of the commercial real estate lending portfolio, focusing on asset management, borrower relationships, and portfolio optimization.

CreditFinancial ServicesSoftware

H1B Sponsor Likely

Responsibilities

Partner with the Debt Finance Directors in the retention of high quality lending customers, including structuring and pricing; proactively identify opportunities for refinance, extension, or repayment discussions that strengthen OakNorth’s portfolio

Lead negotiations and workouts for stressed or distressed credits, engaging with legal counsel and internal stakeholders to achieve optimal outcomes for both borrower and bank

Maintain deep knowledge of commercial real estate markets and capital flows, understanding competitor behavior and market shifts that impact pricing and retention strategies

Oversee the ongoing performance of real estate loans, engaging with borrowers and co-lenders throughout the loan life cycle on amendments, waivers, and covenants, as required

Support the safe and sustainable expansion of the loan book by effectively measuring and managing credit risk within existing relationships

Evaluate portfolio data to identify trends, concentration risks, and sector exposures; form views on whether underwriting assumptions have proven conservative, accurate, or optimistic

Provide input and direction on portfolio initiatives, frameworks, and monitoring processes, working closely with credit and monitoring teams across geographies

Deliver process improvements and risk management enhancements that enable growth while maintaining portfolio quality and compliance with regulatory frameworks

Qualification

Asset managementCommercial real estate lendingCredit risk managementFinancial modelingNegotiation skillsAnalytical skillsCommunication skillsTeam playerResults-driven

Required

10–15+ years' experience in banking, with a strong focus on asset management and commercial real estate lending

Proven experience managing distressed and workout loans, with a strong understanding of legal processes and restructuring frameworks

Deep knowledge of capital markets, credit risk, and the competitive CRE lending landscape

Strong analytical and financial modelling skills, including familiarity with complex lending and security documentation

Demonstrated ability to manage complex borrower relationships and negotiations, including amendments, refinances, and covenant resets

Strong commercial acumen and market insight to guide deal retention and pricing strategies

High level of professional integrity, judgment, and commercial awareness

Strong communication and negotiation skills with senior internal and external stakeholders

Analytical and detail-oriented, with the ability to synthesize complex data into actionable insights

Collaborative team player who thrives in a fast-paced, entrepreneurial environment

Results-driven, with a strong work ethic and ability to deliver under tight deadlines

Benefits

401k plan with Principal (ON match up to 4%)

Medical Care (managed through Insperity) - employees can add their family to their plan if needed

Dental & Vision bundle

Insperity Health Savings Account Program - this is a tax-advantaged employee benefit which can help manage health care costs by allowing employees to set aside some of their current earnings on a pretax basis for reimbursement of qualified health care expenses during the plan year

EAP

20 days Holiday

Company

ONCI

Glassdoor3.1

ONCI is a purpose-built commercial credit analysis platform that helps credit teams transform fragmented borrower data into strategic action and forward-looking control – giving them ownership of their data, metrics, and decisions.

Founded in 2015

London, England, GBR

11-50 employees

https://www.onci.com

H1B Sponsorship

ONCI has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

Distribution of Different Job Fields Receiving Sponsorship

Represents job field similar to this job

Trends of Total Sponsorships

2024 (2)

2022 (1)