Truist · 1 month ago
Senior Portfolio Manager - Commercial Real Estate Credit Delivery
New York, NY
Full-time
Onsite
Senior Level, Lead/Staff
$130K/yr - $165K/yr
10+ years expTruist Bank is seeking a Senior Portfolio Manager specializing in Commercial Real Estate Credit Delivery. The role involves financial analysis, risk assessment, and credit structure recommendations for clients, focusing on underwriting, credit administration, and portfolio management.
BankingFinanceFinancial Services
Responsibilities
Responsible for leading the diligence and underwriting documentation of the most complex and larger credit relationships; leading credit presentation preparation and discussions with Credit Officer and other final approvers
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
Analyze financial statements/projections and documents client performance, along with identified risk and risk mitigants of most complex credits
Provides oversight of credit relationship/project performance and monitoring activity to include overall portfolio management and understanding of current industry and market trends
Accountable for and manages assigned portfolio by monitoring performance and trends
Ensures all Credit Process Metrics are within prescribed tolerances. Accountable for the risk evaluation and associated compliance requirements within assigned portfolio and for prospects
Identifies issues and follows through for remediation
Manages pipeline of assigned portfolio to ensure that all requests are completed in a timely fashion and to ensure that the Client needs are met
Serve as a client and internal point of contact in managing assigned portfolio. (May include site visit and/or visit with client management team) Serves as source of real estate underwriting knowledge and expertise, which includes understanding of current industry and/or market trends
Facilitate strong communication and collaboration across servicing and functional teams internally to maintain executional excellence
Decision and approve non-material Borrower requests, loan amendments or modifications, client requests requiring Bank approval, annual reviews, risk ratings, and renewals within authority levels or as appropriate based on experience level in coordination with Portfolio Manager Team Lead
Mentors and coaches Analysts, Associates, and teammates still building skills. This includes oversight of underwriting and deal processing
Qualification
Required
Bachelor's degree in Finance, Accounting, Economics or Business, or an equivalent combination of education and work experience
Excellent verbal and written communication skills
Demonstrated proficiency in basic computer applications, such as Microsoft Office software products
Strong analytical and problem-solving skills
Knowledge of credit principles
Ability to handle multiple priorities under time constraints
Demonstrated success working in a collaborative team environment
Preferred
10+ Years of portfolio management and client relationship experience
Intermediate knowledge of ARGUS software and use of 3rd party Real Estate Data Sources (CoStar, REIS, Axiometrics)
Completion of commercial associate program or equivalent experience; or MBA in Accounting or Finance or in related field; or an equivalent combination of educational and experience or other related advanced degree
Experience conducting periodic reviews/audits of loans within the loan portfolio to ensure compliance with bank origination, underwriting and portfolio management standards
Demonstrated ability to assess the effectiveness of 'quality assurance' processes - identify areas for improvement, document corrective measures, and convey findings and recommended changes to management
Ability to troubleshoot and resolve issues effectively
Benefits
Medical
Dental
Vision
Life insurance
Disability
Accidental death and dismemberment
Tax-preferred savings accounts
401k plan
10 days of vacation
10 sick days
Paid holidays
Defined benefit pension plan
Restricted stock units
Deferred compensation plan
Company
Truist
Truist is the sixth-largest commercial bank in the U.S.
10001+ employees
H1B Sponsorship
Truist 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
2025 (313)
2024 (247)
2023 (288)
2022 (275)
2021 (278)
2020 (270)
Funding
Current Stage
Late StageTotal Funding
unknown2021-01-01Seed
Leadership Team
Michael Maguire
Chief Financial Officer
James Cordovana
SVP of Cloud Security Enterprise Architect
Recent News
Maryland Daily Record
2026-01-03
2025-12-18
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