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NewtekOne (NASDAQ: NEWT) · 2 days ago

Portfolio Manager

USA

Full-time

Onsite

Senior Level

$110K/yr - $140K/yr

5+ years exp

Newtek One is a financial holding company providing a wide range of business and financial solutions to the SMB market. The Portfolio Manager will evaluate risk and make credit and loan structure recommendations while managing transactions independently and monitoring loans during and post construction.

Financial Services

Responsibilities

Prepares and presents thorough credit memorandums summarizing transaction fundamentals, credit analysis including risks and mitigants, and due diligence for new and existing owner-occupied CRE loan transactions. Makes recommendations on transaction risk rating and loan structure to mitigate identified risks

Corresponds with borrowers, construction department, 504 department, third-party department and loan brokers to obtain and/or clarify project and borrower related information for new loan origination and existing loan portfolio

Maintain high quality business by actively managing risk and identifying business opportunities through strong credit analysis and active portfolio management

Works closely with loan closers, internal counsel, construction department, third party department and others to resolve credit related issues during the loan origination, closing and construction processes

Addresses loan modification and extension requests

Responsible for obtaining current financial information, monitoring of ongoing financial performance and risk ratings, preparing annual reviews, and serving as the point of contact for all areas during the construction process

Develops working knowledge of existing customers and prospects to monitor ongoing customer performance and ability to pay. Makes appropriate recommendations to reduce risk for past due accounts, matured loans or others exhibiting potential credit weakness

Qualification

Credit underwriting experienceRisk managementAnalytical skillsOwner-occupied CRE loansCommunication skillsAttention to detailTime managementIndependent work