OakNorth · 16 hours ago
Director, Asset & Portfolio Management - CRE
New York, United States
Full-time
Onsite
Senior Level, Lead/Staff
$170K/yr - $215K/yr
10+ years expOakNorth is a company focused on reshaping business lending in the US, having already made significant contributions to the economy. The Director of Asset & Portfolio Management will oversee the performance and risk of the commercial real estate lending portfolio, managing borrower relationships and optimizing loan performance.
BankingFinanceFinancial ServicesLending
Responsibilities
Asset Management
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
Portfolio Management & Monitoring[SS1]
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
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
OakNorth
The digital bank for entrepreneurs, by entrepreneurs, that provides bespoke credit and banking services to businesses across the UK and US.
501-1000 employees
H1B Sponsorship
OakNorth 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 (1)
Funding
Current Stage
Late StageTotal Funding
$1.04BKey Investors
The FIS FinTech Accelerator in Partnership with The Venture CenterSoftBank Vision FundFuture Fifty
2021-06-02Non Equity Assistance
2019-02-08Private Equity· $440M
2018-09-06Series B· $100M
Leadership Team
Rishi Khosla
Co-founder and CEO
Joel Perlman
Co-Founder
Recent News
2026-01-21
Crowdfund Insider
2026-01-16
Financial Sector Technology
2026-01-07
Company data provided by crunchbase