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First Citizens Bank

AVP Portfolio Manager -Commercial Real Estate (Medical Office)

First Citizens Bank, New York, New York, us, 10261

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Overview This position is responsible for servicing a mature portfolio of Medical Office Building loans as part of FCB’s Commercial Finance - Healthcare Real Estate business unit. Key functions include the ongoing assessment of the financial and credit quality of the assigned loan portfolio through prescribed servicing processes and procedures. In addition, a key attribute to the role is to build and maintain strong relationships with institutional clients in accordance with the Bank’s core values.

Responsibilities

Portfolio Management - Monitors portfolio for completeness of reporting, accuracy of credit grading, and risk of potential exposures.

Manages assigned portfolio as per loan servicing requirements including but not limited to loan reporting, borrower requests, and loan extensions / modifications. Additional responsibilities may include underwriting efforts associated with loan refinancings, amendments and/or interest rate hedges.

Client Service - Maintains ongoing communication and contact with assigned Medical Office clients and syndicate lenders. Fortifies relationships and monitors client satisfaction.

Collections - Monitors loans for payment status. Works with delinquent clients to collect past due payments.

Qualifications Bachelor's Degree and 4 years of experience in Commercial Real Estate Finance; Office, Retail, and/or Industrial Property Types; Debt or Equity Investment Analyst, OR High School Diploma or GED and 8 years of experience in Commercial Real Estate Finance; Office, Retail, and/or Industrial Property Types; Debt or Equity Investment Analysis.

Compensation The base pay for this position is generally between $130,000.00 and $140,000.00. Actual starting base pay will be determined based on skills, experience, location, and other non-discriminatory factors permitted by law.

Total compensation may include variable incentives, bonuses, benefits, and/or other awards as outlined in the offer of employment.

Benefits Benefits are an integral part of total rewards and First Citizens Bank is committed to providing a competitive, thoughtfully designed and quality benefits program to meet the needs of our associates. More information can be found at https://jobs.firstcitizens.com/benefits.

Seniority level Not Applicable

Employment type Full-time

Job function Health Care Provider

Industries Banking and Financial Services

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