CRE Associate Relationship Manager
BHI, New York, NY, United States
Functional Title: CRE Associate Relationship Manager
Office Location: New York (Hybrid)
We are excited to add an A ssociate Relationship Manager
(ARM) to our CRE Team. This individual will join a key growth area for the Bank with an opportunity to have a real impact on the team. The ARM role is responsible for multiple priorities including: loan structuring and analysis, deal prescreening, drafting term sheets, drafting credit applications, origination pipeline management and other tasks in support of CRE Team’s loan origination and client management matters.
Main Duties and Responsibilities
Prepare pre-screens for new transactions by analyzing property financials, Sponsor financials, business plan and market data.
Review appraisals and other due diligence reports, and proactively identify issues and concerns.
Assist in sizing and structuring new transactions and complex refinances, draft Term Sheets and assist Relationship Managers in deal negotiations.
Liaise with various parties to ensure approved credit requests are carried out in a timely manner (3rd party consultants, attorneys and other vendors).
In conjunction with Loan Closer, execute the loan closing process and facilitate the flow of loan legal documents (customer, bank).
Liaise between Relationship Managers and the Credit Division (Underwriters, Credit Officers) to facilitate credit needs of customers.
Assist Relationship Managers with all customer related requirements.
Attend site inspections and client meetings with Relationship Managers.
Perform other duties, as assigned, which fall within scope of responsibility, including but not limited to portfolio reporting, maintaining pipeline, activity reports, and relationship plans.
Qualifications Needed
Strong quantitative/analytical skills including CRE underwriting, financial modeling, writing and attention to detail;
Strong working knowledge of all functional areas that comprise CRE finance
Strong work ethic, initiative, ownership/accountability and follow-through on responsibilities and assignments.
Excellent communication skills (verbal and written) at all levels throughout the Bank, as well as borrowers, participating lenders and third party vendors.
Strong project management and organizational skills.
Experience with hospitality and residential condominium projects is a plus.
Experience with ground-up construction is a plus.
Maintain current knowledge of BOM, policy guidelines and bank compliance requirements (BSA/AML/OFAC and other regulations) and participate in training and policy initiatives as required.
Technical Skills Proficiency with MS Office products, Internet and ability to research property status, violations, title, etc.).
Experience Required/Preferred Minimum 2 years of relevant experience
Education Required/Preferred Bachelor’s Degree with a concentration in Finance/Accounting/Economics
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Office Location: New York (Hybrid)
We are excited to add an A ssociate Relationship Manager
(ARM) to our CRE Team. This individual will join a key growth area for the Bank with an opportunity to have a real impact on the team. The ARM role is responsible for multiple priorities including: loan structuring and analysis, deal prescreening, drafting term sheets, drafting credit applications, origination pipeline management and other tasks in support of CRE Team’s loan origination and client management matters.
Main Duties and Responsibilities
Prepare pre-screens for new transactions by analyzing property financials, Sponsor financials, business plan and market data.
Review appraisals and other due diligence reports, and proactively identify issues and concerns.
Assist in sizing and structuring new transactions and complex refinances, draft Term Sheets and assist Relationship Managers in deal negotiations.
Liaise with various parties to ensure approved credit requests are carried out in a timely manner (3rd party consultants, attorneys and other vendors).
In conjunction with Loan Closer, execute the loan closing process and facilitate the flow of loan legal documents (customer, bank).
Liaise between Relationship Managers and the Credit Division (Underwriters, Credit Officers) to facilitate credit needs of customers.
Assist Relationship Managers with all customer related requirements.
Attend site inspections and client meetings with Relationship Managers.
Perform other duties, as assigned, which fall within scope of responsibility, including but not limited to portfolio reporting, maintaining pipeline, activity reports, and relationship plans.
Qualifications Needed
Strong quantitative/analytical skills including CRE underwriting, financial modeling, writing and attention to detail;
Strong working knowledge of all functional areas that comprise CRE finance
Strong work ethic, initiative, ownership/accountability and follow-through on responsibilities and assignments.
Excellent communication skills (verbal and written) at all levels throughout the Bank, as well as borrowers, participating lenders and third party vendors.
Strong project management and organizational skills.
Experience with hospitality and residential condominium projects is a plus.
Experience with ground-up construction is a plus.
Maintain current knowledge of BOM, policy guidelines and bank compliance requirements (BSA/AML/OFAC and other regulations) and participate in training and policy initiatives as required.
Technical Skills Proficiency with MS Office products, Internet and ability to research property status, violations, title, etc.).
Experience Required/Preferred Minimum 2 years of relevant experience
Education Required/Preferred Bachelor’s Degree with a concentration in Finance/Accounting/Economics
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