Vice President, STL Financing Portfolio Manager
First Internet Bank, Fishers, IN, United States
Vice President, STL Financing Portfolio Manager
First Internet Bank of Indiana Fishers - Fishers, IN 46038
Overview
Position Type Full Time
Position Details
As a Single Tenant Lease (STL) Portfolio Manager (PM) you will provide general credit monitoring activities, administrative support and oversight to the bank's commercial real estate loan portfolio in an effort to prudently manage ongoing risk. You will work closely with the bank's credit department to obtain timely formal credit approvals. Conduct review and follow-up activities to maintain the general condition and quality of the commercial real estate loan portfolio. Typical Loans for a PM can consist of single or multiple Borrowing Entities with one or more Guarantors or Guarantor couples.
What You Will Do:
Perform consistent and accurate analysis, underwriting and preparation of Credit Approval Documents for new loan requests, renewals of existing loans or modifications to existing loans in the portfolio
Oversee the timely monitoring and collection of periodic loan servicing requirements and address documentation exceptions
Monitor delinquency reporting, and upcoming loan maturities to assure timely completion of annual reviews, loan renewals, yearly risk rating assessments and other Loan Monitoring as applicable
Perform quality control reviews to ensure loans are properly booked based on final approval conditions and executed loan documentation
Ensure all documentation is properly saved in the electronic file imaging system
Perform analysis and recommend Internal Risk Ratings on Loan Portfolio Tenants
Work with bank's third-party vendors to monitor collateral and property tax status
Assist other department personnel to ensure new loans book accurately
Assist with preparation, completion and distribution of department loan data reports for the department
Responsible for any other duties/activities assigned by Vice President, CRE Portfolio Manager Team Lead
What We're Looking For:
Minimum of five years of relevant banking or credit experience required with a focus in the Commercial Real Estate or related field preferred
A bachelors degree in business or finance
Good understanding of financial statement preparation and content
Proficient in Microsoft excel and other Microsoft Office products
Working Conditions/Demands:
Professional office setting.
Primarily sedentary position requiring long periods of time working at a computer.
Must be able to move throughout the office and buildings to obtain or relay information.
Must be able to perform the essential functions of the position with or without reasonable accommodation.
More about First Internet Bank
Why Join Us?
At First Internet Bank, our workplace is built around people. Guided by four core competenciesCollaborate to Win, Adapt with Agility, Decide for Impact, and Put People Firstwe've created an environment where individuals feel empowered, supported, and inspired to do their best work. This commitment to collaboration and growth has earned meaningful recognition, including being named a Top Workplace multiple times and one of the Best Banks to Work For. We're proud of these honors because they reflect what matters most to us: our team.
This culture comes to life at our 175,000?square?foot headquarters in downtown Fishers, designed with our people in mind. Inside, you'll find thoughtfully designed workspaces, an onsite fitness center and The Backyard, our 18,000?square?foot open?air deck with fire pits, covered pergolas, a waterfall, and plenty of greenery for stepping away and recharging. Add free snacks, soft drinks, beer on tap, unlimited volunteer time off, continuous education opportunities for development and regular team events, and you'll find plenty of ways we support connection and a great workday.
Our benefits package includes the following and so much more:
Medical, Dental, and Vision Insurance for Full-Time employees - Eligibility begins on day one of employment
401(k) Retirement Plan with Generous Match for Full-Time and Part-Time employees - Eligibility begins on day one of employment
Professional Development Reimbursement
At Least 3 Weeks Paid Vacation Annually - For New Employees, Paid Vacation is Adjusted Based on Start Date
Eleven Paid Holidays
Paid Volunteer Time
Annual First Internet Bank-branded merchandise allowance
Equal Opportunity Employer - Women, Minorities, Veterans and Individuals with Disabilities
First Internet Bank of Indiana Fishers - Fishers, IN 46038
Overview
Position Type Full Time
Position Details
As a Single Tenant Lease (STL) Portfolio Manager (PM) you will provide general credit monitoring activities, administrative support and oversight to the bank's commercial real estate loan portfolio in an effort to prudently manage ongoing risk. You will work closely with the bank's credit department to obtain timely formal credit approvals. Conduct review and follow-up activities to maintain the general condition and quality of the commercial real estate loan portfolio. Typical Loans for a PM can consist of single or multiple Borrowing Entities with one or more Guarantors or Guarantor couples.
What You Will Do:
Perform consistent and accurate analysis, underwriting and preparation of Credit Approval Documents for new loan requests, renewals of existing loans or modifications to existing loans in the portfolio
Oversee the timely monitoring and collection of periodic loan servicing requirements and address documentation exceptions
Monitor delinquency reporting, and upcoming loan maturities to assure timely completion of annual reviews, loan renewals, yearly risk rating assessments and other Loan Monitoring as applicable
Perform quality control reviews to ensure loans are properly booked based on final approval conditions and executed loan documentation
Ensure all documentation is properly saved in the electronic file imaging system
Perform analysis and recommend Internal Risk Ratings on Loan Portfolio Tenants
Work with bank's third-party vendors to monitor collateral and property tax status
Assist other department personnel to ensure new loans book accurately
Assist with preparation, completion and distribution of department loan data reports for the department
Responsible for any other duties/activities assigned by Vice President, CRE Portfolio Manager Team Lead
What We're Looking For:
Minimum of five years of relevant banking or credit experience required with a focus in the Commercial Real Estate or related field preferred
A bachelors degree in business or finance
Good understanding of financial statement preparation and content
Proficient in Microsoft excel and other Microsoft Office products
Working Conditions/Demands:
Professional office setting.
Primarily sedentary position requiring long periods of time working at a computer.
Must be able to move throughout the office and buildings to obtain or relay information.
Must be able to perform the essential functions of the position with or without reasonable accommodation.
More about First Internet Bank
Why Join Us?
At First Internet Bank, our workplace is built around people. Guided by four core competenciesCollaborate to Win, Adapt with Agility, Decide for Impact, and Put People Firstwe've created an environment where individuals feel empowered, supported, and inspired to do their best work. This commitment to collaboration and growth has earned meaningful recognition, including being named a Top Workplace multiple times and one of the Best Banks to Work For. We're proud of these honors because they reflect what matters most to us: our team.
This culture comes to life at our 175,000?square?foot headquarters in downtown Fishers, designed with our people in mind. Inside, you'll find thoughtfully designed workspaces, an onsite fitness center and The Backyard, our 18,000?square?foot open?air deck with fire pits, covered pergolas, a waterfall, and plenty of greenery for stepping away and recharging. Add free snacks, soft drinks, beer on tap, unlimited volunteer time off, continuous education opportunities for development and regular team events, and you'll find plenty of ways we support connection and a great workday.
Our benefits package includes the following and so much more:
Medical, Dental, and Vision Insurance for Full-Time employees - Eligibility begins on day one of employment
401(k) Retirement Plan with Generous Match for Full-Time and Part-Time employees - Eligibility begins on day one of employment
Professional Development Reimbursement
At Least 3 Weeks Paid Vacation Annually - For New Employees, Paid Vacation is Adjusted Based on Start Date
Eleven Paid Holidays
Paid Volunteer Time
Annual First Internet Bank-branded merchandise allowance
Equal Opportunity Employer - Women, Minorities, Veterans and Individuals with Disabilities