Portfolio Manager II - CRE
Provident BankNew Jersey, United States
Posted August 6, 2025
92300 - 131800 USD year
Full Time
About the Company
Provident Bank offers personalized financial services and solutions to individuals and businesses with a legacy of trust.
Job Description
Provident Bank is seeking a Portfolio Manager II - CRE to join their financial institution in New Jersey. This position involves overseeing multiple CRE loan portfolios, assisting Lenders with project economics, financial review, and loan modifications. It's a more experienced role within the Commercial Real Estate finance industry, focusing on CRE construction and permanent mortgages.
Requirements
- Monitor maturities and past dues.
- Monitor covenant compliance of the CRE portfolio.
- Prepare Annual Reviews to assess credit quality and covenant compliance.
- Prepare short term extensions, modifications, borrower contact and comprehensive financial review of both individual and project economics and valuation.
- Prepare detailed Excel Group Exposure Chart.
- Request quotes/order appraisal and environmental reports.
- Proficient with Microsoft Word, Excel & Argus, financial analysis programs and discounted cash flow models.
- Strong verbal and written communication and analytical skills.
- Proficient with software programs and financial analysis programs.
- Strong customer service skills.
Benefits
- 401k Matching
- Medical, Dental and Vision
- Flexible and Health Savings Accounts
- Disability Insurance
- Employee Assistance Program
- Basic Life Insurance
- Tuition Disbursement and Loan Repayment programs
- Volunteer Opportunities
