Portfolio Manager

The role

The Portfolio Manager will oversee an assigned portfolio with a focus on Commercial Real Estate and additional responsibility for Commercial & Industrial relationships. This role involves analyzing complex transactions, monitoring credit performance, and completing annual reviews and renewals.

What you will do

• Oversee an assigned portfolio
• Monitor credit performance
• Complete annual reviews and renewals
• Proactively identify emerging risks and opportunities
• Analyze complex transactions
• Partner with Relationship Managers and Credit
• Prepare credit memoranda, annual reviews, renewals, and loan approval packages

Required qualifications

• 4+ years of commercial credit, underwriting, or portfolio management experience
• Strong CRE underwriting and portfolio management experience
• C&I underwriting, credit analysis, or portfolio management experience
• Strong knowledge of CRE lending, financial statement analysis, cash flow analysis, collateral valuation, and credit risk
• Bachelor’s degree in a related field
• Experience preparing credit memoranda, annual reviews, renewals, and loan approval packages
• Formal credit training and/or equivalent on-the-job commercial credit experience
• Strong analytical, organizational, and problem-solving skills
• Excellent written and verbal communication skills
• Ability to manage multiple relationships and priorities in a fast-paced environment
• Proficiency in Microsoft Excel, Word, and PowerPoint

Nice to have

• Experience across multiple CRE asset classes, including multifamily, industrial, retail, office, hospitality, and mixed-use
• Experience managing a portfolio that includes both CRE and C&I relationships
• Experience with complex or larger commercial transactions
• Formal bank credit training
• Experience presenting credits to senior credit officers or credit committees
• Experience with Salesforce, credit platforms, financial spreading, or portfolio management systems

Benefits

• medical
• dental
• vision
• 401k
• other benefits

About the company

Piermont Bank is a boutique specialty commercial bank focused on serving modern businesses with a digital first approach. It is the first cloud native bank launched in the United States.