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Senior Relationship Manager - Commercial Real Estate

IDB BankNew York, New York, United States
On-site Full-time $150K/yr - $180K/yr

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Experience Level

Mid to Senior

Qualifications

Qualifications:Bachelor's degree in Finance, Business Administration, or a related field.5+ years of experience in commercial real estate banking or related financial services. Strong analytical skills with a proven track record in financial modeling and risk assessment. Excellent communication and interpersonal skills, with the ability to build and maintain relationships. Proficiency in loan underwriting and credit analysis.

About the job

Senior Relationship Manager - Commercial Real Estate

Company Overview

With over 70 years of dedicated service, IDB Bank is committed to being the premier bank for our clients by prioritizing their needs. Our success is driven by our exceptional team, consisting of highly skilled professionals who are passionate about delivering outstanding service and fostering collaboration. We take pride in our inclusive work environment and offer a competitive benefits package, including generous paid time off and immediate participation in our medical coverage and 401(k) plan. At IDB, we value diversity and strive to provide equal opportunities for all team members to thrive and contribute meaningfully.

Role Overview

  • Facilitate the Bank's commercial real estate banking operations.
  • Identify and cultivate new customer relationships, focusing on:
    • New loan opportunities
    • New deposit accounts
    • Cross-selling bank services and non-credit products, including treasury products, cash management, private banking, and wealth management investment products.
  • Evaluate potential loan opportunities through:
    • Financial modeling of collateral properties
    • Property inspections
    • Assessment of sponsors and guarantors
    • Preparation of Opportunity Memoranda
    • Negotiation of term sheets
    • Client proposal presentations
  • Supervise underwriters or directly underwrite new loan opportunities and modifications, including:
    • Creating internal memoranda and analyses
    • Collaborating with Credit Risk Management, Compliance, and senior lending personnel for efficient processing
    • Preparing comprehensive CRE lending packages
    • Presenting loan recommendations to the Credit Committee
  • Manage the closing of approved loans, ensuring accurate documentation and compliance with terms.

About IDB Bank

IDB Bank has been a reliable financial partner for over 70 years, putting client satisfaction at the forefront of our operations. Our skilled professionals work collaboratively to provide exceptional service, ensuring that our clients' needs are met with precision and care. We are committed to fostering a diverse and inclusive workplace that empowers all employees to succeed.

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