About this role
The VP, Sr Portfolio Manager - Healthcare Commercial Real Estate is responsible for servicing a mature portfolio of Medical Office Building loans as part of FCB’s Commercial Finance – Healthcare Real Estate business unit. Key functions include the ongoing assessment of the financial and credit quality of the assigned loan portfolio through prescribed servicing processes and procedures. In addition, a key attribute to the role is to build and maintain strong relationships with institutional clients in accordance with the Bank’s core values.
Responsibilities
- Portfolio Management - Monitors portfolio for completeness of reporting, accuracy of credit grading, and risk of potential exposures.
- Manages assigned portfolio as per loan servicing requirements including but not limited to loan reporting, borrower requests, and loan extensions / modifications. Additional responsibilities may include underwriting efforts associated with loan refinancings, amendments and/or interest rate hedges.
- Client Service - Maintains ongoing communication and contact with assigned Medical Office clients and syndicate lenders. Fortifies relationships and monitors client satisfaction.
- Collections - Monitors loans for payment status. Works with delinquent clients to collect past due payments
Qualifications
Required:
Bachelor's Degree and 6 years of experience in Credit Analysis, Credit Underwriting OR High School Diploma or GED and 10 years of experience in Credit Analysis, Credit Underwriting
Preferred:
- Bachelor's Degree and 4 years of experience in Commercial Real Estate Finance; Medical Office, Retail, and/or Industrial Property Types; Debt or Equity Investment Analysis
If hired in New York, New York, the base pay for this position is generally between $145,000.00 and $180,000,00. Actual starting base pay will be determined based on skills, experience, location, and other non-discriminatory factors permitted by law. For some roles, total compensation may also include variable incentives, bonuses, benefits, and/or other awards as outlined in the offer of employment.
Benefits are an integral part of total rewards and First Citizens Bank is committed to providing a competitive, thoughtfully designed and quality benefits program to meet the needs of our associates. More information can be found at https://jobs.firstcitizens.com/benefits.
Other facts
About First Citizens Bank
First Citizens Bank helps personal, business, commercial and wealth clients build financial strength that lasts. Headquartered in Raleigh, N.C., First Citizens has built a unique legacy of strength, stability and long-term thinking that has spanned generations. First Citizens offers an array of general banking services including a network of more than 500 branches and offices in 30 states; commercial banking expertise delivering best-in-class lending, leasing and other financial services coast to coast; innovation banking serving businesses at every stage; and a nationwide direct bank. Parent company First Citizens BancShares, Inc. (NASDAQ: FCNCA) is a top 20 U.S. financial institution with more than $200 billion in assets.
Visit firstcitizens.com or call toll-free 1.888.FC DIRECT (1.888.323.4732). First Citizens Bank. Forever First®. Member FDIC. Equal Housing Lender.
Social Media Terms of Use: https://www.firstcitizens.com/socialterms
What you'll do
- The VP, Sr Portfolio Manager is responsible for managing a portfolio of Medical Office Building loans, ensuring financial and credit quality through servicing processes. Key responsibilities include monitoring loan performance, managing borrower requests, and maintaining strong client relationships.
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