Commercial Real Estate Portfolio Manager

Job Description

Job DescriptionJob ProfileJob Title: CRE Portfolio ManagerLocation: Buffalo, NYHire Type: Direct Pay Range: $100-110k plus bonusWork Model:Onsite Nature & Scope:Positional OverviewAre you a talented Commercial Real Estate Portfolio looking to join an innovative and dynamic team? Look no further! We are excited to announce an exceptional opportunity at our client’s company for a skilled CRE Portfolio Manager who is passionate about tackling complex challenges. The Commercial Real Estate (CRE) Portfolio Manager is a key role responsible for overseeing the performance of servicers managing CMBS and CRE CLO portfolios, acting on behalf of the firm as an Operating Advisor. This position involves critical credit analysis, defaulted loan servicing oversight, risk assessment, transaction monitoring, and stakeholder communication. The ideal candidate will combine strong analytical and project management skills with expertise in CRE underwriting or servicing. The role also supports broader CRE business initiatives including loan valuations, advisory services, and litigation support, requiring a high level of professionalism, attention to detail, and industry knowledge.Role & Responsibility:Tasks That Will Lead To Your Success

• Perform regular monthly reviews of assigned Portfolios to assess overall servicer performance, portfolio risk, and trending activity. Assess and project risk for watch list and delinquent loans within the portfolio.
• Perform on-demand reviews and written analysis of certain servicer activities, with a high emphasis on defaulted loan servicing, including business plans, strategy reports, NPV calculations, appraisal reports, and representations & warranty breach reviews.
• Prepare annual reports on servicer performance with respect to the standards set forth in the governing transaction documents. Make recommendations based on ongoing analyses for replacing servicers.
• Responsible for adherence to contractual and regulatory performance of duties for assigned portfolio.
• Assist in the bidding for new assignments and negotiate CMBS transaction documents (working with counsel and business partners) within the company’s risk appetite.
• Provide direct or analytical support for other assignments including CRE property and loan valuations, workout advisory, loan sale advisory, bond valuations, and litigation support.

Performance Measurements:

• All contractual obligations within assigned portfolio are met in a timely and satisfactory manner.
• Portfolio monitoring activities are performed in compliance with internal operating practices.
• Conclusions and recommendations are communicated clearly and accurately
• Consistent and high level analysis demonstrated in evaluations of servicing activity. Ability to articulate and defend the Company’s recommendations and consultations to servicers and other transaction parties.
• Strong communication and demonstrated relationship building with external clients, servicers, and vendors.
• New deals close in a timely manner, with all pertinent issues identified and addressed.
• Valuation and other assignments are performed in an accurate and timely manner.

Skills & ExperienceQualifications That Will Help You ThriveRequired Knowledge:

• 3-5 years’ experience in CRE Credit Analysis, Underwriting, or Workout experience.

OR

• 3-5 years’ experience in commercial mortgage special servicing, special assets, portfolio risk monitoring, loan review, or related field
• Solid understanding of the financial markets generally, with good all-round product knowledge.
• Advanced knowledge of lending and credit risk management practices specific to commercial real estate is preferred.
• Proficiency in Microsoft Word, Excel, and PowerPoint. Argus modeling a plus.

Skills/Abilities:

• Excellent written and oral communication skills.
• Balance of both analytical and comprehensive skills to deliver qualitative work product.
• Attention to detail.
• Ability to perform in a stressful environment and balance competing priorities.
• Willingness to travel, oftentimes with minimal notice
• Ability to work in an entrepreneurial environment with a desire to work on new projects and assignments
• Proficiency in Microsoft Office suite with emphasis on Word, Excel, and PowerPoint.