Senior Portfolio Manager

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VP Portfolio Manager Team Lead C&I and CRE – Elmwood Park, NJ

• FinTrust Connect is excited to announce that we have partnered with a well-established community bank in search of an experienced VP Portfolio Manager Team Lead for C&I and CRE in Elmwood Park, NJ. This individual will be responsible for overseeing and managing a combined portfolio of commercial and industrial (C&I) and commercial real estate (CRE) loans.

Why this Opportunity?

• Culture: This bank values a strong team-oriented culture that prioritizes inclusivity and professional development. They believe in creating a supportive and collaborative work environment where all employees feel valued and empowered to reach their full potential. This institution is committed to fostering a positive and family-like atmosphere within the bank and to provide opportunities for career advancement and growth for their employees.

• Workplace (On-site, Hybrid, Remote): 100% On-site in Elmwood Park, NJ

Requirements:

• College Degree.
• Minimum of ten (10) years of experience in managing complex commercial loan portfolios, particularly in C&I and CRE environments.
• Formal credit training.
• Strong analytical and Excel skills to manage data intensive tasks and reporting.
• Proven leadership capabilities with experience in training and mentoring staff.
• Familiarity with middle market deals and complex credit situations, including workouts.
• Experience with lending underwriting and collections, highlighting a comprehensive understanding of the financial landscape.

Description:

• Oversee and manage a combined portfolio of commercial and industrial (C&I) and commercial real estate (CRE) loans.
• Conduct annual reviews, stress tests, and monitor loan portfolios, including implementing new systems for CRE management.
• Mentor and train junior staff members, manage audits, and oversee the responsibilities of 5 CRE and 2 C&I portfolio managers.
• Develop high level reports for executive management and participate in strategic planning to enhance portfolio performance.
• Serve as a deputy to the department head, contributing to leadership and strategic direction.