Sr. Commercial Real Estate Relationship Manager
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Overview
Job Description
UMB’s success is directly impacted by the growth of our Commercial Real Estate loan portfolio. The team consists of Portfolio Managers, Underwriters, and Relationship Managers. This team manages Commercial Real Estate throughout its life – developing meaningful connections with management of the companies they serve. The vast majority of Commercial Real Estate loans include construction and refinancing of multi-family, office and industrial projects. Always mindful of the changes in the Commercial Real Estate industry, etc., over time that might create a change in their financial service needs. The team takes great pride in seeing a Commercial Real Estate loan project through it’s initial planning stage to completion.
As theSr. Commercial Real Estate Relationship Manager, youwillbe engaged in non-owner-occupied commercial real estate (“CRE”) lending including construction loans, interim loans, permanent loans, andrefinancing ofreal estate loans. Production goals for both new loan originations and deposits will be assigned.
How you will spend your time:
- Serve as an expert on CRE loans for the market.
- Generate new CRE loan and cross-sell opportunities with new and existing clients as well as underwrite the collateral property, market and guarantor; structure the loan; prepare the loan approval package; present the request to loan committee for consideration; and negotiate and document the loan in conjunction with the assigned Loan Closing Coordinator and outside legal counsel (as applicable).
- Oversight and mentoring of junior CRE lender(s) in the market, which may include providing training as needed as well asparticipatingin discussionsretheir loan opportunities and relationships, etc.
- Oversight of a portfolio of CRE loans, which includes the following responsibilities:
- In conjunction with the Construction Loan Disbursement Group, review monthly construction loan draw requests to ensure constructionremainson budget and on schedule.
- In conjunction with the assigned REG Portfolio Manager,monitorthe collateral property performance to ensure absorption, operating performance,etcmeet covenant requirements and are consistent with the approval and appraisal assumptions.
- In conjunction with the assigned REG Portfolio Manager, prepare renewals, modifications (as applicable)and annual reviews of the loans.
- In conjunction with the assigned REG Portfolio Manager, perform regular reviews of property and guarantor financialconditionto ensure the highest credit quality as well as the continued appropriateness of the risk rating. Recommend risk rating adjustments as needed.
- Some travel to California and / or New Mexico may be necessary.
- Represent UMB as the senior CRElender inthe market
- Other duties as assigned.
We are excited to talk toyouif:
- Bachelor’s degree or equivalent experience in related field
- 7+ years Commercial Real Estate lending and underwriting experience
- Demonstrates expert knowledge of CRE credit and underwriting
- Demonstrates strong attention to detail
- Demonstrates strong knowledge of bank products, services, and bank operations
- Demonstrates ability to be self-starter and show initiative
- Demonstrates excellent communication skills (verbal & written)
- Demonstrates ability to prospect and network at various levels within the company
- Demonstrates strong connectivity with local commercial real estate development network
- Demonstrates ability to manage time and projects effectively
- Demonstratesproficiencyin Word, Excel, PowerPoint
Compensation Range:
$99,750.00 - $214,370.00The posted compensation range on this listing represents UMB’s standard for this role, but the actual compensation may vary by geographic location, experience level, and other job-related factors. In addition, this range does not encompass the full earning potential for this role. Please see the description of benefits included with this job posting for additional information
UMB offers competitive and varied benefits to eligible associates, such as Paid Time Off; a 401(k) matching program; annual incentive pay; paid holidays; a comprehensive company sponsored benefit plan including medical, dental, vision, and other insurance coverage; health savings, flexible spending, and dependent care accounts; adoption assistance; an employee assistance program; fitness reimbursement; tuition reimbursement; an associate wellbeing program; an associate emergency fund; and various associate banking benefits. Benefit offerings and eligibility requirements vary.
Are you ready to be part of something more?You're more than a means to an end—a way to help us meet the bottom line. UMB isn't comprised of workers, but of people who care about their work, one another, and their community. Expect more than the status quo. At UMB, you can expect more heart. You'll be valued for exactly who you are and encouraged to support causes you care about. Expect more trust. We want you to do the right thing, no matter what. And, expect more opportunities. UMBers are known for having multiple careers here and having their voices heard.
UMB and its affiliates are committed to inclusion and diversity and provide employment opportunities to all employees and applicants for employment without regard to race, color, religion, sex (including gender, pregnancy, sexual orientation, and gender identity), national origin, age, disability, military service, veteran status, genetic information, or any other status protected by applicable federal, state, or local law. If you need accommodation for any part of the employment process because of a disability, please send an e-mail to talentacquisition@umb.com to let us know the nature of your request.
If you are a California resident, please visit our Privacy Notice for California Job Candidates to understand how we collect and use your personal information when you apply for employment with UMB.
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