Sign up to access all features of our service.
  • Job search
  • Favorites
  • Create a CV
    New
  • Salaries
  • Subscriptions

Portfolio Manager III

$111.41k - $189.74k

City National Bank

Portfolio Manager III- Commercial Real Estate WHAT IS THE OPPORTUNITY? The Portfolio Manager is part of the credit management team focused on the long-term risk-adjusted returns for the bank within the assigned business segment and/or geographic area(s). This individual manages a sub-set of existing credits and is a key partner in the origination of new credits. Primary Responsibilities Include The Commercial Real Estate Credit [Products/Solutions] team provides underwriting and proactive portfolio management expertise to the Bank's CRE clients, including private individuals and family offices, and institutional funds/investors/developers. Colleagues will partner across numerous bank lines and divisions to provide tailored CRE lending solutions to clients, while proactively identifying risk on new and existing credits within the portfolio through a combination of internal and external resources. CRE portfolio includes a variety of loan products secured or supported by varying asset types. Provide comprehensive credit recommendations and presentations to key risk partners related to prospect(s) and existing clients of the bank (including moderate to complex new credit structures, modifications, and extensions) based on a comprehensive review of the borrower(s) and guarantor(s)' financials (which may include current and historical financial statements, tax returns, projections and/or cash flow proformas.) This individual is expected to present credit recommendations within the bank's risk appetite and framework and follow the bank's policies, processes and procedures. This individual is expected to be responsive to their clients' credit needs with an elevated level of client service and credit acumen to address their needs appropriately and timely. This individual is responsible for the ongoing oversight and management of its portfolio (including timely risk rating assessments, reporting covenants, covenant compliance, and the preparation of quarterly and annual reports.)

WHAT WILL YOU DO?

Teamwork: Mentors junior colleagues, fosters a culture of continuous improvement and professional growth. Portfolio Management: Owns and manages an assigned credit portfolio, ensuring alignment with organizational goals and risk management practices, including underwriting all types of credit exposures, managing credit risk, and responding to prospective client inquiries. Credit Analysis: Analyzes credit data and performs underwriting to assess creditworthiness and recommend appropriate structures to the Sales team and client. Prepare underwriting memorandums and approval documents for presentation to Credit Risk. Performance Monitoring: Performs portfolio management activities to monitor and analyze portfolio performance, including periodic reviews and covenant tracking. Data Analysis: Analyzes credit data to support underwriting and creditworthiness assessments including developing and presenting individual credit recommendations. Risk Management: Practices effective risk management, maintaining high standards of credit quality and origination in alignment with Bank’s credit risk appetite, and compliance with institutional and regulatory requirements. Collaboration: Partners with Relationship Manager(s) to successfully manage credit account relationships. Work closely with cross-functional teams to ensure cohesive and effective credit operations to achieve the Bank’s strategic initiatives. Participate in ad-hoc projects to support the organization’s priorities. Client Service: Provides exceptional client service by maintaining professionalism and effectively interacting with clients to understand their needs and provide tailored credit solutions. Participate in joint sales pitches with Relationship Manager(s).

WHAT DO YOU NEED TO SUCCEED?

Required Qualifications* Bachelor's Degree or equivalent in Finance, Business or related field Minimum 4 years of progressively increasing credit underwriting and portfolio management experience in relevant industry/industries Additional Qualifications Advanced experience in credit management and lending operations, with a strong understanding of risk management principles Desire to build leadership and coaching skills, with the ability to train and develop talent Strong communication and collaboration skills, with the ability to work effectively with senior leadership and cross-functional teams Advanced analytical skills, with the ability to interpret complex data and make informed decisions Industry-specific knowledge and expertise Compensation Starting base salary: $111,408 - $189,738 per year. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions. Benefits and Perks Benefits At City National, we strive to be the best at whatever we do, including the benefits and perks we offer our colleagues including: Comprehensive healthcare coverage, including Medical, Dental and Vision plans, available the first of the month following start date Generous 401(k) company matching contribution Career Development through Tuition Reimbursement and other internal upskilling and training resources Valued Time Away benefits including vacation, sick and volunteer time Specialized health and family planning benefits including fertility benefits, and cancer, diabetes and musculoskeletal support programs Career Mobility support from a dedicated recruitment team Colleague Resource Groups to support networking and community engagement Get a more detailed look at our Benefits and Perks. About Us Since day one we've always gone further than the competition to help our clients, colleagues and communities flourish. City National Bank was founded in 1954 by entrepreneurs for entrepreneurs and that legacy of integrity, community and unparalleled client relationships continues today. City National is a subsidiary of Royal Bank of Canada, one of North America’s leading diversified financial services companies. To learn more about City National and our dynamic company culture, visit us at About Us.

INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENT

City National Bank fosters an inclusive environment where all forms of diversity are valued and leveraged to make us a better company and employer. We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sexual orientation, gender identity, national origin, disability, veteran status or other basis protected by law. It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability. Represents basic qualifications for the position. To be considered for this position, you must at least meet the required qualifications. careers.cnb.com accepts applications on an ongoing basis, until filled. Unless otherwise indicated as fully remote, reporting into a designated City National location is an essential function of the job. #J-18808-Ljbffr City National Bank

Vacancy posted 2 days ago
Similar jobs that could be interesting for youBased on the Portfolio Manager III in New York, NY vacancy
  • $99.86k - $110.95k

     ...considering opportunities with us! Job Title Insurance Analyst III - Remote Requisition Number R7945 Insurance Analyst III -...  ...and the capability of multi-tasking and strong time management ~ Ability to make effective formal presentations ~ Strong oral... 
    Suggested
    Hourly pay
    H1b
    Work at office
    Remote work
    Work from home
    Flexible hours

    CSAA Insurance Group, a AAA Insurer

    New York, NY
    20 hours ago
  • Accountable for the long-term performance and value creation of renewable energy assets, the full-time Portfolio Manager III will manage portfolio performance, oversee OEM relationships, and ensure system maintenance while working in a hybrid environment. Key responsibilities... 
    Suggested
    Full time

    Virtual Vocations Inc

    New York, NY
    3 days ago
  •  ...Our ClientClient is a fast-growing fintech firmJob DescriptionPortfolio Manager ResponsibilitiesAs part of the clients registered investment advisory business, you will oversee discretionary portfolios of structured investments, making independent buy and sell decisions... 
    Suggested

    Page Executive

    New York, NY
    15 hours ago
  • Portfolio Manager II Ultimately this role is accountable for ensuring the safe, reliable, and optimized performance of Solar and EV Charging assets across the fleet. This responsibility is carried out by strategically managing Field Service Partners (FSPs) within the assigned... 
    Suggested
    For subcontractor
    Work at office
    Remote work
    Flexible hours

    SunStrong Management, LLC

    New York, NY
    2 days ago
  • $120k - $160k

     ...The Information Security GRC Analyst III, Controls Assurance (Fanatics Corporate)...  ...direct exposure across the full Fanatics portfolio: you will work daily with business units...  ...knowledge of core control domains: access management and access reviews, privileged access, change... 
    Suggested
    Temporary work

    Fanatics Inc.

    New York, NY
    4 days ago
  • $100k - $200k

     ...Portfolio ManagerNew YorkFounded 20 years ago and headquartered in Chicago, the DV Group of financial services firms has grown to more...  ...firm utilizing its own capital, trading strategies, and risk management methodologies to provide liquidity to worldwide financial markets... 
    Worldwide

    DV Trading

    New York, NY
    3 days ago
  •  ...The Portfolio Manager will be responsible for managing a developed and extensive commercial loan portfolio. This position will work with Commercial Relationship Officers, Loan Assistants, and customers to gather relevant needed information, prepare documents, obtain financial... 
    Contract work

    Renasant

    New York, NY
    4 days ago
  •  ...Project Portfolio Manager Manage project plans, schedules, deliverables, and budgets across multiple concurrent initiatives. Develop and maintain financial forecasts, budget tracking reports, and executive-level dashboards. Facilitate project meetings, stakeholder reviews... 

    Insight Global

    New York, NY
    3 days ago
  • $70k - $95.8k

     ...and business needs. Job Description: The Business Banking Credit Portfolio Officer role is responsible for supporting credit underwriting...  ...'s risk appetite. This role reports to the Commercial Credit Manager that supports the market. Responsibilities: Analysis of client... 
    Work at office
    Flexible hours
    Shift work
    Day shift

    Bank of America

    New York, NY
    4 days ago
  • $112.2k - $209k

     ...experience. Provides technical expertise for all aspects of investment management and administration to ensure compliance. Works collaboratively...  ...and referral sources to grow business in the assigned portfolio / jurisdiction.Enhances presence in the marketplace by... 
    Contract work
    Part time
    Local area
    Shift work

    Bank of Montreal

    New York, NY
    1 day ago
  • $120k - $125k

     ...estimate of the range of possible compensation at the time of posting. Position Summary Reporting to the Asset Director, the Portfolio Manager of Residential Operations is expected to execute Columbia Residential’s capital and non-capital financial strategies to achieve... 
    Temporary work
    For contractors
    Work at office
    Local area

    Columbia University Facilities & Operations

    New York, NY
    2 days ago
  •  ...currently partnering with one of the most impressive and well-established traditional asset managers in the industry as they look to hire a Senior Quantitative Researcher / Portfolio Manager to join their systematic investment platform, with a focus on Systematic Equities... 

    Alexander Chapman

    New York, NY
    3 days ago
  •  ...About the Role A senior portfolio manager at a multi‑billion‑dollar AUM energy trading fund built for experienced risk‑takers. PMs handle meaningful risk (up to roughly $10 million VaR) with real economics (15 % of the book). Strong central analytics & risk enable focus... 

    Storm4

    New York, NY
    15 hours ago
  • $160k - $220k

    About the RoleiCapital is seeking two mid-senior level investment professionals for its portfolio management team, who will each be responsible for building and managing an evergreen portfolio comprised of private equity and/or private real asset investments. Each hire... 
    Full time
    Work at office
    Remote work

    iCapital Network

    New York, NY
    a month ago
  •  ...Job Type: Full-time Salary Range: 110k SUMMARY We are looking for a candidate who will be responsible for active and dynamic portfolio management and monitoring of the Banking Americas lending portfolio with a focus on optimizing profitability and capital usage.... 
    Full time
    Shift work

    The Windsor Consulting

    New York, NY
    15 hours ago
  • $140k - $150k

     ...Sr. Associate - Portfolio Management Location: New York, NY (in office at least 3 days a week) What you’ll do You’ll be joining a team that genuinely cares about what we do and how we do it. As a Sr. Associate Portfolio Manager, you’ll be playing a key role in the day... 
    Work at office
    Remote work
    Shift work
    3 days per week

    Ethic

    New York, NY
    3 days ago
  •  ...Own day-to-day oversight of a CRE and C&I loan portfolio - monitoring performance, tracking covenants, and flagging issues early Lead initial underwriting and deal structuring for new and existing relationships, including financial modeling, cash flow analysis, and credit... 

    JCW Group

    New York, NY
    3 days ago
  •  ...The Investment Professional/Front Office Recruiting team at JW Michaels & Co. is working on several exciting LONG/SHORT EQUITY PORTFOLIO MANAGER mandates for locations across the globe. All viable PMs (& Teams) with proven track records are encouraged to apply. Ideal... 
    Full time
    Remote work
    Relocation package

    JW Michaels & Co.

    New York, NY
    4 days ago
  •  ...breed winners. Responsibilities Analyze financial statements and investment proposals for viability. Utilize CRM tools to track and manage investment pipelines. Conduct market research to identify potential investment opportunities. Monitor and evaluate the performance... 
    Full time
    Contract work
    Part time
    Internship
    Remote work

    Career Launch AI

    New York, NY
    2 days ago
  •  ...and ranks among the world’s largest owners, operators, and developers of renewable power. The company manages $125 billion in power assets and operates a diverse portfolio spanning hydro, wind, solar, distributed energy, storage, and sustainable solutions across five... 

    ImpactAlpha Inc.

    New York, NY
    4 days ago
  • $150k - $170k

     ...leading community-scale, clean energy developer with a growing portfolio of projects across a range of technologies, NineDot Energy is...  ...communities we serve. With the backing of Manulife Investment Management and The Carlyle Group - two of the world’s leading infrastructure... 
    Local area

    NineDot Energy

    New York, NY
    3 days ago
  •  ...The Tepper Foundation is expanding its portfolio team to advance their mission and meet goals for supporting and expanding grantee impact across the country. The Portfolio Manager will provide critical guidance across the portfolio areas as the Foundation continues to... 

    The Tepper Foundation

    New York, NY
    2 days ago
  • $150k

     ...Advisor within a 5B+ AUM RIA in Midtown Manhattan is seeking a Portfolio Analyst to support his practice of 250M+ AUM across 25 high...  ...portfolio strategies and market views as well as overall wealth management advice Participate in firm-wide investment committee meetings... 
    Full time

    Leah Yosef International

    New York, NY
    15 hours ago
  •  ...Position Overview The Portfolio Manager is a critical operational role responsible for executing daily portfolio management and trading activities for AIM's sub-advisory clients. Working under the supervision of the Director, Head of RIA Portfolio Management, you will... 
    Work from home

    Apex Fintech Solutions UK Ltd.

    New York, NY
    2 days ago
  • $145k - $185k

     ...Job Summary Senior Portfolio Manager Initio Capital Full-time, Part-time, Contract, Temporary, Internship, Casual Hybrid | New York, NY, United States Senior Portfolio Manager – Initio Capital Location: New York, NY Employment Type: Full-Time... 
    Full time
    Contract work
    Temporary work
    Part time
    Casual work
    Internship

    Initio Capital

    New York, NY
    15 hours ago
  • $200k - $225k

     ...Portfolio Manager - New York Company: Pharo Management is a leading global macro hedge fund with a focus on Emerging Markets. Founded in 2000, the firm currently manages approximately $8 billion in assets across four funds. Pharo trades foreign exchange, sovereign... 
    Full time
    Work at office
    Local area

    Pharo Management LLC

    New York, NY
    1 day ago
  • $145k - $185k

     ...Job Description Job Description Job Summary Portfolio Manager Initio Capital Full-time, Part-time, Contract, Temporary, Internship, Casual Hybrid | New York, NY, United States Portfolio Manager – Initio Capital Location: New York, NY Employment... 
    Full time
    Contract work
    Temporary work
    Part time
    Casual work
    Internship

    Initio Capital

    New York, NY
    21 days ago
  • $100k - $130k

     ...Company: Real Estate Firm Role: Portfolio Property Manager - Luxury Residential Salary: $100,000 - $130,000/annually Location: New York City - On-site 5x week About the role Our client, a real estate developer and property management firm, is seeking an experienced Portfolio... 
    For contractors
    Shift work

    Vaco by Highspring

    New York, NY
    15 hours ago
  • $145k - $185k

     ...States.Responsibilities & QualificationsDuties & Responsibilities:Portfolio Strategy - Develops and implement TMT investment policies....  ...acquisition and sales efforts with high-net-worth clients.Portfolio Management - Oversees selection and trading of securities and effective... 
    Work at office

    First Citizens Bank

    New York, NY
    4 days ago
  • $75k - $110k

    ## Investment Banking Analyst II/III - Private Credit Group (New York)Apply: New York,...  ...* Coordinate internal deal approvals and manage documentation workflows.* Liaise with legal...  ...teams during transaction execution.**Portfolio & Market Monitoring*** Track performance... 
    Full time
    Work experience placement

    Raymond James Financial, Inc.

    New York, NY
    4 days ago

Do you want to receive more vacancies?

Subscribe and receive similar vacancies to Portfolio Manager III. Be the first to apply!