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Full-Time

Relationship Manager

Confirmed live in the last 24 hours

IDB bank

IDB bank

1,001-5,000 employees

Fintech

Compensation Overview

$100k - $140kAnnually

+ Bonus

Mid, Senior

New York, NY, USA

Category
Real Estate
Real Estate Finance
Required Skills
Communications
Management
Requirements
  • Bachelor's degree with preferred but not required concentrations in finance, economics, real estate, accounting or related subjects.
  • Minimum 3-7 years of experience in commercial real estate lending or investment
  • Strong analytical and computer skills with a thorough knowledge of Excel including the ability to perform cash flow analyses and create financial models. Working knowledge of Argus a plus.
  • Desire to work at a high level, learn, take ownership of assigned tasks, and work extended hours as necessary; and
  • Highly motivated, quick learner
  • Strong interpersonal, written and verbal communication skills.
  • Team player – positive can-do attitude
  • Sophisticated financial skills, quantitative underwriting skills, and a capital markets perspective with ability to structure loans to achieve Bank’s investment requirements.
Responsibilities
  • Manage a lending and deposit portfolio of existing CRE banking clients.
  • Act as the client’s primary Bank contact and oversee the portfolio and development of the existing portfolio inclusive of loans/accounts.
  • Review of lending transaction’s credit parameters, loan documentation, and other reports related to CRE transactions as well as managing the account from origination through loan closing.
  • The Associate RM will be responsible for overseeing the portfolio through loan maturity with the help and support of the NY CRE Portfolio Management team.
  • Present to Senior Management new and modification approvals and portfolio updates.
  • Participate in business development efforts: you will have a quantitative production goal inclusive of long-term renewals within your existing portfolio. However, Senior lenders / Management will provide deal flow and you will not be expected to source your own deals so there will be no new client acquisition targets for this role.
  • Will partner with more senior CRE Relationship Managers on larger more complicated transactions and have the ability to further develop senior RM skills.
  • Assist with all aspects of relationship/loan life cycle functions including but not limited to deal screening, term sheet preparation, negotiation and loan closing process.
  • Preparation of cash flow modeling scenarios.
  • Recommending competitive loan structures with thoughtfulness and creativity.
  • Work with multitude of asset classes including but not limited to multifamily, retail, office, industrial and hotel.
  • Evaluate different loan types including land, construction, bridge and stabilized properties.
  • Work closely with the Portfolio Management team on loan modifications, waivers, and lease approvals.
  • Develop strong cross-functional relationships across the Bank, so that you can better serve clients.
  • Interface closely with the Bank’s credit and underwriting functions, to move transactions through the internal approval process.
  • Maintain strong dialogue and relationship with Bank’s outside counsel and vendors that serve the Banks’s client base.
  • Take an increasingly active role in the negotiation of loan documents.

Company Stage

N/A

Total Funding

N/A

Headquarters

New York City, New York

Founded

N/A

Growth & Insights
Headcount

6 month growth

3%

1 year growth

3%

2 year growth

3%
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Simplify's Take

What believers are saying

  • Without detailed information, it's difficult to ascertain specific bullish outcomes for working at IDB Bank.

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What makes IDB bank unique

  • IDB Bank's lack of a provided company description makes it challenging to identify specific differentiators without additional context.