Senior Vice President, Senior Credit Risk Manager - CRE

The primary objective of this position is to drive material and visible improvement in Credit Risk Management's (CRM) ability to effectively risk underwrite CRE transactions and manage an existing portfolio, consistent with industry best practices. We are seeking an experienced Senior Credit Risk for a VP/SVP role with a robust background in the commercial real estate industry.

Client Details

Multinational financial services company

Description

• Conduct thorough credit risk assessments of commercial real estate transactions, including the evaluation of Borrower's creditworthiness, property valuation, construction budgets, developer's track records, project timelines, absorptions/leasing assumptions, cash flow projections, and market conditions.
• Demonstrated ability to assess and mitigate risks in large-scale CRE deals, including stabilized assets, ground-up construction, and value-add repositionings, with a focus on complex deal structures and thorough assessment of construction budgets, rent rolls, and lease-up projections.
• Manage credit risk for large-scale transactions ranging from $75MM to $500MM across diverse property types such as multifamily, industrial, retail, mixed-use, and data centers, with plans to expand into office and hospitality sectors.
• Oversee and manage a portfolio of commercial real estate loans, ensuring that risk exposure is within the company's risk appetite. Perform annual reviews on loans within the portfolio.
• Monitor market trends, economic indicators, and property performance to identify potential risks and opportunities within the portfolio.
• Work closely with origination teams, legal, and senior management to ensure that credit risk considerations are fully integrated into business decisions.
• Prepare and present detailed credit risk reports to senior management and stakeholders, highlighting key risks, mitigants, and recommendations.
• Ensure compliance with all relevant regulations and internal policies, staying informed of changes in the regulatory environment that could impact the commercial real estate portfolio.

Profile

• Minimum of 10-15 years in credit risk management focused on commercial real estate, with notable experiences in both stabilized and construction loans.
• Strong understanding of commercial real estate underwriting, credit analysis, and market evaluation.
• Proficiency in financial modeling and risk management tools.
• Exceptional analytical and problem-solving skills, with the ability to make sound judgments based on complex data.
• Excellent written and verbal communication skills, with the ability to articulate complex risk concepts to non-specialists.
• Proven ability to lead projects, manage teams, and collaborate effectively across departments.
• In-depth knowledge of relevant regulations and regulatory frameworks affecting commercial real estate lending.
• Bachelor's degree in Finance, Real Estate, Economics, or a related field; MBA or CFA designation preferred, but not required.

Job Offer

Competitive Package

MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants.