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 the Sr. Commercial Real Estate Officer , you will be engaged in non-owner-occupied commercial real estate ("CRE") lending including construction loans, interim loans, permanent loans, and refinancing of real 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 as participating in discussions re their 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 construction remains on budget and on schedule.
In conjunction with the assigned REG Portfolio Manager, monitor the collateral property performance to ensure absorption, operating performance, etc meet 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 financial condition to 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 CRE lender in the market
Other duties as assigned.
We are excited to talk to you if:
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
Demonstrates proficiency in Word, Excel, PowerPoint
Compensation Range:
$69,230.00 - $149,000.00
The 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.
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