Real Estate Loan Officer/Relationship Manager

Please fill in the information below and use the navigational buttons to continue.
Warning: Using your browser's Back and Forward buttons may produce undesirable results.
Company Information
Israel Discount Bank of New York, also known by its registered service mark, “IDB Bank”, is a full service commercial bank chartered by the State of New York and a member of the Federal Deposit Insurance Corporation (FDIC). Our liquidity and capital ratios are strong, and we are ranked by Crain’s New York Business as the 24th largest commercial bank in the New York area.  the Bank provides equal employment opportunities to all employees and applicants for employment without regard to race, color, religion, sex, sexual orientation, national origin, age, disability, genetic status, citizenship status, marital status, military or veteran status, current unemployment or any other legally protected category in accordance with applicable federal, state and local law.
 
Job Summary
 
Support the Bank’s commercial real estate banking activities.
Job Description
 
  • Source new customer relationship opportunities, including;
    • New loans;
    • New deposits;
    • Cross selling bank services and non-credit products, including:
      • Treasury products (e.g. swaps and caps);
      • Cash Management;
      • Private Banking;
      • Wealth Management investment products.
  • Analyze new loan opportunities, including:
    • Collateral property financial modeling;
    • Collateral property inspection;
    • Sponsor evaluation;
    • Guarantor financial strength and universal cash flow evaluation;
    • Preparation of Opportunity Memoranda;
    • Term sheet preparation and negotiation;
    • Ability to present proposals to clients.
  • Oversee underwriters and/or directly underwrite new loan opportunities and modifications of existing loans, including:
    • Prepare internal memoranda and associated analyses;
    • Interface with Credit Risk Management, Compliance, Credit Administration and senior lending personnel to effect efficient processing of new loan underwriting;
    • Prepare CRE lending packages for presentation, including appropriate research and analysis, stress testing, spreads, etc.;
    • Present loan recommendations to the bank’s Credit Committee.
  • Close approved loans, including:
    • Interface with bank counsel to prepare loan documents which accurately reflect the terms contained in the approved loan underwritings;
    • Knowledge of real estate loan documents and ability to explain all aspects of documents to Borrower;
    • Interface with the bank’s Due Diligence department as needed to affect consummation of the third party consultant reports (e.g. appraisal, environmental assessment, property condition assessment, etc.);
    • Interface with insurance companies to obtain required insurance coverage and required endorsements;
    • Interface with title insurance companies to assure bank required lien position and protective endorsements are obtained;
    • Interface with the lending area’s administrative officer to facilitate the following on the date of closing;
      • Closing related memoranda/approvals;
      • Loan boarding;
      • Application fee reconciliation;
  • Manage a loan portfolio, including:
    • Past due loan monitoring and collection;
    • Maturing loan management;
    • Loan covenant monitoring and enforcement;
    • Preparation of annual reviews, including site inspections, for each term loan;
    • Outstanding document and financial reporting monitoring and collection;
    • Collateral adequacy monitoring and internal reporting;
    • Preparation of criticized loan memoranda;
  • Interface in a courteous, efficient and professional manner with other areas of the bank that support  loan and deposit gathering and management, including:
    • NY Real Estate personnel
    • Credit Risk Management
    • Executive officers, particularly the Chief Lending Officer
    • Loan Operations Department
    • Credit Administration Department
    • Deposit Operations Department
    • Cash Management Department
    • Compliance Department
  • Adherence to Compliance matters, including:
    • Completion of all Compliance testing in a timely manner
    • Particularly strong KYC skills
Competencies:
 
  • 5 to 15 years commercial real estate lending experience, preferably on a commercial bank platform;
  • Experience with financing term, bridge, line and construction opportunities secured by CRE;
  • Proficiency in the Microsoft Office software suite and Salesforce, Rims and Fiserv,
  • Strong verbal and written communication skills;
  • Demonstrated ability to work in a team environment and contribute to internal leverage;
  • Occasional travel required;
  • Capacity to work independently and with motivation to achieve goals with minimum supervision;
  • Proven business development skills;
  • Proven track record of superior financial sales performance;
  • Stay abreast of market trends and develop/maintain a network of referral sources;
  • Responsiveness, judgment, maturity, integrity and time management skills are required.
  • Minimum Four year college degree, BA or MBA
 
Disclaimer
 
The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified. All personnel may be required to perform duties outside of their normal responsibilities from time to time, as needed.
 
 
First Name *
Last Name *  
Email Address *  
Country *  
Address Line 1 *  
Address Line 2  
City *  
State *  
Zip Code *  
Daytime Phone *  
Evening Phone  
 
Voluntary Self-Identification Information
Completion of this information is voluntary and is not a requirement. This information will in no way affect the decision regarding your application. This information will be kept confidential.
EEO*   "EEO is the Law" poster     "EEO es la Ley" cartel     Why are we asking?
"EEO is the Law" Supplement
Suplemento del documento "EEO es la Ley"
Pay Transparency Policy Statement
      Gender  

      Ethnicity   Hispanic or Latino
Not Hispanic or Latino

      Race
         Select one or more values
 
American Indian or Alaska Native
Asian
Black or African American
Native Hawaiian or Other Pacific Islander
White
Two or More Races
  Protected Veteran Status*
  If this employer is not a federal contractor or subcontractor, they are not required to report on applicant Protected Veteran Status. Click the Why are we asking? link for more information.
      Why are we asking?     What is a Protected Veteran?
 



  Section 503 Disability Status
  If this employer is not a federal contractor or subcontractor, they are not required to report on applicant Section 503 Disability Status.
 
 
 
 



  Notice*
  UNDER MARYLAND LAW AN EMPLOYER MAY NOT REQUIRE OR DEMAND AS A CONDITION OF EMPLOYMENT, PROSPECTIVE EMPLOYMENT OR CONTINUED EMPLOYMENT, THAT AN INDIVIDUAL SUBMIT TO OR TAKE A LIE DETECTOR OR SIMILAR TEST. AN EMPLOYER WHO VIOLATES THIS PROVISION IS GUILTY OF A MISDEMEANOR AND SUBJECT TO A FINE NOT EXCEEDING $100.

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.
 
* required fields
 
Disabled Back Button     Cancel Button     Disabled Finish Button     Next Button