Portfolio Manager

**About Us:
**Piermont Bank is a boutique specialty commercial bank focused on serving modern businesses with a digital first approach. As the first cloud native bank launched in the United States, Piermont was built on modern infrastructure that allows us to operate with greater flexibility, efficiency, and scalability than traditional banks.

We combine disciplined commercial banking with innovative technology to deliver value added solutions for small and medium sized businesses and our fintech partners. Our team is dedicated to thoughtful risk management, strong client relationships, and building a bank designed for the future of financial services.

**The Role:
**The Commercial Real Estate (CRE) Portfolio Manager is responsible for managing a portfolio of commercial real estate lending relationships and supporting the overall credit administration process. This role serves as a key partner to Relationship Managers, Credit Officers, and clients by analyzing financial performance, monitoring portfolio risk, preparing credit recommendations, and ensuring compliance with bank policies and regulatory requirements. The Portfolio Manager plays an important role in maintaining asset quality, supporting portfolio growth, and providing proactive risk management throughout the life cycle of CRE relationships.

Responsibilities:

• Portfolio Management and Credit Monitoring — 35%
  • Monitor the financial performance, collateral position, and covenant compliance of assigned CRE borrowers.
  • Review borrower reporting, property operating statements, rent rolls, and other financial information to identify emerging risks and opportunities.
  • Maintain a strong understanding of market conditions and project-specific factors affecting portfolio performance.
• Credit Analysis and Underwriting — 30%
  • Analyze borrower financial statements, tax returns, property cash flows, guarantor strength, and collateral valuations.
  • Prepare credit approval packages, risk assessments, annual reviews, loan modifications, renewals, and amendments.
  • Evaluate transaction structures and recommend appropriate credit terms and risk mitigation strategies.
• Relationship Support and Client Service — 15%
  • Partner with Relationship Managers to support client acquisition, retention, and portfolio growth initiatives.
  • Participate in client meetings, due diligence efforts, and transaction discussions as needed.
  • Respond to client and internal stakeholder requests in a timely and professional manner.
• Risk Management and Compliance —