CRE Portfolio Manager I

Iselin, NJ



Provident Bank, a multi-billion dollar NJ bank, has an opportunity for a CRE Portfolio Manager in our Iselin, NJ administrative office.  Qualified candidates should have a bachelor's degree, commercial credit/underwriting (formal credit training a plus) as well as exceptional customer service skills.


We offer a competitive compensation program and benefits include medical/dental/life insurances, 401(k) with match, Employee Stock Ownership Plan, Student Loan Paydown Program and more!



Under general direction, this CRE position’s primary responsibilities include all aspects of portfolio management as relates to assigned portfolio loans together with the cross selling of Bank products and services.  Additional responsibilities will include the preparation of comprehensive Loan Offering Analyses that evaluate the prospective financing properties, incorporating complex underwriting to include cash flow analysis, project economics and valuation, guarantor analysis, market analysis and recommendation.  The loan analyses include both commercial loan and commercial permanent owner occupied mortgages or commercial construction and commercial permanent mortgages.  This position is considered the less experienced job in the job family.


Performs portfolio management responsibilities including:                                                          

       -  Solicits existing portfolio customers in an effort to increase and retain loan volume and cross sell Bank products and services.

       -  Transaction negotiation and preparation of Loan Offering Analysis of existing  loans in connection with renewals and modifications and new business transactions;  facilitates closing of the transaction.

       -   Performs continued Delinquency Control.

       -   Prepares annual reviews of existing loans to assess credit quality and covenant compliance; performs property inspections.

  • Assist multiple Lenders with the monitoring and management of their portfolio.

       -   Promotes customer relations.


Prepares Loan Offering Analyses, which include the following:                                                    

       -  Detailed property descriptions and market analysis.

       -  Detailed analysis of financial statements.

       -  Project economics, income and expense analysis, tenant analysis, and property


       -  Construction budget analysis with determination of sources and uses of funds.

       -  Borrower and Guarantor analysis.

       -  Assess lending risks, clearly identify offsetting mitigates and summarize



Complete special projects as directed by the department head.                                                   







       Comprehensive financial analysis experience.

       Comprehensive Commercial Real Estate loan analysis experience.

       Strong verbal and written communicative and analytical skills.

       Proficient with software programs (Microsoft Word and Excel), financial analysis programs.

       Strong customer services skills.


       Bachelor’s degree in Accounting, Finance or Economics


       3 - 5 years related within financial industry


        Licenses and Certifications                                                              Expiration Date




Work is performed in a normal office environment.  Noise levels are usually moderate.  May include travel by automobile.


The hazards are mainly those present in a normal office setting and those present in commuting locally by car.         Occasionally may be exposed to those conditions present in public forums and meeting places.

This job description may not be all-inclusive.  Employees are expected to perform other duties as assigned and directed by management.  Job descriptions and duties may be modified when deemed appropriate by management.


We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law.

About Provident Bank

For more than 175 years, Provident Bank has served individuals, families, and businesses in our local communities with personal and business banking services.

Volunteering is a Way of Life

Our brand promise - “Commitment you can count on” - supports the investments we make in the community and donations made by our employees. It’s a promise also reflected in the volunteerism of our employees, who lend time and talent and countless hours to assist hundreds of organizations and thousands of people and animals each year.

Why do we love it?

  1. We get to volunteer in areas that are meaningful to the bank and impactful in the community.
  2. Through generous contributions, we have raised over $28,000 in 2018. No item or donation is too small; we find a home for it all.

Nearest Major Market: New Jersey