Department Finance
Category Finance
City Oklahoma City
State OK
Travel
Involved
10-20%
Type of
Position
Full-Time

Commercial Mortgage Portfolio Manager

AFC / FIN

Description:

*Manage a designated portfolio, territory and/or group of mortgage banking relationships for the Commercial Loan department of American Fidelity Assurance Company and affiliated companies (collectively, “AFA”). Monitor the commercial loan portfolio, as assigned to identify and evaluate credit problems, underlying value of collateral securing loans in the assigned portfolio, imbalances compared to benchmarks, and unforeseen opportunities for additional new business. * Underwrite and negotiate the loan structure, loan and lease terms and interest rates on all commercial mortgage loan production in an assigned territory, utilizing a network of mortgage banking firms located in that territory to compete for those investments that will best enhance the investment yield and profitability of (AFA). *Market AFA’s commercial mortgage loan program to new and existing mortgage correspondents to achieve and exceed mortgage production goals while ensuring the mortgage portfolio remains diverse both geographically and by property type. * Assist with developing and implementing investment policies, supporting credit analysis, and managing credit risks and opportunities. Assist in developing and implementing a portfolio management system with real-time analytics that incorporates all commercial mortgage assets under management. * Originate, manage and underwrite the production of new commercial mortgage loans in a designated territory for AFA. Evaluate the credit, lease and real estate risk on new and existing loans. Recommend revisions to the commercial mortgage investment policy, as needed, to the group’s Vice President. * Market the AFA loan program in a designated territory or with designated mortgage banking firms, including regular and on-going market visits, personal contacts, attendance at industry and other conferences and events. * Prepare detailed mortgage portfolio analysis reports for AM Best annual review. Value all commercial mortgages for AFA. As requested, produce other analytical reports regarding the loan portfolio, production activities, market characteristics or to identify unforeseen market opportunities. * Mentor and train commercial mortgage colleagues as assigned. Participate in training activities as assigned. * Other job-related duties as assigned.

Requirements:

• Ten to fifteen years’ experience as Commercial Mortgage Loan Underwriter at a life insurance company • Bachelor’s Degree from four-year college or university concentration in finance or real estate • Master’s Degree (MBA) with concentration in finance or real estate preferred • CFA and/or MBA preferred • Strong track record of sourcing and closing commercial real estate loans • Track record of managing a commercial mortgage portfolio and territory, including an in-depth understanding of loan origination, pricing, underwriting, risk management and closing activities • Demonstrates strong leadership and analytical skills • Proficiency with PC Windows-based software, including Microsoft Excel and Word applications, PAM for mortgages, email and Internet applications • Strong oral and written communication skills • Strong interpretation skills • Strong credit and technical skills • Ability to handle numerous tasks quickly and simultaneously • Ability to develop creative and unique solutions to problems (proactive at identifying and solving problems) • Effective negotiating skills • Strong organizational skills • Fiduciary responsibility • Ability to focus on department goals