Portfolio Manager (Express Channel)

Genesis Capital (the "Company") is one of the largest business purpose lenders in the country, focused on providing commercial real estate financing solutions to real estate developers who buy, renovate, and sell single-family and/or multi-family residential real estate. The Company is a subsidiary of Rithm Capital (parent company), a publicly traded mortgage real estate investment trust.

The Portfolio Manager - Express Channel is responsible for participating in projects designed to improve operational performance and deliver excellent client service while assisting internal operations units. The Portfolio Manager - Express Channel is also responsible for assisting the Credit and Risk team in resolving troubled loan situations to maximize the realization value to the firm in both work-with and workout scenarios. Additionally, the Portfolio Manager - Express Channel will review and report on delinquencies, individual loan workout/disposition status and the overall condition of the portfolio to senior leadership.

Principal Duties

ESSENTIAL FUNCTIONS include the following. Other duties may be assigned.

• Responsible for providing support to a designated group of clients and implementing new operational or client-based business strategies.
• Regularly provides reports and communicates findings on market and economic conditions/trends affecting the portfolio.
• Excel in a team-oriented, collaborative environment while contributing to the creation, design, and implementation of value-add business strategies that affect current operating practices and company policy.
• Be accountable for key operational risk-management metrics including investigating and coordinating the resolution of any operational issues that are discovered.
• Collect performance metrics for the monthly operational or client review.
• Exhibit effective communication and listening skills, focused on conveying new ideas to performance managers and understanding potential obstacles to implementation.
• Monitor financial performance, establishes action plans to correct problem issues, collateral values and condition and provides continuous diligence to mitigate loss exposure to GC.
• Maintain a working knowledge of existing business processes and reporting.
• Be able to clearly articulate and present ideas and findings to a varied audience including the operations staff and senior management.
• Evaluates financial information, collateral, legal documentation, and other available information to provide support in developing an aggressive and comprehensive workout strategy to ensure optimal loss protection to GC while maintaining compliance with regulatory requirements.
• Performs related duties as assigned by management.

Education and Experience

• Bachelor's degree in business or related field.
• 5+ years working experience in working as a portfolio analyst/associate.
• Knowledge of bank operations/ systems and compliance/ regulatory issues.
• Experience in private money or hard money preferred.
• Expert knowledge in complex commercial lending and financial deal structuring.
• Expert knowledge of credit underwriting policies, procedures, processes, collateral valuation, and documentation.
• Highly Proficient/Advanced in Excel, Word, PowerPoint, and database application.

Knowledge, Skills, and Abilities

• Strong business communication skills with an ability to work well in a collaborative environment.
• Strong attention to detail and an ability to multi-task, respond well to pressure and deadlines, and work well individually and in a collaborative environment.
• Fast learner - able to assimilate new ideas and thrive in a fast-paced environment.
• Prior work experience performing business, data, and/or statistical analysis is a plus.
• Ability to lead and manage multiple tasks concurrently and self-prioritize workload to meet deadlines as an individual and leader.

While this description is intended to be an accurate reflection of the position's requirements, it in no way implies/states that these are the only job responsibilities. Management reserves the right to modify, add or remove duties and request other duties, as necessary.

By applying to this position, the candidate acknowledges that this is not a remote role and is required to be on-site.

Annual Compensation Range: $100,000 - $150,000

Equal Employment Opportunity
We're proud to be an equal opportunity employer- and celebrate our employees' differences, including race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, and Veteran status. Different makes us better.

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