Western Alliance Bank - New York, NY
posted 4 months ago
The Portfolio Manager-HFF is a critical role within the Hotel Franchise Finance (HFF) team, reporting directly to the Underwriting Team Lead. This position is responsible for the comprehensive analysis, structuring, underwriting, and closing of complex loans specifically for hotels across the United States. The Portfolio Manager will collaborate closely with the Underwriting Team Lead and the Managing Director-Sales to ensure that credit risks are effectively monitored and identified, thereby supporting the attainment of both Bank and Business Line goals. This involves actively underwriting, closing, and managing desirable loans while ensuring compliance with all Bank policies and procedures, as well as adhering to applicable state and federal banking regulations. In this role, the Portfolio Manager will engage with sophisticated clients, including hotel owners, chief financial officers, general managers, and legal staff, to assess the best credit structure that meets both Bank requirements and customer needs. The incumbent will gather, analyze, and summarize complex underwriting information to present financing requests to senior management and credit approvers. Key responsibilities include analyzing property attributes, reviewing appraisals for accuracy, negotiating loan documents, and ensuring that loans conform to Bank lending policies. The Portfolio Manager will also coordinate the administration and closing of approved loans, ensuring that managed loans are assigned timely and accurate credit risk ratings. The position requires strong organizational and teamwork skills, as well as a commitment to superior customer service. The Portfolio Manager will handle various underwriting and portfolio management tasks related to new loan requests and the existing portfolio, reinforcing the importance of collaboration and effective communication within the team.