CIT's Real Estate finance business, with deep industry relationships, underwriting experience and market expertise, originates, underwrites, and manages senior secured real estate loans. Transactions are focused on experienced and well-capitalized sponsors with a geographic focus on properties in the northeast, west coast, and other major markets with strong fundamentals.

The team provides bridge/reposition and construction financing for single properties, property portfolios and loan portfolios. Properties include multi-tenant office, multi-family rental, industrial, self-storage, and more. Their professionalism, long-term client relationships, and successful track record help them succeed in all areas of business.

• Manage a portfolio of approximately 15-25 REF loans.
• Prepare quarterly and annual reviews and present loans at quarterly review meetings
• Work with off-shore analysts to monitor timeliness of borrower deliverables as well as accuracy of financial reporting and covenant compliance, reporting up key findings
• Prepare approval memos for loan modifications and manage the due diligence and closing process
• Answer audit inquiries for internal and external credit exams as they arise
• Coordinate with middle office and various internal/external stakeholders to process loan payments and cash management transactions
• Ensure accurate and timely risk rating of loan portfolio
• Understand and adhere to the Bank's credit policies and procedures
• Contribute to overall team goals such as participate in various projects, cross-train members, and/or mentor junior staff
• Requires learning and use of the Bank's internal systems
• Requires strong ability to work independently and collaboratively, think critically, exercise sound judgement, communicate effectively verbally and in writing, and successfully manage time

• Bachelor's degree. Graduate degree a plus.
• 5+ years of experience for AVP
• 7+ years of experience for VP
• Portfolio management or credit analysis experience
• Banking experience a plus.