MUFG Union Bank Real Estate Portfolio Manager - AVP in Irvine, California
Are you passionate about creating an exceptional client experience?
Discover your opportunity with Union Bank®, a division of the Mitsubishi UFJ Financial Group (MUFG), the 5th largest financial group in the world. At Union Bank, we have our clients’ best interest in mind and draw on more than 160 years of experience to understand their distinct needs to tailor our solutions. We’re part of 180,000 colleagues around the globe striving to be the world’s most trusted financial group, knowing that trust starts with a culture of putting people first and empowering you to achieve your potential.
Join Union Bank, where being inspired is expected and creating results is rewarded.
This is a hybrid position. There are flexible work from home options available. A member of our recruitment team will discuss the options with you in more detail.
Manage a portfolio of Regional REI client credit relationships. Assist in underwriting, structuring, and producing financial and market analysis as a critical part of the asset generation process for the delivery of credit products and services to customers and prospects.
Portfolio Management (40-60%): Primary responsibility is to conduct ongoing credit monitoring to ensure highest credit quality of assigned portfolio. Recognize and communicate potential credit quality issues within the Bank. Work as part of a team to deliver both credit products and non-credit services to clients and prospects. Call regularly on existing clients to obtain information that supports borrowers risk profile and obtains information necessary for effective credit monitoring. May be assigned to work with clients who have a higher risk profile or are in a turnaround situation. Ensure top quality data input in all Bank Systems.
Underwriting (20%-30%): Assist in underwriting, structuring and completing all final approval requests as well as ensure loan is properly documented and closed via final credit approval. Must have experience in wide array of commercial real estate related credit products to include construction, bridge, and permanent loans. Assist relationship manager in working with clients to present solutions to short and long-term strategic objectives which may include, but not limited to, commercial real estate debt offerings.
Relationship Management (<10%): May act as the sole point of contact for certain clients. In these relationships, PM will be responsible for both underwriting and marketing functions related to such clients. May work as the underwriting officer on syndicated credits where Bank is the agent. Assist marketing team to identify cross-selling opportunities to meet the Division’s income generation goals. Responsible for increasing NOI of existing customers on an annual basis as well as cross selling additional products and services to those clients.
Risk Management/Audit/Training (10%-20%): Demonstrate knowledge of and is sensitive to the current regulatory environment; adhere to the Bank's risk vision, and risk management policies and programs; recognize and proactively address risk (including but not limited to those associated with Bank Secrecy Act, anti-money laundering, consumer compliance, fair lending, fiduciary responsibilities, and privacy); identify and appropriately manage risks. Cooperate with internal and external bank audits including interfacing with marketing team, credit administration, and field auditors to obtain necessary loan and sponsor information. Completion and proficiency in all Bank required ongoing training and certifications.
Education, Licensure, Year of Experience (and type of work experience):
Normally requires 3-5+ years’ commercial real estate banking experience or equivalent real estate related industry.
Knowledge, Skills, Abilities:
Strong sales and real estate analytic skills with expert level knowledge of all major real estate product types.
Understanding of credit underwriting, structuring skills and banking/capital markets products.
Results oriented with proven ability to work autonomously to achieve goals.
Good interpersonal and negotiating skills (both internal and external).
The above statements are intended to describe the general nature and level of work being performed. They are not intended to be construed as an exhaustive list of all responsibilities duties and skills required of personnel so classified.
We are proud to be an Equal Opportunity/Affirmative Action Employer and committed to leveraging the diverse backgrounds, perspectives and experience of our workforce to create opportunities for our colleagues and our business. We do not discriminate on the basis of race, color, national origin, religion, gender expression, gender identity, sex, age, ancestry, marital status, protected veteran and military status, disability, medical condition, sexual orientation, genetic information, or any other status of an individual or that individual’s associates or relatives that is protected under applicable federal, state, or local law.
Some MUFG roles require that individuals be fully vaccinated against COVID-19, subject to exemptions for medical or religious reasons, as well as any other reason required by applicable law or order. Should you be selected for an interview, your recruiter will provide additional information.