The posting
About the Role:
The MFD Portfolio Analyst (PA) is responsible for interfacing with multifamily clients and internal bank departments as the primary point of contact. The PA troubleshoots issues that surface and works to resolve as appropriate to ensure a good client facing experience while protecting the Bank’s interests. The PA also seeks out referral opportunities to deepen client relationships with the Bank.
- Manages and monitors a large multi-family loan portfolio by analyzing financial data to determine the merits of specific client requests and make formal recommendations and presentations to ISF Manager.
- Responsible for collecting property data, title reports, rent rolls, operating statements, financial statements and entity documents. Proactively analyzes financial statements by identifying trends, weaknesses, industry comparisons as part of loan review functions.
- Prepares pre-flight’s on assumption and new business requests, consistent with the Bank’s guidelines, regulations, and business needs.
- Monitors loan repayment activities and financial condition of borrowers and takes necessary action to collect past due accounts and confirm ongoing repayment ability of all other accounts.
- Works closely with the Central Portfolio Servicing Team in collecting (not limited to): financial statements, tax returns, personal financial statements, insurance, title work, etc. to ensure proper maintenance of the business financial files within the multifamily loan portfolio.
- Works closely with the Loan Servicing Support Team to ensure resolution of any errors or changes that arise in the multifamily portfolio and works with LSS to monitor and address any loan upgrades and downgrades that surface.
- Coordinates with Clients to ensure ACH, monthly statements, and main customer data is kept updated and accurate. Escalates and resolves errors as needed to ensure seamless Client experience, and consistent portfolio performance.
- Notify and coordinate with Clients on upcoming rate adjustments as part of ongoing effort to deliver excellent client service and as an opportunity to source new business and deepen existing relationships. ISF Portfolio Analyst will actively listen and probe for client needs and refer deposit and loan opportunities to appropriate divisions within the Bank.
- Demonstrates compliance with all bank regulations for assigned job function as it applies to designated job responsibilities – knowledge may be gained through coursework and on-the-job training. Keeps up to date on regulatory changes.
- Follows all Bank policies and procedures, compliance regulations, and completes all required annual or job-specific training.
- Maintains a working knowledge of Bank's written policies and procedures regarding Bank Secrecy Act, Regulation CC, Regulation E, Regulation B, Bank Security and other regulations as applicable to this job description.
- May be asked to coach, mentor, or train others and teach coursework as subject matter expert.
- Actively learns, demonstrates, and fosters the Columbia corporate culture in all actions and words.
- Takes personal initiative and is a positive example for others to emulate.
- Embraces our vision to become “Business Bank of Choice”.
- May perform other duties as assigned.
About You:
Education Experience
- 2-4 years — of related portfolio management experience. (Required)
Skills
- Intermediate knowledge and understanding of income producing real estate and applicable real estate laws, notes, and deeds of trust.
- Proficient with analysis of financial statements, operating statements, leases, rent rolls, and tax returns.
- Proficient in math and techniques involved in analysis of income property financial data.
- Intermediate knowledge of loan underwriting criteria for multifamily real estate established by institutional lenders, including Columbia Bank.
- Possesses strong analytical, organizational, interpersonal, and customer service skills.
- Excellent written and verbal communications skills required. Advanced multi-tasking skills also required.
- Proficient in word processing, spreadsheets, email, and industry specific software (Word, Excel, Outlook, and Streets & Maps preferred).
Travel Requirements
- Occasional
The pay range for this role is $75,000 to $90,000.
The pay rate for the selected candidate is dependent upon a variety of non-discriminatory factors including, but not limited to, job-related knowledge, skills, and experience, education, and geographic location. The role may be eligible for performance-based incentive compensation, and those details will be provided during the recruitment process.
Primary Location: Ability to work fully onsite at posted location(s).
17901 Von Karman Avenue Suite 150 Irvine CA 92614
Our Benefits:
We are proud to offer a competitive total rewards package including base wages and comprehensive benefits.
We offer eligible associates comprehensive healthcare coverage (medical, dental, and vision plans), a 401(k)-retirement savings plan with employer match for qualifying associate contributions, an employee assistance program, life insurance, disability insurance, tuition assistance, mental health resources, identity theft protection, legal support, auto and home insurance, pet insurance, access to an online discount marketplace, and paid vacation, sick days, volunteer days, and holidays. Benefit eligibility begins the first day of the month following the date of hire for associates who are regularly scheduled to work at least thirty hours weekly.
Our Commitment to Diversity:
Columbia Bank is an equal opportunity and affirmative action employer committed to employing, engaging, and developing a diverse workforce. All qualified applicants will receive consideration for employment without regard to race, color, national origin, religion, sex, age, sexual orientation, gender identity, gender expression, protected veteran status, disability, or any other applicable protected status or characteristics. If you require an accommodation to complete the application or interview(s), please let us know by email: [email protected].
To Staffing and Recruiting Agencies:
Our posted job opportunities are only intended for individuals seeking employment at Columbia Bank. Columbia Bank does not accept unsolicited resumes or applications from agencies and Columbia Bank will not be responsible for any fees related to unsolicited resume submissions. Staffing and recruiting agencies are not authorized to submit profiles, applications, or resumes to this site or to any Columbia Bank employee and any such submissions will be considered unsolicited unless requested directly by a member of the Talent Acquisition team.
