Credit Manager
Cherry Bekaert Recruiting & Staffing Services · McLean, VA
Apply & track with Apply EdgeWe are engaged in a search for a Credit Manager with one of our growing real estate clients in Northern VA. This newly created position requires an excellent mix of accounting foundation along with commercial credit experience. This role will be key to support initial and ongoing credit underwriting, training and best practices in a dynamic, entrepreneurial company!Hybrid role, 4 days in the Northern VA office.Manage the company’s credit processes and resources that support initial and ongoing credit underwriting, training, and best practices. Identify, report on, and mitigate the company’s overall portfolio credit risk. Understand and communicate macro industry trends.Portfolio CreditEvaluate, manage, and communicate the credit risk of the portfolioContribute to and maintain credit analysis standards for Credit Committee (CC) & Investment Committee (IC) memosEnsure effective and consistent management and execution of quarterly credit reviews (QCR) and enhanced credit reviews (ECR)Manage ongoing credit risk assessment including monitoring portfolio for compliance with lease covenantsServe as Credit Subject Matter ExpertFacilitate communication and collaboration on credit matters between portfolio management, CC, IC, and other departmentsTransaction SupportSupport the underwriting process on a transactional basis including deal structuring, development and execution of the credit underwriting strategy, and consultation on credit specific legal documentationEnsure consistency and accuracy of credit underwriting analysisAd hoc support of pre-LOI credit underwritingGeneral DutiesParticipant in and serve as the administrator of CCCommunicate pertinent information proactively to Portfolio Management LeadershipPrepare quarterly and ad/hoc analysis for lenders and investorsEnhance company credit related processes, procedures, and capabilities including leveraging use of AIAdminister and maximize company utilization of Crowe Portfolio Analyzer for Lenders and Salesforce for portfolio credit reporting and credit risk managementTraining/Recruiting support as directed by PM teamThis role comes with a generous incentive bonus, excellent benefits, free lunch program in a 4 day in office hybrid setting.For immediate consideration, please email your MS Word version of your resume to: jay.zanone@cbh.com