Director - Corporate Mortgage Finance PM
New Yesterday
Overview As a Director - Corporate Mortgage Finance Group PM , you will be responsible for underwriting CMF Lending facilities, assisting with legal documentation reviews as well as monitoring client performance to ensure compliance with the Policies and Procedures of Huntington’s Corporate Mortgage Finance Group (CMFG). This position reports to the Portfolio Management Team Leader.
Please note: Preferred locations are Chicago, Detroit, Columbus, Minneapolis, Pittsburg, Charlotte, NC and New York
Responsibilities Portfolio Management: Structure, underwrite, and close complex direct lend bilateral and/or syndicated asset-backed credit facilities, including mortgage warehouse lines, mortgage servicing assets and other mortgage-related asset-backed and SPE collateralized facilities. Ensure all relationships and transactions in the assigned portfolio align with the Bank's risk profile and credit policies. Spread financials, prepare risk ratings, credit request memorandums and recommendations in compliance with CMFG and bank requirements. Monitor performance of CMF Facilities and anticipate opportunities or challenges. Conduct stress testing, forecasting, concentration analysis, and macroeconomic evaluations. Present at portfolio reviews and communicate suspected credit problems or deterioration as needed.
Credit Quality: Maintain acceptable credit quality for the assigned portfolio in line with Bank and CMFG policies, procedures, and guidelines as evidenced by loan reviews and audits.
Leadership: Provide direction and support to team members and share knowledge to increase understanding across the group.
Relationship Management: Build and maintain strong relationships with clients and internal/external stakeholders to enable effective communication and problem solving.
Reporting and Compliance: Prepare and present portfolio reports on performance, financial metrics, and policy compliance; develop ad hoc portfolio reporting as needed.
Market Knowledge: Develop understanding of industry markets and trends to support risk management efforts.
Projects: Manage special projects, including drafting procedures and policies; utilize bank systems to maintain accurate portfolio-level detail; manage multiple priorities.
Basic Qualifications 5 or more years of Portfolio Management experience
3 or more years of experience with GAAP principles applied to mortgage banking entities
3 or more years of experience preparing cash flow analyses and stress testing across varied scenarios
Bachelor's Degree from an accredited institution
Preferred Experience Portfolio Management experience ideally within the mortgage finance industry or other specialty finance areas with commitment sizes > $100MM
5-10 years of relevant commercial credit experience, preferably within corporate mortgage finance or other specialty finance; strong communication and collaboration skills and excellent organizational abilities
Experience with legal structures, credit analysis, cash flow assessments, documentation, and surveillance standards for facility types offered by the group
Formal credit training and/or experience
Bachelor's degree; master’s degree in a related field is preferred
Exempt Status Yes = not eligible for overtime pay
Workplace Type Office. Our approach combines in-office and work-from-home arrangements where applicable. Specific arrangements will be provided by the hiring team.
Compensation Range $102,000.00 - $208,000.00 USD Annual Salary. Variation based on location, experience, and performance. Eligible for incentive compensation. Huntington offers benefits including health insurance, wellness, life and disability insurance, retirement plan, paid leave, holidays, and PTO.
Equal Opportunity Huntington is an Equal Opportunity Employer. Tobacco-Free Hiring Practice: See Huntington’s Career Web Site for details.
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- Location:
- Chicago, IL, United States
- Salary:
- $200,000 - $250,000
- Category:
- Finance