Who We Are

Cross River is a highly profitable fast-growing financial technology company recognized for the third year in a row by CB Insights as one of the 250 best global fintechs. Our comprehensive suite of innovative products powers financial solutions with a strong focus on regulatory compliance for our partners and their millions of consumers around the world.

We are on a mission to build the infrastructure that propels access, inclusion and the democratization of financial services. While our company has tripled in size over the last three years, our strong sense of purpose led Cross River to be named to American Banker’s list of Best Places to Work in Fintech for the last 4 consecutive years. The reason for this success is simple --- our nimble, adaptive, and collaborative family culture lives in every member of our growing team. Together we are at the forefront of technology and innovation in financial services and we invite collaborative and motivated high performers to join our rapidly expanding team.

What we’re looking for

We are looking for a Portfolio Manager to join our Commercial Real Estate (“CRE”) team at Cross River. This role will report to the CRE Loan Administrator. The Portfolio Manager will be responsible for the ongoing management and oversight of the credit quality and performance of commercial real estate loans including, but not limited to, monitoring loans, performing loan reviews and timely completion of CRE credit analyses.

Responsibilities:

• Analyze property level performance by conducting cash flow analysis, spreading financial statements and analyzing reports
• Prepare written credit surveillance on all loans held in the CRE portfolio
• Conduct risk assessments by evaluating the strength of guarantors, industry analysis, collateral, and loan structures
• Track financial and non-financial loan covenants, including collection of financial documents
• Reach out to borrowers for any missing documents, maintaining capture rates inline with business standards
• Prepare modifications relative to financial strengths and weaknesses of borrowers, including impairment analysis for any nonperforming loans
• Identify areas of risk at a loan and portfolio level which may indicate the need for further review
• Order and review third party reports, such as real estate appraisals
• Review & monitor properties for violations
• Maintain relationships with borrowers, brokers, and investors
• Interact with internal and external audit, respond to CRE loan related questions or issues, and produce necessary reporting
• Perform other duties as assigned

Minimum Qualifications:

• Minimum of 5 years of relevant commercial lending portfolio management experience
• Thorough knowledge of commercial real estate
• Knowledge of accounting and legal principles a plus
• Basic proficiency in financial statement analysis
• Strong organizational skills and the ability to handle multiple tasks under tight time constraints
• Ability to establish and maintain effective work relationships both internally and externally
• Proficiency with Microsoft Office products

Education:

• Bachelor’s degree in Finance, Accounting, Economics, or a related field preferred

Cross River is an Equal Opportunity Employer. Cross River does not discriminate on the basis of race, religion, color, sex, gender identity, sexual orientation, age, non-disqualifying physical or mental disability, national origin, veteran status or any other basis covered by appropriate law. All employment is decided on the basis of qualifications, merit, and business need.

Salary Range: $75,000.00 - $105,000.00

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