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Corporate & Institutional Commercial Real Estate (CRE) Banking Managing Director (FINRA)

M&T Bank
Posted a month ago, valid for 17 days
Location

Cleveland, OH 44193, US

Salary

$201,200 - $335,300 per year

Contract type

Full Time

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Sonic Summary

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  • The job involves managing institutional commercial real estate relationships, including real estate private equity firms and REITs, while overseeing a team of relationship managers.
  • Key responsibilities include growing net interest and fee income, managing credit quality, and overseeing negotiations for transactions.
  • Candidates are required to have a Bachelor's Degree or four years of relevant experience, along with ten years of commercial lending experience and prior sales management experience.
  • The salary range for this position is between $201,200.00 and $335,300.00 annually, depending on the candidate's specific skills and experience.
  • The role is based in Cleveland, Ohio, and requires excellent communication and interpersonal skills, as well as knowledge of banking credit principles.

Overview:

Responsible for managing institutional commercial real estate relationships including real estate private equity firms, debt and credit funds, public & private REIT's and real estate owners on a national basis. This will include managing a staff of relationship managers and may include developing and servicing significant client relationships.

Primary Responsibilities:

  • Revenue Responsibility: Responsible for growing the net interest income and fee income for the team.
  • Risk Management: Responsible for the credit quality of the team and keeping senior management abreast of deteriorating credits and identification of trends. Provide oversight of negotiations for all transactions handled by the team. Negotiate, structure and approve loans and terms within lending limits.
  • Staff Development: Responsible for training and coaching the team. Provide support to RMs for their development. Build bench strength within the group.
  • Sales Management: Responsible for managing the sales process.
  • Represents the Bank in civic and community activities.
  • Exercise the authority of a manager concerning staffing, performance appraisals, promotions, salary recommendations and terminations.

Scope of Responsibilities:

Provide oversight of negotiations for all transactions handled by the team.  Negotiate, structure and approve loans and terms within lending limits.

Overall responsibility for risk management, staff development and sales management of team.

Supervisory/ Managerial Responsibilities:

Manage a staff of relationship managers.

Education and Experience Required:

Bachelor's Degree or four years relevant experience.

Ten year's commercial lending experience.

Previous sales management experience.

Knowledge of banking credit principals. 

Excellent verbal communication skills.

Outstanding interpersonal skills. 

Relationship Management skills. 

FINRA licenses 79 or 7 and 63 may be required

Education and Experience Preferred:

MBA Preferred.

Applied knowledge of Bank policies and procedures.

Proven track record of sales achievement. 

Formal credit training

#LI-LA1

M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $201,200.00 - $335,300.00 Annual (USD). The successful candidate’s particular combination of knowledge, skills, and experience will inform their specific compensation.

Location

Cleveland, Ohio, United States of America



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