U.S. Wealth Management Banking - Commercial Real Estate Product Manager

About this role

Job Summary:
The CRE Product Manager will be responsible for overseeing the development and management of commercial real estate lending product offering in U.S. Wealth Management Banking. Management of the existing commercial real estate loan portfolio while driving growth for the business within the United States.


This role involves collaborating with various teams including origination, portfolio management, underwriting, compliance, legal and risk to ensure new transactions meet financing guideline requirements and existing portfolio fits within the Bank’s credit risk appetite framework. The CRE Product Manager is also responsible for leading effort in reviewing and updating product guidelines to ensure it remains market competitive.


The CRE Product Manager is an expert in the commercial real estate industry and will provide technical expertise for proactive credit analysis, credit structuring, pricing decisions, portfolio monitoring and leading the strategy for the business.


Key Responsibilities:

• Leading the development of the CRE lending business in U.S. Wealth Management Banking and executing to meet business and product objectives.
• Providing technical expertise to origination team to properly identify quality CRE projects in strong submarkets, providing structuring and underwriting guidance and ensuring proper risks and mitigants are identified.
• Overseeing the preparation of new CRE lending proposals by origination team to clients and prospects.
• Negotiate directly with clients in conjunction with origination team new CRE loan opportunities.
• Guiding underwriting team on property and submarket analysis.
• Managing the growth of the CRE portfolio, ensuring that all KPIs and metrics for the product remain within risk tolerance levels.
• Contribute to the development of the CRE lending business plan and executes to meet all identified product objectives including returns.
• Works directly with clients alongside relationship ma...