Head of Credit and Underwriting, Commercial Real Estate

Oct 14, 2016
Oct 19, 2016
Real Estate
Employer Type
Direct Employer
Employment Type
Full Time
SUMMARY Based in Stamford, CT and reporting directly to Head of Commercial Real Estate within Genworth-s Investments team, this individual will manage the teams responsible for the credit, underwriting, due diligence, and closing of commercial real estate loans originated for Genworth's investment portfolio. The individual will also play a critical role, in implementing strategies and meeting goals to achieve organizational objectives. The position will help drive team-wide projects and processes to ensure a solid platform for continued growth and operational efficiency. The individual should be a team-player and self-starter who is dedicated and motivated to excel. This is an exciting opportunity to make a leadership impact on an established and successful team. RESPONSIBILITIES * Evaluating proposed real estate transactions to ensure risks are thoroughly analyzed, understood, mitigated, and within Genworth's risk parameters. Must be solutions-oriented and able to balance the needs of sound credit with business goals. * Ensuring due diligence has been properly completed, and deals are appropriately structured, documented, approved, and closed in a timely and efficient manner * Providing leadership and guidance to the underwriting, closing, and special assets teams. Ensuring the teams are knowledgeable of and operate in accordance with Genworth's guidelines and standards * Collaborating with the CRE Loan Portfolio Management team to effectively monitor the CRE portfolio, and proactively address potential credit concerns * Reviewing and discussing watch list and distressed asset exposures with the Head of Commercial Real Estate and Head of Loan Portfolio Management to ensure higher risk positions are being adequately addressed and monitored, and are in compliance with internal and regulatory requirements * Leading and managing projects for the team and department as needed * Collaborating with various teams within Genworth's Investments department as needed BASIC QUALIFICATIONS * Bachelor's degree * Minimum of 10+ years of commercial real estate credit and underwriting experience; preferably at an insurance company or bank * Prior management experience * Superior analytical and problem solving abilities * Excellent verbal and written communication and presentation skills * Ability to function independently, successfully prioritize and manage multiple tasks/projects, and deliver with a sense of urgency in a timely manner * Ability to coordinate, monitor and motivate others to meet goals * Ability to work well with all levels of management and staff * Willingness to travel when necessary PREFERRED QUALIFICATIONS * MBA/CFAExcel, Management