CRE Portfolio Manager

The Commercial Real Estate Portfolio Manager (CRE PM) is responsible for the ongoing financial, collateral, and covenant monitoring of the Bank’s commercial, non-owner-occupied real estate portfolio.

This position is a credit-risk monitoring and asset-management role and is not a production or business development position. The CRE PM partners with CRE lenders and Credit Administration to ensure timely, accurate, and disciplined oversight of funded loans and unfunded commitments.

The ideal candidate is analytically oriented and prefers a long-term portfolio management career path rather than a sales/lending track.

• Construction Loan Administration & Monitoring
  • Review and process construction draw requests for accuracy, budget compliance, lien waivers, and percentage-of-completion analysis.
  • Coordinate and review third-party inspection reports.
  • Validate adherence to approved construction budgets and contingency usage.
  • Monitor interest reserves and remaining loan proceeds.
  • Track completion timelines and identify cost overruns or funding gaps.
  • Escalate material variances to CRE leadership and Credit Administration.
• Post-Closing Portfolio Monitoring
  • Maintain ticklers for financial reporting requirements, rent rolls, operating statements, tax returns, insurance certificates, and property tax payments.
  • Review submitted property financials for DSCR compliance, NOI trends, vacancy shifts, and expense ratio anomalies.
  • Track covenant compliance and report exceptions.
  • Monitor lease expirations and rollover concentration risk.
• Capital Expenditure & TI Funding Oversight
  • Review requests for tenant improvement disbursements, capital expenditure reserves, and leasing commissions.
  • Validate lease terms and executed agreements prior to funding.
  • Confirm alignment with loan documents and approved budgets.
• Lease & Rent Roll Review
  • Analyze lease abstracts, anchor tenant terms, co-tenancy provisions, termination clauses, and percentage rent provisions.
  • Reconcile rent rolls to operating statements.
  • Identify tenant concentration risk and upcoming rollover exposure.
• Portfolio Analytics & Reporting
  • Assist Credit Department in preparation of quarterly portfolio performance reports, concentration reporting, and construction pipeline reports.
  • Support Credit Department with data collection for stress testing, trend analysis, and risk grading support documentation.
  • Maintain accurate system data integrity.
• Interdepartmental Coordination
  • Partner with CRE lenders, Credit Administration, and Loan Operations.
  • Ensure loan file completeness and compliance with policy.
• Not responsible for loan origination or business development.
• No personal production goals.
• Not responsible for independent credit approval authority unless specifically delegated.

• Bachelor’s degree in Finance, Accounting, Real Estate, or related field.
• 3–7 years of experience in CRE underwriting, construction loan administration, commercial credit analysis, or commercial asset management.
• Strong proficiency in financial statement analysis.
• Working knowledge of DSCR analysis, NOI calculation, lease structures (NNN, gross, modified gross), and construction budgets.
• Advanced Excel skills. 

Preferred Skills and Attributes:

• Experience in a community or regional bank environment.
• Familiarity with multifamily, retail, office, industrial, and hospitality property types.
• Experience reviewing third-party inspections and AIA draw packages.
• Understanding of lien law compliance.
• High analytical discipline
• Detail orientation
• Structured documentation skills
• Independent judgment within defined policy parameters
• Risk awareness
• Strong written commentary ability
• Comfort in a non-sales career track

Location: Corner of Fields Parkway and Legacy Drive in Frisco, Texas

Join the NDBTeam!

We have a great team of friendly, talented, and inspiring people at NDBT. We take pride in offering exciting opportunities for employees to grow and follow their passions, while providing a great work-life balance as well as job stability. Founded in 1961, NDBT has a long-standing reputation in the community and strives to provide excellent customer service to our customers and communities. NDBT leadership and employees foster and contribute to our environment of mutual respect, accountability, creativity, and teamwork; and at all times to act with integrity, dignity, honor, and fairness. If this sounds like something you would like to be a part of – consider applying today.

North Dallas Bank and Trust is an Equal opportunity employer. This company considers candidates regardless of race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status.