Vice President, STL Financing Portfolio Manager

About the Position:

As a Single Tenant Lease (STL) Portfolio Manager (PM) you will provide general credit monitoring activities, administrative support and oversight to the bank’s commercial real estate loan portfolio in an effort to prudently manage ongoing risk. You will work closely with the bank’s credit department to obtain timely formal credit approvals. Conduct review and follow-up activities to maintain the general condition and quality of the commercial real estate loan portfolio. Typical Loans for a PM can consist of single or multiple Borrowing Entities with one or more Guarantors or Guarantor couples.

What You Will Do:

• Perform consistent and accurate analysis, underwriting and preparation of Credit Approval Documents for new loan requests, renewals of existing loans or modifications to existing loans in the portfolio
• Oversee the timely monitoring and collection of periodic loan servicing requirements and address documentation exceptions
• Monitor delinquency reporting, and upcoming loan maturities to assure timely completion of annual reviews, loan renewals, yearly risk rating assessments and other Loan Monitoring as applicable
• Perform quality control reviews to ensure loans are properly booked based on final approval conditions and executed loan documentation
• Ensure all documentation is properly saved in the electronic file imaging system
• Perform analysis and recommend Internal Risk Ratings on Loan Portfolio Tenants
• Work with bank’s third-party vendors to monitor collateral and property tax status
• Assist other department personnel to ensure new loans book accurately
• Assist with preparation, completion and distribution of department loan data reports for the department
• Responsible for any other duties/activities assigned by Vice President, CRE Portfolio Manager Team Lead

What We’re Looking For:

• Minimum of five years of relevant banking or credit experience required with a focus in the Commercial Real Estate or related field preferred
• A bachelors degree in business or finance
• Good understanding of financial statement preparation and content
• Proficient in Microsoft excel and other Microsoft Office products

Working Conditions/Demands:

• Professional office setting.
• Primarily sedentary position requiring long periods of time working at a computer.
• Must be able to move throughout the office and buildings to obtain or relay information.
• Must be able to perform the essential functions of the position with or without reasonable accommodation.

Who Are We?

We’re not just another bank and we’re not looking for just another employee. Since 1999, First Internet Bank has been dedicated to finding a better way to bank and doing things that have never been done before. Yes, we really were the first state-charted, FDIC insured bank to operate entirely online and we have been leading the way ever since.

We seek the game changers, the innovators…those who challenge the status quo because change really is the only constant. Ready to join a team of imaginative, driven individuals like you? It’s your career, you deserve to imagine more. Keep reading, we think you will like you what see.

Why Join Us? 

Our success has been driven, in part, by four core competencies – customer focus, teamwork, adaptability and initiative. Collectively they define our actions and are at the heart of all we do.  As a result, we’ve been fortunate to have been named numerous times as an Indianapolis Star Top Workplace and one of the Best Banks to Work For! Headquartered in downtown Fishers, our newly-built, state-of-the-art 175,000 square foot facility headquarters was designed with our team in mind and features an 18,000 square foot open air deck named “The Backyard”, with fire pits, covered pergola, waterfall and foliage to create a momentary escape from the work day.  Beyond that, the onsite fitness center with the latest equipment and ergonomically-designed workstations help promote health and wellness.  Have we mentioned free snacks, soft drinks and beer available on tap?  Want more?  How about unlimited volunteer time off and social events to bring us all together to have some more. Why just imagine more, take the “first” step and apply today.

Our benefits package includes the following and so much more:

• Medical, Dental, and Vision Insurance for Full-Time employees - Eligibility begins on day one of employment
• 401(k) Retirement Plan with Generous Match for Full-Time and Part-Time employees - Eligibility begins on day one of employment
• Professional Development Reimbursement
• At Least 3 Weeks Paid Vacation Annually - For New Employees, Paid Vacation is Adjusted Based on Start Date
• Eleven Paid Holidays
• Paid Volunteer Time 
• Annual First Internet Bank-branded merchandise allowance

Equal Opportunity Employer - Women, Minorities, Veterans and Individuals with Disabilities

If you are a California resident, you may be entitled to certain rights regarding your personal information. Additional information about our data collection practices and location specific notices is available on our privacy policy. Click here to read more.

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c). Click here to read more.