For more than 70 years, IDB Bank has made it our mission to be the best bank for our clients by putting their needs first, and the success we’ve enjoyed fundamentally comes down to our people. Here at IDB, you’ll work side by side with some of the most talented professionals in the industry who share a strong sense of teamwork and a passion for providing exceptional service down to the smallest detail. We offer a comprehensive benefits package that includes generous paid time off and the ability to participate in our medical coverage and 401(k) plan on your very first day with us. We are also committed to diversity and inclusion, and to providing all of our team members with an equal opportunity to succeed and make meaningful contributions within a work environment that is respectful, welcoming and inclusive.
About Us: IDB is a leading financial institution, committed to providing exceptional services to our clients in the real estate sector. Our Commercial Real Estate (CRE) team is responsible for managing a diverse portfolio of commercial properties and assets, ensuring their optimal performance while supporting the bank's strategic growth.
Position Overview: We are seeking a highly motivated and detail-oriented individual to join our Commercial Real Estate NY Portfolio Management team. This position provides an excellent opportunity to gain hands-on experience in commercial real estate, financial analysis, and portfolio management within a dynamic and fast-paced banking environment.
As a Portfolio Manager, you will work closely with credit officer, relationship managers and credit admin, assisting in the evaluation, monitoring, and reporting of real estate investments. You will contribute to the day-to-day operations of the CRE-NY portfolio and gain exposure to a variety of real estate asset classes including office, retail, industrial, and multifamily properties.
Key Responsibilities:
#LI-Hybrid
Qualifications:
What You’ll Gain:
Compensation:
The expected annual salary for this position is between $100,000 - $150,000 at the start of employment. A salary offer is determined on an individualized basis, taking into consideration factors such as an individual’s skills and experience. In addition to base salary, our total rewards package also includes eligibility for an annual bonus, medical, pharmacy, dental, and vision plans, life and disability insurance, employee wellness program, retirement and savings plans with employer contributions, generous holiday and paid time off schedules, parental leave, and tuition reimbursement.
The Bank will make reasonable accommodations to the following employees to allow them to perform the essential functions of their position, except where doing so would result in undue hardship to the Bank:
Any employee who believes he or she needs an accommodation for any of the above reasons should contact their supervisor or a member of Human Resources to request such an accommodation. In each case, the Bank will engage in a good faith written or oral dialogue concerning the individual’s accommodation needs; potential accommodations that may address the individual’s accommodation needs, including alternatives to a requested accommodation; and the difficulties that such potential accommodations may pose for the employer.
The Bank retains the ultimate discretion to choose the appropriate reasonable accommodation. Upon reaching a final determination at the conclusion of the cooperative dialogue, the Bank will provide the requesting individual with a written final determination identifying any accommodation granted or denied. In addition, the Bank will maintain any information regarding the employee’s request and status in the strictest confidence, except as requested by the employee, as required on a need-to-know basis or as otherwise required by law.
Disclaimer
The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified. All personnel may be required to perform duties outside of their normal responsibilities from time to time, as needed.
All your information will be kept confidential according to EEO guidelines.
IDB BANK, INCLUDING ITS SUBSIDIARIES AND DIVISIONS, PROVIDES EQUAL EMPLOYMENT OPPORTUNITIES TO ALL EMPLOYEES AND APPLICANTS FOR EMPLOYMENT WITHOUT REGARD TO RACE, COLOR, RELIGION, SEX, SEXUAL ORIENTATION, NATIONAL ORIGIN, AGE, DISABILITY, GENETIC STATUS, CITIZENSHIP STATUS, MARITAL STATUS, MILITARY OR VETERAN STATUS, CURRENT UNEMPLOYMENT OR ANY OTHER LEGALLY PROTECTED CATEGORY IN ACCORDANCE WITH APPLICABLE FEDERAL, STATE AND LOCAL LAW. NOTHING IN THIS SITE CONSTITUTES A PROMISE OR OFFER OF EMPLOYMENT.
IDB BANK, INCLUDING ITS SUBSIDIARIES AND DIVISIONS, PROVIDES EQUAL EMPLOYMENT OPPORTUNITIES TO ALL EMPLOYEES AND APPLICANTS FOR EMPLOYMENT WITHOUT REGARD TO RACE, COLOR, RELIGION, SEX, SEXUAL ORIENTATION, NATIONAL ORIGIN, AGE, DISABILITY, GENETIC STATUS, CITIZENSHIP STATUS, MARITAL STATUS, MILITARY OR VETERAN STATUS, CURRENT UNEMPLOYMENT OR ANY OTHER LEGALLY PROTECTED CATEGORY IN ACCORDANCE WITH APPLICABLE FEDERAL, STATE AND LOCAL LAW. NOTHING IN THIS SITE CONSTITUTES A PROMISE OR OFFER OF EMPLOYMENT.
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Join IDB Bank as a Portfolio Manager in Commercial Real Estate and take the next step in your career at our New York, NY location. At IDB Bank, we focus on putting our clients first and have been doing so for over 70 years, and now we need someone like you to be a part of that mission. In this role, you’ll dive into the exciting world of commercial real estate, managing a diverse portfolio that includes office, retail, industrial, and multifamily properties. Your keen analytical skills will shine as you monitor portfolio performance, tracking tenant activities, financial metrics, and lease renewals. You’ll collaborate with a talented team of credit officers and relationship managers, contributing to annual reviews and portfolio reports that showcase your expertise. If you love financial analysis and want to create impactful financial models while navigating market trends, this is the perfect playground for you! Not only will you gain hands-on experience and mentorship in a supportive environment, but you’ll also be part of a committed team that believes in diversity and providing equal opportunities for success. Plus, enjoy a comprehensive benefits package that kicks in on your very first day, including medical coverage, generous paid time off, and a 401(k) plan to help you secure your future. Ready to make a meaningful contribution to our dynamic environment? Join IDB Bank, and let’s achieve remarkable things together!
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