Managing Director - Warehouse Lending (Mortgage Finance)

Location: New York, NY; office-based workplace type.

Salary: $125,000–$255,000 annual base salary, plus eligibility for applicable incentive compensation.

Company

hirify.global provides commercial banking, capital markets, treasury management, wealth management, and related financial services.

What you will do

• Lead Relationship Managers and Producing Bankers, setting team strategy, growth objectives, staffing plans, performance goals, and development plans.
• Originate, structure, underwrite, and close bilateral and syndicated mortgage-related asset-backed credit facilities, including mortgage warehouse lines, mortgage servicing assets, and SPE-collateralized facilities.
• Prepare and present credit approval memorandums, new credit requests, modifications, renewals, annual reviews, portfolio reviews, and criticized asset reviews.
• Manage a commercial customer portfolio, monitor creditworthiness, covenants, compliance, facility terms, risk grades, and deteriorating credit situations.
• Build senior client relationships, generate new business, cross-sell banking services, and develop opportunities across commercial banking, capital markets, treasury management, and wealth management.
• Review and negotiate loan documentation with legal counsel and internal relationship, underwriting, portfolio management, and credit administration teams.

Requirements

• Bachelor’s degree.
• At least 7 years of mortgage-related asset-backed lending experience.
• Ability to originate, analyze, structure, underwrite, and close profitable loan transactions.
• Ability to analyze corporate financial statements, client needs, credit structures, facility terms, and regulatory requirements.
• Ability to manage credit risk, portfolio performance, documentation, covenants, compliance, and risk grading.
• Knowledge of debt and equity capital markets and the ability to operate in a multi-bank and syndicated credit facility environment.
• Excellent communication, organization, and project management skills, including the ability to articulate the rationale behind design decisions.

Nice to have

• 10 or more years of direct Mortgage Finance Relationship Manager experience with deep subject matter expertise.
• Prior Team Lead experience.
• Proven ability to lead strategic client dialogue and business development efforts.
• An extensive network of middle-market and large-market clients and potential new hires.
• Proven ability to generate revenue through new client acquisition and cross-selling banking services.

Culture & Benefits

• Office-based role with some positions potentially eligible for flexible in-office and work-from-home arrangements; specific arrangements are provided by the hiring team.
• Health insurance, wellness programs, life and disability insurance, and retirement savings plan.
• Paid leave programs, paid holidays, and paid time off.
• Exempt position not eligible for overtime pay.
• Incentive compensation may be available in addition to base salary.