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Senior Portfolio Manager Jobs in Basking Ridge, NJ

Spencer Savings Bank

Portfolio Manager CRE

Elmwood Park, NJ · On-site

$96K - $121K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

The Portfolio Manager will be assigned a portfolio of CRE facilities to manage. MAJOR ... I l. Order appraisals, flood searches, and credit reports. 12. Assist SVP Lending Division with ...

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Senior Portfolio Manager information

See Basking Ridge, NJ salary details

$46.4K

$106K

$125.2K

How much do senior portfolio manager jobs pay per year?

As of Aug 17, 2026, the average yearly pay for senior portfolio manager in Basking Ridge, NJ is $105,975.00, according to ZipRecruiter salary data. Most workers in this role earn between $85,500.00 and $120,100.00 per year, depending on experience, location, and employer.

What is the difference between Senior Portfolio Manager vs Portfolio Analyst?

AspectSenior Portfolio ManagerPortfolio Analyst
Required CredentialsTypically requires CFA, MBA, or similar certificationsOften requires a bachelor's degree; CFA is a plus
Work EnvironmentLeads investment strategies, manages portfolios, makes high-level decisionsConducts research, analyzes data, supports portfolio decisions
Employer & Industry UsageUsed in asset management firms, hedge funds, institutional investorsCommon in investment firms, banks, financial advisory companies

The main difference between a Senior Portfolio Manager and a Portfolio Analyst lies in their responsibilities and experience level. Senior Portfolio Managers oversee investment strategies and make high-stakes decisions, while Portfolio Analysts support these decisions through research and analysis. Both roles are integral to investment management but differ in scope and seniority.

How does a senior portfolio manager typically collaborate with analysts and other investment professionals within a firm?

Senior Portfolio Managers often work closely with research analysts, junior portfolio managers, and trading teams to develop and execute investment strategies. They rely on analysts to provide in-depth market research and sector insights, which inform asset allocation and security selection decisions. Regular team meetings and strategy sessions are common to ensure alignment and to adapt to market changes. Effective collaboration helps maintain a well-balanced portfolio and enables the Senior Portfolio Manager to make informed, timely investment decisions that align with client objectives.

What does a senior portfolio manager do?

A Senior Portfolio Manager is responsible for overseeing and managing investment portfolios on behalf of clients or institutions, with the goal of maximizing returns while managing risk. They develop investment strategies, analyze market trends, select appropriate securities, and continuously monitor portfolio performance. In addition, they often lead a team of analysts and junior managers, communicate with clients, and ensure portfolios align with clients’ financial goals and risk tolerance. Senior Portfolio Managers typically have extensive experience in finance, strong analytical skills, and a deep understanding of financial markets.

What are the key skills and qualifications needed to thrive as a senior portfolio manager?

To thrive as a Senior Portfolio Manager, you need advanced knowledge of investment strategies, financial analysis, and portfolio construction, typically supported by a relevant degree and credentials like the CFA designation. Expertise in portfolio management software, financial modeling tools, and risk assessment systems is commonly required. Strong leadership, communication, and decision-making skills help build client trust and effectively manage teams. These competencies are crucial for delivering consistent investment performance, managing risk, and maintaining client satisfaction in a competitive financial environment.

What job categories do people searching Senior Portfolio Manager jobs in Basking Ridge, NJ look for?

The top searched job categories for Senior Portfolio Manager jobs in Basking Ridge, NJ are:

What cities near Basking Ridge, NJ are hiring for Senior Portfolio Manager jobs?

Cities near Basking Ridge, NJ with the most Senior Portfolio Manager job openings:

Senior Portfolio Manager jobs near you

Portfolio Manager CRE

Spencer Savings Bank

Elmwood Park, NJ • On-site

$96K - $121K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 25 days ago

Job description


BASIC FUNCTION

Responsible for preparing annual review memos for existing borrowers tied to the commercial lending loans

portfolios. The Portfolio Manager will be assigned a portfolio of CRE facilities to manage.

MAJOR RESPONSIBILITIES

l. Assume account management responsibility for any CRE loan as described above under Basic

Function.

2. Provide ongoing credit oversight and portfolio management of the CRE loan portfolio through annual

reviews, monitoring of covenant compliance and the creation and maintenance of "Watch List" credits.

3. Interact with Loan Officers, Borrowers or CPAs to obtain necessary financial information required to

complete annual reviews.

4. Analyze income producing properties and/or business financial statements/ tax return and identify

financial ratios and trends.

5. Ensure annual review and covenant compliance are completed.

6. Consult with the Senior Portfolio Manager regarding their financial performance trends and pro-actively

anticipate and manage deteriorating credits.

7. Work with the Senior Portfolio Manager in in all matters related to the management of troubled CRE

assets.

8. Negotiate and recommend for approval, financial covenant waivers and loan modifications.

9. Manage portfolio risk on a forward and proactive basis with respect to economic and industry trends,

borrower concentrations, industry concentrations, likelihood of default and loss and criticized and

classify ed loan migration.

10. Assist with site visits/ property inspections as needed.

I l. Order appraisals, flood searches, and credit reports.

12. Assist SVP Lending Division with monthly reporting as required.

JOB REOUIREMENTS

Education:

College Degree

Experience:

Minimum of 2+ years related work experience.

Formal credit training required.

Excellent written/verbal communication skills required.

Ability to work independently and meet specified deadlines.

Assertive, self-directed personality type.

Working knowledge of word processing and spreadsheet software required

Benefits

  • Holidays
  • Vacation
  • Health/Dental
  • Vision Service Plan
  • Short Term Disability
  • Long Term Disability
  • Life Insurance
  • Flexible Spending Accounts
  • 401k Savings Plan
  • Tuition Reimbursement
  • Employee Assistance Program
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