Commercial Portfolio Manager III

Boston, MA
Full-time

This role will support Commercial Real Estate and will be expected to complete loan analysis on new requests, including pre-deal and credit vehicle preparations, assist with the annual reviews and on-going management of the RM’s existing portfolio, undertake certain on-going responsibilities, such as contacting customers for financial reporting, responding to credit risk review inquires, etc. The role will include a certain level of customer contact, to assist with customer needs and requests. The successful applicant will join an established Commercial Real Estate team, reporting to a Team Leader and working alongside other Portfolio and Relationship Managers.

Responsibilities include but are not limited to:

Portfolio Management, including Financial Reporting and Covenant Tracking

  • Obtaining annual financial information for files from clients
  • Analyzing financials on existing relationships, testing covenant compliance memos, and preparing annual reviews
  • Report regularly on status to Team Leader & Relationship Manager

New Loan Requests and Loan Renewals

  • Analyze new loan requests (cash flow assessment, collateral valuation, spread analysis, guarantor assessment, etc.)
  • Research, compile, and provide market analysis relative to a credit
  • Assist in preparing/underwriting pre-deals and credit vehicles (both new loans and renewals)

Other Tasks

  • Assist the Appraisal and Environmental department with ordering third-party reports
  • Direct and supervise credit analysts on certain tasks as appropriate
  • Assist with Credit Risk Review tasks, including coordinating responses to CRR, monitoring action steps for remediation, etc.
  • Conduct in-person inspections of collateral properties
  • Prepare Managed Asset Plans for criticized assets as appropriate
  • Work closely with CRE team to ensure market leading customer service

Provide Backup to other Relationship Managers/Relationship Administrators as needed

  • Assist the team during vacations/absences as necessary
  • Provide sales & service support as necessary

Experience and Experience

  • Formally Credit Trained Demonstrates experience and judgment with credit decisions and analysis
  • Coach credit analysts on credit and customer interaction skills
  • 5-7 years’ experience Work with limited supervision

Skills/Knowledge

  • Office 360
  • Salesforce
  • RIMS
  • Argus
  • Microsoft Word
  • Microsoft Excel
Alert: An error has occurred. This application may no longer respond until reloaded. If error persists, close browser and reopen website. If this error occurs when first loading the site, your browser may not be supported. Reload 🗙