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Commercial Portfolio Manager I in Boston, MA at Eastern

Date Posted: 8/9/2018

Job Snapshot

Job Description

When you join Eastern Bank, you join the largest and oldest mutual bank in the country. We pride ourselves in having knowledgeable and experienced professionals that can provide the expertise, personal attention and service our customers deserve.
As the fourth-largest full-service commercial bank in Greater Boston, we are able to offer you unique opportunities for career growth throughout the organization, as well as a competitive compensation and benefits program.
As an inclusive company, we work to ensure that our valued employees are treated fairly, recognized for their individuality, and encouraged to reach their fullest potential. These values have earned us a reputation as a great place to work and provide a strong reason why you should consider a career with us.
In this role, you will be responsible for the following:
Work with the Relationship Manager to develop non-profit relationships by underwriting new loans and participating in the approval process. Accompany Relationship manager on customer calls.

Manage Financial Reporting and Covenant Tracking 

  • Review financials 
  • Test financial covenants and compliance 
  • Report regularly on status to Relationship Manager and Team Leader

Manage Credit analysts and renewal/approval backlog 

  • Monitor all expiration dates 90-days ahead 
  • Schedule analyst workflow and priorities 
  • Provide senior credit analyst support as needed 
  • Underwrite credits as needed

Credit Risk Review liaison 

  • Oversee and coordinate responses to outstanding items/issues 
  • Monitor action steps for remediation 
  • Work with Senior Credit Officer as needed re: policy, etc.
Provide Backup to Relationship Managers/Relationship Administrators as needed 

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

Job Requirements

  • Formally Credit Trained
  • Demonstrates experience and judgment with credit decisions and analysis
  • Coach credit analysts on credit and customer interaction skills
  • 1-3 years experience
  • Work with limited supervision