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Commercial Portfolio Manager II in Nashua, NH at Eastern

Date Posted: 10/31/2018

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.
 
Responsibilities include, but are not limited to the following:

  • Portfolio Management, including Financial Reporting and Covenant Tracking
    • Obtaining annual financial information for files from clients
    • Analyzing financials on existing relationships and preparing update memos 
    • Report regularly on status Team Leader
  • 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
    • Manage and update the interim report for the RM’s portfolio
    • Coordinating construction loan advances on certain credits
    • Assist with Credit Risk Review tasks, including coordinate responses to CRR, monitor action steps for remediation, etc.
  • Provide Backup to other 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
  • 5-7 years experience
  • Work with limited supervision