Posted: Jan 2, 2025
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Commercial Portfolio Manager III (Req#2911)

Eastern Bank - Boston, MA
Full-time
Application Deadline: N/A
Finance & Insurance

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 RMs 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

 Qualifications: 

  • Formally Credit Trained 
  • Demonstrates experience and judgment with credit decisions and analysis 
  • Coach credit analysts on credit and customer interaction skills 
  • Minimum 10 years experience Work with limited supervision