AVP, Commercial Real Estate Credit

Northeast Bank•Portland, ME

18h•Hybrid

About The Position

Involved primarily in underwriting and acquisition due diligence. As part of the National Lending team, analyze potential loan originations, as well as assets under consideration for purchase and provide insight and recommendations to Senior Management.

Requirements

Strong written and verbal communication skills
Attention to detail and ability to multi-task and self-motivate
Intermediate to advanced Excel skills
Strong research skills – both on the Internet and phone
Bachelor’s degree required
4+ years of experience in banking or real estate related topics

Responsibilities

Conduct loan file review, credit analysis, and marketing research relating to asset and portfolio risk.
Conduct borrower calls or meetings to assess sponsor dynamics related to the lending opportunities.
Complete credit underwriting and coordinate with real estate, relationship management, and legal.
Present loan origination or acquisition opportunities at the Bank’s credit committee meetings, where credit risks are evaluated and quantified.
Provide consulting to asset management and loan acquisitions as needed.
Assist in making recommendations whether or not to pursue due diligence on loan portfolios, based on preliminary views of credit and real estate risk.
Successfully pass technical and regulatory examinations by the Company.