Commercial Banker I

Berkshire Bank • Needham, MA

7d • Onsite

About The Position

Primary responsibilities include management of an assigned portfolio, monitoring of delinquent loans, and ensuring adherence to credit, compliance and operational policies. This position will also be responsible for business development efforts and assisting other business development officers with the underwriting of new credits and management of their portfolios.

Requirements

• Bachelor’s degree or equivalent
• Minimum of 3 years of commercial lending and underwriting/portfolio management experience
• Understand the commercial marketplace within the Bank’s target area
• Be well-versed with the Bank’s credit policy and guidelines
• Ability to communicate effectively in both an oral and written capacity
• Be willing to assume any other duties as may be required

Responsibilities

• Underwrite new credit transactions and assist other Commercial Bankers with the underwriting of new credit transactions and manage these loans through to closing.
• Analysis of financial information and related reports in conjunction with the preparation and presentation of credit approval memorandums, ordering of appraisals and environmental reports, issuing commitment letters, coordinating closings and overseeing the loan booking process in conjunction with the Commercial Loan Assistants.
• Assist with the development of deposits relationships with client May have responsibility for assisting lending officers with syndication of loan transactions and the facilitation of interest risk hedge products.
• Responsible for the ongoing maintenance and customer service of the assigned loan portfolio.
• Monitor the ongoing credit quality of the portfolio and assess the credit quality of each relationship in accordance with policy including the completion of annual credit reviews and periodic renewals throughout the year.
• Responsible for the accurate entry of information to track/monitor the status of the portfolio.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Number of Employees: 1,001-5,000 employees