Commercial Credit Portfolio Manager

Charles River CFO•Boston, MA

2d•Hybrid

About The Position

We are seeking an experienced Commercial Credit Portfolio Manager to monitor and provide annual reviews for an approximately $70 million commercial loan portfolio consisting of multifamily residential and commercial/industrial properties. The ideal candidate will bring strong commercial-credit analysis, portfolio-management and risk-assessment experience and be comfortable working independently in a primarily remote environment. The engagement is expected to require 20–30 or more hours per week for at least six months.

Requirements

Demonstrated experience managing or reviewing a commercial loan portfolio
Ability to monitor and complete annual reviews for an approximately $70 million portfolio
Strong experience with multifamily residential and commercial/industrial real-estate loans
Thorough understanding of commercial-credit analysis, underwriting and portfolio risk management
Ability to analyze complex financial statements, tax returns, rent rolls and property cash flows
Experience evaluating debt-service coverage, leverage, liquidity, collateral and covenant compliance
Strong credit-writing, analytical and organizational skills
Ability to work independently and manage multiple annual reviews and deadlines
Availability for 20–30+ hours per week for a minimum six-month engagement

Nice To Haves

Prior experience with a bank, credit union or commercial lending institution
Experience managing criticized or higher-risk credits
Familiarity with regulatory and internal loan-review standards
Ability to work onsite in Lowell, Massachusetts, on Thursdays

Responsibilities

Monitor the performance and overall credit quality of a $70 million commercial loan portfolio
Complete timely and comprehensive annual credit reviews
Analyze borrower and guarantor financial statements, tax returns, rent rolls and property-operating statements
Evaluate cash flow, debt-service coverage, loan-to-value and other relevant credit metrics
Review covenant compliance and identify exceptions, emerging risks and deteriorating credit trends
Maintain accurate risk ratings and recommend changes when supported by the credit analysis
Assess the financial performance and collateral position of multifamily residential and commercial/industrial properties
Prepare clear, well-supported credit memoranda and portfolio-review documentation
Monitor maturities, renewals, reporting requirements and other portfolio deadlines
Communicate findings and recommendations to internal stakeholders
Support portfolio reporting, audits and other credit-related projects as needed