Commercial Lending Portfolio Manager II

South Shore Bank • Quincy, MA

78d • $92,307 - $127,910

About The Position

South Shore Bank is seeking an experienced Commercial Lending Portfolio Manager (PM) II who will provide client management support as primary or secondary contact for assigned portfolio of loans/clients in the Commercial Lending Department. Work in conjunction with Relationship Managers/Loan Officers to service clients, including new loan requests. Promote overall growth and development of the Commercial Lending Department.

Requirements

• Bachelor's degree (B.A) or equivalent.
• Five+ years of experience including formal credit training and/or commercial lending.
• Ability to read, analyze, and interpret financial reports, legal documents and common scientific and technical journals.
• Strong computer skills including Microsoft Office applications.
• Preferred skills in various banking systems: NCino, Nautilus, Fiserv.
• Strong communication skills, both oral and written.
• Ability to respond to common inquiries or complaints from clients, regulatory agencies, or members of the business community.
• Ability to effectively present information to top management, public groups, and/or boards of directors.
• Ability to work with mathematical concepts such as probability and statistical inference.
• Ability to define problems, collect data, establish facts, and draw valid conclusions.

Responsibilities

• Works closely with a team of Relationship Managers/Loan Officers to support commercial clients.
• Responsible for the collection and review of financial information, ensuring compliance with loan covenants and conditions.
• Monitors for timely client loan payments and prepares comments to the loan file as appropriate.
• Maintains and updates loan operating system to ensure all financial covenants are tracked appropriately.
• Utilizes loan operating system to generate covenant tracking reports.
• Assists with the underwriting of credit recommendations related to renewals and modifications of existing loans and new loan requests.
• Conducts in-depth review of business, project and individual financial statements, tax returns and other relevant credit information including collateral analysis.
• Interacts with clients independently to address non-routine servicing matters or other risk related issues.
• May present requests to management and the Loan Approval Committee.
• May be assigned a small portfolio of relationships to manage and grow individually.
• Accompanies Relationship Managers/Loan Officers to client meetings.
• Corresponds with vendors (attorneys, environmental experts, engineers, accountants) as needed.
• Assists with requests to advance funds from lines of credit and construction loans by conducting or assisting with property inspections.
• Ensures that files are maintained, complete and accurate; all financials should be uploaded into the loan operating system appropriately.
• Meets all compliance and regulatory requirements for loan files (ie. Regulation B, Flood, etc.).
• Works in collaboration with the Credit and Loan Servicing Departments as well as all areas of the Bank.
• Identifies opportunities to cross-sell additional bank products and services.
• Participates and assists in other applicable commercial lending department activities.
• Develops solid knowledge of market for marketing and portfolio management purposes.
• Participates in community affairs to increase the bank's visibility.
• Ensures compliance, within area of responsibility, including Federal, State and local laws.

Benefits

• Medical
• Dental
• Vision
• Flexible Spending
• Dependent Care
• Child Care Subsidy
• Retirement
• Life Insurance

What This Job Offers

• Career Level: Mid Level
• Education Level: Bachelor's degree
• Number of Employees: 101-250 employees