Commercial Lending Portfolio Manager

The Washington Trust Company • Providence, RI

427d • Hybrid

About The Position

The Commercial Lending Portfolio Manager at The Washington Trust Company will play a crucial role in managing a credit portfolio of Commercial & Industrial (C&I) clients, including owner-occupied commercial real estate and not-for-profit credits. This position is integral to the growth strategy of the division and involves overseeing the Securities Based Lending portfolio. The role supports a hybrid work environment with on-site availability in Providence or Westerly offices.

Requirements

• Bachelor's degree in Finance or Accounting with formal credit training desired.
• 5+ years of experience in commercial underwriting, including C&I, owner-occupied real estate, and not-for-profit.
• Experience in construction loan underwriting and administration is desired.
• Advanced analytical skills to analyze balance sheet structure and cash flow trends.
• Proficiency in financial statement spreading and preparing pro-forma statements.
• Excellent written, oral, organizational, and interpersonal skills.
• Strong knowledge of loan documentation requirements.
• Ability to manage multiple tasks and meet deadlines independently or in a team environment.
• PC proficiency with Microsoft Word and Excel.

Nice To Haves

• Experience with construction budgets and property valuation principles.

Responsibilities

• Provide in-depth, independent analysis of financial statements and management competencies for new/renewal opportunities.
• Make recommendations regarding credit amounts, structure, and adherence to policies and regulations.
• Manage assigned portfolio by monitoring performance, ensuring risk rating integrity, and compliance with reporting and covenants.
• Participate in client calls to address financial questions and gather necessary documentation.
• Ensure timely renewals of loan maturities and completion of annual file updates.
• Participate in special projects to improve portfolio management processes.

Benefits

• Health insurance
• 401(k)
• Paid time off
• Opportunities for advancement

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Industry: Credit Intermediation and Related Activities
• Education Level: Bachelor's degree