Commercial Portfolio Manager III

Eastern Bank • Boston, MA

2d

About The Position

Responsibilities include, but are not limited to the following: 

Portfolio Management, including Financial Reporting and Covenant Tracking 
Obtaining annual financial information for files from clients 
Analyzing financials on existing relationships and preparing update memos 
Report regularly on status Team Leader New Loan Requests and Loan Renewals 
Analyze new loan requests (cash flow assessment, collateral valuation, spread
analysis, guarantor assessment, etc) 
Research, compile, and provide market analysis relative to a credit Assist in
preparing/underwriting pre-deals and credit vehicles (both new loans and
renewals) 

Other Tasks: 

 Manage and update the interim report for the RMs portfolio 
Coordinating construction loan advances on certain credits 
Assist with Credit Risk Review tasks, including coordinate responses to CRR,
monitor action steps for remediation, etc. 
Provide Backup to other Relationship Managers/Relationship Administrators as
needed 
Assist the team during vacations/absences as necessary 
Provide sales & service support as necessary

Requirements

• Formally Credit Trained
• Demonstrates experience and judgment with credit decisions and analysis
• Coach credit analysts on credit and customer interaction skills
• 5-7 years experience
• Work with limited supervision

Responsibilities

• Portfolio Management, including Financial Reporting and Covenant Tracking
• Obtaining annual financial information for files from clients
• Analyzing financials on existing relationships and preparing update memos
• Report regularly on status Team Leader New Loan Requests and Loan Renewals
• Analyze new loan requests (cash flow assessment, collateral valuation, spread analysis, guarantor assessment, etc)
• Research, compile, and provide market analysis relative to a credit Assist in preparing/underwriting pre-deals and credit vehicles (both new loans and renewals)
• Manage and update the interim report for the RMs portfolio
• Coordinating construction loan advances on certain credits
• Assist with Credit Risk Review tasks, including coordinate responses to CRR, monitor action steps for remediation, etc.
• Provide Backup to other Relationship Managers/Relationship Administrators as needed
• Assist the team during vacations/absences as necessary
• Provide sales & service support as necessary

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed
• Number of Employees: 501-1,000 employees