Commercial Portfolio Manager III

Eastern Bank

8d

About The Position

Hiring Range: $77,878 - $127,942 The posted salary range reflects Eastern’s expected hiring range. Actual pay may vary based on experience, skills, and market factors; additional compensation may apply. Eastern offers a robust benefits and retirement package. Please see the description of benefits included with this job posting for additional information. 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
• 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

Benefits

• Eastern offers a robust benefits and retirement package.
• additional compensation may apply.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed
• Number of Employees: 1,001-5,000 employees