Commercial Portfolio Manager

Eastern Bank•Bedford, NH

2d•$77,878 - $127,942

About The Position

Eastern Bank is seeking a Commercial Portfolio Manager to join their team. This role involves managing a portfolio of commercial clients, including financial reporting, covenant tracking, and analyzing new loan requests. The position requires strong credit training, analytical skills, and the ability to work with limited supervision. Eastern Bank emphasizes employee growth, inclusivity, and offers a comprehensive Total Rewards benefits program.

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