Commercial Real Estate Credit Manager

Northeast Bank•Portland, ME

10h•$100,000 - $130,000•Hybrid

About The Position

As a national commercial real estate lender with deep industry knowledge, the Bank purchases and originates traditional and transitional loans and other facilities for borrowers and non-bank lenders. The Commercial Real Estate Credit Manager will be part of the Commercial Real Estate Credit Group and play an integral role in evaluating, underwriting, and monitoring credit risk across the Bank’s real estate loan portfolio and new lending opportunities. This role will support the credit process through detailed financial analysis, collateral evaluation, and market research, contributing to well-informed lending decisions and ongoing portfolio management.

Requirements

4+ years of experience in commercial real estate lending, real estate valuation and/or underwriting.
Bachelor’s degree with a strong track record of performance and leadership.
Intermediate to advanced Excel skills with knowledge of real estate financial modeling and operating business analysis.
Exceptional interpersonal and written skills; ability to distill complex credit analysis into concise investment memos and Credit Committee presentations.
A “can-do” attitude with the ability to thrive in a fast-paced, feedback-heavy environment.
Ability to successfully pass all technical and regulatory examinations required by the Bank.

Nice To Haves

Formal bank credit training or continuing education in credit and/or real estate topics a plus.

Responsibilities

Analyze borrower financial statements, rent rolls, operating statements, and cash flow to assess creditworthiness and repayment capacity.
Review and analyze third-party appraisals, internal valuations, and market data to assess collateral quality, value, and associated risks.
Support ongoing surveillance of portfolio credits by tracking financial performance, covenant compliance, and market conditions.
Prepare clear, concise credit memos and supporting materials for internal approval processes, including Credit Committee presentations.
Partner with originations, real estate, asset management, and senior credit team members to evaluate opportunities and manage risk across the platform.
Participate in due diligence efforts, including borrower calls, site inspections when appropriate, and review of third-party reports (appraisals, environmental, engineering, etc.).
When necessary, manage a portfolio of acquired or originated loans.
Successfully pass technical and regulatory examinations required by the Company.