Business Banking Investment Commercial Real Estate Underwriter Portfolio Manager

Citizens•Westwood, MA

9d•$118,000 - $146,000•Onsite

About The Position

The Portfolio Manager IV is responsible for ensuring overall portfolio performance and asset quality remains strong and is able to independently address and develop strategies and actions to resolve issues that could increase risk and/or create loss for the Bank. Primary responsibilities include effective credit and risk administration with particular emphasis on adherence to credit policy and requirements, financial analysis/modeling, risk evaluation, on-going portfolio maintenance activities, and as needed client support of pooled or individual portfolio. This role involves independent interaction with Senior Management, Sales Team, Credit Products Manager, Credit Officer and Workout Officer, in order to discuss and resolve risk related issues. The Portfolio Manager IV will independently review financials, make recommendations for approval of annual review/renewal, modifications, as well as, underwrite and recommend new money requests for approval to credit officers.

Requirements

10+ years of experience and exhibited competency in various aspects of commercial real estate lending and/or portfolio management including financial analysis and credit structuring, understanding and applying credit policy, and credit monitoring and risk administration practices.
Superior knowledge of loan and related legal documents.
Must be skilled in proposing, negotiating and recommending credit and covenant structures.
Must demonstrate practical and conceptual knowledge of credit and risk analysis and Banking regulations.
Strong communication skills; and ability to influence others by persuasively presenting thoughts and ideas to gain commitment and agreement for proposed ideas and solutions.
Superior understanding of commercial real estate industry nuances applicable to the credits contained within group’s portfolio.
Ability to think critically, solve problems, strong attention to detail and effective decision maker.

Nice To Haves

Bachelor's Degree preferred

Responsibilities

Effective credit and risk administration with particular emphasis on adherence to credit policy and requirements, financial analysis/modeling, risk evaluation, on-going portfolio maintenance activities, and as needed client support of pooled or individual portfolio.
Independent interaction with Senior Management, Sales Team, Credit Products Manager, Credit Officer and Workout Officer, in order to discuss and resolve risk related issues.
Independent review of financials, makes recommendations for approval of annual review/renewal, modifications, as well as, underwrites and recommends new money requests for approval to credit officers.