Commercial Portfolio Manager III
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
- Reporting regularly on status
- Team Leader for New Loan Requests and Loan Renewals, including:
- Analyzing new loan requests (cash flow assessment, collateral valuation, spread analysis, guarantor assessment, etc)
- Researching, compiling, and providing market analysis relative to a credit
- Assisting in preparing/underwriting pre-deals and credit vehicles (both new loans and renewals)
- Managing and updating the interim report for the RM's portfolio
- Coordinating construction loan advances on certain credits
- Assisting with Credit Risk Review tasks, including coordinating responses to CRR, monitoring action steps for remediation, etc.
- Providing backup to other Relationship Managers/Relationship Administrators as needed
- Assisting the team during vacations/absences as necessary
- Providing sales and service support as necessary
Qualifications
- Formally Credit Trained
- Demonstrates experience and judgment with credit decisions and analysis
- Coaches credit analysts on credit and customer interaction skills
- 5-7 years of experience
- Able to work with limited supervision
About Us
At Eastern Bank, we pride ourselves on supporting our employees by offering tremendous opportunity for individual growth. As an inclusive company, we work to ensure that our valued employees are treated fairly, recognized for their individuality, and encouraged to reach their fullest potential. We are proud to offer comprehensive compensation plans and a benefits program called Total Rewards that includes medical, dental, vision, life and disability insurance, retirement, vacation, and tuition reimbursement.
Benefits
Eastern offers a robust benefits and retirement package. Our Total Rewards program includes medical, dental, vision, life and disability insurance, retirement, vacation, and tuition reimbursement.
Pay
The posted salary range is $96,802 - $159,032, reflecting Eastern's expected hiring range. Actual pay may vary based on experience, skills, and market factors; additional compensation may apply.