Commercial Real Estate Relationship Manager
Needham Bank · Bedford, NH · 3 wk ago
On-siteBusiness DevelopmentFull-time
About the role
Evaluate, authorize or recommend approval of commercial loans. Advise borrowers on financial status and methods of payments. Coordinate the entire banking relationship for clients and prospects.
Responsibilities
- Work closely with teams on new and existing commercial real estate loan requests.
- Meet with applicants to obtain information for loan applications and to answer questions about the loan process.
- Analyze applicant financial status, credit and property evaluations to determine feasibility of granting loans.
- Originate and close new loans to existing customers and prospects consistent with the Bank’s loan policies and state and federal regulations.
- Present new loan requests and other reports as necessary (i.e.: CARs, Loan Review Responses) to the appropriate approval authorities within the Bank.
- Negotiate legal documents, obtain appraisal/environmental/etc. reports, and work with various third parties such as Borrower/Legal/Participant Lender(s)/Consultant as part of new loan/modification closings including satisfying all pre- and post-closing requirements.
- Review, track progress, and approve loan disbursements for loans with additional funding
- Address all internal/external audit inquiries regarding the loan portfolio
- Stay abreast of new types of loans and