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Jobs · Finance · Massachusetts

Credit Portfolio Manager II - Metro CRE

TD · Boston, MA · 1 wk ago
On-siteFinance$5/hrFull-time

Work location: Boston, Massachusetts, United States. Full-time position (40 hours per week).

About the role

The Credit Portfolio Manager II role covers Investment Commercial Real Estate Borrowers from $5 million to $50 million in total lending exposure. Property types include: multi-unit residential, retail, office, industrial, hospitality, and other specialty classes. The position is part of a team of underwriters covering all of New England.

The Credit Portfolio Manager II performs financial analysis to make credit decisions on new and existing business, supports the commercial banking team, and recommends credit solutions that add value to the customer. This role manages a designated portfolio of commercial loans, ensuring compliance with loan agreements, regulatory requirements, and underwriting and risk rating policies. The job oversees the overall risk profile of the portfolio, identifying potential macro and micro risk issues early.

Responsibilities

  • Manage complex credit activities to ensure performance quality, consistency of underwriting, and timeliness that meets or exceeds customer expectations.
  • Work on larger, complex deals, primarily focused on Middle Market and highly specialized lending.
  • Lead, create, develop, and introduce commercial and credit-related initiatives.
  • Act as a consultant to business lines regarding credit issues, processes, and procedures.
  • Serve as a resource for business lines and work with senior management on various issues, managing expectations and negotiating timelines.
  • Partner with Lending/Credit Officers to address exceptions identified by internal/external auditors and/or examiners.
  • Perform periodic inspections at customer sites to audit accounts and ensure adherence to loan agreements and terms; take corrective action as needed.
  • Coordinate with Account and Relationship Managers to perform routine financial analyses and credit investigations.
  • Communicate credit decisions to Relationship Managers and Account Managers.
  • Manage and oversee workflow and adherence to policy for the department.
  • Participate in organizational cost-benefit analysis and implementation.
  • Create and maintain quantifiable service level standards against business performance.
  • Ensure timeliness of information and efficiency in process and workflow.
  • Maintain confidentiality of credit and customer information at all times.
  • May lead a team of Credit Analysts within a region or market.

Requirements

  • Bachelor’s degree or equivalent work experience required.
  • 10+ years of related experience.
  • Strong understanding of commercial business development techniques and credit decisions.
  • Demonstrated credit and financial analysis skills.
  • Working knowledge of capital markets is a plus.
  • Refined negotiation skills.
  • Strong verbal and written communication skills.
  • Proficient PC skills.

Physical Requirements

  • Domestic Travel: Occasional (1-33%)
  • International Travel: Never (0%)
  • Performing sedentary work: Continuous (67-100%)
  • Performing multiple tasks: Continuous (67-100%)
  • Operating standard office equipment: Continuous (67-100%)
  • Responding quickly to sounds: Occasional (1-33%)
  • Sitting: Continuous (67-100%)
  • Standing: Occasional (1-33%)
  • Walking: Occasional (1-33%)
  • Moving safely in confined spaces: Occasional (1-33%)
  • Lifting/Carrying (under 25 lbs.): Occasional (1-33%)
  • Lifting/Carrying (over 25 lbs.): Never (0%)
  • Squatting: Occasional (1-33%)
  • Bending: Occasional (1-33%)
  • Kneeling: Never (0%)
  • Crawling: Never (0%)
  • Climbing: Never (0%)
  • Reaching overhead: Never (0%)
  • Reaching forward: Occasional (1-33%)
  • Pushing: Never (0%)
  • Pulling: Never (0%)
  • Twisting: Never (0%)
  • Concentrating for long periods: Continuous (67-100%)
  • Applying common sense to standardized problems: Continuous (67-100%)
  • Reading, writing, and comprehending instructions: Continuous (67-100%)
  • Basic arithmetic (adding, subtracting, multiplying, dividing): Continuous (67-100%)

Pay

Base pay range: $115,440 – $186,160 USD. TD is committed to providing fair and equitable compensation opportunities. The base pay offered may vary based on skills, experience, job-related knowledge, geographic location, and other business and organizational needs.

Benefits

TD offers a comprehensive Total Rewards package, including:

  • Base salary and variable compensation/incentive awards (e.g., cash and/or equity incentive awards).
  • Health and well-being benefits.
  • Savings and retirement programs.
  • Paid time off (Vacation PTO, Flex PTO, and Holiday PTO).
  • Banking benefits and discounts.
  • Career development and reward and recognition programs.

TD is committed to supporting colleagues through regular development conversations, training programs, and a competitive benefits plan to help them thrive both at work and at home.

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