Full-Time Commercial Portfolio Manager I (Req#1364)
Job Description
This role will support Commercial Banking and will be expected to complete loan analysis on new requests, including pre-deal and credit vehicle preparations, assist with the annual reviews and on-going management of the RM’s existing portfolio, undertake certain on-going responsibilities, such as contacting customers for financial reporting, responding to credit risk review inquires, etc. The role will include a certain level of customer contact, to assist with customer needs and requests. The successful applicant will join an established Commercial and Industrial team, reporting to a Team Leader and working alongside other Portfolio and Relationship Managers.
Responsibilities include but are not limited to:
Portfolio Management, including Financial Reporting and Covenant Tracking
- Obtaining annual financial information for files from clients
- Analyzing financials on existing relationships, testing covenant compliance memos, and preparing annual reviews
- Report regularly on status to Team Leader & Relationship Manager
New Loan Requests and Loan Renewals
- Analyze new loan requests (cash flow assessment, collateral valuation, spread analysis, guarantor assessment, etc.)
- Research, compile, and provide market analysis relative to a credit
- Assist in preparing/underwriting pre-deals and credit vehicles (both new loans and renewals)
Other Tasks
- Assist the Appraisal and Environmental department with ordering third-party reports
- Direct and supervise credit analysts on certain tasks as appropriate
- Assist with Credit Risk Review tasks, including coordinating responses to CRR, monitoring action steps for remediation, etc.
- Conduct in-person inspections of collateral properties
- Prepare Managed Asset Plans for criticized assets as appropriate
- Work closely with CRE team to ensure market leading customer service
- Provide Backup to other Relationship Managers/Relationship Administrators as needed
- Assist the team during vacations/absences as necessary
- Provide sales & service support as necessary
Experience and Experience
- Formally Credit Trained Demonstrates experience and judgment with credit decisions and analysis
- Coach credit analysts on credit and customer interaction skills
- 0-3 years’ experience Work with limited supervision
Skills/Knowledge
- Office 360
- Salesforce
- RIMS
- Argus
- Microsoft Word
How to Apply
If you will like to know more please click on the link below and click “Apply Now”: https://gka.fa.us1.oraclecloud.com/hcmUI/CandidateExperience/en/sites/CX/job/1364/?utm_medium=jobshare If you have any question please email: talentacquisition@easternbank.com160 total views, 0 today