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8 Oct 2024

Full-Time Business Banking Portfolio Manager I (Req#2853)

Eastern Bank – Posted by Eastern Bank Massachusetts, United States

Job Description

Location: Lynn, MA

The AVP Business Banking Portfolio Manager reports to the Corporate Credit division; works with Business Bankers and Commercial Credit to maintain high quality credit administration and risk management for the Business Banking portfolio. The PM will assist a Business Banker and/or self-manage the portfolio business banking loans with total exposures between $500,000 and $3,000,000, including both C&I and CRE loans. The PM will also assist in the underwriting, administration and structuring of new and existing business.

Responsibilities include, but are not limited to the following: 

  • Tracking of Financial Reporting and Covenant, Loan renewal, and Risk mitigation strategies
  • Facilitate commercial loan underwriting and renewals
  • New loan commitment letters and the approvals of pre-closing conditions Loan advances management and approvals
  • Credit Risk Review Liaison Client Interaction / Customer Support

Qualifications: 

  • Bachelors degree preferred
  • Formal credit training or prior comparable work experience 7-10 years relevant prior experience
  • Demonstrated experience, knowledge and judgment with structure, credit decisions and analysis
  • Able to grasp and understand C&I and CRE concepts and structures
  • Able to coach and mentor business bankers on credit skills Work independently with limited supervision
  • Able to prepare comprehensive, cohesive, detailed written analysis and narrative
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How to Apply

If you want to learn more and apply, use the link below: https://gka.fa.us1.oraclecloud.com/hcmUI/CandidateExperience/en/sites/CX/job/2853/?utm_medium=jobshare

Job Categories: Equal Opportunities. Job Types: Full-Time. Job Tags: #CreditCareer and Banking. Salaries: Not Disclosed.

Job expires in 80 days.

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