Job Information
Eastern Bank Commercial Portfolio Manager III in Boston, Massachusetts
Responsibilities include, but are not limited to the following:
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
Report regularly on status Team Leader 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 Manage and update the interim report for the RMs portfolio
Coordinating construction loan advances on certain credits Assist with Credit Risk Review tasks, including coordinate responses to CRR, monitor action steps for remediation, etc.
Provide Backup to other Relationship Managers/Relationship Administrators as needed
Assist the team during vacations/absences as necessary
Provide sales & service support as necessary
Qualifications:
Formally Credit Trained
Demonstrates experience and judgment with credit decisions and analysis
Coach credit analysts on credit and customer interaction skills
Minimum 10 years experience Work with limited supervision
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. These values have earned us a reputation as a great place to work and provide a strong reason why you should consider a career with us. 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.
Eastern Bank is an Equal Opportunity Employer of women, people of color, LGBTQIA+, religion, national origin, citizenship, neurodivergence, age, Veterans, individuals with disabilities, or any other characteristic protected by law.
At Eastern Bank, we are dedicated to building a diverse, equitable, inclusive and authentic workplace. If you’re excited about this role but your experience doesn’t fully align with every qualification, we still encourage you to apply! You may be just the right candidate for this position or others across the company. Our Recruitment team is waiting to chat with YOU.