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Eastern Bank · 3 weeks ago

Commercial Portfolio Manager III

125 High Street, Boston, MA, 02110, US

Full-time

Onsite

Senior Level

$97K/yr - $159K/yr

5+ years exp

Eastern Bank is a financial institution looking for a Commercial Portfolio Manager III. The role involves managing commercial portfolios, conducting financial analysis, and supporting relationship managers with loan requests and renewals.

BankingFinanceFinancial Services

H1B Sponsor Likely

Responsibilities

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)

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

Qualification

Credit AnalysisFinancial ReportingPortfolio ManagementCoaching SkillsCredit TrainingCustomer InteractionLimited Supervision

Required

Formally Credit Trained

Demonstrates experience and judgment with credit decisions and analysis

Coach credit analysts on credit and customer interaction skills

5-7 years experience

Work with limited supervision

Benefits

Robust benefits and retirement package

Company

Eastern Bank

Eastern Bank is the largest independent, mutually owned bank in New England and the largest community bank in Massachusetts.

Founded in 1818

Boston, Massachusetts, USA

1001-5000 employees

https://www.easternbank.com

H1B Sponsorship

Eastern Bank has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

Distribution of Different Job Fields Receiving Sponsorship

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Trends of Total Sponsorships

2023 (2)

2021 (1)

2020 (1)