Apply on Employer Site

Needham Bank · 2 hours ago

Portfolio Manager - CRE Lending

Bedford, NH

Part-time

Onsite

Entry, Mid Level

$75K/yr - $105K/yr

2+ years exp

Needham Bank is seeking a Portfolio Manager in the CML RE Lending area. The role involves managing and growing a portfolio of CML RE clients, conducting credit analyses, and preparing detailed reports regarding client relationships and financial data.

BankingCommunitiesFinancial Services

Comp. & Benefits

Responsibilities

Support the growth and development of an assigned CML RE portfolio, effectively managing clients with loan and non-loan products

Complete or review credit analyses on existing and prospective loan accounts

Write detailed narrative reports regarding the relationship, including the history of the relationship, a review of financial data, collateral coverage, ability to service debt and the risks associated with the credit

Identify relationships requiring updated financial and related information, and prepare customer correspondence related to timely collection for ongoing monitoring

Review personal and business financial statements, tax returns and other pertinent financial information

Prepare various written loan reports including loan presentations, loan modifications, and credit file comments as needed in accordance with the Bank’s loan policy and procedures and state and federal banking regulations

Recommend appropriate loan risk rating

Review loans for covenant compliance

Assist CML RE team lenders with customer inquiries and servicing requests

Serve as the back-up for CML RE Lenders on the team when they are out of the office

Monitor overall CML RE loan portfolio exposure for maturities, delinquencies, DDA overdrafts and overall changes in credit situations

Participate on Bank task forces and committees as needed

Represent the Bank at various community functions

Perform additional duties as requested, needed or assigned

Qualification

Commercial real estate lendingFinancial analysisBanking regulations knowledgeCustomer service skillsMicrosoft Office proficiencyWritten communicationVerbal communicationTime managementOrganizational skillsSelf-motivated

Required

Superior customer service skills

Excellent financial analytical skills with sound judgment and decision-making abilities

Strong written and verbal English communication skills and ability to interact with all levels of management, peers and customers

Extensive knowledge of personal/business financial statements and tax returns

Solid knowledge of financial institution policies and procedures

Strong knowledge of commercial real estate lending practices and related areas

Ability to organize and prioritize to meet deadlines

Good time management skills and ability to handle multiple projects

Working knowledge of Microsoft office applications

Reliable, self-starter and highly self-motivated

Ability to adhere to Needham Bank's Core Values ( Focus on Customer Relationship, Embrace Change, Work as a Team, Be an Asset to Your Community, Always Learn, and Do the Right Thing )

Preferred

Two to four years' bank credit experience or related bank experience in underwriting and analyzing business financial statements and tax returns is preferable

Strong knowledge of Federal and State banking regulations