Bluestone Bank · 9 hours ago
Jr. Commercial Loan Portfolio Manager
Norton, MA
Full-time
Onsite
Entry Level
$75K/yr - $90K/yr
2+ years expBluestone Bank has been serving Southern New England for over 150 years, providing secure financial solutions. The Jr. Commercial Loan Portfolio Manager is responsible for managing loan renewals, monitoring compliance, assisting loan officers, and ensuring proper financial reporting and file reviews.
BankingFinancial ServicesLending
Responsibilities
Manages timely renewals of loan maturities and demand lines of credit for their own portfolio, as well as that of assigned Lending Team
Monitors current loans and credit lines to ensure compliance with terms and conditions, including borrowing base availability
Facilitates borrower financial reporting submissions
Assists commercial loan officers with collection of past due loan payments
Periodically assesses loan ratings and ensures proper file review and timely updates to credit files, making appropriate recommendations
Assists Loan Officers with outstanding items from Annual File Reviews
Communicates with existing and potential customers to discuss business needs and obtain financial information
Assists commercial loan officers with US Small Business Administration loans
Assists in the preparation of reports and completion of projects
Assists with internal and regulatory audits as requested
Remains abreast of Federal, State and local laws and regulations as they pertain to the position; Complies with related laws, regulations and Bank policies and procedures
Actively participates in other Bank meetings and committees as requested
Performs other duties as required
Qualification
Required
Bachelor's degree in Business/Finance/Accounting or related field
Two or more years of related experience in a Commercial Lending or Commercial Credit
Strong financial analysis skills
Working knowledge of accounting principles
Working knowledge of commercial loan products and services
Effective oral and excellent written communication skills
Working knowledge of relevant Federal, State and local laws and regulations
Advanced knowledge of MS Excel; Working knowledge of other MS Office applications; ability to learn and master the Bank's required systems/applications, as needed
Strong decision-making and problem-solving skills
Strong organizational skills and detail oriented
Preferred
Formal credit training is highly preferred
Benefits
Comprehensive medical with deductible reimbursement, dental, and vision coverage.
An employer matching 401k plan.
Training and professional development opportunities, including tuition reimbursement.
Work life balance with paid time off, paid volunteer hours, and 11 paid holidays.
Company
Bluestone Bank
Bluestone Bank offers home loans, personal, and business banking services.
201-500 employees
Funding
Current Stage
Growth StageLeadership Team
Meg McIsaac
President and CEO
Benjamin Lord
First Senior Vice President, Chief Information & Technology Officer
Recent News
Providence Business News
2023-10-24
Providence Business News
2023-03-28
2023-03-23
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