Commercial Portfolio Manager III

Hiring Range: $96,802 - $159,032
 

The posted salary range reflects Eastern’s expected hiring range. Actual pay may vary based on experience, skills, and market factors; additional compensation may apply. Eastern offers a robust benefits and retirement package. Please see the description of benefits included with this job posting for additional information.

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
•  5-7 years experience Work with limited supervision