Commercial Portfolio Manager
At a glance
Manager-level Investment & Corporate Development role at Gka. Boston · full-time · $96,802–$159,032 base.
financeroles summary, based on the employer's posting.
What you'll do
- Track portfolio financial reporting and covenants, and gather clients’ annual financial records
- Review existing borrowers’ financials and prepare memos that update their credit status
- Assess new loan and renewal requests, including cash flow, collateral, spreads and guarantors
- Research credit-related market conditions and help underwrite loans and other credit arrangements
- Coordinate construction advances, interim reports and credit review follow-ups across the portfolio
What you bring
- Formal credit training and five to seven years of relevant experience
- Sound judgment in credit analysis and decisions, plus the ability to coach analysts
- Comfort working with limited supervision
Who this fits
This manager-level role suits someone who can analyze credit, guide analysts and support relationship managers and administrators. The position is hybrid in Boston.
From the employer
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