AVP, Commercial Real Estate

Northeast Bank; Boston (MA); Hybrid; USD 110,000 - 140,000; Full time

Job summary

Northeast Bank is seeking a valuation and underwriting expert to join the Real Estate Group in Boston. The role focuses on collateral valuation, market intelligence, and support for portfolio reviews and new opportunities.

The successful candidate will perform valuations, analyze property types and trends, collaborate with lenders, and produce data-driven memos for credit committee decisions. Four plus years CRE lending experience and solid Excel modeling are required.

Qualifications

• 4+ years in commercial real estate lending, valuation and/or underwriting.
• Bachelor’s degree with strong performance; credit training a plus.
• Strong written and verbal communication skills.

Responsibilities

• Perform comprehensive valuations on commercial real estate collateral, from desktop reviews to in-depth analysis.
• Analyze property types, local market trends, leasing activity, and investor demand to determine value and risk.
• Collaborate with National Lending team to underwrite collateral for new loan opportunities and provide market insights.
• Review collateral for new lending opportunities to assess market position, liquidity, and risk.

Skills

Valuation analysis

Market intelligence

Communication

Underwriting

Education

Bachelor’s degree

Tools

Excel

Job description

If you are unable to complete this application due to a disability, contact this employer to ask for an accommodation or an alternative application process.

full time Boston, MA, US

Salary Range: $110,000.00 To $140,000.00 Annually

Northeast Bank is a full-service community bank and a national commercial real estate lender with offices in Maine, Massachusetts, and New York. We are looking for motivated and talented individuals who want to make an impact in a growing company that cares about its employees, customers, and the communities it serves. Northeast Bank provides competitive compensation and benefits, generous PTO, and a hybrid work environment dependent on the role. If you are looking for a growing organization that prioritizes its employees, we encourage you to apply.

POSITION SUMMARY: As a national commercial real estate lender with deep industry knowledge, the Bank purchases and originates traditional and transitional loans and other facilities for borrowers and non-bank lenders. Northeast Bank has earned a reputation as a smart and nimble lender in the commercial real estate space, powered by an experienced underwriting team with a successful track record. The successful candidate would be part of the Real Estate Group and will play an active role on the origination and underwriting team, contributing where needed but primarily providing valuation expertise and market intelligence for portfolio review and new opportunities.

KEY RESPONSIBILITIES:

• Collateral Valuation: Perform comprehensive valuations on commercial real estate collateral, ranging from high level desktop reviews to in-depth analysis.
• Market Intelligence:Analyze property types, local market trends, leasing activity, and investor demand to determine value and identify risks.
• Collaborative Underwriting:Partner with other members of the National Lending team to underwrite collateral for new loan opportunities, participate in due diligence calls, and provide market, portfolio and individual collateral level insights to senior management.
• New Opportunity Assessment: Review real estate collateral securing new lending opportunities to determine market positioning, liquidity, and a high-level view of value and risk profile.
• Cross-Functional Advisory:Work closely with lenders, relationship managers, and asset managers as a subject matter expert regarding the value and risk profile of assigned real estate assets.
• Due Diligence:Conduct physical site inspections for new opportunities and ongoing asset management.
• Reporting: Produce clear, data-driven valuation memos and broader market studies to support credit committee decisions.
• General: Successfully pass technical and regulatory examinations required by the Company.

KNOWLEDGE, SKILLS AND ABILITIES:

• Experience:4+ years of experience in commercial real estate lending, real estate valuation and/or underwriting.
• Education:Bachelor’s degree with a strong track record of performance and leadership. Formal bank credit training or continuing education in credit and/or real estate topics a plus.
• Technical Skills:Intermediate to advanced Excel skills with knowledge of real estate financial modeling.
• Communication:Exceptional interpersonal and written skills; ability to distill complex market data into concise investment memos.
• Mindset:A “can-do” attitude with the ability to thrive in a fast-paced, feedback-heavy environment.

PHYSICAL DEMANDS AND CONDITIONS:

• Ability to work in an office environment and in a stationary position for extended periods of time.
• Ability to communicate with co-workers, customers and vendors in a professional and concise manner.
• Working knowledge of the technology and equipment necessary to complete day-to-day work assignments.
• Some domestic travel may be required.

Northeast Bank is an equal employment opportunity and affirmative action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity and expression, national original, veteran status and any other classification protected by Law. We celebrate diversity and are committed to creating an inclusive environment for all employees.