Commercial Portfolio Manager III - CRE (DM)

Eastern Bank; Boston (MA); On-site; USD 60,000 - 100,000; Full time

Job summary

Join a forward-thinking financial institution as a PM III in the Commercial Real Estate group, where your expertise in financial risk analysis and credit documentation will be vital. This role offers the opportunity to engage with senior management, contribute to loan structuring, and manage a diverse portfolio of commercial clients. You'll leverage your analytical and organizational skills while utilizing advanced tools like nCino and SalesForce. If you thrive in a dynamic environment and are passionate about commercial lending, this position is designed for you. Make a meaningful impact in a collaborative setting that values your contributions and supports your professional growth.

Qualifications

• 3-4 years of experience in commercial credit analysis with strong analytical skills.
• Bachelor's degree preferred, along with formal credit training.

Responsibilities

• Conduct financial risk analysis and credit documentation for commercial clients.
• Monitor financial covenants and prepare documentation for portfolio reviews.

Skills

Financial Risk Analysis

Credit Documentation

Analytical Skills

Organizational Skills

Interpersonal Skills

Knowledge of Commercial Real Estate

Education

Bachelor’s Degree

Formal Credit Training

Tools

nCino

SalesForce

MS Excel

OPTIMA

FIS

RIMs

CASH

Costar

Guidestar

D&B

Job description

The PM III will support an assigned portfolio within the Commercial Real Estate group. They will demonstrate the ability to complete financial risk analysis and credit documentation with limited guidance from their manager or relationship manager. This role will also contribute to loan structuring, customer calls and should be comfortable with regular interactions with senior management.

• In depth knowledge, compliance and application of credit policy and procedures to maintain high quality credit administration of Commercial customers with limited guidance.
• Proactive accurate risk rating analysis and recommendation
• Identification and documentation of exceptions to policy

Underwriting and Due Diligence

• Analysis of complex financials as relate to Commercial Real Estate assets.
• Contribute to transaction structuring
• Engaged in credit committee presentations
• Complete underwriting with clear identification of lending risks and mitigating factors
• Accurate completion of the T&C within nCino
• Accurate completion of RACs
• Obtain and analyze industry information and offer conclusions

Portfolio Management

• Monitor and complete financial covenants, financial reporting requirements, and annual reviews.
• Monitor reports for expiring Maturity Date, Commitment Review Date, Commitment Renewal Date and complete renewals on time.
• High quality credit file documentation
• Prepare documentation for regular portfolio reviews and active engagement at regular portfolio reviews.
• Ongoing monitoring of Borrower financials and follow appropriate risk management procedures.
• Identify and surface risks and concerns with the RM/TL/GD.
• Provide regular and ongoing guidance and training to the PM I / Commercial Analyst and PM II
• Engage in conversations and answer straightforward questions with Bank counsel with manager oversight, as needed
• Knowledge of commercial lending legal documentation.
• Review of the legal documents to ensure compliance with approved terms and conditions.
• Master in nCino, OPTIMA, FIS, RIMs and CASH
• Strong knowledge in other job specific systems like Costar, Guidestar, D&B, etc.
• Regular interaction with customers to resolve credit inquiries and obtain underwriting material information.
• Provide client management support for assigned portfolio.
• Participate in and offer a commercial lending perspective in special projects, as needed

Education and Experience:

• Bachelor’s degree preferred
• Formal credit training preferred
• 3-4 years experience in commercial credit analysis
• Analytical, organizational, and interpersonal service skills
• Strong understanding of the various Commercial Real Estate sectors and differing risk profiles of each.
• Strong MS Excel skills
• nCino/SalesForce experience