Lead Loan Ratings Manager

Manulife Financial; Boston (MA); Hybrid; USD 129,000 - 223,000; Full time

Benefits offered by this job

Health benefits

Retirement plan

Paid time off

Job summary

Manulife Financial is seeking a Lead Loan Ratings Manager in Boston for annual loan reviews and portfolio oversight. You will work with internal teams on loan administration and support senior management with planning and reporting.

The role requires strong mortgage lending knowledge, cash-flow analysis, and financial modeling, with a focus on loan ratings and portfolio performance. Hybrid work arrangement and comprehensive benefits are offered.

Qualifications

• Minimum 5 years of commercial mortgage loan experience with portfolio/asset management.
• Bachelor’s degree required; advanced degree preferred.
• Strong knowledge of mortgage lending, documentation, credit standards, and underwriting.
• Ability to analyze cash flows and build spreadsheet-based financial models.
• Excellent organizational, time management and communication skills.

Responsibilities

• Conduct annual loan reviews to update credit ratings for each mortgage.
• Collaborate with Credit, Production and Legal teams on loan surveillance and rating.
• Support senior management by reporting loan and portfolio performance.
• Present loan performance and rating movements at Quarterly Loan Review Meetings.
• Provide underwriting support for new loans and portfolio management tasks.

Skills

Mortgage lending knowledge

Cash flow analysis

Financial modeling

Portfolio management

Communication

Macroeconomic trends

AI concepts familiarity

Education

Bachelor’s degree

Advanced degree (MBA/related)

Job description

The Lead Loan Ratings Manager is responsible for the annual review and rating of commercial mortgage loan investments. This role involves conducting ongoing annual loan reviews, portfolio oversight, and collaboration with internal teams on loan administration, as well as supporting senior management with planning and reporting.

Position Responsibilities

• Conduct annual loan reviews with financial, market and security analysis, to update the credit rating for each mortgage in our portfolio.
• Collaborate with the Credit, Production and legal teams on mortgage loans in the portfolio, including loan surveillance, rating, and other loan-related matters.
• Support senior management by reporting on loan and portfolio performance.
• Present on specific loan performance and rating movement to senior management at Quarterly Loan Review Meetings.
• Provide new loan underwriting support and perform other miscellaneous tasks associated with new loan origination and portfolio management.

Required Qualifications

• Minimum 5 years of commercial mortgage loan experience with a background in portfolio or asset management. Previous experience with a life insurance company, bank or credit role is a plus.
• Bachelor’s degree required; advanced degree in business, finance, economics, commercial real estate, or related field preferred.
• Strong knowledge of mortgage lending, including documentation, credit standards, and underwriting principles.
• Ability to analyze cash flows and complete spreadsheet-based financial modeling, an understanding of commercial real estate market conditions, loan rating methodology, and appraisal techniques.
• Strong organizational, time management, and communication skills (written and verbal).
• General understanding of macroeconomic trends, capital markets, AI concepts and use cases, and financial analysis.

Preferred Qualifications

• Familiarity with evaluating credit risk using Expected Credit Loss (ECL) methodology and NAIC Commercial Mortgage Loan Designations (CM1-CM6) are a plus.

When you join our team

• We’ll empower you to learn and grow the career you want.
• We’ll recognize and support you in a flexible environment where well-being and inclusion are more than just words.
• As part of our global team, we’ll support you in shaping the future you want to see.

The role being advertised is an existing vacancy.

About Manulife and John Hancock

Manulife Financial Corporation is a leading international financial services provider, helping people make their decisions easier and lives better. To learn more about us, visit https://www.manulife.com/en/about/our-story.html.

Manulife is an Equal Opportunity Employer

At Manulife/John Hancock, we embrace our diversity. We strive to attract, develop and retain a workforce that is as diverse as the customers we serve and to foster an inclusive work environment that embraces the strength of cultures and individuals. We are committed to fair recruitment, retention, advancement and compensation, and we administer all of our practices and programs without discrimination on the basis of race, ancestry, place of origin, colour, ethnic origin, citizenship, religion or religious beliefs, creed, sex (including pregnancy and pregnancy-related conditions), sexual orientation, genetic characteristics, veteran status, gender identity, gender expression, age, marital status, family status, disability, or any other ground protected by applicable law.

It is our priority to remove barriers to provide equal access to employment. A Human Resources representative will work with applicants who request a reasonable accommodation during the application process. All information shared during the accommodation request process will be stored and used in a manner that is consistent with applicable laws and Manulife/John Hancock policies. To request a reasonable accommodation in the application process, contact [e-mail].

Referenced Salary Location

Boston, Massachusetts

Working Arrangement

Hybrid

Salary range is expected to be between

$128,550.00 USD - $222,820.00 USD

Employees also have the opportunity to participate in incentive programs and earn incentive compensation tied to business and individual performance. The actual salary will vary depending on local market conditions, geography and relevant job-related factors such as knowledge, skills, qualifications, experience, and education/training. If you are applying for this role outside of the primary location, please contact [e-mail] for the salary range for your location.

Manulife/John Hancock offers eligible employees a wide array of customizable benefits, including health, dental, mental health, vision, short- and long-term disability, life and AD&D insurance coverage, adoption/surrogacy and wellness benefits, and employee/family assistance plans. We also offer eligible employees various retirement savings plans (including pension/401(k) savings plans and a global share ownership plan with employer matching contributions) and financial education and counseling resources. Our generous paid time off program in the U.S. includes up to 11 paid holidays, 3 personal days, 150 hours of vacation, and 40 hours of sick time (or more where required by law) each year, and we offer the full range of statutory leaves of absence.

We use data and analytics technologies, such as artificial intelligence (AI), and automated processing tools, to analyze and process the information you provide to us or third parties in the application process. For more information, please refer to our personal information collection statement.

Know Your Rights I Family & Medical Leave I Employee Polygraph Protection I Right to Work I E-Verify

Company: John Hancock Life Insurance Company (U.S.A.)