Portfolio Manager

Bank of New England; Salem (NH); On-site; USD 90,000 - 140,000; Full time

Benefits offered by this job

Competitive salary

Medical and Dental Insurance

401(k) Retirement Plan

Life Insurance

Community bank environment

Collaborative culture

Job summary

Bank of New England in Salem, NH is seeking an experienced Portfolio Manager to join our Commercial Credit team. This role focuses on financial analysis, underwriting, and ongoing portfolio monitoring to maintain high-quality commercial loans.

You will analyze borrowers’ financial statements and cash flow, prepare credit reviews, and support lending opportunities while ensuring regulatory compliance.

Ideal candidates have a Bachelor’s degree and 3–5 years in commercial banking or credit analysis.

Qualifications

• Bachelor’s degree in Finance, Accounting, or related field.
• 3–5 years of experience in commercial banking, credit analysis, underwriting, or portfolio management.
• Strong analytical and communication skills.
• Proficiency in financial statement analysis.

Responsibilities

• Analyze borrowers’ financial statements, cash flow, and creditworthiness.
• Perform credit underwriting and evaluate lending opportunities.
• Prepare annual credit reviews, renewals, and risk assessments.
• Monitor loan portfolios for covenant compliance and asset quality.
• Identify credit concerns and recommend risk mitigation.
• Assist with structuring loan transactions and financing solutions.
• Maintain loan files, documentation, and portfolio records.
• Collaborate with Commercial Lenders and Credit Administration.
• Participate in client meetings and relationship management.
• Prepare reports and credit recommendations for stakeholders.
• Ensure compliance with bank policies and underwriting standards.

Skills

Financial statement analysis

Credit underwriting

Portfolio management

Excel

Education

Bachelor’s degree

Tools

Excel

Word

Job description

Join a Community Bank That Values Relationships

We’re seeking an experienced Portfolio Manager to join our Commercial Credit team in Salem, New Hampshire. This is an excellent opportunity for a banking professional who enjoys financial analysis, commercial lending, and credit risk management while working closely with lenders and business clients.

If you’re analytical, detail-oriented, and passionate about helping maintain a high-quality commercial loan portfolio, we’d love to connect with you.

What You’ll Do

As a Portfolio Manager, you’ll help oversee an assigned portfolio of commercial credit relationships while supporting underwriting, financial analysis, and ongoing portfolio monitoring.

Key Responsibilities

• Analyze commercial borrowers’ financial statements, cash flow, and creditworthiness
• Perform credit underwriting and evaluate new and existing lending opportunities
• Prepare annual credit reviews, renewals, and risk assessments
• Monitor commercial loan portfolios for covenant compliance and overall asset quality
• Identify potential credit concerns and recommend appropriate risk mitigation strategies
• Assist with structuring commercial loan transactions and financing solutions
• Maintain accurate loan files, documentation, and portfolio records
• Partner closely with Commercial Lenders and Credit Administration to support lending activities
• Participate in client meetings and relationship management efforts when appropriate
• Prepare reports and credit recommendations for internal stakeholders
• Ensure compliance with bank policies, regulatory guidelines, and underwriting standards

What We’re Looking For

• Bachelor’s degree in Finance, Accounting, Business Administration, or a related field (or equivalent experience)
• 3–5 years of experience in commercial banking, credit analysis, underwriting, portfolio management, or commercial lending
• Strong understanding of financial statement analysis and commercial credit underwriting
• Experience managing or supporting commercial loan portfolios
• Ability to evaluate financial risk and make sound credit recommendations
• Strong analytical, organizational, and problem‑solving skills
• Excellent written and verbal communication abilities
• Ability to work independently while collaborating across departments
• Proficiency with Microsoft Office, particularly Excel and Word

Why Join Our Team?

• Competitive annual salary
• Medical and Dental Insurance
• 401(k) Retirement Plan
• Life Insurance
• Stable, community-focused banking environment
• Opportunity to work alongside experienced commercial lending professionals
• Supportive culture focused on collaboration, professional growth, and exceptional client service

Equal Opportunity Employer

Employment is contingent upon successful completion of background screening, credit review, and verification of work authorization. We are committed to providing equal employment opportunities to all qualified applicants and employees.