Portfolio Manager

Monson Savings Bank; Wilbraham (MA); Hybrid; USD 85,000 - 110,000; Full time

Benefits offered by this job

Paid time off

401(k) with company match

Medical and dental insurance

Job summary

Monson Savings Bank, based in Wilbraham, MA, seeks a Portfolio Manager to join our Commercial Lending team. You will manage a portfolio of commercial relationships and support new loan opportunities.

The role blends credit analysis with portfolio management, requires collaboration with lenders and internal teams, and represents the bank in the community. This exempt, full-time position offers potential for hybrid or remote work.

Qualifications

• Bachelor's degree in Business, Finance, Accounting, or related field.
• Minimum of three years of experience in commercial credit or lending.
• Strong knowledge of commercial lending practices and credit analysis.
• Proficient in financial statement review and documentation.
• Excellent customer service and relationship-building skills.
• Strong written and verbal communication abilities and report writing.

Responsibilities

• Manage and support a portfolio of commercial banking relationships.
• Analyze credit history of applicants and determine loan repayment capabilities.
• Obtain financial reports and appraisals; document collateral values.
• Negotiate credit terms, loan repayment methods, and collateral specs.
• Partner with lenders to facilitate loan closings, renewals, and portfolio reviews.
• Assist lenders with research, loan participations, and past-due management.
• Collaborate with internal teams to ensure service quality and loan administration.
• Represent Monson Savings Bank in the community through events.
• Contribute ideas to improve processes and support departmental goals.

Skills

Credit analysis

Financial statement review

Customer service

Relationship building

Communication

Education

Bachelor's degree in Business, Finance, Accounting, or related field

Tools

Microsoft Office

Job description

If you are passionate about commercial lending, enjoy building relationships, and are looking for an opportunity to make a meaningful impact at a local community bank, this is the position for you!

Monson Savings Bank is seeking a motivated Portfolio Manager to join our Commercial Lending team. In this role, you will work closely with commercial loan officers and business customers to manage established lending relationships, support new loan opportunities, and contribute to the continued growth of our commercial portfolio. This position combines customer interaction, credit analysis, and portfolio management, making it an ideal opportunity for a banking professional looking to expand their commercial lending career.

Some of the position responsibilities include:

• Manage and support a portfolio of commercial banking relationships.
• Analyze credit history of applicants and determine loan repayment capabilities.
• Obtain customer financial reports and appraisals; document collateral values.
• Facilitate the process of negotiating credit terms, loan repayment methods, and collateral specifications.
• Partner with lenders to facilitate loan closings, renewals, modifications, and portfolio reviews.
• Assist lenders with customer-call research and preparation, loan participations, and the management of past-due and maturing loans.
• Collaborate with internal teams to ensure exceptional service and efficient loan administration.
• Represent Monson Savings Bank in the community through business and networking events.
• Contribute ideas that improve processes, enhance service, and support departmental goals.

This exempt, full-time position is based at the Loan & Operations Center, located at 75 Post Office Park in Wilbraham, Massachusetts, with the potential for a future hybrid or remote work arrangement.

Salary range: $85,000–$110,000

We’re looking for a business professional with:

• Bachelor's degree in Business, Finance, Accounting, or a related field.
• Minimum of three years of experience in commercial credit or commercial lending.
• Strong knowledge of commercial lending practices, credit analysis, and financial statement review.
• Excellent customer service and relationship-building skills.
• Strong written and verbal communication abilities. Demonstrated technical report writing skills.
• Proficiency with Microsoft Office, particularly Excel and Word.
• Exceptional organizational skills and the ability to manage multiple priorities.
• A collaborative approach to working with colleagues, customers, and business partners.
• A commitment to confidentiality, regulatory compliance, and professional integrity.

Benefits of working for a local community bank include paid time off, a 401(k) plan with company match, and a comprehensive suite of insurance benefits, including medical, dental, and more. This is a great opportunity to join a successful local bank with a rich history of investing in its employees and communities for more than 150 years!

Monson Savings Bank is an Equal Opportunity Employer to all protected groups, including protected veterans and individuals with disabilities.

Reasonable accommodation may be made to enable qualified individuals with disabilities to perform the essential position functions.

Join our growing and dynamic team! We are a successful community bank dedicated to our customers, associates and communities!