Portfolio Manager I — Commercial Lending & Credit

Salem Five Bank

Salem (MA)

On-site

USD 82,000 - 131,000

Full time

4 days ago
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Benefits offered by this job

Medical, dental, and vision coverage
401(k) matching
Tuition reimbursement
Employee referral program
Annual holiday reception
Summer family outing

Job summary

Salem Five Bank, a long-standing regional financial services firm, seeks a credit professional to manage an assigned commercial loan portfolio and monitor covenant compliance. You will verify borrower reporting, assist with renewals, extensions, and modifications, and support underwriting with accurate information.

You will work closely with lenders to strengthen client relationships, ensure adherence to policy, and participate in regulatory reviews while representing the bank professionally in

Qualifications

  • Minimum 2–3 years of commercial/credit analysis experience with a business degree.
  • Formal credit training strongly desired.

Responsibilities

  • Maintain and service a commercial loan portfolio assigned by the Team Leader.
  • Monitor borrower reporting and covenant compliance across the portfolio.
  • Assist with loan renewals, extensions, and modifications as needed.
  • Support underwriting staff with information and loan documentation review.
  • Attend client calls to develop bank relationships.
  • Ensure compliance with loan policy and regulatory expectations.

Skills

Strong credit skills
Independent worker
Multitask ability
Tech/system proficiency

Education

Bachelor’s degree in business

Tools

NextGen system

Job description

Salem Five Bank, a long-standing regional financial services firm, seeks a credit professional to manage an assigned commercial loan portfolio and monitor covenant compliance. You will verify borrower reporting, assist with renewals, extensions, and modifications, and support underwriting with accurate information.

You will work closely with lenders to strengthen client relationships, ensure adherence to policy, and participate in regulatory reviews while representing the bank professionally in

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