Senior Commercial Portfolio & Credit Manager

Eastern Bank; Boston (MA); Hybrid; USD 85,000 - 110,000; Full time

Benefits offered by this job

Total Rewards program

Tuition reimbursement

Healthcare benefits

Retirement plans

Job summary

Eastern Bank in Boston, MA is seeking an experienced credit professional to manage portfolios and perform financial analysis, covenant tracking, and underwriting for new and renewing loans. The role is hybrid in Boston and offers opportunities for growth.

Ideal candidates have a Bachelor's degree and 5–7 years of credit experience, with the ability to coach junior analysts and collaborate with relationship managers to assess risk and drive timely decisions.

Qualifications

• Formally Credit Trained
• Demonstrates experience and judgment with credit decisions and analysis
• Coach credit analysts on credit and customer interaction skills
• 5-7 years experience Work with limited supervision

Responsibilities

• Portfolio Management, including Financial Reporting and Covenant Tracking Obtaining annual financial information for files from clients
• Analyzing financials on existing relationships and preparing update memos
• Report regularly on status Team Leader New Loan Requests and Loan Renewals
• Analyze new loan requests (cash flow assessment, collateral valuation, spread analysis, guarantor assessment, etc)
• Research, compile, and provide market analysis relative to a credit Assist in preparing/underwriting pre-deals and credit vehicles (both new loans and renewals)
• Manage and update the interim report for the RMs portfolio
• Coordinating construction loan advances on certain credits
• Assist with Credit Risk Review tasks, including coordinate responses to CRR, monitor action steps for remediation, etc.
• Provide Backup to other Relationship Managers/Relationship Administrators as needed
• Assist the team during vacations/absences as necessary
• Provide sales & service support as necessary

Skills

Credit analysis

Financial reporting

Covenant tracking

Credit decisions

Mentoring

Education

Bachelor's Degree

Tools

CRR

Job description

Eastern Bank in Boston, MA is seeking an experienced credit professional to manage portfolios and perform financial analysis, covenant tracking, and underwriting for new and renewing loans. The role is hybrid in Boston and offers opportunities for growth.

Ideal candidates have a Bachelor's degree and 5–7 years of credit experience, with the ability to coach junior analysts and collaborate with relationship managers to assess risk and drive timely decisions.