Senior Commercial Portfolio & Credit Manager

Eastern Bank; Boston (MA); On-site; USD 96,802 - 159,032; Full time

Job summary

Eastern Bank in Boston is seeking an experienced Credit Analyst to manage portfolios, analyze financial statements, and track covenants for client files. The role involves coordinating with relationship managers and preparing updates for loan decisions.

You will evaluate new loan requests, perform cash flow assessments, collateral valuations, and guarantor reviews, while supporting risk reviews and interim reporting.

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 with financial reporting and covenant tracking; obtain annual client financials.
• Analyze financials on existing relationships and prepare update memos.
• Report regularly on status, Team Leader New Loan Requests and Loan Renewals.
• Analyze new loan requests including cash flow assessment, collateral valuation, guarantor assessment.
• Assist in preparing/underwriting pre-deals and credit vehicles (new loans and renewals).

Skills

Credit analysis

Credit judgment

Mentoring teammates

Independent work

Job description

Eastern Bank in Boston is seeking an experienced Credit Analyst to manage portfolios, analyze financial statements, and track covenants for client files. The role involves coordinating with relationship managers and preparing updates for loan decisions.

You will evaluate new loan requests, perform cash flow assessments, collateral valuations, and guarantor reviews, while supporting risk reviews and interim reporting.