Senior CRE Credit Manager

Automatic Data Processing, Inc.; Boston (MA); Hybrid; USD 100,000 - 135,000; Full time

Job summary

Northeast Bank in Boston, MA is seeking a Commercial Real Estate Credit Manager to evaluate, underwrite, and monitor credit risk across the real estate loan portfolio. You will support the credit process with detailed financial analysis, collateral evaluation, and market research for well-informed lending decisions.

The role collaborates with originations, real estate, asset management, and senior credit teams, including due diligence and credit memos for Credit Committee presentations.

Qualifications

• 4+ years of experience in commercial real estate lending, real estate valuation and/or underwriting.
• Bachelor’s degree with a strong track record of performance and leadership. Formal bank credit training or continuing education in credit and/or real estate topics a plus
• Intermediate to advanced Excel skills with knowledge of real estate financial modeling and operating business analysis
• Exceptional interpersonal and written skills; ability to distill complex credit analysis into concise investment memos and Credit Committee presentations
• A 'can-do' attitude with the ability to thrive in a fast-paced, feedback-heavy environment
• Ability to successfully pass all technical and regulatory examinations required by the Bank

Responsibilities

• Credit Analysis: analyze borrower financial statements, rent rolls, operating statements, and cash flow to assess creditworthiness and repayment capacity
• Collateral Evaluation: review and analyze third-party appraisals, internal valuations, and market data to assess collateral quality, value, and associated risks
• Portfolio Monitoring: support ongoing surveillance of portfolio credits by tracking financial performance, covenant compliance, and market conditions
• Credit Memoranda & Reporting: prepare clear, concise credit memos and supporting materials for internal approval processes, including Credit Committee presentations
• Collaboration: partner with originations, real estate, asset management, and senior credit team members to evaluate opportunities and manage risk across the platform
• Due Diligence: participate in due diligence efforts, including borrower calls, site inspections when appropriate, and review of third-party reports (appraisals, environmental, engineering, etc.)
• Portfolio Management: when necessary, manage a portfolio of acquired or originated loans

Skills

CRE lending

Excel modeling

Communication

Credit compliance

Leadership

Education

Bachelor's degree

Bank credit training

Job description

Northeast Bank in Boston, MA is seeking a Commercial Real Estate Credit Manager to evaluate, underwrite, and monitor credit risk across the real estate loan portfolio. You will support the credit process with detailed financial analysis, collateral evaluation, and market research for well-informed lending decisions.

The role collaborates with originations, real estate, asset management, and senior credit teams, including due diligence and credit memos for Credit Committee presentations.