Strategic Portfolio Manager – Commercial Credit

Bank of New England; Salem (NH); On-site; USD 85,000 - 100,000; Full time

Job summary

Bank of New England in Salem, NH is seeking a Portfolio Manager - Commercial Credit to join our Commercial Credit team. This on-site, full-time role partners with Commercial Lenders and Credit Administration to assess new lending opportunities and monitor existing relationships.

The ideal candidate has a solid background in financial statement analysis, cash flow evaluation, and commercial underwriting, plus strong communication and collaboration skills to support sound lending decisions.

Qualifications

• Bachelor's degree in Finance, Accounting, Business Administration, or related field.
• 3-5 years of experience in commercial banking, commercial credit analysis, loan underwriting, portfolio management, or commercial lending.
• Strong understanding of financial statement analysis and cash flow evaluation.
• Experience reviewing commercial borrowers' financial information and assessing repayment capacity.
• Knowledge of commercial credit underwriting principles and risk assessment.
• Experience supporting or monitoring commercial loan portfolios.
• Ability to identify financial risks and prepare clear, well-supported credit recommendations.

Responsibilities

• Review borrowers' financial statements, tax returns, cash flow, and financial performance.
• Evaluate borrowers' repayment capacity, creditworthiness, and overall financial condition.
• Assess lending requests and identify potential credit risks.
• Prepare credit analyses, underwriting reports, and supporting documentation for lending decisions.
• Assist with commercial loan structuring and provide recommendations based on financial analysis and established credit guidelines.
• Monitor an assigned portfolio of commercial loans and existing borrower relationships.
• Conduct periodic credit reviews, annual reviews, and loan renewals.
• Review financial statements and borrower performance to identify changes in credit quality.
• Monitor loan covenants and ensure required financial information is received and reviewed.
• Identify potential credit concerns and bring them to the attention of the appropriate stakeholders.
• Maintain accurate and organized credit files and portfolio documentation.
• Work closely with Commercial Lenders and Credit Administration throughout the lending process.
• Communicate credit findings, financial concerns, and recommendations to relevant internal stakeholders.
• Assist with preparing portfolio reports and other credit-related documentation.
• Participate in borrower meetings and relationship management activities when needed.
• Ensure credit files and lending activities comply with internal policies, underwriting standards, and applicable regulatory requirements.

Skills

Analytical skills

Organizational skills

Problem solving

Written communication

Verbal communication

Excel

Independent worker

Education

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

Tools

Excel

Word

Job description

Bank of New England in Salem, NH is seeking a Portfolio Manager - Commercial Credit to join our Commercial Credit team. This on-site, full-time role partners with Commercial Lenders and Credit Administration to assess new lending opportunities and monitor existing relationships.

The ideal candidate has a solid background in financial statement analysis, cash flow evaluation, and commercial underwriting, plus strong communication and collaboration skills to support sound lending decisions.