Eastern Bank Portfolio Manager in Boston, Massachusetts

When you join Eastern Bank, you join the largest and oldest mutual bank in the country. We pride ourselves in having knowledgeable and experienced professionals that can provide the expertise, personal attention and service our customers deserve.

As the fourth-largest full-service commercial bank in Greater Boston, we are able to offer you unique opportunities for career growth throughout the organization, as well as a competitive compensation and benefits program.

As an inclusive company, we work to ensure that our valued employees are treated fairly, recognized for their individuality, and encouraged to reach their fullest potential. These values have earned us a reputation as a great place to work and provide a strong reason why you should consider a career with us.

In this role, you will be responsible for the following:

Manage Financial Reporting and Covenant Tracking

  • Review overdue financials and exceptions monthly

  • Coordinate updates/corrections database

  • Report regularly on status to Relationship Manager and Team Leader

Manage Credit analysts and renewal/approval backlog

  • Monitor all expiration dates 90-days ahead

  • Schedule analyst workflow and priorities

  • Provide senior credit analyst support as needed

  • Underwrite credits as needed

Monitor and track all conforming ABL credits and BBCs

  • Evaluate collateral position monthly

  • Prepare monthly conformity chart on each credit

  • Coordinate loan operations availability per monthly BBC

  • Coordinate field exams, summarize exam results for committee

Credit Risk Review liaison

  • Oversee and coordinate responses to outstanding items/issues

  • Monitor action steps for remediation

  • Work with Senior Credit Officer as needed re: policy, etc.

Provide Backup to Relationship Managers/Relationship Administrators as needed

  • Assist the team during vacations/absences as necessary

  • Approve overdrafts & wires as necessary

  • Provide sales & service support as necessary

  • Formally Credit Trained

  • Demonstrates experience and judgment with credit decisions and analysis

  • Coach credit analysts on credit and customer interaction skills

  • 1-3 years experience

  • Work with limited supervision

Organization: Commercial Real Estate

Title: Portfolio Manager

Location: MA-Boston-Boston 265 Franklin Street

Requisition ID: 01651