Commercial Portfolio Manager III - CDL
Eastern Bank · Boston, Massachusetts, US
Community Development Lending Hiring Range: $96,802 - $159,032 The posted salary range reflects Eastern’s expected hiring range. Actual pay may vary based on...
Job description
Community Development Lending Hiring Range: $96,802 - $159,032: The posted salary range reflects Eastern’s expected hiring range. Actual pay may vary based on experience, skills, and market factors; additional compensation may apply. Eastern offers a robust benefits and retirement package. Please see the description of benefits included with this job posting for additional information. Responsibilities include, but are not limited to the following: - 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) Qualifications: - Manage and update the interim report for the RMs portfolio - Coordinating construction loan advances on certain credits - Assist with Credit Risk Review tas...