CRE Portfolio Manager - Lowell/NH

Job description

The Portfolio Manager (PM) role is a “credit oriented” role responsible for the preparation of effective analyses, risk administration, and making independent credit recommendations, with a particular emphasis on adherence to credit policy, financial analysis, risk assessment, ongoing portfolio maintenance, and maintaining risk ratings to ensure quality and soundness for credit transactions. The PM works with a specified group of loan officers broken out by lending center and reports directly to the Commercial Credit Officer. Responsibilities: - Completes due diligence and prepares analysis of commercial borrowers and prospects, including compiling financial and business data and spreading financial statements for modest and complex transactions. - Assesses risk and makes independent credit recommendations, including but not limited to evaluating obligor risk ratings on both new and existing relationships providing input in the loan decisioning process. - Maintains timely renewals of loan maturities, covenant compliance, and annual reviews for assigned lending team. - Continuously monitors existing loans and credit lines to ensure compliance with terms and proactively manages risk/...