What are the responsibilities and job description for the Commercial Credit & Portfolio Manager position at Leader Bank?
Job Details
Description
Leader Bank is looking for exceptionally dedicated team members to join one of the region’s fastest growing community banks and mortgage lenders. At the time of its founding in 2002, Leader Bank had one branch office, $6.5 million in assets and 7 team members. Since then, the Bank has become one of the most successful banks in Massachusetts with $4 billion in assets, more than 400 team members, 6 branch offices, and annual mortgage originations of over $2 billion.
Exemplary products and an innovative spirit have driven Leader Bank’s rapid growth over the years, and our team members embrace these values. Our mission is to obsess over our clients, make them feel valued, and maintain long-term relationships with them by constantly enhancing our products and processes to always be improving our client experience. For our team members, Leader Bank prioritizes competitive compensation and benefits, a healthy work-life balance, and an environment that fosters diversity and inclusion.
Summary
The Commercial Credit & Portfolio Manager is responsible for overseeing the credit quality and performance of a diverse portfolio of commercial real estate loans with people management responsibilities. The successful candidate will play a critical role in driving sound credit decisions, ensuring portfolio quality and mentoring a team of analysts and portfolio managers.
Responsibilities
- Manage, mentor and provide guidance to a team of credit analysts and portfolio managers for professional growth and productivity.
- Oversee workload distribution and establish priorities to meet the business objectives
- Lead the underwriting process for complex commercial loan transactions.
- Review, analyze and approve/recommend credit requests in line with risk appetite and policy.
- Work closely with Relationship Managers to structure deals that meet client needs while maintaining credit integrity.
- Monitor and manage a portfolio of commercial loans, including the performance of the CRE loan portfolio across asset types (e.g., multifamily, office, retail, industrial).
- Ensure timely and accurate credit reviews, renewals and covenant compliance.
- Drive process improvements and ensure compliance with regulatory standards.
- Support internal audits, regulatory examinations related to CRE lending and partner with senior management to strengthen credit practices.
Qualifications
- Bachelor’s degree in finance, accounting, economics or related field.
- Minimum 7 years of experience in commercial real estate credit underwriting and portfolio management.
- 3 years of experience managing and developing teams.
- Strong credit analysis, structuring and risk assessment skills.
- Excellent communication, analytical, and leadership skills.
Leader Bank offers an excellent compensation and benefits package including: 401k plan with corporate match, medical and dental insurance, and the opportunity to work for a fast growing, local organization.
Leader Bank, N.A. is an Equal Opportunity and Affirmative Action employer and does not discriminate on the basis of race, color, religion, age, gender, marital status, sexual orientation, national origin, disability, military status, veteran status or any other protected class.
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