Portfolio Manager - CRE Lending

Responsible for ongoing portfolio management in the CML RE Lending area as well as managing and growing a portfolio of CML RE clients with loan and non-loan related business. ESSENTIAL DUTIES & RESPONSIBILITIESSupport the growth and development of an assigned CML RE portfolio, effectively managing clients with loan and non-loan productsComplete or review credit analyses on existing and prospective loan accountsWrite detailed narrative reports regarding the relationship, including the history of the relationship, a review of financial data, collateral coverage, ability to service debt and the risks associated with the creditIdentify relationships requiring updated financial and related information, and prepare customer correspondence related to timely collection for ongoing monitoringReview personal and business financial statements, tax returns and other pertinent financial informationPrepare various written loan reports including: loan presentations, loan modifications, and credit file comments as needed in accordance with the Bank's loan policy and procedures and state and federal banking regulations Recommend appropriate loan risk ratingReview loans for covenant complianceAssist CML RE team lenders with customer inquiries and servicing requestsServe as the back-up for CML RE Lenders on the team when they are out of the officeMonitor overall CML RE loan portfolio exposure for maturities, delinquencies, DDA overdrafts and overall changes in credit situationsParticipate on Bank task forces and committees as needed Represent the Bank at various community functionsPerform additional duties as requested, needed or assignedJOB REQUIREMENTSSuperior customer service skillsExcellent financial analytical skills with sound judgment and decision making abilitiesStrong written and verbal English communication skills and ability to interact with all levels of management, peers and customersExtensive knowledge of personal/business financial statements and tax returnsSolid knowledge of financial institution policies and proceduresStrong knowledge of commercial real estate lending practices and related areasAbility to organize and prioritize to meet deadlinesGood time management skills and ability to handle multiple projectsWorking knowledge of Microsoft office applicationsReliable, self-starter and highly self-motivatedAbility to adhere to Needham Bank's Core Values (Focus on Customer Relationship, Embrace Change, Work as a Team, Be an Asset to Your Community, Always Learn, and Do the Right Thing)EDUCATION & EXPERIENCETwo to four years' bank credit experience or related bank experience in underwriting and analyzing business financial statements and tax returns is preferableStrong knowledge of Federal and State banking regulationsWORKING CONDITIONS/PHYSICAL DEMANDSNormal business office environmentNeedham Bank offers a competitive salary and an amazing benefit package for a full-time employee which includes fully paid medical and dental insurance, HRA, 401(k) plan with an 8% bank match, paid time off (PTO), paid holidays, a bonus program, flexible spending accounts, vision service plan, group term life insurance, short and long term disability insurance, tuition reimbursement, and an Employee Assistance Program. We offer a great benefit package to our eligible part-time employees as well.Pay Range: $75,247.15 - $105,346.01The pay range provided is based on what we believe is a reasonable estimate for the pay range for this job at the time of posting.Actual pay may vary based on experience, skills, and market factors; additional compensation may apply.At NB, we are dedicated to building a diverse, inclusive and authentic workplace - if you are excited about this role, but your past experience doesn't align perfectly with every qualification in the job description, we still encourage you to apply. You may be just the right candidate for this or other roles.Needham Bank is an Equal Opportunity/Affirmative Action Employer. Needham Bank will provide all applicants for employment and all employees with equal opportunity for employment and promotion regardless of race, color, religion, gender, national origin or ancestry, age, disability, veteran status, military service, sexual orientation, genetic information, or gender identity.

Salary : $75,247 - $105,346