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/exposure and compliance with Credit Policy for assigned portfolio
• Identifies early client risk/exposure, early detection of volatile industries and markets for assigned portfolio within designated region to proactively minimize potential losses.
• May interact by phone/email/in person with existing and potential customers on credit or risk related matters.
• May identify cross-sell opportunities
  
  

Core Competencies

• Ability to make lending recommendations, which are based on the analysis of the business’ and guarantor’s ability to repay, collateral analysis, loan structure, and other credit considerations
• Ability to communicate effectively with colleagues, customers, and third parties to ascertain and address risk in both new opportunities and existing loans
• Will act as a liaison between the assigned lending team and the Credit Administration/Operations Department for portfolio management/credit related processes.
  
  

Minimum Qualifications

• Formal Credit Training or equivalent work experience
• Minimum 3 years’ prior Commercial Credit Analysis required, Portfolio Manager experience preferred
• Bachelor’s Degree in Business, Accounting, Finance, Economics or equivalent experience.
• Commercial Real Estate & Construction analysis experience required
  
  

Our goal is to offer our colleagues the most generous benefits package possible. We strive to provide colleagues with a comprehensive benefits package and an environment that supports a healthy work-life balance. Benefits include: Competitive compensation with performance incentive awards, Health Insurance, Dental Insurance, a 401K and DC Plan for your retirement, LTD & Life Insurance, Day Care Reimbursement, Tuition Assistance for graduate and undergraduate programs, an award winning Wellness program and much more!

At Rockland Trust you'll find a respectful and inclusive environment where everyone is given the chance to succeed. We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, marital status, national origin, disability status, protected veteran status, or any other characteristic protected by law.

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.