VP, Senior Portfolio Manager - Framingham, MA, United States - MutualOne Bank

MutualOne Bank Framingham, MA, United States

2 weeks ago

Description

Title:
VP, Senior Portfolio Manager

Department:
Credit

Reports to:
VP, Credit Management Officer / SVP, Team Leader Commercial Lending

The VP, Senior Commercial Portfolio Manager is responsible for dealing with assigned portfolio of existing and prospective commercial customers.

Responsibilities include identifying, gathering, and analyzing relevant information to assess credit risk, establish viability of sources of repayment and determine appropriate loan structures.

They will also meet with customers on a regular basis, regularly visit the Bank's underlying collateral, and stay engaged and knowledgeable of the market.

This position is also responsible for growing the portfolio in line with the Bank's goals.

This incumbent is also responsible to assure documentation is in compliance with internal policies and procedures, and with state and/or federal regulations.

Acts as lead analyst in collaboration with loan officer in preparing credit presentation with recommendations consistent with bank policy that illustrate well-reasoned analysis.

Bachelor's degree in Business, Finance, Accounting or Economics
Minimum of 10 years of experience in bank lending, loan review and/or compliance.

Understanding of the elements of more complicated credit analysis and underwriting of CRE and C & I loans is a must.

Strong leadership, interpersonal, communication and computer skills

Provide general assistance to the SVP, Team Leader Commercial Lending, such as loan structuring and pricing, monitoring credit performance and assisting with loan presentations.

Analyzes financial data regarding loan requests for new, renewal and existing loans, including data provided by credit bureaus, other financial institutions and financial institution files.

Prepares spread sheets, reports, summaries and opinions for the SVP, Team Leader Commercial Lending on new, renewal and existing loans.

Identifies problem loans, makes recommendations for assignments of loans to upgrade or downgrade Borrower risk ratings.

Discusses the status of problem loans with the SVP, Team Leader Commercial Lending, VP, Credit Management Officer, and EVP & Chief Lending Officer and may make recommendations regarding the future credit information needs and preparation of critical action plans if applicable.

Recommends improvements to loan policies and credit risk review policies and procedures.

Maintains knowledge of department policies and procedures through internal and external training activities and stays current on all assigned training.

Prepares memos for Security Committee and management reports.
Other duties to be assigned by the SVP, Team Leader Commercial Lending and EVP & Chief Lending Officer.

Strong understanding of accounting principles with ability to prepare and analyze financial statements.
Advanced computer skills including Microsoft Word, and Excel
Ability to use standard equipment such as computers, phones, & photocopiers.
There is potential for eyestrain from reading detailed printouts and computer screen. Work may involve light travel from time to time and occasional telecommuting.

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

Portfolio Manager

1 week ago

Lighthouse Realty Management, LLC Boston, United States

COMPANY DESCRIPTION · Boston-based property management firm dedicated to providing detail-focused services to our clients. Located in the Back Bay, we manage a wide array of clients and provide an expansive range of services from daily property operations to large-scale replaceme ...
Housing Portfolio Manager

1 day ago

Bay Cove Human Services Boston, United States

Bay Cove Human Services' mission is to partner with people to overcome challenges and realize personal potential. Bay Cove pursues this mission by providing individualized and compassionate services to people facing the challenges associated with developmental disabilities, menta ...
VP, Senior Portfolio Manager

1 week ago

MutualOne Bank Framingham, United States

Position Description · Title: VP, Senior Portfolio Manager · Department:Credit · Reports to: VP, Credit Management Officer / SVP, Team Leader Commercial Lending · Classification:Exempt · Date Prepared: 04/05/2024 · Summary / Objective · The VP, Senior Commercial Portfolio Manager ...
VP, Senior Portfolio Manager

6 days ago

MutualOne Bank Framingham, United States

Position Description · Title: VP, Senior Portfolio Manager · Department:Credit · Reports to: VP, Credit Management Officer / SVP, Team Leader Commercial Lending · Classification:Exempt · Date Prepared: 04/05/2024 · Summary / Objective · The VP, Senior Commercial Portfolio ...
VP, Senior Portfolio Manager

2 weeks ago

MutualOne Bank Framingham, MA, United States

Position Description · Title: VP, Senior Portfolio Manager · Department:Credit · Reports to: VP, Credit Management Officer / SVP, Team Leader Commercial Lending · Classification:Exempt · Date Prepared: 04/05/2024 · Summary / Objective · The VP, Senior Commercial Portfolio Manager ...
Sma Option Overlays Portfolio Manager

3 days ago

Fidelity Investments Boston, United States

**The Group** · With roughly $700 billion in assets under management, Fidelity Asset Management Solutions (FAMS) is a leading provider of multi-asset class solutions for retail and institutional clients. The range of investment solutions includes target date funds, target allocat ...
Asset Based Lending Portfolio Management Officer Ii

3 days ago

Bank of America Boston, United States

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day. One of the keys to ...
Portfolio Manager

1 week ago

Harvard University Cambridge, United States

Additional Qualifications and SkillsKnowledge and demonstrated use MS office suite. · Knowledge financial principles, budget management and financial analysis. · Demonstrated experience with sponsored research awards including DoD (AFOSR, ONR, ARO, DARPA) NSF, NASA, DoE, NOAA, Na ...
Portfolio Manager

3 days ago

Harvard University Cambridge, United States

Additional Qualifications and Skills · Knowledge and demonstrated use MS office suite. · Knowledge financial principles, budget management and financial analysis. · Demonstrated experience with sponsored research awards including DoD (AFOSR, ONR, ARO, DARPA) NSF, NASA, DoE, NOAA ...
Manager, Portfolio

20 hours ago

New Profit Boston, United States

Job Description · Job DescriptionPosition: Manager, Portfolio - Events (Catalyze) · Location: Boston, MA, or Washington, DC (temporarily remote) · ABOUT NEW PROFITNew Profit is a nonprofit venture philanthropy organization that backs breakthrough social entrepreneurs who are adv ...
Assistant General Counsel

1 week ago

Ameresco Framingham, United States

Ameresco, Inc. (NYSE:AMRC) is a leading cleantech integrator and renewable energy asset developer, owner and operator. Our comprehensive portfolio includes energy efficiency, infrastructure upgrades, asset sustainability and renewable energy solutions delivered to clients through ...
Apparel Designer

1 week ago

Cella Framingham, United States

**Location: Framingham, Massachusetts** · **Job Type: Contract** · **Compensation Range: $ per hour** · We are currently seeking a talented and experienced **Apparel Designer** to join our client's dynamic Product Development team and play a key role in shaping the future of thei ...
Property Maintenance Building Technician

2 days ago

Commericial Real Estate Company Framingham, United States

PROPERTY MAINTENANCE BUILDING TECHNICIAN · Experience in building maintenance or trades required. · - Ability to work independently and to take direction. · - Willingness to complete any task whether minor or major. · - Provide quality service and response in a professional and p ...
Internship / Student Assistant Position in the Field of Portfolio Management Customer Service

1 week ago

Skyline Enterprises Lowell, United States InternshipSHIP

"Your Future. What to Expect · Working in day-to-day operations and getting to know the Customer Service department of the Earthmoving division · Contributing to the development of Smart Services, such as Connect services, services and over-the-air services · Onboarding of servic ...
Director Portfolio Management

6 days ago

Arrowstreet Capital, Limited Partnership Boston, United States

Team Description · The Portfolio Management team is responsible for implementing the firm's quantitative investment strategies with the objective of maximizing portfolios' transfer coefficient and reducing diseconomies of scale. The team is involved in portfolio construction, ris ...
Portfolio Risk Manager

3 days ago

Westinghouse Electric Company Cranberry, United States

Are you interested in being part of an innovative team that supports Westinghouse's mission to provide clean energy solutions? At Westinghouse, we recognize that our employees are our most valuable asset and we seek to identify, attract and recruit the most qualified talent while ...
Director, Portfolio Management

3 weeks ago

Arrowstreet Capital Boston, United States OTHER

Director, Portfolio Management Team DescriptionThe Portfolio Management team is responsible for implementing the firm's quantitative investment strategies with the objective of maximizing portfolios' transfer coefficient and reducing diseconomies of scale. The team is involved in ...
IT Portfolio Manager of Ancillary

2 weeks ago

Commonwealth Care Alliance Boston, MA, United States

Why This Role is Important to Us Responsible for consulting with CCA's Ancillary Services and Pharmacy Operations to identify and define business needs that require technology solutions to achieve business outcomes. The portfolio manager ensures that IT solutions are best-in-cla ...
IT Portfolio Manager of Ancillary

2 weeks ago

Commonwealth Care Alliance Inc. Boston, MA, United States

IT Portfolio Manager of Ancillary & Pharmacy Services (Remote) #24-157 · Information Technology · Why This Role is Important to Us · Responsible for consulting with CCA's Ancillary Services and Pharmacy Operations to identify and define business needs that require technology s ...
On-Premise Portfolio Manager

1 week ago

Beam Suntory Boston, United States

At Suntory Global Spirits, we craft spirits of the highest quality and deliver brilliant experiences to people around the world. Suntory Global Spirits has evolved into the world's third largest leading premium spirits company ... where each employee is treated like family and tr ...