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

MutualOne Bank Framingham, United States

Found in: Lensa US 4 C2 - 3 days ago

Description

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 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 Banks underlying collateral, and stay engaged and knowledgeable of the market.

This position is also responsible for growing the portfolio in line with the Banks 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.

Experience & Education Requirements:

Bachelors 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

Essential Job Functions:

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

Is responsible for a Portfolio of Loans and serves as the Primary Point of Contact for all new requests, renewals, and maintenance for that Portfolio.

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. Also included here are reports on past due loans, critical action plans and exception tracking.

Professional interaction and communication with customers and third-party professionals (Accountants, Attorneys, Environmental Engineers, etc.).

Meets with clients regularly and maintains open communication with them, including returning correspondences promptly.

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 the privacy of customer information and the security of all records.

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.

Required knowledge, skills & abilities:

In depth knowledge of all federal and state regulations regarding lending and related departments

Strong understanding of accounting principles with ability to prepare and analyze financial statements.

Advanced computer skills including Microsoft Word, and Excel

Advanced written, oral, and interpersonal skills with ability to prepare and present presentations.

Ability to apply critical thinking and problem-solving skills

Ability to adapt to changing demands and requirements and work independently and in a team environment.

Compliance with BSA regulations as appropriate to the position

Physical Demands and Work Environment:

Ability to use standard equipment such as computers, phones, & photocopiers.

Work involves standing and walking for brief periods of time, but most duties are performed from a seated position.

There is potential for eyestrain from reading detailed printouts and computer screen. Deadlines, workloads during peak periods and pressure may cause increased stress levels.

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.

Other Duties

This job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. It is expected that from time to time other duties, both related and unrelated to the above, may be assigned and therefore, required.

Apply Here:

VP, Senior Portfolio Manager

Found in: One Red Cent US C2 - 5 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 Manager ...
VP, Senior Portfolio Manager

Found in: Jooble US O C2 - 5 days ago

MutualOne Bank Framingham, MA, United States

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 custom ...
VP, Senior Portfolio Manager

Found in: Jooble US O C2 - 5 days 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 ...
Manager, Portfolio

Found in: ZipRecruiter Test10S US C2 - 5 days 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 ...
Director Portfolio Management

Found in: Appcast Linkedin GBL C2 - 3 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

Found in: Lensa US 4 C2 - 6 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 ...
IT Portfolio Manager of Ancillary

Found in: Jooble US O C2 - 4 days 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 ...
Director Portfolio Management

Found in: Jooble US O C2 - 4 days ago

Arrowstreet Capital, Limited Partnership Boston, MA, 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, ri ...
Portfolio Management Associate

Found in: One Red Cent US C2 - 5 days ago

Cabot Properties Boston, United States

Cabot Properties is an institutional investor, developer, and operator of logistics real estate. As an industry leader for over 30 years, we have used our expertise and acumen to create ongoing value for our partners. Cabot has a strong team of dedicated, bright, strategic, and d ...
IT Portfolio Manager of Ancillary

Found in: Jooble US O C2 - 4 days 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 ...
Condominium Portfolio Manager

Found in: ZipRecruiter Test10S US C2 - 5 days ago

First Realty Management Boston, United States

Job Description · Job DescriptionA family-owned and privately held property management company, First Realty Management has more than 70 years of experience with the industry knowledge to match. We combine the resources of a large company with the personal touch and attention to ...
Condominium Portfolio Manager

Found in: ZipRecruiter Test10S US C2 - 5 days ago

First Realty Management Boston, United States

Job Description · Job DescriptionA family-owned and privately held property management company, First Realty Management has more than 70 years of experience with the industry knowledge to match. We combine the resources of a large company with the personal touch and attention to ...
Director, Portfolio Management

Found in: beBee S2 US - 1 week 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 ...
Senior Property Portfolio Manager

Found in: Jooble US O C2 - 4 days ago

CHARLESGATE Boston, MA, United States

The Portfolio Senior Property Manager is accountable for the performance of their portfolio and leading their team members within their portfolio to ensure an excellent experience for clients and residents. Portfolio members primarily include the Resident Services Manager, Proper ...
Global Product Portfolio Manager

Found in: Appcast Linkedin GBL C2 - 5 days ago

Hanna Instruments Woonsocket, United States

Hanna Instruments, an industry leader and manufacturer of scientific instrumentation, is seeking a full-time Global Product Portfolio Manager for our Woonsocket, Rhode Island office. This role will lead all phases of the product life cycle, from inception to introduction into the ...
Equity Portfolio Management, Officer

Found in: Lensa US 4 C2 - 4 days ago

State Street Boston, United States OTHER

Role Summary/Purpose: · The Implementation Portfolio Management team manages approximately 30 client portfolios that substantially replicate portfolios run by SSGA Stamford's Active Fundamental Equity portfolio managers and analysts. In addition to client portfolio management, th ...
Global Product Portfolio Manager

Found in: Lensa US 4 C2 - 2 days ago

Hanna Instruments Woonsocket, United States

Hanna Instruments, an industry leader and manufacturer of scientific instrumentation, is seeking a full-time Global Product Portfolio Manager for our Woonsocket, Rhode Island office. This role will lead all phases of the product life cycle, from inception to introduction into the ...
Commercial Loan Portfolio Manager

Found in: ZipRecruiter Test10S US C2 - 2 days ago

Reading Co-Operative Wakefield, United States

Job Description · Job DescriptionPOSITION SUMMARY: · We are looking for a Portfolio Loan Officer who will be responsible for managing a part of the Commercial Lending portfolio which may include commercial real estate loans, construction loans, C&I loans, lines of credit, terms l ...
Credit Portfolio Manager II

Found in: Lensa US 4 C2 - 5 days ago

TD Bank Braintree, United States

**Work Location:** · Remote Braintree (MA) · **Hours:** · 40 · **Pay Details:** · 110, ,400. USD · TD is committed to providing fair and equitable compensation opportunities to all colleagues. The included salary range for this role takes into account multiple factors that are co ...
Underwriting & Portfolio Management Regional Manager

Found in: Talent US C2 - 4 days ago

Santander Boston, United States Full time

: Manages a team of underwriters. Reviews, analyzes and evaluates risks in order to renew existing business or generate new accounts. Determines appropriate terms and conditions for coverages and rates for program profitability. Contributes to the profitable growth of specific p ...