Current jobs related to Commercial Loan Portfolio Manager - Wakefield - Reading Co-Operative

  • Commercial Relationship Officer

    3 months ago

    Wakefield, United States Westerly CCU Full time

    Receive $1,000 Sign-On Bonus *Paid out after 90 days with a satisfactory review* ESSENTIAL FUNCTIONS AND BASIC DUTIES Assumes responsibility for the effective and professional completion of assigned commercial loan and deposit acquisition functions. Interviews, takes applications, and processes all necessary documentation on commercial loan Discusses loan...

  • Commercial Property Manager

    3 weeks ago

    Wakefield, United States Real Estate Services Full time $80,000 - $130,000

    Job DescriptionJob DescriptionDescription:We are third-party property management firm based north of Boston, managing suburban office, industrial, retail and medical properties. Our property managers are responsible for all aspects of property operations within their portfolio, including day-to-day operations, tenant and owner communications, vendor...

  • Commercial Relationship Officer

    6 days ago

    Wakefield, United States Westerly CCU Full time

    Job SummaryWe are seeking a highly skilled Commercial Relationship Officer to join our team at Westerly CCU. As a key member of our commercial lending team, you will be responsible for building and maintaining strong relationships with our business members, identifying new business opportunities, and providing exceptional customer service.Key...

  • Commercial Lines Account Manager

    3 weeks ago

    Wakefield, United States World Insurance Associates, LLC. Full time

    Job DescriptionJob DescriptionSummaryWorld Insurance Associates is a unique insurance organization offering top products and services from major providers, combined with attentive service from local agents.Founded in 2011, World is one of the fastest-growing insurance brokers in the U.S. with over 2,200 employees in over 260 offices across North America. ...

  • Commercial Insurance Sales Producer

    3 weeks ago

    Wakefield, United States World Insurance Associates, LLC. Full time

    Job DescriptionJob DescriptionDo you love prospecting and selling but do not like "starting over at zero" at the start of the new year?  Then you need to talk to us about our Client Advisor Program where you steadily build a book of clients and receive annual commissions every year.  We do not start you over at zero every January 1st.  You can continue to...

  • Commercial Insurance Sales Producer

    2 weeks ago

    Wakefield, United States World Insurance Associates, LLC. Full time

    Job DescriptionJob DescriptionDo you love prospecting and selling but do not like "starting over at zero" at the start of the new year?  Then you need to talk to us about our Client Advisor Program where you steadily build a book of clients and receive annual commissions every year.  We do not start you over at zero every January 1st.  You can continue to...

  • Commercial Insurance Sales Producer

    2 weeks ago

    Wakefield, Massachusetts, United States World Insurance Associates, LLC. Full time

    Job DescriptionAre you a sales professional looking for a challenging opportunity to build a steady book of clients and receive annual commissions? Do you enjoy prospecting and selling, but dislike starting over at zero every year? We have an exciting opportunity for you at World Insurance Associates, LLC.Position OverviewAs a Client Advisor, you will be...

  • Commercial Lines Account Executive

    3 weeks ago

    Wakefield, United States World Insurance Associates, LLC. Full time

    Job DescriptionJob DescriptionSummaryWorld Insurance Associates is a unique insurance organization offering top products and services from major providers, combined with attentive service from local agents.Founded in 2011, World is one of the fastest-growing insurance brokers in the U.S. with over 2,200 employees in over 260 offices across North America. ...

  • Commercial Relationship Officer

    2 days ago

    Wakefield, United States Westerly CCU Full time

    Job Title: Commercial Relationship OfficerWesterly CCU is seeking a highly skilled Commercial Relationship Officer to join our team. As a key member of our commercial lending team, you will be responsible for fostering strong relationships with our commercial members, identifying business opportunities, and providing exceptional customer service.Key...

  • Administrative Assistant

    3 weeks ago

    Wakefield, United States Real Estate Services Full time $50,000

    Job DescriptionJob DescriptionAbout the role:Offers general administrative support to the commercial property management team.  Job functions include answering the phone, responding to tenant email communication, creating and tracking invoices, scheduling services, drafting contracts and other documents.  This is a full time in-person position, 5 days per...

  • Operations Maintenance Manager

    4 weeks ago

    Wakefield, United States Agilitas Energy Full time

    Join our fast-growing team at Agilitas Energy, a leading integrated developer and operator of distributed solar and energy storage systems in the Northeast. We are looking for an energetic and results-driven individual with 7+ years of combined experience in utility-scale O&M activities of operational PV and battery energy storage systems (BESS) to fill our...

  • Digital Marketing Account Manager

    1 week ago

    Wakefield, Massachusetts, United States C-4 Analytics Full time

    Job DescriptionAbout C-4 AnalyticsC-4 Analytics is a leading provider of digital marketing solutions, dedicated to helping automotive dealerships achieve their sales and marketing goals. Our team of experts is committed to delivering innovative and effective digital marketing strategies that drive real results.Job SummaryWe are seeking a highly motivated and...

  • Property Management Professional

    6 days ago

    Wakefield, Massachusetts, United States Beacon Hill Full time

    Associate Property Manager Job DescriptionWe are seeking a detail-oriented Associate Property Manager to join our team at Beacon Hill. This role will provide a comprehensive learning experience in property management, with full responsibilities for a designated portfolio.Key Responsibilities:Tenant Management: Prepare commencement letters, handle lease...

  • Property Management Professional

    5 days ago

    Wakefield, Massachusetts, United States Beacon Hill Full time

    Job SummaryWe are seeking a detail-oriented Associate Property Manager to join our team at Beacon Hill. This entry-level role provides full property management responsibilities for a designated portfolio, allowing you to work closely with the General Manager to develop and enhance your property management skills.Key ResponsibilitiesTenant Management: Prepare...

  • Pest Management Specialist

    3 weeks ago

    Wakefield, Massachusetts, United States British Pest Control Association Full time

    Pest Management Technician - British Pest Control AssociationLocation: Various LocationsJob OverviewCompetitive salary exceeding industry standardsIncentives and additional hours availableAnnual leave of 21 days, increasing to 25 daysSpecial day off for personal celebrationsHealth coverage optionsRetirement planPosition SummaryWe are seeking a dedicated...

  • Pest Management Specialist

    3 weeks ago

    Wakefield, Massachusetts, United States British Pest Control Association Full time

    Pest Management Specialist - British Pest Control AssociationLocation: Not specifiedJob OverviewCompetitive salary exceeding industry standardsIncentives and overtime opportunitiesAnnual leave of 21 days, increasing to 25 daysBirthday leaveHealth cover providedPension scheme availablePosition SummaryWe are seeking a dedicated individual to enhance our team...

  • Construction Site Manager

    3 months ago

    Wakefield, United States Agilitas Energy Full time

    Advance your career at Agilitas Energy, the leading developer, builder, owner and operator of large scale, commercial solar and battery storage systems in the Northeast.The Construction Site Manager/Superintendent is a key member of the project team, directing the construction of solar and battery storage projects from conception to completion. The...

  • Construction Site Manager

    3 months ago

    Wakefield, United States Agilitas Energy Full time

    Advance your career at Agilitas Energy, the leading developer, builder, owner and operator of large scale, commercial solar and battery storage systems in the Northeast.The Construction Site Manager/Superintendent is a key member of the project team, directing the construction of solar and battery storage projects from conception to completion. The...

  • Personal Lines Account Manager Wakefield

    3 months ago

    Wakefield, United States Criterion Executive Search Full time

    Job DescriptionJob DescriptionOur client, a rapidly growing and unique insurance organization and one of the fastest-growing insurance brokers in the U.S., is seeking a highly motivated and customer-focused Personal Lines Account Manager to join their team.As the Personal Lines Account Manager, you will be responsible for efficiently managing a high-volume...

  • Service Manager Healthy Places and Communities

    4 months ago

    Wakefield, United States Newstartmag Full time

    Company: Wakefield Council Website: Location: Wakefield, West Yorkshire Apply Now **Service Manager Healthy Places and Communities** The core focus of this job is to work with partners, including the local population themselves, to improve health and wellbeing and reduce health inequalities by enabling healthy communities and places. The role will...

Commercial Loan Portfolio Manager

4 months ago

Wakefield, United States Reading Co-Operative Full time
Job DescriptionJob Description

POSITION 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 loans, etc., while adhering to the Bank’s credit policy. The Portfolio Loan Officer will review and recommend approval of requisitions, site inspections, loan monitoring, and collection of overdue accounts. They will have sound credit skills, and exercise discretion and independent judgment in their decision making. The candidate will also be responsible for interim monitoring of covenants, borrowing base certificates and other conditions of credit.

This position is jointly responsible with the Relationship Managers for effectively interacting with clients to enhance their relationship with the Bank.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

  1. Manage and report on assigned loan portfolio, ensuring optimal performance by assisting in collecting financials, monitoring relationships, etc.
  2. Conduct ongoing financial and collateral performance monitoring, including financial statement preparation, modeling, and analysis as needed.
  3. Assist the credit department in the preparation of annual reviews for existing customers, providing in-depth financial and risk assessments.
  4. Analyze financial statements to identify strengths and weaknesses in borrowers' operating performance.
  5. Review and renew demand lines of credit, commercial real estate loans, and letters of credit, ensuring all loan conditions are met.
  6. Work directly with clients to collect and review financial documents and support customer inquiries.
  7. Collaborate with closing attorneys, accountants, lenders, and support staff to ensure compliance with loan pre-closing and post-closing conditions.
  8. Monitor and manage loan maturities and renewals to prevent administrative delays.
  9. Conduct periodic credit reviews, particularly in cases indicating potential risk.
  10. Identify trends in client activities that may signal credit quality issues.
  11. Assist in the collection of financial documents and manage smaller credit requests, from financials and application collection, to approvals, closing, etc.
  12. Support senior lender with customer follow-ups and relationship management.
  13. Monitor and address past due loans and overdraft accounts regularly.
  14. Manage loan extensions, modifications, name changes, rate changes, and notifications of customer dissolutions, etc.
  15. Assist in the preparation and review of loan documents for assigned relationships.
  16. Collaborate with account officer or Chief Credit Officer on workout credits as necessary.
  17. Prepare and organize required reports, memos, and other necessary documentation in a timely manner.
  18. Demonstrate compliance with banking laws and regulations as defined in company policies and procedures.
  19. Work collaboratively with other departments, participate in projects and special assignments representing Community Business Banking.
  20. Provide guidance, coaching, and mentoring to junior staff and participate in training new incumbents.
  21. Other tasks as assigned.

MINIMUM KNOWLEDGE, SKILLS AND ABILITIES REQUIRED:

  • Bachelor's degree (B. S. in business, finance, or related field) from four-year college or university strongly preferred.
  • Three to five years related experience and/or training; or equivalent combination of education and experience strongly preferred.
  • Familiarity with loan terminology and legal requirements.
  • Demonstrated ability to define problems, collect data, establish facts, and draw valid conclusions.
  • Demonstrated analytical, problem solving and decision-making skills required.
  • Proven background in the review of financial statements and tax returns submitted by applicants and is capable of evaluating their ability to repay.
  • Interprets and evaluates consumer credit bureau reports, Dun & Bradstreet business reports and public records.
  • Demonstrated excellent communication – both written and verbal skills required.
  • Must be a “team player”, flexible and willing to support other business line partners to provide excellent customer service.
  • Must be results oriented and able to prioritize multiple tasks.
  • Must be a person of high integrity who is dependable and professional.
  • Bi-lingual/Spanish speaking a plus.


Reading Cooperative Bank provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.

This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.