Special Assets Portfolio Manager

Rockland Trust is a full‑service commercial bank and financial services company committed to helping our neighbors reach their financial goals. Founded in 1907 and headquartered in Massachusetts, we proudly serve individuals, families, and businesses throughout New England with a strong emphasis on personal relationships, local decision‑making, and community impact.

With a broad range of banking, wealth management, and investment solutions, Rockland Trust combines the resources of a growing financial institution with the personalized service of a community bank. Our long‑standing philosophy—Where Each Relationship Matters®—guides how we work with our customers, colleagues, and communities every day.

At Rockland Trust, our employees are at the heart of our success. We foster a collaborative, inclusive, and values‑driven culture that encourages professional growth, innovation, and work‑life balance. We are deeply committed to community involvement, financial education, and creating a workplace where individuals can build meaningful, long‑term careers.

Rockland Trust is currently seeking a Special Assets Portfolio Manager to join our Special Asset Group. The incumbent, whose role is “credit orientated” reports to the SAG Credit Officer and is accountable to the Chief Credit Officer. The SAG Portfolio Manager will utilize their credit skills to underwrite and manage a portfolio of criticized loans for both C&I and Real Estate loans.

The incumbent will work with Special Assets/workout officers that service a wide variety of criticized commercial loans. Will assist the SAG Credit Officer on specific projects as requested from the SAG Group.

• Working with workout officers, manage and maintain an assigned portfolio of classified assets.
• Preparation of loan packages for loan restructure approval, including submission to Special Asset Committee.
• Prepare credit analysis in accordance with LUAG for existing relationships with special emphasis on loan restructuring and risk mitigation.
• Assists workout officers in the preparation of Watched Asset Reports & Classified Assets Reports as needed.
• Assist REO officer in preparation of OREO asset and reconciliation reports, bid strategies, and other tasks as needed.
• Follow up on loan delinquencies as instructed by Loan workout officers.
• Maintain timely renewals of loan maturities for assigned portfolio of criticized assets.
• Monitors current loans and credit lines to ensure compliance with terms.
• Monitors and maintain tracking of existing loans for covenant compliance.
• Facilitate borrower financial reporting submissions to Bank
• Review and recommend accurate relationship risk ratings on an ongoing basis.
• Ensure the timely completion of credit file updates
• Acting as a liaison between workout officers and attorneys, customers, consulting groups, appraisers, etc.
• Collaborate in coordinating pre-closing activities.
• Assisting in the resolution of customer inquiries and problems.
• Assisting the officers with operational/administrative issues.
• Possess a working knowledge of the Horizon system & BI Reports.

• Will act as a Liaison between the SAG team and the Credit Administration, Loan operations and servicing groups.
• Ability to communicate with existing loan customers as needed to obtain information concerning their business, needs, abilities and earnings to determine risk mitigation strategies to prevent losses for the bank.
• The candidate shall posses the ability to make restructuring and risk mitigation strategies to prevent bank losses, which are based on their analysis of the business’ financial condition, cash flow, capacity, collateral and its ability to repay

• Bachelors Degree in Business, Accounting, Finance, Economics or…