Senior CRE Portfolio Manager: Risk, Analytics & Client Delivery

Brief Description

SENIOR COMMERCIAL REAL ESTATE PORTFOLIO MANAGER

Position Summary

At Cambridge Savings Bank, our purpose is to have a positive impact on our customers, employees, and community's financial well-being. We are committed to exceeding expectations and having a strong commitment to diversity. The Senior Commercial Real Estate (CRE) Portfolio Manager, under the supervision of the CRE Portfolio Management Team Leader and assigned Loan Officers, assists with managing the credit risk and loan quality of the CRE loan portfolio by supporting and assisting CRE loan officers with preliminary review and underwriting of new prospective loan opportunities and existing portfolio administration issues including regular customer contact.

In addition, they’re responsible for managing the collection of and monitoring of exceptions and related reporting of CRE customer financial information, as well as the management and preparation of a variety of monthly and quarterly portfolio management information reports as directed by supervisors; the position will be assigned responsibility for some smaller and low activity CRE loan accounts.

Brief Description

POSITION: SENIOR COMMERCIAL REAL ESTATE PORTFOLIO MANAGER

Position Summary

At Cambridge Savings Bank, our purpose is to have a positive impact on our customers, employees, and community's financial well-being. We are committed to exceeding expectations and having a strong commitment to diversity. The Senior Commercial Real Estate (CRE) Portfolio Manager, under the supervision of the CRE Portfolio Management Team Leader and assigned Loan Officers, assists with managing the credit risk and loan quality of the CRE loan portfolio by supporting and assisting CRE loan officers with preliminary review and underwriting of new prospective loan opportunities and existing portfolio administration issues including regular customer contact.

In addition, they’re responsible for managing the collection of and monitoring of exceptions and related reporting of CRE customer financial information, as well as the management and preparation of a variety of monthly and quarterly portfolio management information reports as directed by supervisors; the position will be assigned responsibility for some smaller and low activity CRE loan accounts.

Key Result Areas

• Support and assist CRE loan officers as needed:
  Provide support as needed to loan officers with preliminary underwriting review of new prospective loans, research tenants, collect market, business and financial information. Work with loan officers on existing loan modifications/extensions, information gathering, assist in preparation of the LOS and other portfolio customer related issues. Assist in managing the credit approval process for the team. Assist lenders in the management of the complete new loan and existing loan renewal process from origination to closing and post-closing monitoring.
  
  Assist loan officers in preparing and updating credit file rating summaries and portfolio reviews. Assist loan officers in the ordering and review of third-party reports (appraisal, environmental, building condition). Perform site inspections when needed.
• Collection of CRE Division borrower and property specific financial information as required by loan approvals.
  
  Responsibilities include:
  
  Working with CRE customers for the timely collection of contractually required corporate financial statements, rent rolls, property operating statements, guarantor financial statements, tax returns via scheduled communications including letters, emails and follow-up phone calls. Manage the exception reporting process by keeping the assigned loan officers regularly informed via automated reporting systems. Monitor credit quality through the review of financial reporting information to provide early warning of possible deterioration.
  
  Coordinate the secure delivery of collected customer financial information to all participant banks. Interface when needed with Credit Administration in support of CRE portfolio audits by outside vendors and regulators.
• Management reports:
  Responsible for collecting information and completion of regularly scheduled CRE…