• Commercial Relationship Manager III

    Eastern Bank (Boston, MA)


    Hiring Range: $136,599 - $224,413

     

    _The posted salary range reflects Eastern’s expected hiring range. Actual pay may vary based on experience, skills, and market factors; additional compensation may apply. Eastern offers a robust benefits and retirement package. Please see the description of benefits included with this job posting for additional information._

    Responsibilities include, but are not limited to the following:

    CRE Business Development:

    + Lead business development efforts identifying appropriate prospects and make personal calls on current and prospective customers under the direction of a Team Leader.

    + Take a leadership role representing Eastern Bank in business and community activities.

    + Actively identify opportunities to cross-sell other bank products and services to customers and prospects including Treasury Services, commercial insurance and deposit products.

    Credit Underwriting

    + Review existing credit facilities and new credit applications, analyze credit quality and make recommendations as to how to structure and price these facilities.

    + Present relevant data and recommendations to the Team Leader and Credit Committee when appropriate.

    + Work with legal counsel to facilitate documentation of credit facilities. Portfolio Management

    + Maintain awareness of maturating credits, overdue payments, financial information reporting; etc, which could affect the status of the commercial relationships and take appropriate action.

    + Work with Portfolio Managers to insure that financial information is collected on a timely basis and that credit exposure is properly rated reflecting credit quality over time.

    + Maintain frequent contact with the clients and serve as representative of EB insuring that the clients deposit, cash management, insurance and investment management needs are being properly handled.

    **Qualifications** :

    + Proven underwriting abilities, including 5 plus years experience in commercial real estate analysis and/or commercial banking.

    + Formal bank credit training preferred.

    + Familiarity with top tier and middle market commercial companies within the New England marketplace.

    + Incumbent should be able to excel with integrity in an entrepreneurial, team-oriented environment.

    + Incumbent should be energetic and comfortable in an environment offering base salary plus performance oriented compensation.

    + Proficient/computer literate in Microsoft Word and Excel with the willingness/ability to learn new software as necessary.