Boston, MA, USA
54 days ago
Commercial Relationship Manager III - Asset Based Lending

Responsibilities include, but are not limited to the following: 

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. 

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 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 10 plus years experience in Asset Based Lending or Commercial Banking Experience 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. 

 

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