USA Jobs
Commercial Credit Expert Underwriting/Portfolio Manager - Corporate Banking
USA Jobs, Boston, Massachusetts, United States, 02108
Commercial Credit Expert
The Commercial Credit Expert is responsible for leading a team of credit professionals in evaluating, underwriting, and managing a portfolio of commercial credit relationships. The Commercial Credit Expert serves as the subject matter expert handling the most complex credit transactions on the team. This client facing role involves ensuring adherence to credit policies, maintaining portfolio quality, timely and accurate risk ratings, and collaborating with relationship managers (RM) to support business growth. The position requires strong leadership skills, in-depth credit knowledge, and the ability to make informed decisions to manage and mitigate portfolio risk. Primary responsibilities include: Leading the diligence, structuring, and legal documentation creation/negotiation of loan requests for commercial clients. Displaying deep understanding of financial regulatory environment as it applies to underwriting most forms of commercial credit transactions. Facilitating the credit needs of customers by underwriting new requests and material modifications from deal screen through approval and for the life of the loan. Managing the ongoing credit risk of existing loan portfolios through continuous credit monitoring (CCM) activities enabling the timely identification of emerging credit risk so that appropriate actions can be taken to manage the risk, minimize losses and assign an accurate risk rating. Analyzing financial information and related materials and completing the credit analyses for the Bank's commercial transactions. Partnering proactively with RMs, and being intimately involved throughout the deal process, from deal screen through approval and for the life of the loan to maintain timely and accurate risk ratings for a portfolio of commercial credits. Scope of responsibilities includes: Corporate/Institutional designation includes the following segments: FIG, Fund Banking, Institutional/REIT, Large Corporate and Leveraged Lending. Commercial Credit is responsible for the credit delivery of the Bank's commercial clients. Credit assessments range from initial analyses of new relationships to the Bank to material modifications or restructurings of long-term relationships and ongoing monitoring through the life of the loan. Position is considered the subject matter expert in all facets of the commercial credit transaction from origination to ongoing monitoring. Education and experience required: Bachelor's degree in Accounting, Finance, or related discipline with a minimum of 10 years' related transaction/credit experience, or in lieu of degree, a combined minimum of 14 years' higher education and work experience including a minimum of 10 years' related transaction/credit experience. Excellent analytical skills with a high level of proficiency in financial modeling and analysis of credit transactions/structures. Ability to calculate and interpret financial ratios, analyze data, and complete trend analysis to understand and minimize credit risks. Highly efficient with legal documentation including significant experience and skill in negotiating legal documentation and the leading transactions structuring. Excellent written and verbal communication skills. Strong organizational and time management skills. Attention to detail and high level of accuracy. Ability to work independently and as a part of a team. Customer focused with strong interpersonal skills. Proficiency in Microsoft Office. Education and experience preferred: MBA/Advanced Degree or a CPA. Experience with Capital IQ, FactSet, and Bloomberg. Location: Boston, Massachusetts, United States of America
The Commercial Credit Expert is responsible for leading a team of credit professionals in evaluating, underwriting, and managing a portfolio of commercial credit relationships. The Commercial Credit Expert serves as the subject matter expert handling the most complex credit transactions on the team. This client facing role involves ensuring adherence to credit policies, maintaining portfolio quality, timely and accurate risk ratings, and collaborating with relationship managers (RM) to support business growth. The position requires strong leadership skills, in-depth credit knowledge, and the ability to make informed decisions to manage and mitigate portfolio risk. Primary responsibilities include: Leading the diligence, structuring, and legal documentation creation/negotiation of loan requests for commercial clients. Displaying deep understanding of financial regulatory environment as it applies to underwriting most forms of commercial credit transactions. Facilitating the credit needs of customers by underwriting new requests and material modifications from deal screen through approval and for the life of the loan. Managing the ongoing credit risk of existing loan portfolios through continuous credit monitoring (CCM) activities enabling the timely identification of emerging credit risk so that appropriate actions can be taken to manage the risk, minimize losses and assign an accurate risk rating. Analyzing financial information and related materials and completing the credit analyses for the Bank's commercial transactions. Partnering proactively with RMs, and being intimately involved throughout the deal process, from deal screen through approval and for the life of the loan to maintain timely and accurate risk ratings for a portfolio of commercial credits. Scope of responsibilities includes: Corporate/Institutional designation includes the following segments: FIG, Fund Banking, Institutional/REIT, Large Corporate and Leveraged Lending. Commercial Credit is responsible for the credit delivery of the Bank's commercial clients. Credit assessments range from initial analyses of new relationships to the Bank to material modifications or restructurings of long-term relationships and ongoing monitoring through the life of the loan. Position is considered the subject matter expert in all facets of the commercial credit transaction from origination to ongoing monitoring. Education and experience required: Bachelor's degree in Accounting, Finance, or related discipline with a minimum of 10 years' related transaction/credit experience, or in lieu of degree, a combined minimum of 14 years' higher education and work experience including a minimum of 10 years' related transaction/credit experience. Excellent analytical skills with a high level of proficiency in financial modeling and analysis of credit transactions/structures. Ability to calculate and interpret financial ratios, analyze data, and complete trend analysis to understand and minimize credit risks. Highly efficient with legal documentation including significant experience and skill in negotiating legal documentation and the leading transactions structuring. Excellent written and verbal communication skills. Strong organizational and time management skills. Attention to detail and high level of accuracy. Ability to work independently and as a part of a team. Customer focused with strong interpersonal skills. Proficiency in Microsoft Office. Education and experience preferred: MBA/Advanced Degree or a CPA. Experience with Capital IQ, FactSet, and Bloomberg. Location: Boston, Massachusetts, United States of America