Needham Bank
Portfolio Manager - Commercial and Industrial Lending
Needham Bank, Needham, Massachusetts, us, 02492
Portfolio Manager - Commercial and Industrial Lending
Job Tracking ID :
512272-900847
Job Location :
Job Level :
Mid Career
Level of Education :
BA/BS
Job Type :
Full-Time/Regular
Date Updated :
08/22/2025
Years of Experience :
2 - 5 Years
Starting Date :
Invalid Date
Salary :
$0
Job Description Responsible for ongoing portfolio management in the C&I Lending area as well as managing and growing a portfolio of C&I clients with loan and non-loan related business.
ESSENTIAL DUTIES & RESPONSIBILITIES
Support the growth and development of an assigned C&I portfolio, effectively managing clients with loan and non-loan products
Complete or review credit analyses on existing and prospective loan accounts
Write detailed narrative reports regarding the relationship, including the history of the relationship, a review of financial data, collateral coverage, ability to service debt and the risks associated with the credit
Identify relationships requiring updated financial and related information, and prepare customer correspondence related to timely collection for ongoing monitoring
Review personal and business financial statements, tax returns and other pertinent financial information
Prepare various written loan reports including: loan presentations, loan modifications, and credit file comments as needed in accordance with the Bank's loan policy and procedures and state and federal banking regulations
Recommend appropriate loan risk rating
Review loans for covenant compliance
Assist C&I team lenders with
customer inquiries and servicing requests
Serve as the back-up for C&I Lenders on the team when they are out of the office
Monitor overall C&I loan portfolio exposure for maturities, delinquencies, DDA overdrafts and overall changes in credit situations
Oversee monthly borrowing base borrowers
Participate on Bank task forces and committees as needed
Represent the Bank at various community functions
Perform additional duties as requested, needed or assigned
Experience and Skills JOB REQUIREMENTS
Superior customer service skills
Excellent financial analytical skills with sound judgment and decision-making abilities
Strong written and verbal English communication skills and ability to interact with all levels of management, peers and customers
Extensive knowledge of personal/business financial statements and tax returns
Solid knowledge of financial institution policies and procedures
Strong knowledge of C&I lending practices and related areas
Ability to organize and prioritize to meet deadlines
Good time management skills and ability to handle multiple projects
Working knowledge of Microsoft office applications
Reliable, self-starter and highly self-motivated
Ability to adhere to Needham Bank's Core Values (Focus on Customer Relationship, Embrace Change, Work as a Team, Be an Asset to Your Community, Always Learn, and Do the Right Thing)
EDUCATION & EXPERIENCE
Two to four years' bank credit experience or related bank experience in C&I underwriting and analyzing business financial statements and tax returns is preferable
Strong knowledge of Federal and State banking regulations
WORKING CONDITIONS/PHYSICAL DEMANDS
Normal business office environment
Needham Bank offers a competitive salary and an amazing benefit package for a full-time employee which includes fully paid medical and dental insurance, HRA, 401(k) plan with an 8% bank match, paid time off
(PTO), paid holidays, a bonus program, flexible spending accounts, vision service plan, group term life insurance, short and long term disability insurance, tuition reimbursement, and an Employee Assistance Program.
We offer a great benefit package to our eligible part-time employees as well.
At NB, we are dedicated to building a diverse, inclusive and authentic workplace - if you are excited about this role, but your past experience doesn't align perfectly with every qualification in the job description, we still encourage you to apply. You may be just the right candidate for this or other roles.
Needham Bank is an Equal Opportunity/Affirmative Action Employer.
Needham Bank will provide all applicants for employment and all employees with equal opportunity for employment and promotion regardless of race, color, religion, gender, national origin or ancestry, age, disability, veteran status, military service, sexual orientation, genetic information, or gender identity.
Back to job search
Job Tracking ID :
512272-900847
Job Location :
Job Level :
Mid Career
Level of Education :
BA/BS
Job Type :
Full-Time/Regular
Date Updated :
08/22/2025
Years of Experience :
2 - 5 Years
Starting Date :
Invalid Date
Salary :
$0
Job Description Responsible for ongoing portfolio management in the C&I Lending area as well as managing and growing a portfolio of C&I clients with loan and non-loan related business.
ESSENTIAL DUTIES & RESPONSIBILITIES
Support the growth and development of an assigned C&I portfolio, effectively managing clients with loan and non-loan products
Complete or review credit analyses on existing and prospective loan accounts
Write detailed narrative reports regarding the relationship, including the history of the relationship, a review of financial data, collateral coverage, ability to service debt and the risks associated with the credit
Identify relationships requiring updated financial and related information, and prepare customer correspondence related to timely collection for ongoing monitoring
Review personal and business financial statements, tax returns and other pertinent financial information
Prepare various written loan reports including: loan presentations, loan modifications, and credit file comments as needed in accordance with the Bank's loan policy and procedures and state and federal banking regulations
Recommend appropriate loan risk rating
Review loans for covenant compliance
Assist C&I team lenders with
customer inquiries and servicing requests
Serve as the back-up for C&I Lenders on the team when they are out of the office
Monitor overall C&I loan portfolio exposure for maturities, delinquencies, DDA overdrafts and overall changes in credit situations
Oversee monthly borrowing base borrowers
Participate on Bank task forces and committees as needed
Represent the Bank at various community functions
Perform additional duties as requested, needed or assigned
Experience and Skills JOB REQUIREMENTS
Superior customer service skills
Excellent financial analytical skills with sound judgment and decision-making abilities
Strong written and verbal English communication skills and ability to interact with all levels of management, peers and customers
Extensive knowledge of personal/business financial statements and tax returns
Solid knowledge of financial institution policies and procedures
Strong knowledge of C&I lending practices and related areas
Ability to organize and prioritize to meet deadlines
Good time management skills and ability to handle multiple projects
Working knowledge of Microsoft office applications
Reliable, self-starter and highly self-motivated
Ability to adhere to Needham Bank's Core Values (Focus on Customer Relationship, Embrace Change, Work as a Team, Be an Asset to Your Community, Always Learn, and Do the Right Thing)
EDUCATION & EXPERIENCE
Two to four years' bank credit experience or related bank experience in C&I underwriting and analyzing business financial statements and tax returns is preferable
Strong knowledge of Federal and State banking regulations
WORKING CONDITIONS/PHYSICAL DEMANDS
Normal business office environment
Needham Bank offers a competitive salary and an amazing benefit package for a full-time employee which includes fully paid medical and dental insurance, HRA, 401(k) plan with an 8% bank match, paid time off
(PTO), paid holidays, a bonus program, flexible spending accounts, vision service plan, group term life insurance, short and long term disability insurance, tuition reimbursement, and an Employee Assistance Program.
We offer a great benefit package to our eligible part-time employees as well.
At NB, we are dedicated to building a diverse, inclusive and authentic workplace - if you are excited about this role, but your past experience doesn't align perfectly with every qualification in the job description, we still encourage you to apply. You may be just the right candidate for this or other roles.
Needham Bank is an Equal Opportunity/Affirmative Action Employer.
Needham Bank will provide all applicants for employment and all employees with equal opportunity for employment and promotion regardless of race, color, religion, gender, national origin or ancestry, age, disability, veteran status, military service, sexual orientation, genetic information, or gender identity.
Back to job search