Eastern Bank
Commercial Relationship Manager III - Asset Based Lending
Eastern Bank, Boston, Massachusetts, us, 02298
Commercial Relationship Manager III - Asset Based Lending
Join to apply for the
Commercial Relationship Manager III - Asset Based Lending
role at
Eastern Bank Commercial Relationship Manager III - Asset Based Lending
3 days ago Be among the first 25 applicants Join to apply for the
Commercial Relationship Manager III - Asset Based Lending
role at
Eastern Bank Get AI-powered advice on this job and more exclusive features. Job Description
Responsibilities include, but are not limited to the following: Job Description
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.
About Us
At Eastern Bank, we pride ourselves on supporting our employees by offering tremendous opportunity for individual growth. As an inclusive company, we work to ensure that our valued employees are treated fairly, recognized for their individuality, and encouraged to reach their fullest potential. These values have earned us a reputation as a great place to work and provide a strong reason why you should consider a career with us. We are proud to offer comprehensive compensation plans and a benefits program called Total Rewards that includes medical, dental, vision, life and disability insurance, retirement, vacation and tuition reimbursement.
Eastern Bank is an equal opportunity employer. All job applicants will be considered for employment without regard to race, color, religious creed, national origin, sex, sexual orientation, gender identity, genetic information, military service, age, ancestry, or disability.
At Eastern Bank, we are dedicated to building a diverse, equitable, inclusive and authentic workplace. If you’re excited about this role but your experience doesn’t fully align with every qualification, we still encourage you to apply! You may be just the right candidate for this position or others across the company. Our Recruitment team is waiting to chat with YOU. Seniority level
Seniority level Mid-Senior level Employment type
Employment type Full-time Job function
Job function Finance and Sales Industries Banking Referrals increase your chances of interviewing at Eastern Bank by 2x Get notified about new Commercial Relationship Manager jobs in
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Join to apply for the
Commercial Relationship Manager III - Asset Based Lending
role at
Eastern Bank Commercial Relationship Manager III - Asset Based Lending
3 days ago Be among the first 25 applicants Join to apply for the
Commercial Relationship Manager III - Asset Based Lending
role at
Eastern Bank Get AI-powered advice on this job and more exclusive features. Job Description
Responsibilities include, but are not limited to the following: Job Description
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.
About Us
At Eastern Bank, we pride ourselves on supporting our employees by offering tremendous opportunity for individual growth. As an inclusive company, we work to ensure that our valued employees are treated fairly, recognized for their individuality, and encouraged to reach their fullest potential. These values have earned us a reputation as a great place to work and provide a strong reason why you should consider a career with us. We are proud to offer comprehensive compensation plans and a benefits program called Total Rewards that includes medical, dental, vision, life and disability insurance, retirement, vacation and tuition reimbursement.
Eastern Bank is an equal opportunity employer. All job applicants will be considered for employment without regard to race, color, religious creed, national origin, sex, sexual orientation, gender identity, genetic information, military service, age, ancestry, or disability.
At Eastern Bank, we are dedicated to building a diverse, equitable, inclusive and authentic workplace. If you’re excited about this role but your experience doesn’t fully align with every qualification, we still encourage you to apply! You may be just the right candidate for this position or others across the company. Our Recruitment team is waiting to chat with YOU. Seniority level
Seniority level Mid-Senior level Employment type
Employment type Full-time Job function
Job function Finance and Sales Industries Banking Referrals increase your chances of interviewing at Eastern Bank by 2x Get notified about new Commercial Relationship Manager jobs in
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