Portfolio Manager

Division:             Beacon Bank & Trust

Department:       CRE Boston

Reports to:         Commercial Team Lead

Status:                Exempt

Grade:                 10

Salary Range:    $55,588-$102,474

Salary range updated 4/10/2026. Actual compensation within the pay range will be determined based on factors including, but not limited to, skills, prior relevant experience, and specific work location.

Location:           Boston, MA

Principal Objective

To manage existing portfolios of commercial customers.  Analyze and underwrite credit risk for Bank prospects and customers, assist with due diligence activities, assist with the loan closing process, monitor and evaluate risk within the team portfolio.

Key Accountabilities:

Credit Underwriting

• Analyze and underwrite credit requests in a timely fashion by using some or all of the following resources: applications, spreads, financial statements, tax returns, credit bureaus, meetings with customers/prospects, appraisals, web research and other resources as necessary.
• Determine if request is in compliance with Bank policy and note exceptions.
• Discuss deal structure, cash flow, collateral, and customer character with Commercial Bankers Recommend alternative credit structures or products where appropriate.
• Accompany Commercial Bankers on customer calls and interact extensively with customers in person and over the phone.
• Interact with attorneys and financial professionals including CPA’s, CFO’s, etc. as needed to assist in the underwriting and closing process.
• Present analysis in written proposals for appropriate approvals and present as directed to the appropriate approval authority.
• Prepares loan memorandums.
• Conducts market surveys through contact with brokers, online research, etc.

Portfolio Management

• Manage existing portfolio of customers by tracking and preparing annual renewals for lines of credit, reviews of term debt, and reviews of overdraft lines of credit. Maintain tracking database with updated information as needed.
• Conduct independent property inspections in conjunction with annual reviews.
• Identify potential problem loans and deficiencies.
• Assist customers when needed with questions regarding loans and retail products.
• Performs other related duties as required or directed

Education:

• Bachelor’s degree in relevant field

Experience:

• A minimum of (4) four years of commercial credit experience is required

Skills & Knowledge:

• Excellent written and oral communication skills
• Extensive knowledge of Microsoft Office suite products
• Understanding of Banking compliance requirements
• Be well versed in the Bank’s credit policy and underwriting standards

Beacon Bank is an Equal Opportunity Employer - all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, or national origin. If you would like to contact us regarding the accessibility of our website, need assistance completing the application process, or would like to request alternative methods of applying, please contact us at [email protected].