Manage commercial lending portfolio credit risk through borrower financial analysis, underwriting, covenant monitoring, risk rating validation, annual reviews, documentation, and executive reporting. Identify emerging risks, concentration risks, deteriorating credits, and policy issues while collaborating with lending, legal, finance, and operations teams. Support risk mitigation, process improvement, and responsible use of automation and AI-enabled tools.
SUMMARY/OBJECTIVE:
The Portfolio Manager is responsible for the ongoing credit risk oversight and portfolio management of the Bank’s commercial lending relationships. This role independently analyzes borrower financial performance, credit structure, compliance, and risk trends to assess the quality of existing credits. The Portfolio Manager develops well‑supported conclusions and delivers concise, executive‑level reporting to support proactive risk management, policy adherence, and informed credit decision‑making.
ESSENTIAL FUNCTIONS:
Credit Analysis & Risk Oversight
The Portfolio Manager is responsible for the ongoing credit risk oversight and portfolio management of the Bank’s commercial lending relationships. This role independently analyzes borrower financial performance, credit structure, compliance, and risk trends to assess the quality of existing credits. The Portfolio Manager develops well‑supported conclusions and delivers concise, executive‑level reporting to support proactive risk management, policy adherence, and informed credit decision‑making.
ESSENTIAL FUNCTIONS:
Credit Analysis & Risk Oversight
- Independently underwrite and review existing commercial lending relationships of medium‑to‑high complexity in accordance with Bank credit policy.
- Analyze borrower financial statements, global cash flow, collateral, guarantor support, and covenant compliance to assess ongoing credit risk.
- Validate risk ratings and identify credit migration, weaknesses, and early warning indicators.
- Monitor the commercial loan portfolio, including delinquencies, covenant exceptions, past‑due trends, maturity tracking, line of credit renewals, and construction status reporting.
- Complete annual reviews and letter of credit and line of credit renewals in a timely and accurate manner.
- Ensure accurate and complete credit file documentation and maintain document management records for commercial relationships.
- Manage the process to request, collect, and store borrower financial and credit‑related documentation.
- Assess adherence to internal credit policies and loan administration procedures; maintain working knowledge of applicable State and Federal regulations.
- Provide independent challenge and insight on deteriorating credits, and risk ratings.
- Identify emerging credit risk trends and concentration risks across the commercial portfolio.
- Deliver concise, executive‑level reporting on portfolio risk, trends, and problem assets.
- Partner with Lending, Credit Risk, Legal, Finance, and Operations to support proactive risk mitigation strategies.
- Participate in ongoing process improvement and portfolio risk management initiatives.
- Leverage productivity, analytical, and automation/AI‑enabled tools to improve efficiency, consistency, and insight while adhering to Bank governance and model risk standards.
- Bachelor’s degree in Business, Finance, Accounting, or a related field required; equivalent experience may be considered.
- Minimum of 2 years of experience in commercial underwriting, credit risk, portfolio management, or related financial analysis.
- Strong analytical skills with the ability to exercise independent judgment and develop defensible credit conclusions.
- Advanced proficiency in Microsoft 365, with strong Excel and Word skills and the ability to analyze, summarize, and present complex credit information clearly.
- Familiarity with productivity, automation, or AI‑enabled tools used in financial analysis, reporting, or workflow efficiency.
- Excellent written and verbal communication skills, including the ability to present concise, well‑supported credit assessments to senior management.
- Demonstrated ability to manage multiple priorities, meet recurring deadlines, and adapt to evolving portfolio risk conditions.
Northern Bank Woburn, Massachusetts, USA Office
275 Mishawum Rd, Woburn, MA, United States, 10801
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