Commercial Portfolio Manager-Providence at Rockland Trust

Posted in Other 6 days ago.

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Location: Providence, Rhode Island

Job Description:

Commercial Portfolio Manager-Providence

Rockland Trust is currently seeking a Full Time Portfolio Manager for our Providence, RI location.

The Portfolio Manager, reporting to the Commercial Credit Officer, will utilize their credit skills to handle and manage the complexities of the multi-million dollar loans for both C&I and Real Estate. This is a wonderful opportunity to work with seasoned lenders to solicit, develop and service a wide variety of commercial loans and lines of credit.

Essential Functions:
  • Call on existing customers in order to retain and increase existing business relationship; cross-sell additional bank products
  • Independently manage and maintain an assigned portfolio
  • Maintain timely renewals of loan maturities of lending center
  • Monitors current loans and credit lines to ensure compliance with terms
  • Facilitate borrower financial reporting submissions to RTC
  • Ensure the timely completion of credit file updates
  • Coordinate pre-closing activities in conjunction with CLS
  • Administer loan rating adjustments as needed
  • Preparation of loan approval packages for SLAC and other approval including file reviews, LPSS presentation
  • Monitor and manage credit analysis preparation and responses

Required Skills:
  • The candidate shall posses the ability to make lending recommendations, which are based on their analysis of the business' financial condition, cash flow, capacity, collateral and its ability to repay
  • Ability to interview loan applicants as needed to develop information concerning their business, needs, abilities and earnings to determine whether the loan would be an acceptable risk to RTC
  • Will act as a Liaison between loan officers and the Credit Operations department
  • Ability to establish and maintain effective working relationships
  • Ability to identify challenges and use analytical reasoning to create and develop possible solutions
  • Strong Analytical skills
  • Proficiency with financial spreadsheet and Microsoft Office
  • Excellent report writing skills are essential

Required Experience:
  • Bachelors degree, in Accounting, Finance or Economics preferable
  • At least three years direct experience in a Commercial Lending environment
  • Formal bank credit training desired

Our goal is to offer our colleagues the most generous benefits package possible. We strive to provide colleagues with a comprehensive benefits package and an environment that supports a healthy work-life balance. Benefits include: Competitive compensation with performance incentive awards, Health Insurance, Dental Insurance, a 401K and DC Plan for your retirement, LTD & Life Insurance, Vacation Time, Day Care Reimbursement, Tuition Assistance for graduate and undergraduate programs, an Award Winning Wellness program and much more!

At Rockland Trust you'll find a respectful and inclusive environment where everyone is given the chance to succeed. We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, marital status, national origin, disability status, protected veteran status, or any other characteristic protected by law.

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Primary Location: US-Rhode Island
Work Locations: Providence Lending & IMG 10 Memorial Blvd Suite 904 Providence 02903
Job: Commercial
Organization: Commercial
Schedule: Regular
Employee Status: Manager
Job Type: Full-time
Job Level: Day Job
Job Posting: Jan 5, 2017, 1:44:52 PM

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