Commercial Relationship Manager III

Eastern Bank

$136K — $224K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5+ years of experience in commercial real estate analysis or commercial banking
  • Formal bank credit training preferred
  • Knowledge of top tier and middle market commercial companies in New England
  • Ability to work with integrity in a team-oriented, entrepreneurial environment
  • Proficient in Microsoft Word and Excel; willing to learn new software

Responsibilities

  • Lead business development efforts and personally call on prospects
  • Represent Eastern Bank in business and community activities
  • Identify opportunities to cross-sell bank products and services
  • Analyze credit quality and review credit applications
  • Present data and recommendations to Team Leader and Credit Committee
  • Monitor portfolio for overdue payments and credit status
  • Maintain client contact to ensure all financial needs are met

Benefits

  • Comprehensive compensation plans
  • Medical, dental, vision, life and disability insurance
  • Retirement plan
  • Vacation and paid time off
  • Tuition reimbursement
Full Job Description
Job Description

Hiring Range: $136,599 - $224,413

The posted salary range reflects Eastern's expected hiring range. Actual pay may vary based on experience, skills, and market factors; additional compensation may apply. Eastern offers a robust benefits and retirement package. Please see the description of benefits included with this job posting for additional information.

The C&I Relationship Manager is responsibilities include, but are not limited to the following:

Business Development:
  • C&I 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.
  • Actively identify opportunities to cross-sell other bank products and services to customers and prospects including Treasury Services, commercial insurance and deposit products.

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.
  • Work with Portfolio Managers to ensure 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 client's deposit, cash management, insurance and investment management needs are being properly handled.

Qualifications:
  • Proven underwriting abilities, including 5 plus years' experience in C&I analysis and/or commercial banking.
  • Formal bank credit training is 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. Incumbents should be energetic and comfortable in an environment offering base salary plus performance-oriented compensation.
  • Proficient/computer literate in Microsoft Word and Excel with the willingness/ability to learn new software as necessary.


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