The Lead Loan Ratings Manager is responsible for the annual review and rating of commercial mortgage loan investments. This role involves conducting ongoing annual loan reviews, portfolio oversight, and collaboration with internal teams on loan administration, as well as supporting senior management with planning and reporting.
Position Responsibilities:- Conduct annual loan reviews with financial, market and security analysis, to update the credit rating for each mortgage in our portfolio.
- Collaborate with the Credit, Production and legal teams on mortgage loans in the portfolio, including loan surveillance, rating, and other loan-related matters.
- Support senior management by reporting on loan and portfolio performance.
- Present on specific loan performance and rating movement to senior management at Quarterly Loan Review Meetings.
- Provide new loan underwriting support and perform other miscellaneous tasks associated with new loan origination and portfolio management.
Required Qualifications:- Minimum 5 years of commercial mortgage loan experience with a background in portfolio or asset management. Previous experience with a life insurance company, bank or credit role is a plus.
- Bachelor's degree required; advanced degree in business, finance, economics, commercial real estate, or related field preferred.
- Strong knowledge of mortgage lending, including documentation, credit standards, and underwriting principles.
- Ability to analyze cash flows and complete spreadsheet-based financial modeling, an understanding of commercial real estate market conditions, loan rating methodology, and appraisal techniques.
- Strong organizational, time management, and communication skills (written and verbal).
- General understanding of macroeconomic trends, capital markets, AI concepts and use cases, and financial analysis.
Preferred Qualifications:- Familiarity with evaluating credit risk using Expected Credit Loss (ECL) methodology and NAIC Commercial Mortgage Loan Designations (CM1-CM6) are a plus.
When you join our team:- We'll empower you to learn and grow the career you want.
- We'll recognize and support you in a flexible environment where well-being and inclusion are more than just words.
- As part of our global team, we'll support you in shaping the future you want to see.
The role being advertised is an existing vacancy.
Referenced Salary LocationBoston, Massachusetts
Working ArrangementHybrid
Salary range is expected to be between$128,550.00 USD - $222,820.00 USD
Employees also have the opportunity to participate in incentive programs and earn incentive compensation tied to business and individual performance. The actual salary will vary depending on local market conditions, geography and relevant job-related factors such as knowledge, skills, qualifications, experience, and education/training. If you are applying for this role outside of the primary location, please contact [redacted] for the salary range for your location.
Manulife/John Hancock offers eligible employees a wide array of customizable benefits, including health, dental, mental health, vision, short- and long-term disability, life and AD&D insurance coverage, adoption/surrogacy and wellness benefits, and employee/family assistance plans. We also offer eligible employees various retirement savings plans (including pension/401(k) savings plans and a global share ownership plan with employer matching contributions) and financial education and counseling resources. Our generous paid time off program in the U.S. includes up to 11 paid holidays, 3 personal days, 150 hours of vacation, and 40 hours of sick time (or more where required by law) each year, and we offer the full range of statutory leaves of absence.
We use data and analytics technologies, such as artificial intelligence (AI), and automated processing tools, to analyze and process the information you provide to us or third parties in the application process. For more information, please refer to our personal information collection statement.
Company: John Hancock Life Insurance Company (U.S.A.)
