Business Banking Portfolio Manager II

Salem Five believes deeply in supporting the communities in which we reside. Donations through our Charitable Foundation or events at the branch or location-level are an important part of our DNA. We would not be the company we are without our commitment to businesses and organizations that help the region thrive and to our employees. Come see what were all about.

ESSENTIAL DUTIES AND RESPONSIBILITIES include the following however other duties may be assigned as necessary:

Manage maintain and service a Business Banking credit portfolio as defined by the size of client relationships and/or via assignment by senior leadership by:

• Addressing maturing credit facilities and working with account officers to increase bank exposure where appropriate.
• Reviewing and/or renewing demand lines of credit commercial real estate loans and letters of credit which may include but not be limited to ensuring all loan conditions are being met collecting and reviewing customer financial statements delinquency history overdraft history credit history loan files etc. and making appropriate recommendations to underwriting.
• Working directly with assigned portfolio clients in person virtually or via email or other communication channels during the collection of financials and other documentation when needed and/or in general support of customer inquiries.
• Working with closing attorneys accountants lenders and support staff to ensure that all loan pre-closing conditions and post-closing conditions are met.
• Managing loan extensions loan modifications name changes rate changes and notifications of customer dissolutions.
• Assisting in preparation / review of loan documents for assigned relationships.
• Prepare and organize required reports memos and any other necessary documentation on a timely basis.
• Demonstrate compliance with banking laws and regulations as defined in company policies and procedures pertinent to the position.
• Attend Weekly Delinquency meetings and assist Business Bankers with the management of delinquent loans within respective portfolios.
• Work collaboratively and effectively with other areas of the company and participate in projects and special assignments as a representative of Business Banking as appropriate.

Education and/or Experience:

Bachelors degree (B.A.) from four-year college or university; at least three (3) years of commercial/ credit analysis experience; or equivalent combination of education and experience and be adept at analysis underwriting and documentation. Formal credit training required. Prior Commercial and/or Business Banking credit and portfolio management experience a plus.

Physical Demands:

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job the employee is frequently required to stand walk and sit. Specific vision abilities required by this job include close vision.

Benefits/Incentives: Health Insurance Dental Vision Flexible Spending Account Health Savings Account 401k Matching Tuition Reimbursement Employee Referral Program Summer Family Outing Annual Holiday Reception and more

Salary Range: Competitive Base

Ready to applyIf this job sounds like a fit for you then click onApply/Apply Nowin this posting. We look forward to talking withyou.

Qualifiedcandidates may also submit a resume and application online at or mail your resume to Human Resources 210 Essex Street Salem MA01970.

No unsolicited resumes accepted from agencies.

Required Experience:

Manager