Portfolio Manager

Newburyport Bank
Newburyport, MA
Job Description
Role Overview

The Portfolio Manager manages all aspects of Commercial Portfolio management for assigned portfolio loans and collaborates with the Lender and Commercial Loan Administrator (CLA) to maintain high quality credit administration and risk management.

What You Will Do

Manages loans, renewals, extensions, and documentation; monitors financial performance, covenants, construction projects, borrowing availability, and portfolio risk ratings; prepares Watched Asset Reports and quarterly reporting.

Why It Might Be a Fit

Requires a Bachelor’s degree in Accounting, Finance, Economics, or Business Administration, along with a minimum of three years of credit experience and demonstrated commercial credit skills.

Requirements

  • Bachelor’s degree in Accounting, Finance, Economics, or Business Administration
  • Minimum of three years of credit experience
  • Demonstrated commercial credit skills
  • Basic experience with loan origination software (LOS)
  • Knowledge of commercial deposit and treasury products
  • Proficiency with office applications
  • Excellent oral and written communication skills

Benefits

  • Equal Opportunity Employer
  • Reasonable accommodation for individuals with disabilities
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