Jr. Commercial Loan Portfolio Manager at Bluestone Bank

Norton, Massachusetts, United States -

Full Time

Start Date

Immediate

Expiry Date

04 May, 26

Salary

90000.0

Posted On

03 Feb, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Portfolio Management, Loan Renewals, Credit Monitoring, Financial Reporting, Past Due Collections, Loan Rating Assessment, File Review, Customer Communication, SBA Loans Assistance, Regulatory Compliance, Financial Analysis, Accounting Principles, Commercial Loan Products, MS Excel, Decision-Making, Organizational Skills

Industry

Banking

Description

Description Community. Security. Trust. This is the foundation on which Bluestone Bank is built. We've helped Southern New England prosper for over 150 years by providing responsible, relevant, and secure financial solutions. Whether our customer’s unique needs include finding a safe place to grow their savings, financing their next home, protecting their future, or building their business, we are here to help them reach their goals. Let’s get there, together! In addition to being a great place to bank, Bluestone Bank is a great place to work! Named by the Boston Business Journal as a Best Places to Work in 2025, you are joining a team that cares about your career success and will also receive: A competitive salary with performance-based incentives. Comprehensive medical with deductible reimbursement, dental, and vision coverage. An employer matching 401k plan. Training and professional development opportunities, including tuition reimbursement. Work life balance with paid time off, paid volunteer hours, and 11 paid holidays. This position is responsible for assisting with management of CRE and C&I relationships to support the Portfolio Managers and Commercial Loan Officers. Essential Functions Reasonable accommodations may be made to enable individuals with disabilities to perform these essential functions. Manages timely renewals of loan maturities and demand lines of credit for their own portfolio, as well as that of assigned Lending Team. Monitors current loans and credit lines to ensure compliance with terms and conditions, including borrowing base availability. Facilitates borrower financial reporting submissions. Assists commercial loan officers with collection of past due loan payments. Periodically assesses loan ratings and ensures proper file review and timely updates to credit files, making appropriate recommendations. Assists Loan Officers with outstanding items from Annual File Reviews. Communicates with existing and potential customers to discuss business needs and obtain financial information. Assists commercial loan officers with US Small Business Administration loans. Assists in the preparation of reports and completion of projects. Assists with internal and regulatory audits as requested. Remains abreast of Federal, State and local laws and regulations as they pertain to the position; Complies with related laws, regulations and Bank policies and procedures. Actively participates in other Bank meetings and committees as requested. Performs other duties as required. The pay range for this position is $75,000 to $90,000 per year and is the lowest to highest salary we in good faith believe we would pay for this role at the time of this posting. We may ultimately pay more or less than the posted range, and the range may be modified in the future. An employee’s pay position within the salary range will be based on several factors including, but not limited to, relevant education, qualifications, certifications, experience, sales or revenue-based metrics, and business or organizational needs and affordability. Physical Demands and Work Environment 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 regularly required to sit and talk or hear, reach with hands and arms; and stoop, kneel, or crouch. The employee must occasionally lift and/or move up to 10 pounds. Specific vision abilities required by this job include close vision, distance vision, peripheral vision, and the ability to adjust focus. An Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, pregnancy, genetic information, disability, status as a protected veteran, or any other protected category under federal, state, and local laws. Requirements Bachelor’s degree in Business/Finance/Accounting or related field. Two or more years of related experience in a Commercial Lending or Commercial Credit. Formal credit training is highly preferred. Strong financial analysis skills. Working knowledge of accounting principles. Working knowledge of commercial loan products and services. Effective oral and excellent written communication skills. Working knowledge of relevant Federal, State and local laws and regulations. Advanced knowledge of MS Excel; Working knowledge of other MS Office applications; ability to learn and master the Bank’s required systems/applications, as needed. Strong decision-making and problem-solving skills. Strong organizational skills and detail oriented.

Responsibilities

This role assists Portfolio Managers and Commercial Loan Officers by managing the timely renewals of loan maturities and demand lines of credit, while monitoring current loans for compliance with terms and conditions. Responsibilities also include facilitating borrower financial reporting, assisting with collections of past due payments, and periodically assessing loan ratings.