Commercial Banker I

Status:                 Non-Exempt

Grade:                 12

Salary Range:     $87,913 - $149,048

Actual compensation within the pay range will be decided based on factors including, but not limited to, skills, prior relevant experience, and specific work location.

Location:               Needham, MA

 

 

Principal Objective

 

Primary responsibilities include management of an assigned portfolio, monitoring of delinquent loans, and ensuring adherence to credit, compliance and operational policies. This position will also be responsible for business development efforts and assisting other business development officers with the underwriting of new credits and management of their portfolios.

 

Principal Duties and Responsibilities

 

• New Business: This position will underwrite new credit transactions and assist other Commercial Bankers with the underwriting of new credit transactions and manage these loans through to closing. Responsibility will include the analysis of financial information and related reports in conjunction with the preparation and presentation of credit approval memorandums, ordering of appraisals and environmental reports, issuing commitment letters, coordinating closings and overseeing the loan booking process in conjunction with the Commercial Loan Assistants. In addition to the underwriting and management of loans, they will assist with the development of deposits relationships with client May have responsibility for assisting lending officers with syndication of loan transactions and the facilitation of interest risk hedge products.

 

• Portfolio Management: Responsible for the ongoing maintenance and customer service of the assigned loan portfolio.   Monitor the ongoing credit quality of the portfolio and assess the credit quality of each relationship in accordance with policy including the completion of annual credit reviews and periodic renewals throughout the year. This position will be responsible for the accurate entry of information to track/monitor the status of the portfolio.

 

Job Specifications (Knowledge, Skills, and Abilities Required)

 

• Bachelor’s degree or equivalent
• Minimum of 3 years of commercial lending and underwriting/portfolio management experience
• Understand the commercial marketplace within the Bank’s target area
• Be well-versed with the Bank’s credit policy and guidelines
• Ability to communicate effectively in both an oral and written capacity
• Be willing to assume any other duties as may be required

 

Behavioral Skills

 

• Consistently demonstrate behaviors associated with Brookline Bancorp’s Core Four values: adaptability, accountability, leadership, and teamwork.  

 

The above statements are intended to describe the general nature and level of work being performed by people assigned to this position.  They are not intended to be an exhaustive list of all responsibilities, duties and skills required of personnel so classified.  This job description is subject to change at any time. 

 

 

 

 

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Berkshire Bank is an Equal Opportunity Employer - all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, or national origin. If you would like to contact us regarding the accessibility of our website, need assistance completing the application process, or would like to request alternative methods of applying, please contact us at hr@berkshirebank.com.