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Commercial Relationship Manager

Eastern BankPortsmouth, NH

$136,599 - $224,413 / year

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Overview

Schedule
Full-time
Career level
Director
Remote
On-site
Compensation
$136,599-$224,413/year
Benefits
401k Matching/Retirement Savings

Job Description

Hiring Range: $136,599 - $224,413

The posted salary range reflects Eastern's expected hiring range. Actual pay may vary based on experience, skills, and market factors; additional compensation may apply. Eastern offers a robust benefits and retirement package. Please see the description of benefits included with this job posting for additional information.

The C&I Relationship Manager is responsibilities include, but are not limited to the following:

Business Development:

  • C&I Business Development
  • Lead business development efforts identifying appropriate prospects and make personal calls on current and prospective customers under the direction of a Team Leader.
  • Take a leadership role representing Eastern Bank in business and community activities.
  • Actively identify opportunities to cross-sell other bank products and services to customers and prospects including Treasury Services, commercial insurance and deposit products.

Credit Underwriting:

  • Review existing credit facilities and new credit applications, analyze credit quality and make recommendations as to how to structure and price these facilities.
  • Present relevant data and recommendations to the Team Leader and Credit Committee when appropriate.
  • Work with legal counsel to facilitate documentation of credit facilities.

Portfolio Management

  • Maintain awareness of maturating credits, overdue payments, financial information reporting; etc, which could affect the status of the commercial relationships and take appropriate action.
  • Work with Portfolio Managers to ensure that financial information is collected on a timely basis and that credit exposure is properly rated, reflecting credit quality over time.
  • Maintain frequent contact with the clients and serve as representative of EB insuring that the client's deposit, cash management, insurance and investment management needs are being properly handled.

Qualifications:

  • Proven underwriting abilities, including 5 plus years' experience in C&I analysis and/or commercial banking.
  • Formal bank credit training is preferred.
  • Familiarity with top tier and middle market commercial companies within the New England marketplace. Incumbent should be able to excel with integrity in an entrepreneurial, team-oriented environment. Incumbents should be energetic and comfortable in an environment offering base salary plus performance-oriented compensation.
  • Proficient/computer literate in Microsoft Word and Excel with the willingness/ability to learn new software as necessary.

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FAQs About Commercial Relationship Manager Jobs at Eastern Bank

What is the work location for this position at Eastern Bank?
This job at Eastern Bank is located in Portsmouth, NH, according to the details provided by the employer. Some roles may also include multiple work locations depending on the requirement.
What pay range can candidates expect for this role at Eastern Bank?
Candidates can expect a pay range of $136,599 and $224,413 per year.
What employment applies to this position at Eastern Bank?
Eastern Bank lists this role as a Full-time position.
What experience level is required for this role at Eastern Bank?
Eastern Bank is looking for a candidate with "Director" experience level.
What benefits are offered by Eastern Bank for this role?
Eastern Bank offers 401k Matching/Retirement Savings for this position. Actual benefits may vary depending on the employer's policies and employment terms.
What is the process to apply for this position at Eastern Bank?
You can apply for this role at Eastern Bank either through Sonara's automated application system, which helps you submit applications 10X faster with minimal effort, or by applying manually using the direct link on the job page.