Senior Credit Officer Job at Eastern Bank, Boston, MA

NWlITVhTY25uNFp2NThaQjBLY0J2UVhycVE9PQ==
  • Eastern Bank
  • Boston, MA

Job Description

Join to apply for the Senior Credit Officer role at Eastern Bank 1 day ago Be among the first 25 applicants Join to apply for the Senior Credit Officer role at Eastern Bank Direct message the job poster from Eastern Bank The Senior C&I Credit Officer is responsible for co-leading the 2nd line credit risk management of Commercial & Industrial (C&I) portfolio. Portfolio includes various specialties, including large shared national credits, leveraged lending, ABL lending, Franchise lending, Security Alarm Lending, Solar lending and other. This role ensures sound credit decisions are made in alignment with the bank’s risk appetite, regulatory requirements, and strategic objectives. The officer will work closely with Deputy Chief Credit Officer and the leadership of the business line to decision Commercial Middle market deals ranging in deal size from $3MM to 50MM, and participations in deals up to $500MM. Key Responsibilities: Credit Approvals Evaluate and approve middle market C&I loans within delegated authority and participate in the Credit Committee. Evaluate and approve risk ratings, annual reviews and covenant waivers within C&I loan portfolio. Participate in the pre-deal process, recommending appropriate loan structures, covenants, and risk mitigants, including participation rights and intercreditor arrangements. Ensure compliance with internal policies and regulatory guidelines. Mentor and guide junior credit officers and underwriters. Collaborate with business line managers to support business development while maintaining credit quality. Contribute to various Corporate credit projects including acquired portfolio due diligence. Monitor the performance of the C&I loan portfolio, including conducting periodic portfolio reviews. Contribute to policy, RAC and procedure development. Maintain up-to-date knowledge of market conditions, industry developments, and regulatory changes. Contribute to market research and new specialty development Support audits and regulatory examinations. Qualifications: Broad knowledge of commercial lending, credit underwriting and risk management functions. Minimum 10 years of experience in commercial credit underwriting / portfolio management, with a focus on C&I lending. Minimum 5 years of commercial loan decisioning, in a 1st or 2nd line functional role. Demonstrated expertise in middle market C&I lending including shared national credit markets and leveraged lending. Working knowledge of banking regulations. Excellent communication, negotiation, and mentoring skills. Preferred Skills: Familiarity with loan participation structures and rights. Prior workout experience is a plus but not required. Exposure to some specialized lending is a plus (ABL, Security Alarm, Franchise lending ecs). Seniority level Seniority level Mid-Senior level Employment type Employment type Full-time Job function Job function Finance and General Business Industries Banking and Financial Services Referrals increase your chances of interviewing at Eastern Bank by 2x Inferred from the description for this job Medical insurance Vision insurance 401(k) Paid paternity leave Tuition assistance Paid maternity leave Child care support Pension plan Disability insurance Get notified when a new job is posted. Sign in to set job alerts for “Credit Officer” roles. Boston, MA $55,000.00-$60,000.00 1 month ago Boston, MA $130,000.00-$160,000.00 1 day ago Boston, MA $105,400.00-$124,000.00 1 day ago Senior Credit Officer/Credit Officer – Asset Based Finance Boston, MA $98,345.00-$115,700.00 18 hours ago Boston, MA $120,000.00-$130,000.00 2 weeks ago Investment Banking Analyst, Technology - Boston / New York City Boston, MA $82,000.00-$135,000.00 2 weeks ago Boston, MA $109,100.00-$200,000.00 2 weeks ago Investment Analyst, application via RippleMatch (Boston) Boston, MA $100,000.00-$120,000.00 2 weeks ago Boston, MA $50,000.00-$65,000.00 4 weeks ago Boston, MA $115,000.00-$145,000.00 6 days ago Boston, MA $60,000.00-$70,000.00 6 months ago Boston, MA $70,000.00-$105,000.00 13 hours ago Financial Analyst I (Braintree Regional Office, or Lowell Regional Office) Investment Analyst Intern, application via RippleMatch Newton, MA $51,000.00-$70,000.00 2 weeks ago We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI. #J-18808-Ljbffr Eastern Bank

Job Tags

Full time, Work at office,

Similar Jobs

DH2 Chauffeured Transportation

CDL Chauffeurs - Motorcoach, Bus and Van Drivers Job at DH2 Chauffeured Transportation

 ...Jacksonville. We are looking for reliable and experienced CDL Drivers with passenger endorsement who are passionate about...  ...customer service . Position Overview Were hiring CDL Chauffeurs to operate a variety of vehicles including: Motorcoaches... 

J.D. Hawkins & Associates

Director Transplant Hepatology - Denver, Colorado Job at J.D. Hawkins & Associates

Job Description Enjoy all that the Mile High City has to offer! Denver, Colorado is rated one of the best metro cities to live!~ Join a growing Transplant Program~ Open to established leaders as well as those who feel they need mentoring ~90-100% Transplant...

COMPU DYNAMICS LLC

Electrician 2 - Service Job at COMPU DYNAMICS LLC

 .... We are looking for a skilled Service Electrician to join our dynamic team. The ideal candidate...  ...repair work. $5,000 Sign On Bonus (Journeyman/Masters License Required) Essential...  ...in the service field #4+ years in commercial electrical # Journeyman license or equivalent... 

Trinity Washington University

Enrollment Admissions Recruiter for The School of Nursing & Healthcare Professionals (NHP) Job at Trinity Washington University

 ...Enrollment Admissions Recruiter for The School of Nursing & Healthcare Professionals (NHP) Trinity Washington University seeks an...  ...institution founded in 1897 with 127 years of educational excellence and catholic tradition designed for undergraduate women with graduate,... 

Common Good

Entry Level Sales Representative Job at Common Good

 ...exams or you're home for the break, this is your chance to build experience, earn and support meaningful causes across Canada. What You...  ...commission and bonuses for every donor you sign up. ~ Office based in Downtown SE Calgary with excellent transit access and...