Commercial Relationship Manager III

Commercial Real Estate Manager III 

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.

Responsibilities include, but are not limited to the following:

• CRE Business Development (specifically in the area of multifamily, retail, credit tenant leases). 
•  Lead business development efforts identifying appropriate prospects and make personal calls on current and prospective customers under the direction of a Regional CRE 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. 

•  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. 

•  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 insure 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 clients deposit, cash management, insurance and investment management needs are being properly handled.

• Proven underwriting abilities, including 5 plus years experience in commercial real estate analysis and/or commercial banking. 
• Formal bank credit training 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.  
• Incumbent 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.