CRE Portfolio Manager

POSITION: CRE Portfolio Manager

Summary:

At Cambridge Savings Bank, our purpose is to
have a positive impact on our customers, employees, and community's financial well-being.
We are committed to exceeding expectations, embracing a relationship centric
mindset, and having a strong commitment to diversity and inclusion. The
Commercial Real Estate (CRE) Portfolio Manager, under the supervision of the
CRE Portfolio Management Team Leader and assigned Loan Officers, assists with
managing the credit risk and loan quality of the CRE loan portfolio by supporting
and assisting CRE loan officers with preliminary review and underwriting of new
prospective loan opportunities and existing portfolio administration issues
including regular customer contact. In addition, they're responsible for
managing the collection of and monitoring of exceptions and related reporting
of CRE customer financial information, as well as the management and
preparation of a variety of monthly and quarterly portfolio management
information reports as directed by supervisors; the position will be assigned
responsibility for some smaller and low activity CRE loan accounts.

Key Result Areas:

* Support and assist CRE loan officers as needed: Provide
support as needed to loan officers with preliminary underwriting review of new prospective loans, research tenants, collect market, business and
financial information. Work with loan officers on existing loan
modifications/extensions, information gathering, assist in preparation of the
LOS and other portfolio customer related
issues. Assist in managing the credit approval process for the team. Assist lenders in the management of the complete new loan and existing loan renewal process from
origination to closing and post-closing monitoring. Assist loan officers in
preparing and updating credit file rating summaries and portfolio reviews.
Assist loan officers in the ordering and review of third-party reports
(appraisal, environmental, building condition). Perform site inspections when
needed.

* Collection of CRE Division borrower and property specific financial information as required by loan approvals. Responsibilities
include: Working with CRE customers for the timely collection of contractually
required corporate financial statements, rent rolls, property operating
statements, guarantor financial statements, tax returns via scheduled communications including letters, emails and follow-up phone calls. Manage the
exception reporting process by keeping the assigned loan officers regularly
informed via automated reporting systems. Monitor credit quality through the
review of financial reporting information to provide early warning of possible
deterioration. Coordinate the secure delivery of collected customer financial information to all participant
banks. Interface when needed with Credit Administration in support of CRE
portfolio audits by outside vendors and regulators.

* Management reports: Responsible for collecting information and completion of regularly scheduled CRE management reports (Construction and Stabilization Risk Tracking Report). On an
as needed basis assist in the coordination, design and development of various loan concentration and property sensitivity analysis reports in
cooperation with Risk Management and Credit Department.

* Customer Contact: Provide day-to-day point of contact for customer service issues that arise within the client base and promote good customer
service. Cross-sell other bank services and products.

Additional Responsibilities:

* Coordinate activities and interaction with lending personnel and Credit Administration Division.

* Contribute to the effective team management of all CRE customer problems, issues and opportunities.

* Establish and maintain effective working relationships with other departments in the Bank.

* Perform additional duties as required.

Qualifications:

* College degree, preferably in business, finance, accounting or equivalent.

* 4+ years of commercial credit experience, with a focus on commercial real estate lending.

* Solid understanding of financial accounting.

* Strong analytical skills.

* Strong computer skills (Excel, Word).

* Excellent communication, customer service, and interpersonal skills.

* Strong organizational skills and ability to work independently and meet deadlines.

* Strong computer skills (Excel, Word), including database management (Access)

The above description covers the most significant major responsibilities but does not exclude other occasional responsibilities and accountabilities the inclusion of which would be in conformity with major purpose this job.

Location:

Hybrid/Waltham, Massachusetts

About Cambridge Savings Bank:

Cambridge Savings Bank is a
full-service banking institution with $7 billionin assets. As a mutual bank,
CSB is committed to improving the quality of life of our
employees,customers,and the communities we serve.One of the oldest and
largest community banks in Massachusetts, Cambridge Savings Bank offers a full
line of individual and business banking services across a robust
Massachusetts-based branch network and through digital banking solutions for
commercial, small business and consumer customers. In February 2025, Kroll Bond
Rating Agency affirmed CSB's investment-grade rating, reinforcing the bank's
position as a reliable business lender. To learn more about how CSB can meet
your needs, visit us atcambridgesavings.com, or
better yet, come meet us to help you make the most out of your banking
relationship.Member FDIC.Equal Housing Lender. NMLS # 543370