SUMMARY 

The Credit Portfolio Manager I is responsible for providing credit analysis support for significant and complex Commercial Lending relationships and supporting portfolio administration activities, including annual review monitoring, financial covenant testing, loan maturities, risk rating accuracy, and related reporting. This role partners closely with the Credit and Lending teams to ensure credit and portfolio management expectations are clearly communicated, appropriately documented, and completed in a timely manner.

The position also supports the CCO and credit management with portfolio risk assessments, management and board-level reporting, collateral evaluation oversight, credit policy and procedure reviews, system and process improvements, departmental projects, Commercial audits, loan reviews, and recommendations to strengthen risk and portfolio management.

ESSENTIAL DUTIES AND RESPONSIBILITIES 

• Monitor portfolio administration activities in accordance with Bank loan policies, including annual review requirements, financial covenant testing, loan maturities, and related reporting.
• Complete credit analysis and file comments for new money, renewals, modifications, and annual review requests for significant and complex Commercial Lending relationships.
• Work closely with the Credit and Lending teams to ensure timing expectations are clearly communicated and met.
• Review credit and legal documentation to ensure proper tracking and testing of financial covenants and to identify inconsistencies requiring correction.
• Maintain responsibility for the accuracy of loan risk ratings and support timely identification of portfolio risk trends.
• Assist the CCO with monitoring commercial portfolio risk assessments, including risk rating trends, stress testing, asset quality, and industry concentrations; prepare management and board-level reports as needed.
• Oversee internal collateral evaluation functions, including approval of analyst-prepared evaluations as needed.
• Work closely with the Commercial Credit Manager to facilitate implementation of credit and commercial systems, processes, procedures, and analysis templates.
• Support credit management in identifying opportunities to improve credit policies, procedures, workflow, efficiency, and overall portfolio administration.
• Provide key support to the CCO and serve as a liaison with internal and external audit teams, loan review, compliance, and other oversight partners, as needed.
• Lead or assist with departmental projects 
• Upon request, interact with Bank clients to request financial information, answer questions during the credit process, or attend client meetings as needed.

Consider this description to be the foundation of your job, not its boundaries. Expect to participate in internal and external training sessions and activities not described here which enhance the quality of service to the client.

QUALIFICATIONS 

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

EDUCATION and/or EXPERIENCE 

• Bachelor’s degree in finance, accounting, business administration, economics, or a related field preferred; an equivalent combination of education and directly related commercial credit experience may be considered.
• Five or more years of relevant experience in banking, commercial lending, credit, portfolio management, loan administration, or financial services, including at least three years of commercial credit analysis or closely related credit experience.
• Experience supporting the analysis of significant or complex commercial lending relationships, including renewals, modifications, annual reviews, risk rating support, and credit recommendations.
• Experience with portfolio monitoring activities, including covenant tracking, loan maturity monitoring, annual review requirements, and related portfolio administration.
• Experience with loan origination, portfolio monitoring, credit workflow, or similar banking systems preferred.

SKILLS

• Strong knowledge of commercial credit analysis, financial statement analysis, loan structure, risk rating assessment, collateral evaluation, covenant monitoring, lending documentation, and commercial credit policy.
• Ability to complete and review credit presentations, annual reviews, modifications, risk rating changes, and other credit-related recommendations for accuracy, completeness, policy adherence, and appropriate risk assessment.
• Ability to interpret and apply credit policies, procedures, regulatory expectations, and departmental standards in a timely, consistent, and practical manner.
• Strong analytical, mathematical, organizational, judgment, and workflow management skills, with the ability to prioritize competing deadlines and identify portfolio or credit-related concerns.
• Strong verbal, written, and interpersonal communication skills, including the ability to prepare clear credit comments, reports, correspondence, procedures, and management-level updates.
• Ability to partner effectively with Relationship Managers, Credit Analysts, Commercial Loan Administrators, risk management, audit, compliance, loan review, and senior management teams.
• Working knowledge of banking and financial services practices, including applicable commercial lending regulations, privacy requirements, and data security expectations.
• Working knowledge of loan origination and credit workflow systems, including Abrigo or similar platforms, as well as Microsoft Word, Excel, and other business applications.
• Demonstrated willingness to learn new technical skills, systems, processes, and regulatory or policy updates relevant to the commercial credit function.

ADDITIONAL JOB REQUIREMENTS / ADA CONSIDERATIONS

The employee must be able to communicate effectively with internal and external stakeholders, including but not limited to, clients, prospects, employees, management, and external partners in person, by phone, virtually, and in writing; read, interpret, and prepare business, banking, regulatory, proposal, contract, and client documentation as applicable to the role; and apply business- and financial-related concepts, analysis, or calculations as appropriate to the role. Work is primarily performed in a professional office environment and may include client locations, meetings, presentations, conferences, association events, and other business development settings. The role requires regular use of a computer, phone, virtual meeting tools, and standard office technology; the ability to review screens and documents; occasional travel within the market area; and occasional lifting or moving of materials up to 10 pounds. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions, consistent with applicable law.

KEY POINTS

At Dedham Savings, we believe that being here for the journey means supporting our clients in a friendly and professional manner every day. While our employees are committed to helping our clients, we are committed to our employees. After all, we wouldn’t have made it for nearly 200 years as a local neighborhood bank without them! To support our employees, we offer a competitive benefits package with Medical, Dental, Vision, Flexible Spending, Tuition Reimbursement, Childcare Subsidy Reimbursement, Retirement, Life Insurance, and many other benefits.

Dedham Savings is committed to providing equal opportunity for all employees and applicants without regard to race, color, religion, gender, sexual orientation, age, marital status, national origin, physical or mental disability, veteran or disability status, gender identity, or expression, citizenship, genetic information, ancestral origin, military status, pregnancy, childbirth, and or conditions relating to pregnancy or any other related medical conditions or any other status protected by Federal, State or local laws.

Here at Dedham Savings, we strive to foster a culture where every voice is valued and where employees have a sense of belonging and connection with each other. We are dedicated to creating a work environment that understands, supports, and welcomes diverse perspectives and backgrounds. Together, we will create an inclusive and culturally competent and supportive environment where employees model behavior that enriches both Dedham Savings and the communities we support.

PAY RANGE DISCLOSURE 

The pay range for this position is $74,200 to $99,300 per year and is the lowest to highest salary Dedham Savings in good faith believe we would pay for this role at the time of this posting. The Bank may ultimately pay more or less than the posted range, and the range may be modified in the future. An employee’s pay position within the salary range will be based on several factors including, but not limited to, relevant education, qualifications, experience, sales or revenue-based metrics, and business or organizational needs and affordability. 

EOE/F/M/Vet/Disabled