Boston Private is a leading provider of fully integrated wealth management, trust and private banking services. For more than 25 years, Boston Private has taken a highly personalized approach to serving the complex financial needs of individuals, families, business owners, private partnerships, nonprofits and community partners. Boston Private is also an active provider of financing for affordable housing, first-time homebuyers, economic development, social services, community revitalization and small businesses.
Headquartered in Boston, Boston Private has offices across the U.S. including Boston, San Francisco, San Jose, Los Angeles and South Florida. Private banking and trust services are provided through Boston Private Bank & Trust Company. Wealth management services are provided through Boston Private Wealth LLC, an SEC registered investment adviser and a wholly owned subsidiary of Boston Private Bank & Trust Company.
The Commercial Loan Officer assists senior Commercial Loan Officers on top accounts.
Credit Quality/Portfolio Management: While maintaining a strong customer focus and customer relations, assists with monitoring a commercial and private banking loan portfolio. Understands, adopts, and adheres to the Bank’s Loan Policy. Understands loan documentation. Maintains comprehensive and current credit files. Monitors risk (delinquencies, overdrafts, etc.). Provides timely information to management regarding potential portfolio issues.
Senior Officer Support: Assists senior loan officers in the discharging of their duties; including assistance with vetting prospective opportunities, as well as preparing term sheets, commitment letters, and other administrative tasks. Actively works with all business areas to develop and maintain cross-selling opportunities .Works closely with Credit Administration to underwrite new opportunities as well as renewals and modifications of existing relationships. Acts as the secondary/backup officer and assists in the monitoring of commercial and private banking credit facilities. Participates in special projects as needed.
• BS/BA preferred
• 0-3 years of direct commercial and/or private banking lending experience
• Commercial Credit Training assignment preferred
• Excellent communication and client service skills required
• Experience with Moody’s Financial Statement Analyst software or similar financial statement analysis software required
• Proficient with Microsoft Office
• Excellent quantitative/analytical and oral/written skills
• Proficient in multi-tasking in a team oriented environment focused on the highest standards of client service.