Portfolio Manager 2313 - Commercial Lending
Company: The Washington Trust Company
Posted on: November 11, 2019
PORTFOLIO MANAGER 2313 - COMMERCIAL LENDING
Washington Trust Weybosset Street, 10 Weybosset Street, Providence,
Rhode Island, United States of America Req #424
Tuesday, October 29, 2019
Washington Trust is a special place because of our people. We
believe employees who are valued, recognized, rewarded and
empowered will achieve personal and professional goals. We hire the
best people in the business and are always looking for
professionals who will uphold our core values of quality, integrity
We are seeking a seasoned analyst or portfolio manager to support
our Commercial Lending Team in Providence. This position will be a
key contributor to the implementation of the overall commercial
lending plan for significant growth.
Working in partnership with the C&I Relationship Manager, this
position will be responsible for underwriting of new transactions
as well as effectively managing credit relationships within the
existing C&I portfolio. The Portfolio Manager acts as a second
point of contact for commercial lending clients.
* Support the end-to-end credit management process including
underwriting, structuring and documenting of loan transactions.
Underwriting includes financial, industry and risk analysis and
development of projections.
* Assist in the legal documentation, loan closing and loan
* Provide ongoing maintenance and management of the assigned
portfolio, including updating files with current financial
information, collateral monitoring, covenant monitoring, tracking
delinquencies, industry trends, and watch for developing
* Maintain timely renewals of loan maturities for the assigned
portfolio and ensure timely completion of annual file updates.
* Covenant Compliance: Monitoring, testing and preparation of
* Facilitate borrower financial reporting submissions to the bank.
Responsible for evaluating financial performance of borrower and
guarantors and based on a variety of factors determining an
appropriate risk rating.
* Assure adherence to credit policies, guidelines and applicable
* Work with the Relationship Manager to develop a relationship plan
and credit management strategy for key customers and loan
* Bachelor s degree in Business Administration, Accounting, Finance
or equivalent in professional experience. Analytical background in
commercial lending or other analytical experience is preferred.
* Strong organizational, interpersonal, communication (both written
and oral), research and computer skills, attention to detail, and
ability to creatively analyze various situations and data.
* Proficient in spreading financial statements.
* Proficient in Microsoft Word and Excel.
* Experience in the lending function and knowledge of bank s
policies and procedures preferred.
Our employees enjoy a comprehensive benefits package, which
includes health and welfare benefits, paid time-off, work-life
program, and a 401(k) plan. We believe employees who are valued,
recognized, rewarded and empowered, will achieve personal and
professional growth. Apply today and find out why we have been
voted one of the Best Places to Work in Rhode Island since
The Washington Trust Company, and each of its subsidiaries and
affiliates are committed to cultivating and promoting a diverse and
inclusive workforce. We seek to provide an environment of equal
employment opportunity and advancement to all employees and
applicants. It is our policy to provide equal employment and
advancement opportunities without regard to race, color, ethnicity,
age, religion, gender, pregnancy/childbirth, national origin,
sexual orientation, gender identity or expression, disability or
perceived disability, genetic information, citizenship, veteran or
military status, or any other category protected by federal, state
and/or local laws. Click Here to view EEO is the law poster . For
additional information, please Click Here for EEO supplement
* Job Family Professionals
* Job Function Professionals
* Pay Type Salary
Keywords: The Washington Trust Company, Providence , Portfolio Manager 2313 - Commercial Lending, Executive , Providence, Rhode Island
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