Commercial Credit & Portfolio Management Officer

Job Description

Job Description

Overview

Now Hiring: Commercial Credit & Portfolio Management Officer

Full-Time | Credit Department

Location: Salem, NH

Annual Salary: $85,000–$100,000

Help Strengthen Commercial Lending Relationships

Bank of New England is seeking a detail-oriented banking professional to join its Commercial Credit team in Salem, New Hampshire. This position offers the opportunity to combine financial analysis, commercial credit underwriting, and portfolio oversight while collaborating with commercial lenders and credit administration.

The ideal candidate understands how to assess borrower financial performance, identify credit risks, and support responsible lending decisions. If you enjoy working with financial data, evaluating business opportunities, and maintaining strong credit quality, this could be the next step in your banking career.

Your Role & Impact

In this role, you will support the health and performance of an assigned commercial loan portfolio, from evaluating lending opportunities to monitoring existing credit relationships. You’ll help ensure that credit decisions are supported by sound financial analysis, complete documentation, and consistent risk management practices.

Key Responsibilities

Credit Analysis & Underwriting

• Review and analyze commercial borrowers’ financial statements, cash flow, repayment capacity, and overall creditworthiness.
• Evaluate new lending requests and existing credit relationships to determine financial risk.
• Support commercial loan structuring and recommend appropriate financing solutions.
• Prepare credit analyses, underwriting documentation, and recommendations for internal review.

Portfolio Monitoring & Risk Management

• Manage or support an assigned portfolio of commercial loans and credit relationships.
• Complete annual reviews, loan renewals, and periodic risk assessments.
• Monitor financial covenants, borrower performance, and overall portfolio quality.
• Identify emerging credit concerns and recommend appropriate risk mitigation measures.
• Maintain accurate, complete, and up-to-date credit files and portfolio records.

Collaboration & Compliance

• Work closely with Commercial Lenders and Credit Administration throughout the lending process.
• Participate in client meetings and relationship management activities as needed.
• Prepare portfolio reports and communicate credit findings to relevant stakeholders.
• Ensure lending activities align with bank policies, applicable regulatory requirements, and established underwriting standards.

Qualifications & Experience

To be successful in this position, you should bring a combination of commercial banking knowledge, analytical ability, and sound credit judgment.

Required Qualifications

• Bachelor’s degree in Finance, Accounting, Business Administration, or a related discipline, or equivalent relevant experience.
• 3–5 years of experience in commercial banking, credit analysis, commercial underwriting, portfolio management, or commercial lending.
• Strong knowledge of financial statement analysis, cash flow evaluation, and commercial credit underwriting.
• Experience managing or supporting commercial loan portfolios.
• Ability to assess borrower risk and develop well-supported credit recommendations.
• Strong analytical, organizational, and problem-solving skills.
• Excellent written and verbal communication skills.
• Ability to work independently and collaborate effectively across departments.
• Proficiency in Microsoft Office, particularly Excel and Word.

Compensation & Benefits

Bank of New England offers a competitive compensation package and the opportunity to grow within a relationship-focused community banking environment.

• Annual salary of $85,000–$100,000, depending on qualifications and experience.
• Medical and dental insurance.
• 401(k) retirement plan.
• Life insurance.
• Collaboration with experienced commercial lending and credit professionals.
• A supportive workplace that values professional development, teamwork, and exceptional client service.
• The opportunity to contribute to responsible lending decisions and long-term portfolio performance.

Why Join Bank of New England?

At Bank of New England, strong commercial relationships and responsible credit practices are essential to serving local businesses and the broader community. You’ll work alongside professionals who value thoughtful analysis, sound financial decisions, and collaborative problem-solving.

If you’re ready to apply your commercial credit expertise in a role where your analysis helps guide lending decisions and protect portfolio quality, we encourage you to apply.

Apply today to be considered for this opportunity in Salem, NH.

Equal Opportunity Employer

Employment is contingent upon successful completion of a background screening, credit review, and verification of work authorization. Bank of New England provides equal employment opportunities to all qualified applicants and employees.