Commercial Portfolio Manager

Job overview

The Commercial Portfolio Manager is an onsite role in Wakefield, MA, with compensation of $124,000–$153,000 per year. Reading Cooperative Bank is a mutual cooperative bank focused on strengthening Main Street and supporting local communities. The manager oversees commercial relationships and supports lenders with underwriting and structuring new loans and renewals. Through credit analysis, portfolio monitoring, and client engagement, the role helps the commercial lending team manage risk and serve business borrowers.

What you'll do

• Manage an assigned portfolio of commercial relationships
• obtain client financial information and track reporting and covenant compliance
• analyze financial statements and prepare annual reviews
• manage maturities, renewals, extensions, modifications, and rate changes
• monitor past dues and identify potential problem loans
• underwrite new requests and renewals
• assist with loan memoranda and credit presentations
• engage with clients and refer relevant bank products.

What we're looking for

Skills & competencies

commercial portfolio manager

wakefield ma

reading cooperative bank

commercial lending

credit underwriting

portfolio management

commercial real estate

c&i lending

construction loans

client relationships

$124k–$153k/year

medical dental vision

401(k)

paid time off

Work arrangement

• Weekend coverage required

Benefits & perks

• Medical plans with HRA or HSA options, dental and vision coverage, flexible spending accounts, disability insurance, 401(k), Employee Assistance Program, paid time off, interest-free emergency loan program, and tuition assistance.

Why this role

The role covers commercial real estate, C&I, construction, lines of credit, and term loans. Requires 3–5 years of commercial credit, underwriting, or portfolio management experience and formal commercial credit training or similar experience. A bachelor’s degree is preferred. Benefits include medical, dental, vision, disability insurance, 401(k), paid time off, emergency loan program, and tuition assistance.

About the employer

Reading Co-Operative is hiring for this role. Industry: Commercial Banking. Sector: 52.