1

Commercial Credit Portfolio Manager Jobs (NOW HIRING)

Credit Portfolio Manager II

Dedham, MA · On-site

$92K - $128K/yr

SUMMARY The Credit Portfolio Manager II manages and monitors an assigned portfolio of significant and complex Commercial Lending relationships. The role provides experienced credit analysis support ...

next page

Showing results 1-20

Commercial Credit Portfolio Manager information

See salary details

$63K

$109.1K

$150.5K

How much do commercial credit portfolio manager jobs pay per year?

As of Aug 14, 2026, the average yearly pay for commercial credit portfolio manager in the United States is $109,147.00, according to ZipRecruiter salary data. Most workers in this role earn between $90,500.00 and $124,500.00 per year, depending on experience, location, and employer.

How does a commercial credit portfolio manager typically collaborate with relationship managers and risk teams?

As a Commercial Credit Portfolio Manager, you’ll work closely with relationship managers to assess client needs and structure credit solutions that align with both client objectives and the institution’s risk appetite. You’ll also partner with risk teams to review credit applications, monitor portfolio performance, and ensure compliance with internal policies and regulatory requirements. This collaboration is essential for balancing client satisfaction with prudent risk management, and often involves regular meetings, joint client calls, and shared reporting responsibilities.

How much do commercial credit portfolio managers make?

Commercial credit portfolio managers typically earn a median annual salary ranging from $80,000 to $150,000, depending on experience, location, and the size of the portfolio managed. Senior managers or those in high-cost areas can earn higher compensation, often supplemented with bonuses and benefits. Strong analytical skills and industry certifications can also influence earning potential.

What does a commercial credit portfolio manager do?

A Commercial Credit Portfolio Manager is responsible for overseeing a portfolio of business loans and credit exposures for a financial institution. They assess credit risk, monitor the financial health of borrowers, and ensure that the portfolio adheres to the institution’s risk policies. Their duties often include analyzing financial statements, approving or recommending credit decisions, and working with relationship managers to support client needs. They play a key role in minimizing credit losses while supporting business growth. The role requires strong analytical skills, knowledge of credit markets, and attention to regulatory compliance.

What are the key skills and qualifications needed to thrive as a commercial credit portfolio manager?

To thrive as a Commercial Credit Portfolio Manager, you need strong analytical skills, in-depth knowledge of credit risk assessment, and a background in finance or accounting, often supported by a bachelor's degree and relevant experience. Familiarity with financial modeling software, credit risk management systems, and regulatory compliance tools is typically required. Exceptional communication, decision-making, and relationship management skills help you effectively collaborate with clients and internal teams. These competencies are essential to ensure sound credit decisions, minimize risk, and support profitable portfolio growth.
More about Commercial Credit Portfolio Manager jobs

What cities are hiring for Commercial Credit Portfolio Manager jobs?

Cities with the most Commercial Credit Portfolio Manager job openings:

Who are the top companies hiring for Commercial Credit Portfolio Manager jobs?

The top employers for Commercial Credit Portfolio Manager jobs are:

What states have the most Commercial Credit Portfolio Manager jobs?

States with the most job openings for Commercial Credit Portfolio Manager jobs include:

What job categories do people searching Commercial Credit Portfolio Manager jobs look for?

The top searched job categories for Commercial Credit Portfolio Manager jobs are:

Credit Portfolio Manager II

Dedham Savings

Dedham, MA • On-site

$92K - $128K/yr

Full-time

Medical, Dental, Vision, Life, Retirement

Posted 19 days ago


Job description

Description:

SUMMARY

The Credit Portfolio Manager II manages and monitors an assigned portfolio of significant and complex Commercial Lending relationships. The role provides experienced credit analysis support and leads portfolio administration activities, including annual reviews, covenant testing, loan maturities, risk ratings, borrower reporting, and related portfolio follow-up.


This position partners with Credit leadership, Relationship Managers, Credit Analysts, and Commercial Loan Administrators to support portfolio risk assessment, reporting, collateral evaluation oversight, credit process improvements, audits, loan reviews, and recommendations that strengthen risk and portfolio management.


ESSENTIAL DUTIES AND RESPONSIBILITIES

Complete and review credit analysis and file comments for new money, renewals, modifications, and annual review requests for significant and complex Commercial Lending relationships.

  • Lead portfolio administration in accordance with Bank policy, including annual reviews, covenant testing, loan maturities, borrower reporting, and related portfolio follow-up.
  • Monitor borrower reporting requirements, including financial statements, tax returns, borrowing base certificates, rent rolls, covenant compliance certificates, and other required financial reporting.
  • Monitor borrowing base reporting and revolving line activity, as applicable, to support collateral availability, advance eligibility, covenant compliance, and early risk identification.
  • Partner with Credit leadership, Relationship Managers, Credit Analysts, and Commercial Loan Administrators to communicate expectations and meet deadlines.
  • Review credit and legal documentation to support covenant tracking, testing, and correction of documentation inconsistencies.
  • Support accurate loan risk ratings, risk rating recommendations, and identification of portfolio risk trends.
  • Assist with portfolio risk assessments, including risk rating trends, stress testing, asset quality, industry concentrations, and management or board-level reporting.
  • Identify emerging credit concerns and support risk mitigation or remediation actions, including risk rating recommendations, covenant changes, monitoring enhancements, and corrective action plans.
  • Maintain awareness of market conditions, industry trends, regulatory expectations, and commercial credit best practices.
  • Oversee internal collateral evaluation functions, including review and approval of analyst-prepared evaluations as needed.
  • Support implementation of credit systems, processes, procedures, and analysis templates.
  • Recommend improvements to credit policies, procedures, workflows, efficiency, and portfolio administration.
  • Serve as a liaison with audit, loan review, compliance, and other oversight partners, as needed.
  • Lead departmental projects and participate in Commercial audits, loan reviews, and related initiatives.
  • Interact with clients, upon request, to obtain financial information, answer credit process questions, or attend meetings.

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.

Requirements:


QUALIFICATIONS

The requirements below represent the knowledge, skills, and abilities needed to perform the essential functions of the role. Reasonable accommodations may be made consistent with applicable law.


EDUCATION and/or EXPERIENCE

  • Bachelor’s degree in finance, accounting, business administration, economics, or related field preferred; equivalent commercial credit experience may be considered.
  • Minimum of five years of directly related credit and/or commercial lending experience.
  • Experience analyzing significant or complex commercial lending relationships, including renewals, modifications, annual reviews, risk ratings, and credit recommendations.
  • Experience with portfolio monitoring, covenant tracking, loan maturities, annual reviews, and related portfolio administration.
  • Experience monitoring borrower reporting, covenant compliance, borrowing base or revolving line activity, collateral availability, and emerging credit concerns preferred.
  • Experience with loan origination, portfolio monitoring, credit workflow, or similar banking systems preferred.

SKILLS

  • Strong knowledge of commercial credit analysis, financial statements, loan structure, risk ratings, collateral evaluation, covenant monitoring, lending documentation, and credit policy.
  • Ability to independently complete and review credit presentations, annual reviews, modifications, risk rating changes, and credit recommendations.
  • Working knowledge of portfolio administration practices, including covenant tracking, loan maturity monitoring, annual review requirements, exception identification, and related reporting.
  • Ability to monitor borrower reporting, borrowing base activity, revolving line usage, covenant compliance, collateral availability, and related documentation.
  • Ability to interpret and apply credit policies, procedures, regulatory expectations, and departmental standards.
  • Strong analytical, mathematical, organizational, judgment, and workflow management skills.
  • Ability to identify emerging credit concerns and support practical risk mitigation, remediation, and portfolio management recommendations.
  • Strong communication skills, including the ability to prepare clear credit comments, reports, correspondence, procedures, and management updates.
  • Ability to partner effectively with lending, credit, risk management, audit, compliance, loan review, and senior management teams.
  • Working knowledge of 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.
  • Willingness to learn new systems, processes, technical skills, and regulatory or policy updates.

ADDITIONAL JOB REQUIREMENTS / ADA CONSIDERATIONS

The employee must be able to communicate effectively with internal and external stakeholders; read, interpret, and prepare business, banking, regulatory, and client documentation; and apply business and financial concepts relevant to the role. Work is primarily performed in a professional office environment and requires regular use of standard office technology, review of screens and documents, occasional market-area travel, 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 support our clients in a friendly and professional manner every day and are equally committed to supporting our employees. We offer a competitive benefits package, including Medical, Dental, Vision, Flexible Spending, Tuition Reimbursement, Childcare Subsidy Reimbursement, Retirement, Life Insurance, and many other benefits.

Dedham Savings provides equal employment opportunity to all employees and applicants without regard to any status protected by applicable federal, state, or local law.


We strive to foster an inclusive culture where every voice is valued and employees feel a sense of belonging and connection.


PAY RANGE DISCLOSURE

The pay range for this position is $92,300 to $128,000 per year. Final pay will be based on factors including relevant education, qualifications, experience, performance metrics, business needs, and organizational affordability.


EOE/F/M/Vet/Disabled