Portfolio Manager jobs in Providence, RI

The Portfolio Manager reviews the customer's goals and develops investment strategies that will attain and support those objectives with acceptable risk. Responsible for managing, evaluating, and monitoring key or complex investment portfolios comprised of bonds, securities, and equity funds in a banking environment. Being a Portfolio Manager monitors daily investment activities to be aware of market changes. Considers legal and tax impact of investment decisions. In addition, Portfolio Manager may manage a team of portfolio manages. Requires a bachelor's degree. Typically reports to top management. Requires Chartered Financial Analyst (CFA) Level 1. Being a Portfolio Manager gains exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work. Working as a Portfolio Manager typically requires 2 -4 years of related experience. (Copyright 2024 Salary.com)

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Commercial Lending Portfolio Manager
  • The Washington Trust Company
  • Providence, RI FULL_TIME
  • Commercial Lending Portfolio Manager
    Washington Trust Weybosset Street, 10 Weybosset Street, Providence, Rhode Island, United States of America Req #1077
    Friday, August 4, 2023

    We are seeking a seasoned portfolio manager/commercial banker to support our commercial lending portfolio.This position will be a key contributor to the implementation of the overall growth plan.

    Working in partnership with the Team Leader and other staff, this position will be responsible for underwriting of new transactions as well as effectively managing credit relationships within the existing commercial portfolio of C&I clients, which includes owner-occupied CRE and some Not-For-Profit clients. The individual in this role will have the opportunity to develop as the main point of contact for credit for these clients that are commercial borrowers that likely have wealth and deposit relationships with the bank.

    * We offer a flexible hybrid schedule with on-site work in Providence, RI.

    Primary Responsibilities:

    • 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 funding.
    • Provide ongoing maintenance and management of the assigned portfolio, including updating files with current financial information, risk rating assessments, collateral monitoring, covenant monitoring, tracking delinquencies, industry trends, and watch for developing issues.
    • 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 waivers.
    • Facilitate borrower financial reporting submissions to the bank. Responsible for evaluating financial performance of borrower and guarantors based on a variety of factors determining an appropriate risk rating.
    • Assure adherence to credit policies, guidelines and applicable regulatory compliance.
    • Work with the team to develop a relationship plan and credit management strategy for key customers and loan prospects.

    Requirements/Qualifications:

    • Bachelor's degreein Finance, Accounting, Business Administration or equivalent in professional experience. Analytical background in commercial lending or other analytical experience is preferred such as formal credit training.
    • 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 2011!

    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 Hereto view the EEOC "Know Your Rights" notice andClick Hereto view the "Pay Transparency Nondiscrimination Provision".

    Other details
    • Job Family Professionals
    • Job Function Professionals
    • Pay Type Salary
    • Washington Trust Weybosset Street, 10 Weybosset Street, Providence, Rhode Island, United States of America
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  • 12 Days Ago

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Senior Portfolio Manager
  • Washington Trust
  • Providence, RI FULL_TIME
  • We are seeking a seasoned Senior Portfolio Manager with strong credit skills to support our commercial lending portfolio. This position will be a key contributor to the implementation of the overall g...
  • 12 Days Ago

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Senior Portfolio Manager
  • The Washington Trust Company
  • Providence, RI FULL_TIME
  • Senior Portfolio Manager Providence, RI, USA Req #1077 Thursday, January 4, 2024 We are seeking a seasoned Senior Portfolio Manager with strong credit skills to support our commercial lending portfoli...
  • 13 Days Ago

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Portfolio Manager ~ Providence, RI
  • Bank Rhode Island
  • Providence, RI FULL_TIME
  • About Bank Rhode Island Bank Rhode Island is a full-service financial institution with 20 branches headquartered in Providence, Rhode Island. As a full-service commercial bank, we're proud to offer a ...
  • 7 Days Ago

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Audit Manager | Portfolio Companies
  • CBIZ, Inc.
  • RI, RI FULL_TIME
  • With over 120 offices and nearly 7,000 associates throughout the U.S. CBIZ (NYSE: CBZ) delivers top-level financial and employee business services to organizations of all sizes, as well as individual ...
  • 17 Days Ago

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Audit Manager | Portfolio Companies
  • CBIZ
  • Providence, RI FULL_TIME
  • Status Category: Full-Time Exempt/Non-Exempt: Exempt Scheduled Hours Per Week: 40 Job Code: FS213AU With over 120 offices and nearly 7,000 associates throughout the U.S. CBIZ (NYSE: CBZ) delivers top-...
  • 17 Days Ago

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0 Portfolio Manager jobs found in Providence, RI area

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Director - Investment Administration
  • MassMutual
  • Worcester, MA
  • The Opportunity This role is responsible for the administration of MassMutuals direct investments that support transacti...
  • 3/19/2024 12:00:00 AM

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Sr. Credit Representative
  • Manpower
  • Fairhaven, MA
  • Job Title: Senior Credit Representative Location: Fairhaven Pay: $30/hr Schedule: Hybrid, Monday - Friday The Senior Cre...
  • 3/18/2024 12:00:00 AM

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Global Product Portfolio Manager
  • Hanna Instruments
  • Woonsocket, RI
  • Hanna Instruments, an industry leader and manufacturer of scientific instrumentation, is seeking a full-time Global Prod...
  • 3/17/2024 12:00:00 AM

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Loan Operations/Loan Servicing Specialist
  • Software Galaxy Systems, LLC
  • Johnston, RI
  • Responsible for assisting with Processing, Closing and or Servicing, all loan types for Commercial and Business Banking....
  • 3/17/2024 12:00:00 AM

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Portfolio Manager - Remote
  • McAfee Corp.
  • Job Title: Portfolio Manager - Remote Role Overview: We are seeking an experienced portfolio manager who can add a fresh...
  • 3/16/2024 12:00:00 AM

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Senior Project Manager
  • Leidos
  • Framingham, MA
  • Description Senior Project Manager - Power Delivery Solutions At Leidos, we deliver innovative solutions through the eff...
  • 3/14/2024 12:00:00 AM

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Asset Manager
  • Clean Harbors
  • Norwell, MA
  • Clean Harbors is looking to hire an Asset Manager that will be responsible for the overall lifecycle management of a spe...
  • 3/5/2024 12:00:00 AM

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Senior Asset Manager
  • Clean Harbors
  • Norwell, MA
  • Clean Harbors is looking to hire a Senior Asset Manager that will be responsible for the overall lifecycle management of...
  • 3/5/2024 12:00:00 AM

The Providence city limits enclose a small geographical region with a total area of 20.5 square miles (53 km2); 18.5 square miles (48 km2) of it is land and the remaining 2.1 square miles (5.4 km2) is water (roughly 10%). Providence is located at the head of Narragansett Bay, with the Providence River running into the bay through the center of the city, formed by the confluence of the Moshassuck and Woonasquatucket Rivers. The Waterplace Park amphitheater and riverwalks line the river's banks through downtown. Providence is one of many cities claimed to be founded on seven hills like Rome. The...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Portfolio Manager jobs
$120,720 to $167,330
Providence, Rhode Island area prices
were up 1.6% from a year ago