Portfolio Manager II - Real Estate Finance - 24212 - JH

Sovereign Bancorp, Inc., ('Sovereign') (NYSE: SOV), is the parent company of Sovereign Bank, a $80 billion financial institution with more than 800 community banking offices, over 2,000 ATMs and approximately 12,000 team members with principal markets in the Northeast United States. Sovereign offers a broad array of financial services and products including retail banking, business and corporate banking, cash management, capital markets, trust and wealth management and insurance. Sovereign is the 18th largest banking institution in the United States.

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Essential Duties and Responsibilities:

This position manages day-to-day credit activities including complex customer inquires.? The incumbent is responsible for gathering financial information and preparing periodic reviews.? He/she has a key role in monitoring credit performance, works with loan review and regulatory agencies and is responsible for managing the interface with Loan Administrators on a daily basis.? This position supports the team in achieving high quality loan outstandings to new and existing customers, a portfolio risk profile consistent with Sovereign?s objectives and strong customer relationships through the sale of Sovereign?s fee based products and services.

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Qualifications:

A Bachelor?s degree in Finance, Accounting, Economics or related field, or equivalent work experience, and at least 4 years of commercial credit experience are required.