Northeast Bank · 2 days ago
Associate, Commercial Real Estate
Boston, MA, US
Full-time
Hybrid
Entry Level
$90K/yr - $110K/yr
2+ years expNortheast Bank is a full-service community bank and a national commercial real estate lender. The role involves providing valuation and market expertise for new lending opportunities across all real estate sectors, participating actively in the origination and underwriting team.
BankingFinancial Services
Responsibilities
Commercial Real Estate Valuation – complete internal valuation analyses/reports across a variety of property types and geographies for loans under consideration for purchase or origination. Involves fast paced, independent analysis including the review and synthesis of appraisal, property financials and other due diligence items; discussions with local market participants; and a survey of market conditions. Present conclusions to Loan Approval Committee / Senior Management
Prescreen New Opportunities – review real estate securing new lending opportunities to assess market position and liquidity and develop a view on collateral value and loan to value. Work closely with Relationship Management and Credit Underwriting groups to discuss risks associated with underlying real estate
Collaborate & Consult – work closely with the Originators, Credit, Legal, Relationship Management and Asset Management throughout the life cycle of a loan, from due diligence-to closing-to asset management-to disposition. Act as a subject matter expert on all matters related to real estate
Travel – when appropriate, complete site inspections for due diligence or asset management purposes
Flexibility– able to work on ad-hoc projects and requests as needed and as dictated by business needs
Successfully pass technical and regulatory examinations required by the Company
Qualification
Required
Bachelor's degree with a strong track record of performance and leadership
2 plus years of experience in commercial real estate lending, real estate valuation and/or underwriting
Intermediate to advanced Excel skills with knowledge of real estate financial modeling
Outstanding interpersonal, verbal, and written communication skills
Attention to detail, ability to multi-task and self-motivate in a fast-paced environment
Ability to objectively evaluate and consider all data prior to reaching conclusions
Successfully pass technical and regulatory examinations required by the Company
Preferred
Formal bank credit training or continuing education in credit and/or real estate topics a plus
Benefits
Competitive compensation and benefits
Generous PTO
Hybrid work environment
Company
Northeast Bank
Northeast Bancorp (NASDAQ: NBN) is the holding company for Northeast Bank, a full-service bank headquartered in Lewiston, Maine.
51-200 employees
Funding
Current Stage
Growth StageLeadership Team
Richard Wayne
Chief Executive Officer
S
Santino Delmolino
Chief Financial Officer
Recent News
2025-12-18
2025-10-29
Company data provided by crunchbase