Jarrett Riel
Chelmsford,MA
Summary
Dynamic Construction Portfolio Manager at Enterprise Bank and Trust Company with extensive experience in financial analysis and risk assessment. Proven track record in managing loan approvals and mitigating exposure while delivering exceptional customer service. Adept at problem-solving and maintaining strict organization to drive project success and enhance portfolio performance.
Overview
5
5
years of professional experience
Work History
Construction Portfolio Manager, Bank Officer
Enterprise Bank and Trust Company
Hudson, NH
05.2024 - Current
- Requesting and evaluating applicants’ financial information, as well as property evaluation to determine feasibility of granting loan
- Arranging approval packages and recommendations for construction, commercial real estate and C&I loans
- Remaining current on relative real estate markets and construction industry trends
- Preparing and monitoring disbursement schedules, title rundowns, land and spec reports and project review sheets for existing portfolio and new relationships to ensure the Bank is not over-exposed
- Consulting with legal counsel and reviewing loan documentation to confirm documentation is complete and accurate, in accordance with loan policy
- Supporting loan officers with customer interactions as needed, as well as identifying and researching cross-sell opportunities
Credit Analyst II
Enterprise Bank and Trust Company
Lowell, MA
09.2022 - 05.2024
- Addressing industry and credit risks, conducting collateral analysis, and loan structuring
- Preparing credit approval packages for renewals, C&I loans, commercial real estate transactions, and construction loans while providing recommendations for approval
- Preparing financial spreads, pro formas, and cash flow analysis in order to assess inherit credit and repayment risks
- Testing financial covenants for compliance as determined by underlying loan documents
- Working proactively with loan officers to keep transactions progressing and reducing the Bank’s exposure
Commercial Lending Assistant I
Enterprise Bank and Trust Company
Lowell, MA
06.2021 - 09.2022
- Obtaining and reviewing required documentation prior to the loan closing including insurance, beneficial ownership, MLCs, and settlement statements
- Processing various transactions including but not limited to, loan funding, loan payments, loan advances, overdrafts, and wires
- Handling reports and request documentation for past due notes, note ticklers, and past financials
- Reviewing loan packages to ensure all proper documentation has been received and signed to upload for speedy booking
- Software utilized: LADS, AccuAccount, Premier, Premier Director, Fedwire Xchange, Commercial Center
Summer Intern, Mortgage Processor
Enterprise Bank & Trust Company
Lowell, MA
05.2020 - 01.2021
- Obtain insurance binders, employment verifications, and title orders
- Split documents including but not limited to, closing disclosures, commitment letters, title insurance policies, paystubs, W2’s, tax returns
- Upload draft and executed documentation to relevant software programs and database file structures
- Review, scan, and analyze documents for approval by the underwriter
- Software utilized: Mortgagebot Blitzdocs, Finastra Mortgagebot LOS, Adobe Acrobat, IDSdocs, Rightfax Fax Printer, Citrix
Education
M.S. - Finance concentration in Corporate Finance
Southern New Hampshire University
Manchester, NH05.2023
B.S.B.A. - Finance & Accounting
Saint Joseph’s College
Standish, ME05.2021
Skills
- Exposure Management
- Financial Analysis
- Problem-solving abilities
- Strict Organization
- Decision Making
- Customer Service
- Critical Thinking
- Risk Assessment
Volunteer Experience
- Saint Margaret’s of Scotland Parish, Confirmation Community Service, Lowell, MA, 20, Service at a homeless shelter serving food, setting up tables, & clean up.
- Vocal ID, 10
- Saint Joseph’s College Baseball, Service serving food, setting up tables and interacting with children with disabilities at Riding to The Top Therapeutic Center in Gorham, Maine.
- Saint Joseph’s College Business Club, Vice President, Recruited new members to join the team., Organized and partook in fundraisers with officers to make profit for business club., Scheduled site visits for team to take tours of large organizations., Organized schedules for underclassmen to help build resumes, schedules, and career paths.
- Chelmsford Youth Softball, Chelmsford, MA, Served as assistant coach for summer and fall season of 2021., Scheduled practices, focused on player development and sportsmanship.
References
References available upon request.
Timeline
Construction Portfolio Manager, Bank Officer
Enterprise Bank and Trust Company
05.2024 - Current
Credit Analyst II
Enterprise Bank and Trust Company
09.2022 - 05.2024
Commercial Lending Assistant I
Enterprise Bank and Trust Company
06.2021 - 09.2022
Summer Intern, Mortgage Processor
Enterprise Bank & Trust Company
05.2020 - 01.2021
M.S. - Finance concentration in Corporate Finance
Southern New Hampshire University
B.S.B.A. - Finance & Accounting
Saint Joseph’s College
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