About Hingham Institution for Savings

Hingham Institution for Savings is a $3.6B closely-held bank, with a focus on specialty commercial and residential real estate lending. The Commercial Real Estate Group originates conventional, construction, and special situation loan transactions - our mandate is broad and flexible. With a flat organizational structure, we offer rapid decisions on transactions up to $70 million dollars. We are one of the most profitable banks in the country, we are proudly independent, and we are prepared to deploy significant capital during the rapidly developing period of economic uncertainty. For talented commercial real estate lenders, we offer a stable platform for long-term career growth.

This individual will be responsible for originating, underwriting, and administering a portfolio of commercial real estate loans. The Bank concentrates in multifamily and mixed-use properties, although we will lend across all commercial product types. We do not make C&I or unsecured business loans. Strong candidates will have a demonstrated record of origination, deep knowledge of commercial real estate markets in their greater Boston metropolitan area, and good underwriting and valuation skills. We are interested in both senior and mid-level candidates.

Although this individual would have the opportunity to work from our Main Office in Hingham, members of our team work in-person, fully remotely and on a hybrid basis. This individual would have the opportunity to define the work environment that is most productive for them. This role has an in-office requirement.

Responsibilities: 

• Origination: Source and originate commercial real estate loans, prepare credit memoranda and associated documents for management and Committee review, and work closely with processing staff and legal counsel to ensure loans close in a timely and compliant manner
• Valuation: Maintain strong valuation skills and market knowledge for one or more of the Bank’s core markets. Evaluate the risks of multiple transaction types, including permanent, value-add, and ground-up redevelopment projects across the Bank’s preferred asset classes.
• Portfolio Management: Manage portfolio requests for customers within his/her loan portfolio, including extensions, new credit requests, loan modifications and restructuring.
• Deposits:  In conjunction with the Bank’s Specialized Deposit Group, identify opportunities for deposit relationships. Broker introductions between the Bank’s Specialized Deposit Group Relationship Managers and principals/operational staff of CRE borrowers.

Qualifications:  

• B.A. in related or applicable field
• Substantial track record of origination and underwriting experience at community, regional, or national bank with a focus on commercial real estate in the Bank’s core markets
• Market knowledge of the Bank’s preferred asset classes (small and medium-sized multifamily, mixed-use, small office and retail, industrial) in one or more of the Bank’s core markets
• Strong written communications skills
• Strong quantitative skills and the ability to leverage technology to improve underwriting processes 
• Comfortable collaborating across an enterprise that is primarily remote -- experience with cloud-based tools like Google Workspace preferred 
• This role requires employees to be in office.
  
  

Benefits

As a family-run company, we offer an excellent benefits package. Hingham is one of the most profitable banks in the country and our profit-sharing program offers all employees the opportunity to participate in this success.

• 401K Matching 
• Health Benefits with Employer Contribution
• Life Insurance
• Paid Time Off
• Family Leave
• Short & Long Term Disability 
• Wellness Benefits