Senior Special Assets Portfolio Manager

Overview

This role is responsible for completing the financial analysis and due diligence required to develop credit packages and provide loan servicing on troubled credits. You will assist the Credit Resolution Relationship Manager by gathering information needed to make credit decisions and analyze credit and restructuring requests from start to finish. Serve as a secondary point of contact for resolving distressed credits and recommend loan and restructuring requests based on the organization’s underwriting standards.

You will also complete analysis on servicing actions for existing customers, including restructures, extensions, forbearances, releases, assumptions, conversions, and charge-offs. The position is accountable for underwriting a designated loan portfolio and any new accounts transferred to the Credit Resolution Group (CRG), with responsibility for approval/denial of credit actions through assigned delegated authority or recommendations to higher-level delegated authority.

Position will be posted until filled.

Responsibilities

• Assist the Relationship Manager with gathering information necessary to make appropriate credit decisions.
• Develop credit packages and loan servicing actions.
• Review and analyze credit information; determine whether additional investigation or information is needed.
• Request appraisal/field reports, obtain third-party verifications, credit reports, and lien searches as necessary.
• Complete loan analysis, including financial statements, cash flows, loan analysis forms, trend sheets, writing narratives, preparing facts, and providing opinions on creditworthiness, risks, and mitigants.
• Formulate projections using historical financial data, current budgets, and other relevant information.
• Input required financial information and data into the organization’s financial analysis, loan origination, and other loan processing systems.
• Make approval recommendations based on the organization’s loan underwriting standards while complying with regulatory requirements; participate in loan committee meetings as required.
• Demonstrate analytical and statistical skills to evaluate loan requests and provide an independent opinion of applicant creditworthiness aligned with the organization’s credit philosophy and risk appetite.
• Monitor the assigned portfolio to determine potential servicing needs and ensure customers remain compliant with loan terms and conditions.
• Assist in preparing quarterly High Attention Credit Reports and other CRG reports as required.
• Determine and review legal documentation; coordinate with credit and approval departments and with attorneys and title companies on loan closings as needed.
• Support development of training for association staff on distressed loan management processes.
• Assist branch staff in discussions about restructuring and liquidation issues.
• Contribute to special projects as needed.

Additional duties (Credit Resolution Portfolio Manager)

• Responsible for credits within the Commercial channel.
• Provides mentorship for the National Guard.
• Delivers specialized technical training and guidance to association staff.
• Provides leadership to staff at multiple locations across the association while working closely with CRG leadership.

Requirements

• BA/BS degree with an emphasis on agribusiness, business administration, or equivalent.
• Five or more years of progressively responsible banking or related agricultural lending experience.
• Demonstrates understanding of agricultural lending principles and practices, and association and Farm Credit System operating policies and procedures.
• Knowledge of FCA regulations, association, and district policies and procedures.
• Demonstrated ability to organize and prioritize work to meet deadlines.
• Strong written and verbal communication skills.
• Strong persuasive and interpersonal skills.
• Proficiency with a PC, including Microsoft Word, Outlook email, and electronic spreadsheet software.
• Desire and ability to travel as needed.

Job requirements (work environment)

• Must be able to perform basic office tasks in a typical office setting; extended sitting at a desk and computer.
• Ability to talk and hear, sit, use hands and fingers, and reach in all directions is essential.
• Some lifting and moving of items up to 25 pounds are required.
• Work during established business hours; weekend and/or evening work may be required.
• Some travel is required.

Remote work

• Full-time remote roles and job functions may be performed remotely while maintaining customer service and business goals.
• Employees are welcome to work from an office if needed, and some travel for team meetings will be required.

Eligibility

• All hiring is contingent on eligibility to work in the United States.
• The organization is unable to sponsor or transfer visas for applicants.

Preferred Qualifications

None listed.

Compensation & Benefits

• Pay range (annual): Minimum $98,644.40 - Max $171,887.88
• Incentive compensation plan; position is bonus eligible based on association and personal performance.
• Medical, dental, and vision coverage.
• Outstanding 401k – automatic 3% employer contribution, plus match up to 6%.
• Generous paid time off:
  • Vacation accrued at 21 days annually
  • Sick days accrued at 15 days annually
  • 12 paid holidays
  • Plus 16 hours of volunteer time
• Disability and life insurance.
• Employee mental, physical, and financial wellness programs.

Notes regarding pay range:

• Reflected is the national base pay range and title offered for this job at the current level.
• Compensation, title, and job level may be adjusted based on candidate qualifications including but not limited to achievements, skills, experience, or work location.

Location

Full-time remote, with option to come to an office if needed and some travel for team meetings.