Associate, Asset Management

Responsibilities

• Provide oversight and support for the Bank’s purchased loan portfolio, including initial assessments and strategic recommendations.
• Daily responsibilities include restructuring credit and repayment terms, developing strategies to secure collateral, collecting and monitoring monthly payments, taxes, and insurance, and working with borrowers to obtain financial information.
• Develop annual or bi-annual in-depth analyses with recommendations to protect and strengthen investments.
• Oversee and support the Bank’s originated loan portfolio, focusing on monitoring monthly payments, taxes, insurance, and working with borrowers to obtain financial information.
• Assist with the Community Banking and Consumer Banking Portfolios, handling tasks such as collecting and monitoring payments, restructuring credit, and working with third parties on foreclosure activity.
• Conduct periodic credit underwriting assignments for loan portfolios under consideration, reviewing loan documentation, analyzing cash flows, and presenting findings to loan investment committees.
• Successfully pass technical and regulatory examinations by the Company.

Requirements

• Bachelor’s degree preferred
• 2 to 5 years of experience in asset management, commercial loan workout, or loan underwriting
• Formal bank credit training a plus
• Ability to work and thrive in a team environment

Knowledge, Skills and Abilities

• Must be able to remain in a stationary position for long periods of time
• Must be able to occasionally lift up to 20 lbs
• Consistently operates a computer and other office equipment
• Must express or exchange ideas with co-workers, customers, and vendors