Credit Resolution Portfolio Manager

BASIC FUNCTION

Responsible for completing the financial analysis and due diligence required to develop credit packages and complete loan servicing on troubled credit. Will assist the Credit Resolution Relationship Manager in gathering the required information necessary to make appropriate credit decisions and analyze credit and restructuring requests from start to finish.

Serves as a secondary point of contact for resolving distressed credits. Recommend loan and restructuring requests based on the Association’s Underwriting Standards. Will complete analysis on various servicing actions on existing customers, such as restructures, extensions, forbearances, releases, assumptions, conversions, and charge-offs.

ESSENTIAL DUTIES

• Assists the Relationship Manager in gathering information necessary to make appropriate credit decisions.
• Develops credit packages and loan servicing actions.
• Reviews and analyzes credit information presented; determines the need for more thorough investigation or additional information.
• Requests appraisal/field reports, obtain third party verifications, obtain credit reports, and request lien searches as necessary.
• Completes loan analysis, including financial statements, cash flows, loan analysis forms, trend sheets, writing narratives, preparing facts, and offering opinions concerning creditworthiness, risks and mitigants, and other forms as required.
• Formulates projections using historical financial data, current budgets, and other information.
• Inputs all required financial information and data into the financial analysis, loan origination, and other loan processing systems.
• Makes approval recommendations on loan actions based on the Association’s Loan Underwriting Standards while complying with regulatory requirements.
• Participates in loan committee meetings as may be required.
• Demonstrates analytical and statistical skills to effectively evaluate loan requests and make the appropriate independent opinion of the credit worthiness of the applicant, aligned with the organization’s credit philosophy and risk appetite.
• Maintains monitoring of assigned portfolio to determine the customer's potential servicing needs and ensure customers stay in compliance with the terms and conditions of their loan(s).
• Assists in the preparing quarterly High Attention Credit Reports and other CRG Reports as required to monitor the portfolio.
• Determines and reviews legal documentation. Coordinates with all credit and approval departments and with attorney’s and title companies on loan closings, as needed.
• Provides support with developing training for the Association staff on distressed loan management processes.
• Aids in discussions about restructuring and liquidation issues with branch staff.
• Contributes to any special projects where a Credit Resolution employee is needed.

OTHER DUTIES

• 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.

POSITION REQUIREMENTS

• Must be able to perform basic office tasks and work in a typical office setting.
• Employee will be sitting for extended periods and accomplishing work at a desk and at a computer for an extended period.
• Must have strong written and verbal communication skills to adequately convey ideas and work well with a team.
• Ability to talk and hear, sit, use their hands and fingers, and reach in all directions is essential in the performance of the job.
• Some lifting and moving of items up to 25 pounds are required.
• Work during established business hours and weekend and/or evening work.
• Some travel is required.

WORK ENVIRONMENT

• Typical office setting.
• Sitting for extended periods.
• Using a computer for an extended period.

PAY RANGE

Minimum $71,138.70 - Max $123,959.18 Annual