Assistant Manager, Commercial Credit Administration-Hybrid

Logix Federal Credit Union • Valencia, CA

10h • Hybrid

About The Position

The Assistant Manager, Commercial Credit Administration assists the Manager, Business Credit Administration with monitoring, maintaining, analyzing, and servicing the commercial real estate (CRE) and business loan portfolio, including conventional and SBA loans. The role supports credit administration, portfolio monitoring, loan servicing, reporting, regulatory compliance, and employee engagement, and serves as the department’s team leader.

Requirements

• At least a bachelor's degree in business administration or a related discipline.
• At least five years of experience in commercial lending.
• Strong analytical skills in property operations, borrower and guarantor financials, and market performance, including experience modeling historical and projected financial analyses in Excel.
• Excellent knowledge of commercial credit policies and procedures.
• Excellent credit analysis and accounting skills.
• Good organizational skills.
• Ability to assume responsibility and accountability for credit recommendations and decisions.
• Ability to work independently and as part of a team, and interact effectively with all levels of Credit Union personnel and outside contacts.
• Current knowledge of commercial lending and SBA regulations and SBA servicing requirements.
• Knowledge of proper CRE and SBA loan documentation and ability to review loan documents for compliance with rules and regulations.
• Excellent written and verbal communication skills and ability to communicate effectively with internal and external personnel at all levels.
• Ability to negotiate effectively and use diplomacy and tact.
• Excellent interpersonal skills when interacting with customers.
• Strong Microsoft Office skills, including Outlook, Excel, Word, and PowerPoint.

Nice To Haves

• Knowledge of the foreclosure process.

Responsibilities

• Assist with financial analysis and annual reviews of assigned existing loan relationships and participation loans, ensuring loans are graded according to the Credit Union’s loan grading policy.
• Review collateral property inspections completed by third-party vendors and follow up with borrowers to address identified deferred maintenance.
• Monitor borrowers’ ability to repay loans as structured through periodic check-ins and information collection, and ensure post-closing compliance with loan documents.
• Assist in monitoring borrower and guarantor performance, covenant compliance, financial and industry trends, and potential problem credits.
• Provide timely information to loan participants at other institutions as needed.
• Review borrower requests, including assumptions, partial releases, collateral exchanges, modifications, and waivers, in accordance with established policies, procedures, and loan documents; recommend actions for Senior Management approval.
• Assist in preparing loan portfolio reports, including Problem Credit Report Memorandums, for audit and management, and maintain audit soundness of the loan portfolio.
• Monitor critical asset levels through action plan implementation and manage loan delinquencies and maturing loans.
• Assist the Manager, Business Credit Administration, in developing and implementing approved loan workout and resolution plans.
• Coordinate with legal counsel or outside collection agencies, with management guidance, to minimize Credit Union liability.
• Assist with annual review, updates, and development of commercial lending policies and procedures, and comply with current regulatory standards.
• Serve as the point of contact for third-party systems and platforms used for loan monitoring and servicing.
• Assist in assembling information and reports for regulatory examinations and outside audits.
• Respond to escalated customer inquiries regarding servicing and payment issues.
• Maintain loan files.
• Prepare monthly, quarterly, semiannual, and annual commercial portfolio reports for presentation to reporting committees, with assistance from the Manager.
• Ensure the annual shock test is performed on the loan portfolio.
• Co-plan the annual performance review.
• Assist with employee matters, including coaching, counseling, and employee development, and support continuous positive feedback and connecting new hires with the organization’s CATFISH values.
• Serve as team leader for the department.

Benefits

• Hybrid schedule with in-person collaboration and remote flexibility.

What This Job Offers

• Job Type: Full-time
• Career Level: Manager