Assistant Manager, Commercial Credit Administration-Hybrid

Logix Federal Credit Union•Valencia, CA

1d•$100,845 - $156,309•Hybrid

About The Position

The Assistant Manager - Business Credit Administration assists the Manager - Business Credit Administration with monitoring, maintaining, analyzing, and servicing the CRE and Business loan portfolio, covering loan types from conventional to SBA. The role supports portfolio oversight, borrower and guarantor monitoring, credit analysis, loan servicing, regulatory compliance, reporting, and workout or resolution planning. It also serves as the department team leader and supports employee coaching, development, and engagement.

Requirements

Bachelor’s degree in business administration or a related discipline.
At least 5 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 in teams 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 documentation for CRE and SBA loans and ability to review loan documents for compliance with rules and regulations.
Excellent written and verbal communication skills, with ability to communicate effectively with internal and external personnel at all levels.
Ability to negotiate effectively and use diplomacy and tact as required.
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 performed by third-party vendors and follow up with borrowers to remedy 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, evaluating covenant compliance and financial and industry trends, and identifying problem credits.
Provide timely information to participants in loans participated to other institutions, as needed.
Review borrower requests, including assumptions, partial releases, collateral exchanges, modifications, and waivers, in accordance with established policies, procedures, and applicable loan documents; provide recommendations for Senior Management approval.
Assist in preparing loan portfolio reports, including PCRM (Problem Credit Report Memorandum), for audit and management, and maintain the 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 Loan Workout/Resolution plans, as approved under appropriate authority.
Coordinate with legal counsel or outside collection agencies, with management guidance, as needed to minimize LFCU liability.
Assist with the annual review, updating, and development of commercial lending policies and procedures, and adhere to 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.
Ensure loan file maintenance.
Prepare monthly, quarterly, semi-annual, and annual commercial portfolio reports for presentation to reporting committees, with assistance from the Manager.
Ensure that the Annual Shock test is performed on the loan portfolio.
Co-plan the annual performance review.
Assist in providing objective and sound judgment on employee matters, including coaching, counseling, and employee development.
Provide another level of employee engagement to foster continuous positive feedback and connect new hires with CATFISH values.
Serve as the department team leader.