Special Assets Portfolio Manager II

Citizens Business Bank•Ontario, CA

7d•Onsite

About The Position

Reviews and analyzes potential problem loans for possible resolution, including rehabilitation, prevention of non-accrual, charge-off, and foreclosure. Works closely with Legal, Appraisal, and Accounting Firms, as well as outside agents. Negotiates loan restructures to protect the Bank’s principal and interest, monitors ongoing loan performance, and maximizes recoveries while minimizing non-accruals and losses. Responsible for the collection, recovery, and management of past due and charged-off commercial credits. Ensures portfolio management maximizes returns and collections, while also helping customers be restored to active credit status. Properly evaluates accrual and non-accrual issues.

Requirements

Bachelor's degree (B. A.) from a four-year college or university; or a minimum of seven (7) years of related experience and/or training; or an equivalent combination of education and experience.
Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations.
Ability to write reports, business correspondence, and procedure manuals.
Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public.
Ability to work with mathematical concepts such as probability and statistical inference, and fundamentals of plane and solid geometry and trigonometry.
Ability to apply concepts such as fractions, percentages, ratios, and proportions to practical situations.
Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists.
Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form.
Knowledge of Outlook Internet software; Excel, Moody's Financial Analysis System Spreadsheet software and Word Processing software.
Strong analytical skills to solve less complex as well as more difficult problems with effective solutions.
Thorough working knowledge of analysis of corporate, small business, personal, financial statements and commercial/corporate structure is required.
Ability to negotiate skillfully in all situations, including situations with both internal and external groups.
Ability to work in a team environment and foster successful working relationships.
Ability to demonstrate diplomacy and tact when managing conflict resolution.
Sound decision-making skills based upon a mixture of both financial and economic analysis, wisdom, experience, and judgment.
Strong understanding of financial analysis, cash flow and personal tax loan analysis, loan structuring.

Nice To Haves

Prior knowledge and/or experience with SBA a plus.

Responsibilities

Manages all forms of credit relationships from less complex to most complex, including lease collections, mortgage portfolios, and complex problem commercial, commercial real estate, and construction loans.
Evaluates and provides written reports recommending strategies to rehabilitate or exit loans.
Maximizes recovery and reduces losses from portfolios.
Properly evaluates accrual and non-accrual issues.
Prepares and reviews reports on portfolio status, risk classification, action plans, performance tracking, and recommendations for charge-offs.
Ensures timely recognition and reporting of changes in loan quality and risk.
Manages workflow to allow for acceptable review of various types of R.E. and other asset appraisals.
Consults with other departments and bank management to resolve issues.
Lends support to other team members in the department.
Interfaces with branches and loan departments to detect loan problems early and recommend corrective action.
Uses discretion and refers to attorneys when special loan documents or confirmation of the Bank’s legal position is required.
Provides, presents, and promotes The Citizens Experience to all external and internal customers.
Complies with and stays abreast of all policies and procedures, federal and state laws applicable to the job.