Special Assets Portfolio Manager

EagleBank•Bethesda, MD

About The Position

EagleBank is a values-driven organization focused on being Flexible, Involved, Responsive, Strong, and Trusted. We prioritize meaningful connections with our customers, employees, and shareholders, delivering compelling and valuable service. We are committed to inclusion, equity, and respect, celebrating diversity and learning from one another's experiences. We believe employees are essential to building relationships and invest in their growth and well-being through resource groups, mentorship programs, community service, and scholarship opportunities. We support our internal relationships with benefits including maternity and parental leaves, wellness discounts, healthcare premium sharing, employer funding in HSA accounts, and 100% 401(k) matching up to 4%.

Requirements

Bachelor’s Degree in Arts/Sciences (BA/BS) in Business, Finance or related field
Formal or in-house credit training
3 years commercial credit or analysis
3 years experience in portfolio management and commercial underwriting including structuring and pricing loan transactions
Must be proficient in evaluating commercial credit risk
Acute understanding of the components of commercial loan documents
Must be able to work autonomously with minimal oversight
Bank Loan Documentation and Management Systems
Proficient understanding of all aspects of commercial loan documents
Proficient in evaluating commercial credit risk
Excellent writing skills
Strong communications skills
Strong credit/underwriting knowledge
Intermediate skill level MS Office products

Nice To Haves

Master’s degree in Arts/Sciences (MA/MS) or MBA

Responsibilities

Manages portfolio assets, underwrites loans and works with existing clients in support of one or more Workout Liquidation Officers.
Facilitates existing credit underwriting for modifications and extensions.
Works with Workout team to clear past dues, clear exceptions, review loan advances or pay downs and review borrowing bases.
Assists workout officers with workouts and liquidations.
Underwrites all credit modifications and extensions on workout deals; prepare LMM’s for workout officers.
Orders Credit Requests as needed (analysis, spreads, credit reports from Credit).
Ensures loan collateral is perfected.
Works with Workout Liquidation Officer, Loan Servicing and other Bank departments as needed to monitor and maintain portfolio performance.
Maintains timeliness and accuracy of credit underwriting and documentation, including systems’ maintenance.
Renews all credit facilities in the assigned portfolio.
Contacts borrower, spreads financials, writes approval memo, and puts together approval package.
Creates default, acceleration, demand and set-off letters.
Collects information, prepares term sheet, and may work with the Credit Group in underwriting the transaction if unable to complete in SAG.
Coordinates with third parties (appraisers, attorneys, title companies) as needed.
Works with team on past dues, exceptions, overdrafts, reviewing and signing off on advances and borrowing bases; creates, reviews and approves loan payoffs in coordination with workout officers.
Prepares Quarterly MCRC Reports.
Participates on phone calls with existing clients.
Works closely with Portfolio Administrator in support of workout officer.