Special Assets Portfolio Manager

American AgCredit • Santa Rosa, CA

4d • $71,139 - $123,959 • Hybrid

About The Position

The Special Assets Portfolio Manager completes financial analysis and due diligence to develop credit packages and service troubled loans. The role assists the Credit Resolution Relationship Manager in collecting information, analyzing credit and restructuring requests from start to finish, and serving as a secondary point of contact for resolving distressed credits. The position recommends loan and restructuring requests under the Association’s underwriting standards and analyzes servicing actions for existing customers, including restructures, extensions, forbearances, releases, assumptions, conversions, and charge-offs. The manager underwrites an assigned portfolio and new accounts transferred to the Credit Resolution Group, and approves or denies credit actions using delegated authority or recommends actions to a higher approval level.

The position is responsible for credits in the Commercial channel, mentors the National Guard, and delivers specialized technical training and guidance to Association staff. It provides leadership to staff across multiple Association locations while working with Credit Resolution Group leadership. The role generally exercises little supervision, makes independent decisions, and works under the general supervision of the Head of Commercial Underwriting or designee.

The position is described as part-time remote/hybrid: employees work partly remotely and partly onsite, coordinating with managers on onsite schedules. Work occurs during established business hours, with weekend and/or evening work, and some travel is required.

Requirements

• Bachelor of Arts or Bachelor of Science degree emphasizing agribusiness, business administration, or equivalent.
• Five or more years of progressively responsible banking or related agricultural lending experience.
• Understanding of agricultural lending principles and practices and Association and Farm Credit System operating policies and procedures.
• Knowledge of FCA regulations and Association and district policies and procedures.
• Ability to organize and prioritize work to meet deadlines.
• Strong written and verbal communication skills.
• Strong persuasive and interpersonal skills.
• Proficiency with a PC, including Microsoft Word, Outlook email, and electronic spreadsheet software.
• Desire and ability to travel as needed.
• Ability to perform basic office tasks in a typical office setting, including extended periods sitting at a desk and working at a computer.
• Ability to communicate ideas effectively and work well with a team.
• Ability to talk and hear, sit, use hands and fingers, and reach in all directions.
• Ability to lift and move items weighing up to 25 pounds.

Responsibilities

• Assist the Relationship Manager in gathering information needed for credit decisions.
• Develop credit packages and loan servicing actions.
• Review and analyze credit information, identifying when further investigation or additional information is needed.
• Request appraisals and field reports; obtain third-party verifications and credit reports; and request lien searches as necessary.
• Complete loan analysis, including financial statements, cash flows, loan analysis forms, trend sheets, narratives, facts, opinions about creditworthiness, risks and mitigants, and other required forms.
• Formulate projections using historical financial data, current budgets, and other information.
• Enter required financial information and data into financial analysis, loan origination, and other loan processing systems.
• Make approval recommendations on loan actions under Association underwriting standards and regulatory requirements; participate in loan committee meetings as required.
• Evaluate loan requests using analytical and statistical skills and provide an independent opinion of applicant creditworthiness aligned with the organization’s credit philosophy and risk appetite.
• Monitor the assigned portfolio for customer servicing needs and compliance with loan terms and conditions.
• Assist with quarterly High Attention Credit Reports and other Credit Resolution Group reports used to monitor the portfolio.
• Determine and review legal documentation and coordinate with credit and approval departments, attorneys, and title companies on loan closings as needed.
• Support development of training for Association staff on distressed loan management processes.
• Assist branch staff with discussions about restructuring and liquidation issues.
• Contribute to special projects requiring Credit Resolution employee support and perform other assigned duties.
• Manage credits within the Commercial channel.
• Provide mentorship for the National Guard.
• Deliver specialized technical training and guidance to Association staff and provide leadership to staff at multiple locations in coordination with Credit Resolution Group leadership.

Benefits

• Medical, dental, and vision coverage.
• 401(k) with an automatic 3% employer contribution and matching up to 6%.
• Paid time off, including vacation accrued at 21 days annually, sick days accrued at 15 days annually, 12 paid holidays, and 16 hours of volunteer time.
• Competitive incentive compensation plan.
• Disability and life insurance.
• Employee mental, physical, and financial wellness programs.
• Bonus eligibility based on Association and personal performance.
• Family-friendly work environment.
• Investment in employee development.

What This Job Offers

• Job Type: Part-time
• Career Level: Mid Level