Special Assets Portfolio Manager

American AgCredit • Santa Rosa, CA

1d • Hybrid

About The Position

The Special Assets Portfolio Manager completes financial analysis and due diligence to develop credit packages and service troubled credit. The role assists the Credit Resolution Relationship Manager in gathering information, evaluating credit and restructuring requests from start to finish, and serving as a secondary point of contact for resolving distressed credits. It 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 position underwrites a designated loan portfolio and new accounts transferred to the Credit Resolution Group (CRG), and approves or denies credit actions under delegated authority or recommends them to a higher approval level. The role also covers credits in the Commercial channel, provides mentorship for the National Guard, delivers specialized technical training and guidance to Association staff, and provides leadership to staff at multiple locations in coordination with CRG Leadership. It generally exercises little supervision, makes independent decisions, and works under the general supervision of the Head of Commercial Underwriting or designee.

The position requires work in a typical office setting during established business hours, with some weekend and/or evening work and some travel. Part-time remote employees work partly remotely and partly onsite, coordinating onsite needs with their managers. The advertised salary range is $71,138.70–$123,959.18 annually, adjusted for geographic location; the position is bonus eligible based on association and personal performance.

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.
• Willingness and ability to travel as needed.
• Ability to perform basic office tasks in a typical office setting and work at a desk and computer for extended periods.
• Ability to communicate ideas and work effectively 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.
• Ability to work during established business hours and work weekends and/or evenings.

Responsibilities

• Assist the Relationship Manager in gathering information needed to make appropriate credit decisions.
• Develop credit packages and loan servicing actions.
• Review and analyze credit information, determining whether more 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 analyses, including financial statements, cash flows, loan analysis forms, trend sheets, narratives, facts, and opinions on creditworthiness, risks, and mitigants.
• 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 in accordance with Association underwriting standards and regulatory requirements.
• Participate in loan committee meetings as required.
• Evaluate loan requests and independently assess applicant creditworthiness in alignment 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 in preparing quarterly High Attention Credit Reports and other CRG reports to monitor the portfolio.
• Determine and review legal documentation.
• 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 Group support and perform other assigned duties.
• Underwrite designated portfolio credits and new accounts transferred to CRG; approve or deny credit actions within delegated authority or recommend actions to higher authority.
• Handle credits within the Commercial channel.
• Provide mentorship for the National Guard and deliver specialized technical training and guidance to Association staff.
• Provide leadership to staff at multiple Association locations while working closely with CRG 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: Full-time
• Career Level: Senior