VP/Portfolio Manager - Special Assets

First Northern Bank of Dixon•Sacramento, CA

13d•$150,000 - $160,000

About The Position

The VP/Portfolio Manager is responsible for the ongoing monitoring and risk assessment (i.e. financial analysis, collateral analysis, impairment analysis, risk assessment) of an assigned portfolio of credits that may include commercial Real Estate, Agribusiness, C&I Business Loans, Consumer Loans and Shared National Credits. In addition to directly managing an assigned portfolio, the Portfolio Manager will assist in the preparation of department reporting which will include, but is not limited to, loan asset quality reports, portfolio reviews and impairment analysis.

Requirements

High school diploma or GED required
Minimum of 10 years experience in commercial banking/special assets with knowledge of both commercial and consumer lending, collection guidelines and compliance requirements required
Accuracy and Thoroughness Strong attention to detail
Analytical Skills Strong problem-solving and critical thinking skills
Communication Strong verbal and written communication skills
Innovation An original thinker who brings creativity to dealing with work problems and opportunities, meeting challenges with resourcefulness
Judgment and Discretion Ability to exercise independent judgment in decision making
Initiative Strive to continuously build knowledge and skills and share expertise with others
Problem-solving Skills Ability to critically think and define problems, collect data, establish facts and draw conclusions
Compliance consistently adhere to Bank policies and regulations, reinforce training to ensure that Bank employees are aware of UDAAP and do not harm consumers with any act that could be misleading, unfair, deceptive, or abusive in act or practice

Nice To Haves

Bachelors degree in finance, accounting or comparable field of study preferred
Experience with Abrigo or similar LOS preferred
Advanced skills utilizing Microsoft Excel with experience in Outlook, Word, Visio and PowerPoint preferred

Responsibilities

Manage a portfolio (collect, analyze, spread, underwrite, review documentation, etc.) of assigned loans to minimize delinquency and charge-offs
Manage a portfolio of Shared National Credits; provide ongoing monitoring as well as recommendations that align with Bank strategy
Make recommendations to improve likelihood of repayment and minimize risk of loss to the Bank
Monitor adherence to the terms of approved repayment agreements
Assist in the disposal of repossessed assets in an efficient and timely manner
Ensure the risk rating, accrual status and loan loss provisions of the assigned portfolio accurately reflect the risk of those assets; ensure that charge-offs are recommended on a timely basis
Assist with bankruptcy and foreclosure processes as necessary
Communicate and attend meetings with Senior Leadership and Loan Officers as required
Provide quality and timely reporting, or responses to inquiries, as required
Maintain current knowledge of all laws, regulations, and rulings concerning insolvency, bankruptcy, etc.
Complete all mandatory training in a timely manner as instructed
Comply with all applicable banking compliance rules and regulations established by both internal departments and external agencies