VP Special Assets Apply to This Job

Company: ExecuNet
Location: San Antonio
Posted on: February 23, 2021

Job Description:

Remarks: Reports to the banks SVP Credit & Risk Management with primary responsibility to manage troubled assets within the bank, provide recommendations to restructure credits, and assess risk on complex commercial loans and to maximize performance and recoveries for the bank. The special assets officer will service a portfolio of problem commercial loans and evaluate new relationships where assigned. Supports credit liaising with state and federal regulatory agencies to ensure compliance and contributes to reduction in Troubled assets. Key deliverables will be to improve criticized assets, delinquencies, and exceptions.

Essential Duties and Responsibilities
1. Works closely with CEO and SVP Credit & Risk Management on workout strategies and the management and servicing of special assets; 2. Manages and services a portfolio of special assets; 3. Oversees the interpretation and application of regulatory guidance and law to ensure strong proper management of troubled assets 4. Underwrites complex credits for SBA and Government Guaranteed loans; 5. Responsible for executing CARS; conducts impairment analysis; and keeps management and the board apprised on the performance of special assets; 6. Maintains the bank's loan policy to ensure compliance and improve asset quality; recommends changes to Senior Management Committee regarding bank policy and products and procedures. 7. Provides subject matter expertise to credit analysts and other staff in lending, credit analysis, loan operations, and collections to ensure success for individuals and the bank; 8. Participates in loan reviews, examinations, and or other audits as necessary; 9. Prepares, presents and interprets credit analysis and reporting for problem loans and other assigned relationships to senior management, shareholders and regulatory agencies; 10. Negotiates workouts, forbearance agreements, restructures, settlements or pursuit of litigation to minimize risk to the bank 11. Manage ORE or other reposses property to minimize loss to the bank; coordinate SBA on loan guarantees.--

Education and/or Experience --- Bachelors Degree in Business, Finance or Accounting; MBA or other Graduate Degree preferred; --- 10 years demonstrated credit experience with proven leadership and team development skills.

Key Competencies --- Broad-based experience in banking --- Experience managing complex commercial banking relationships. --- Results oriented. --- Exceptional interpersonal and negotiating skills (both internal and external). --- Exceptional time management and organizational skills. --- Experience building and executing marketing plans. --- Strategic planning experience. --- Experience developing and executing departmental budgets. --- Development and implementation of training programs for employees. --- Analytical ability to understand financial and cash flow analysis. --- Working knowledge of commercial real estate and C & I lending practices. --- Thorough working knowledge with loan documentation requirements and government regulations for consumer, commercial and real estate loans. --- Outstanding interpersonal and communication skills. --- Proven ability to effectively present information and respond to questions from groups of the board, managers, and clients. --- Strong leadership skills to advise, coach and mentor lenders and staff. --- PC experience to include Microsoft Windows (Word and Excel) and analysis software products. --- Strong community leadership experience.

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