Position SummaryThis position manages problem credits and collateral. This position participates in the management of the bank's risk and provides reports and analyses evaluating the bank's risk. Participates in planning sessions to determine future strategic initiatives as they relate to risk management.
Primary Duties and Responsibilities - Monitor and manage the past due loans.
- Manage loan workouts in support of the lending officers.
- Monitor and manage the Watch List, Classified Assets, and Other Assets and Real Estate.
- Conduct periodic reviews and prepares risk assessments and action plans
- Analyze borrower financial statements, tax returns, cash flow projection, borrowing base reports, appraisals, and collateral documentation.
- Identify emerging risks and recommend appropriate risk ratings and impairment analyses.
- Negotiate loan modifications, forbearance agreements, restructuring agreements, and settlement agreements.
- Recommend updates to the Asset Classification and Collections policy to keep it current in a growth environment.
- Maintain the required level of knowledge and procedural expertise of policies, guidelines, and programs to assist lending and bank management with technical issues.
- Effectively communicate information between loan officers, lending assistants, and management to inform of changes in the portfolio and ensure efficient operations processes.
- Understands and agrees to abide by the policies and procedures established by Susser Bank.
- Performs duties in compliance with applicable laws and regulations.
- Maintains the security and confidentiality of pertinent information and records.
- Maintains current and up-to-date knowledge and continues professional development through training as applicable.
- Demonstrates a courteous, pleasant, self-motivated, and dependable behavior. Maintaining a professional environment in both appearance and conduct.
- Performs additional duties as assigned or directed.
Education and Experience Required- Bachelor's degree or equivalent education and experience.
- Course of study in Business, Finance, or Accounting is strongly preferred.
- Minimum 7-10 years of commercial lending, credit administration, loan workout, restructuring, or special assets experience.
- Demonstrated experience with commercial real estate, C&I, SBA, asset-based lending, and owner-occupied real estate credits.
- Strong understanding of collateral liquidation, bankruptcy proceedings, foreclosure remedies, and loan documentation.
Skills and Abilities Required- Job Knowledge/Technical Knowledge: Finance, Accounting, Computer (Microsoft Excel and PowerPoint, financial software), Printer, Copier, Scanner.
- Must have a strong attention to details, be organized and accurate and be able to exercise good judgment.
- Strong verbal and written communication skills with the ability to communicate on all levels.
