Manager Business Credit Administration-Hybrid

The Manager Business Credit Administration ensures the monitoring, maintenance, analysis, and servicing of the CRE and SBA loan portfolio along with the operations of loan participations, encompassing all loan types from conventional to SBA. Responsible for restructuring problem or non-performing loans to ensure asset recovery and minimize loan loss.

Oversees financial analysis and annual reviews of assigned existing loan relationships and participation loans; ensures that the loans are graded properly according to the Credit Union's loan grading policy.
• Reviews and approves Watch List report.
• Review new loans to ensure that all loan closing requirements are met prior to the funding.
• Secures collateral, equity or assets of the borrower to preserve the loan principal, gathers interest and prevents or limits losses.
• Oversees timely follow-up on past due payments and maturing loans.
• Oversees the accurate preparation of loan portfolio reports such as PCRM (Problem Loan Report Monitoring) for audit and management; ensures the audit-soundness of loan portfolio is maintained.
• Ensures site inspections and interviews are conducted, and coordinates with legal counsel or outside collection agencies as needed.
• Interacts with borrowers to collect information and monitor the borrower's ability to repay the loan as structured.
• Effectuates the workout of adversely graded loans through the restructuring of debt, negotiation of settlement agreements, and pursuit of appropriate legal action and/or the liquidation of collateral based on the approval of Sr. Loan Committee.
• Ensures that commercial REO is appropriately managed, marketed and liquidated.
• Coordinates with Finance Department Loan Loss Reserve (LLR) requirements and identification of Trouble Debt Restructure (TDR).
• Ensures information is provided on a timely basis to participants for loans that have been participated to other institutions.
• Acts as liaison and works closely with the United States Small Business Administration.
• Ensures the timely submission of packages to the SBA for repurchase of their guaranty and ensures complete compliance with SBA guidelines.
• Reviews 1502 Colson Reports, ensuring accuracy.
• Ensures that Annual Shock test is performed on the loan portfolio.
• Coordinates portfolio related reports with Business Intelligence Department and ensures accuracy of those reports
• Responds to escalated customer inquiries regarding servicing and payment issues.
• Periodically presents to both Loan Quality Committee and SLC risk of portfolio and provide updates on industry market data.
• Reviews and approves Credit Memorandums for refinance of existing loans and finance of new loans for borrowers with existing relationships.
• Acts as liaison with external auditors; responsible for resolving exception items.
• Responsible for ensuring file maintenance, UCC file, UCC termination, and loan maintenance.
• Develops lending policies and procedures to ensure loan quality and avoid unnecessary risks.
• Evaluates and recommends vendors, investors, appraisers, title companies, and attorneys to maintain the quality and quantity of member services.
• Controls operating expenses to stay within the department's operating budget.

• Minimum Years of Experience: 5
• Preferred Years of Experience: 7
• Comments:
• 5 to 7 years of experience in commercial lending.
• A minimum of 2-3 years relevant management experience.