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Whitaker Bank, Inc. · 4 months ago

SPECIAL ASSETS PORTFOLIO MANAGER

Lexington, KY, US

Full-time

Onsite

Entry, Mid Level

2+ years exp

Whitaker Bank, Inc. is seeking a Special Assets Portfolio Manager to provide loan workout and collection activities across all business lending lines. The primary role focuses on loss mitigation through active credit collection and managing the Bank’s Other Real Estate Owned properties while ensuring compliance with banking regulations.

Banking

Responsibilities

Responsible for active management of criticized, classified or delinquent credits

Capable of applying credit officer, asset management and risk management principals

Manage portfolio of collateralized assets

Evaluate financial information, collateral, legal documents and available information to project probable exposure to loss and recommended workout strategy

Often serve as primary contact with in-house and outside counsel in workout and collection case management. Experience and knowledge around legal documents, loan covenants and loan agreements

Calls on delinquent loan customers to get payments or set up an updated payment plan

Provide reporting on Special Assets portfolio

Assists in management of the Bank’s Other Real Estate Loan Portfolio of properties

Composes, prepares and issues correspondence such as internal memorandums and letters to customers or contractors

Provides effective customer service and assists in resolving problems within given authority

Treats people with respect; keeps commitments; inspires the trust of others; works ethically and with integrity; upholds organizational values; accepts responsibility for own actions. Works collaboratively with Bank leadership and team

Demonstrates knowledge of and adherence to EEO policy; shows respect and sensitivity for cultural differences; educates others on the value of diversity; promotes working environment free of harassment of any type; builds a diverse workforce and supports affirmative action

Follows policies and procedures; completes administrative tasks correctly and on time; supports the Bank’s goals and values; benefits the bank through outside activities

Performs the position safely, without endangering the health or safety to themselves or others, and will be expected to report potentially unsafe conditions. The employee shall comply with occupational safety and health standards and all rules, regulations and orders issued pursuant to the OSHA Act of 1970, which are applicable to one’s own actions and conduct

Qualification

Commercial lending experienceWorkout strategy knowledgeBanking compliance knowledgeComputer operation skillsEffective communication skillsOrganizational skillsTime management skillsProblem-solving skills

Required

Minimum 2 years commercial lending or commercial workout experience

Associate's degree (AA) or equivalent from a 4-Year college or technical school; or 5 years of related experience and/or training; or the equivalent combination of education and experience

Knowledge of related state and federal banking compliance regulations, and other Bank operational policies

Intermediate skills in computer terminal and personal computer operation; mainframe computer system; and word processing, spreadsheet and graphical software programs

Effective verbal, written and interpersonal communication skills with the ability to apply common sense to carry out instructions, interpret documents, understand procedures, write reports and correspondence, and speak clearly to customers and employees

Ability to deal with difficult problems involving multiple facets and variables in non-standardized situations

Effective organizational and time management skills

Ability to work with minimal supervision while performing duties

Current driver's license and a vehicle with appropriate insurance coverage if required to drive in the course of performing assigned duties and responsibilities