Sr Portfolio Mgr / Special Assets

SearchAmerica IncAlpharetta, GA, United States

30+ days ago

Job type

Full-time

Job description

This position is responsible for the daily administration of the loan portfolio. The essential functions include :

Maintenance and servicing of the portfolio
Ensuring compliance with SBA, USDA and Bank policies and procedures
10+ years' experience of USDA Servicing and liquidation
10+ years of special assets management
Provide mentoring and leadership for team members
Managing the collections process
Manage the renewal process of maturing loans in the portfolio
Perform annual reviews on all loans in the portfolio
Collect all financial documents and other documentation to ensure compliance with loan covenant and risk ratings.
Compile and distribute weekly, monthly, quarterly and annual loan management reports as prescribed

ESSENTIAL DUTIES AND RESPONSIBILITIES

Have a proficient knowledge of the SBA SOP 50-57, SBA 50 10 & USDA Regulations

Manage the SBA & USDA Guaranty Liquidation process

Manage the loan work-out process, including collateral liquidation

Assists manager with the training and mentoring of team members

Ability to assess each borrower's credit and ability to repay their loans though the annual review process and recommend a risk rating based on credit

Assists borrowers on servicing actions on their loans using applicable bank, SBA and USDA policies and procedures

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Portfolio Asset • Alpharetta, GA, United States