What are the responsibilities and job description for the Senior Asset Portfolio Manager position at National Cooperative Business Association?
The position of Senior Asset Portfolio Manager exists to oversee all assigned loans and relationships exhibiting a higher risk profile and/or defaulted loans. The goal is to take necessary action(s) to bring loans into compliance, restructure and modify as needed, and collect in order to protect bank assets and those serviced for investors.
The ideal candidate must have a demonstrated ability to interpret and restructure complex credits with minimal guidance or oversight. This subject matter expert will possess knowledge across a broad range of credit topics including financial statements, cash flow analysis, legal concepts pertaining to workouts, collateral analysis, and pursuing legal remedies.
Key qualifications include:
- Bachelor's degree in a related field
- MBA or advanced degree preferred
- OR in lieu of a degree, minimum of 10 years relevant work experience within Banking - Special Assets, CMBS Special Servicing or Fannie Mae Loss Mitigation
- CMBS or Fannie Mae defaulted loan servicing preferred
- Minimum of two years proven managerial and/or leadership experience
Familiarity with banking credit principles and industry product offerings is also essential.
