What are the responsibilities and job description for the Sr Portfolio Mgr / Special Assets position at Search America?
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