Asset Quality Review Supervisor

1 week ago


Raleigh, North Carolina, United States First Foundation Bank Full time
Job Summary

This position is responsible for assisting the Asset Quality Review Manager in overseeing the daily activities of the AQR analysts, performing complex asset quality review reviews and analyses for Multifamily and Non-Owner Occupied Commercial Real Estate portfolios and Top 25 borrowers' analyses. The successful candidate will serve as a point of contact/mentor for team members and assist in training staff as necessary. Additionally, the Asset Quality Review Supervisor will assist the AQR Manager in carrying out required monitoring of the investor portfolio.

Key Responsibilities
  • Assist the AQR Manager in the supervision of the AQR Analysts' daily activities.
  • Assist in the periodic collection and filing of operating statements, lease summaries, and sponsor financial information of the existing Commercial Real Estate Portfolio (including Multifamily).
  • Analyze various types of financial information (e.g. financial statements, tax returns, etc.) provided by borrowers and use this information to complete AQR loan reviews and present results of the analysis to the Asset Quality Review Manager.
  • Assist AQR Manager in the development and enhancement of processes that ensure the proactive management and continuous coverage of the CRE portfolio, including construction and land loans, and large borrowers.
  • Understand and can conclude appropriate risk-rating grades of credits within the Bank's Credit Policy.
  • Perform and document property inspections on real property held as collateral on seasoned loans within the Commercial Real Estate portfolio.
  • Assist in the preparation of asset quality review reports to management, the Board of Directors, and/or regulatory agencies.
Requirements
  • Minimum of 10-15 years of previous experience as a bank credit analyst or related bank credit experience preferred.
  • Multifamily and Commercial Real Estate loan analysis experience required.
  • Strong understanding of lending applicable regulations and loan structure required.
Preferred Skills
  • PC proficiency in Microsoft Word and Excel.
  • Highly organized and flexible.
  • Excellent verbal/written communication skills with the ability to effectively communicate with all levels of personnel.
  • Ability to work under pressure and within prescribed deadlines.
  • Strong knowledge of business English, spelling, and punctuation.


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