Senior Credit Officer, Special Assets

4 days ago


Reston, Virginia, United States Sandy Spring Bancorp Full time
About Us

Sandy Spring Bank is a leading financial institution in the Greater Washington region, with a rich history of enriching the lives of its clients and communities for over 150 years. We are a growing organization that values opportunity and growth, and we are seeking a talented individual to join our team as a Senior Credit Officer, Special Assets.

About the Job

This role is responsible for managing the Special Assets personnel and credit approval, administration, and review activities. The successful candidate will have a strong background in commercial real estate credit analysis and a proven track record of minimizing credit losses. They will work closely with Relationship Managers and Market Leaders to develop and implement sound account workout policies and procedures.

Key Responsibilities
  • Manage a team of loan workout officers and staff personnel, providing guidance and coaching to ensure loan presentations meet high standards of quality.
  • Chair monthly and quarterly watch list meetings with senior management to review past due loans and special assets loans.
  • Prepare and present reports to executive management, including projections for the monthly CRC Trend meetings.
  • Manage a loan portfolio consisting of large, complex commercial real estate and/or specialized substandard or criticized credits.
  • Develop and implement bank credit policy, procedures, and work standards for Special Assets.
Requirements
  • Bachelor's degree in a related field.
  • 10+ years of commercial real estate and acquisition development and construction loan workout experience.
  • 5+ years of experience in a senior leadership role.
  • Proven interpersonal skills with a strong focus on influencing and facilitating cooperation among staff and departments.
Working Conditions

This role requires reasonable mobility in and around the work area, with the ability to use standard computer and phone systems. Normal office environment with minimal discomfort due to temperature, dust, noise, or other disagreeable elements.



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