Portfolio Manager

2 weeks ago


Alpharetta, United States SearchAmerica Inc Full time
Job Summary

This position is responsible for the daily administration of the loan portfolio, ensuring compliance with SBA, USDA, and Bank policies and procedures. The ideal candidate will have 10+ years of experience in USDA servicing and liquidation, as well as special assets management.

Key Responsibilities
  • Maintenance and servicing of the portfolio
  • Ensuring compliance with SBA, USDA, and Bank policies and procedures
  • Providing mentoring and leadership for team members
  • Managing the collections process
  • Managing the renewal process of maturing loans in the portfolio
  • Performing annual reviews on all loans in the portfolio
  • Collecting all financial documents and other documentation to ensure compliance with loan covenant and risk ratings
  • Compiling and distributing weekly, monthly, quarterly, and annual loan management reports as prescribed
Requirements
  • Proficient knowledge of the SBA SOP 50-57, SBA 50 10, and USDA Regulations
  • Ability to assess each borrower's credit and ability to repay their loans through 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
Preferred Qualifications
  • 10+ years of experience in USDA servicing and liquidation
  • 10+ years of special assets management experience

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