Hicksville, NY, United States - Corporate/Back-Office - Posted Mar 25, 2020
Requisition Number: 2000005M
A Senior Asset Manager, works under minimal supervision and is responsible for managing and monitoring a portfolio of complex loans of various types including; performing loans which are considered *High Profile* - $50 million or greater, participation loans, monitoring loans that display credit weakness and other complex loan credit issues requiring special attention. The Senior Asset Manager will be responsible for investigating why performing real estate loans are not achieving the expected debt service coverage ratio.
Reviews and completes the more complex individual CRE scorecards based on financial analyses completed by the I&E Dept. Actively monitors the financial performance of the most complex/high risk loans within the Credit Management portfolio inclusive of loans over $50MM, designated *High Profile* loans, Watch List loans, and criticized and classified loans. Performs enhanced analysis and monitoring of loans whose DSCR is less than 1.0x as determined by the most recent financial analysis performed by the I&E Dept. Performs Semi-annual reviews of assigned Pass 6W loans monitoring performance and grading the loan appropriately. Develops Top Twenty Borrower Relationship Reports (*T-20*) on an annual basis in addition to developing and maintaining relationships with the large borrowers and the assigned Loan Officer. Reviews and interprets cash flow and operating financial statements of the borrower and/or the guarantor(s) and monitor the financial performance of loans assigned. Reviews and executes SNDA's, Transfers of Interest, Collateral and Guaranty Releases. Interacts with borrowers, agents, and attorneys on an on-going basis and keep account officers within the bank informed about borrower/loan performance and issues at hand. Interacts with ILR, Originations and I&E on any issues deemed to be a credit risk function. Mentors, trains and assists less experienced staff. Additional functions may include: Performing HPD Reviews. Serves as a liaison for Banks loan participations and SNC's. Acts as Banks Community Outreach Officer with responsibility for engaging the community as part of the bank's overall Community Reinvestment Act Plan. Meets with representatives from the (*ANHD*) on a semi-annual basis. Holds information and engagements sessions, as needed, with tenant organizers and tenant leaders to identify problem landlords and practices. Prepares loan reviews on Media and/or Community Group adverse notifications. Prepares quarterly Speculation Watch List monitoring reports. Performs special projects, and additional duties and responsibilities as required. Where applicable and when performing the responsibilities of the job, employees are accountable to maintain Sarbanes-Oxley compliance and adhere to internal control policies and procedures.
EDUCATION AND EXPERIENCE
Bachelor's degree or Master's degree in Business Administration, Finance or Accounting. Minimum of Seven years of lending and workout experience in C&I, MF, and CRE. Formal credit training.
KNOWLEDGE, SKILLS AND ABILITIES
Comprehensive knowledge of loan asset management. Comprehensive knowledge of regulatory laws and regulations related C&I MF & CRE lending. Strong negotiation skills. Strong analytical and problem solving skills. Detail oriented with excellent organizational and project management skills. Excellent interpersonal, written and verbal communication skills. Computer literate with intermediate proficiency in internet navigation, word processing and spreadsheet applications. Ability to travel occasionally, as needed. Ability to multitask. Ability to lead and mentor less experienced staff.
ABOUT NEW YORK COMMUNITY BANK.
Based in Westbury, NY, New York Community Bancorp, Inc. is the parent of a New York State-chartered bank - New York Community Bank. At September 30, 2019, the Company had assets of $52.5 billion, deposits of $31.6 billion, and stockholders' equity of $6.7 billion.
Our bank subsidiary features a divisional structure. New York Community Bank serves customers through 239 branches encompassing eight divisions: Queens County Savings Bank, Roslyn Savings Bank, Richmond County Savings Bank, Roosevelt Savings Bank, and Atlantic Bank in New York; Garden State Community Bank in New Jersey; Ohio Savings Bank in Ohio; and AmTrust Bank in Florida and Arizona. With a longstanding reputation of strength, stability and service, NYCB is proud to be committed to the communities it serves.
Branch Out and help recruit top talent for NYCB through the employee referral program. All NYCB employees are encouraged to submit referrals. Locate top talent right in the community where you live, work and play. Amazing individuals are all around be sure to let them know how they can become a part of the NYCB family.
NYCB is an equal opportunity employer that prohibits discrimination in hiring or terms and conditions of employment on the basis of race, color, age, sex, national origin, ethnicity, religion, marital status, disability, military status, veteran status, domestic violence victim status, gender identity or expression, sexual orientation, genetic information or any other classification protected by the federal, state, and local laws and ordinances.
This policy is applicable to all terms and conditions of employment including, but not limited to: recruitment and selection, promotion and demotion, transfer, training and development, compensation, benefits, leaves of absence and termination. When necessary, NYCB will reasonably accommodate employees and applicants with disabilities or with religious requirements necessitating accommodation.
In addition, NYCB complies with all applicable laws which govern nondiscrimination in employment in every location in which NYCB does business.