Oversees the Credit Union's high-risk commercial loan portfolio and directly manages Special Assets Portfolio Managers, with responsibility for the most complex special asset relationships, including loan modifications, forbearances, restructurings, workouts, settlements, foreclosures, bankruptcy-related matters, litigation, and acquired property dispositions. Under the direction of the VP, Portfolio Management, the Manager applies senior-level judgment to determine and execute appropriate resolution strategies for adversely rated credits and other challenged loan relationships. Coordinates the transfer of loans into Special Assets, including review of prior underwriting, loan documentation, collateral exceptions, financial performance, and servicing history. Oversees portfolio monitoring, including annual reviews, covenant compliance testing, risk rating assessments, borrower performance evaluations, Criticized Asset Reports, nonaccrual assets, acquired property management, collateral disposition, reserve recommendations, and special asset metrics. Partners with lending staff and internal business partners to monitor delinquent and non-performing loans, conduct borrower outreach, and implement timely action plans. Identifies trends, emerging credit concerns, adverse events, and time-sensitive matters requiring escalation, strategic action, or senior management involvement to improve asset quality, mitigate risk, and enhance portfolio performance.
Bachelor's degree in Business Administration, Accounting, Finance, Economics, or equivalent education and/or experience. A minimum of ten (10) years of commercial credit, loan review, special assets, workout, restructuring, or commercial banking examination experience, or a comparable combination of portfolio management, underwriting, and loan administration experience. Working knowledge and experience managing criticized and classified assets and complex workout situations, including collaboration with legal counsel on enforcement actions, bankruptcies, foreclosures, and other legal remedies. Prior supervisory, leadership, mentoring, or team-leading experience with responsibility for coaching and developing commercial credit professionals is preferred. Current knowledge of federal, state, SBA, and NCUA regulations related to commercial lending, along with strong knowledge of C&I, CRE, and SBA credit structures, loan documentation, covenant analysis, and risk rating methodologies. Formal credit training or equivalent experience is preferred. Proficiency in Microsoft Office applications, including Excel and financial analysis tools, is required.
Demonstrated ability to exercise sound judgment in complex commercial lending situations. Strong analytical, negotiation, decision-making, oral, and written communication skills. Detail-oriented with the ability to assess credit risk, financial information, collateral, and legal documentation accurately. Effective leadership style that promotes accountability, collaboration, and professional growth. Strong problem-solving skills with the ability to develop practical, risk-based solutions.
Security Service Federal Credit Union is an industry leader who has built a reputation of innovation, strength, and stability. We pride ourselves on discovering and developing employees who have exceptional character and a genuine passion for helping others. In return, we deliver a comprehensive total rewards package that supports the financial, physical, and emotional wellbeing of our employees.
All employees should demonstrate our SSFCU core values -- Caring, Innovative, Honest, Fair and Dedicated -- while providing enthusiastic, professional, and courteous service to SSFCU members and employees.
SSFCU offers a comprehensive total rewards package. Benefit options include medical, dental and vision insurance; health savings and flexible spending accounts; company paid employee life insurance; supplemental life insurance plans; supplemental insurance plans for hospital and critical accident; short term disability; company paid long term disability; paid sick and safe leave, paid vacation, 401K match with immediate vesting, tuition reimbursement, employee tenure and award programs, access to an on-site fitness center or gym membership reimbursement program. Employees can participate in our award-winning Total Wellbeing program focusing on physical, financial and emotional wellbeing. We invest in our communities through our Volunteer Corps and in you, through ongoing growth and development opportunities.
We are an EEO Employer that provides equal employment opportunities to all qualified applicants without regard to race, sex, sexual orientation, gender identity, national origin, color, age, religion, protected veteran or disability status, or genetic information.
Security Service Federal Credit Union is among the top credit unions in the nation with a reputation for strength, stability, and convenience. It offers the true benefits of credit union membership with financial services of the highest quality and value, and locations in Texas, Colorado, and Utah.
Security Service takes pride in discovering and developing employees who have exceptional character and a passion for helping others. In return, we deliver a comprehensive benefits package that supports the financial, physical, and emotional well-being of our employees.
Our internal measures of success extend to corporate responsibility, volunteerism, and participation in the communities we serve. Each year, the Security Service Volunteer Corps donate thousands of hours of service to local non-profit organizations. When you become a team member at Security Service you also join a community dedicated to giving back.
