SPECIAL ASSETS MANAGER
Jiǎng huáyǔ de yínháng jiā
GREATER LOS ANGELES AREA

POSITION OVERVIEW

The Mandarin speaking Special Assets Manager (SAM) oversees the management and resolution of the Bank’s criticized and classified loans, leases and assets. The Special Assets Manager will oversee the workout process for the assigned portfolio, including setting resolution strategies for specific accounts and providing guidance and management of the CAD RM’s having primary account responsibility. This position participates in, administers, and evaluates all available quantitative and qualitative analysis relating to problem loans. In addition, the Special Assets Manager determines appropriate specific reserves in accordance with FASB 114 analysis and assists the CCO in preparation of the ALLL. This position reviews and signs off on all CCRA’s, Risk Grade Changes within his/her authority and charge off requests and/or waivers within his/her authority. As an expert practitioner, the SAM is responsible for managing certain case-basis problem assets originated by the bank.

CORE RESPONSIBILITIES

• Partners with Commercial Banking, Wealth Mgt., Construction Loan and Consumer Banking leaders to work specific loan accounts for resolution and evaluate credit/loss risk.
• Evaluates, monitors, administers the CCRA process to ensure accuracy and completeness.
• Acts a chairman of the Bank’s Special Asset Committee and report findings to Senior Mgt.
• Participates in the Commercial Banking Group “Watch Committee” meetings.
• Administers the risk grade change approval process, process and report covenant waivers and default actions.
• Evaluates, participates in, and supports underwritten assets.
• Direct workouts of problem assets. Oversee and monitor the Delinquency Management Unit to regulate standards.
• Exercises managerial authority over assigned staff including affirmative action, performance reviews, training, employee development, etc; oversees assigned department budget process.

REQUISITE EXPERIENCE, EDUCATION, ABILITIES AND SKILLS

• Four-year degree in business, economics or a related field, with courses in finance/accounting and other analytics, OR any combination of education, experience, or training. MBA desirable.
• Ten to fifteen years banking or commercial finance experience, of which, five years in management positions; including five years experience successfully administering credit risk, including commercial credit work-outs in C&I and CRE transactions, and experience with appraisals and reviews.

Additional confidential information will only be sent to qualified Mandarin speaking candidates. Please email resumes to Glenn Woerz - gwoerz@osgglobal.com - 847-954-8028.