Eagle Bancorp, Inc.
Special Assets Portfolio Manager
Eagle Bancorp, Inc., Baltimore, Maryland, United States,
Overview
We are a values driven organization putting
Relationships FIRST . EagleBank (NASDAQ - EGBN) is focused on being
Flexible, Involved, Responsive, Strong , and
Trusted . By prioritizing meaningful connections with our customers, employees, and shareholders, we relentlessly deliver the most compelling, valuable service to our customers.EagleBank is committed to inclusion, equity, and respect. We celebrate diversity and intentionally seek out opportunities to learn from one another’s experience. We believe employees are essential to the building of relationships and we prioritize investing in employee growth and wellbeing. Employee involvement is fostered through resource groups, mentorship programs, community service, and scholarship opportunities for continued education. With features including maternity and parental leaves, wellness discounts, healthcare premium sharing, employer funding in your HSA account, and 100% 401(k) matching up to 4%, we pride ourselves in the ways we support our internal relationships.We understand the need to be creative and flexible when it comes to telecommuting and other alternative work arrangements. This position is eligible for our hybrid remote work and will work in the Rockville, MD office four days per week.Responsibilities
Under limited supervision, the
Special Assets Portfolio Manager
manages portfolio assets, underwrites loans and works with existing clients in support of one or more Workout Liquidation Officers. Facilitates existing credit underwriting for modifications and extensions. Works with Workout team to clear past dues, clear exceptions, review loan advances or pay downs and review borrowing bases.Qualifications
Major Duties and Responsibilities:Assists workout officers with workouts and liquidations.Underwrites all credit modifications and extensions on workout deals; prepares LMM’s for workout officers.Orders Credit Requests as needed (analysis, spreads, credit reports from Credit).Ensures loan collateral is perfected.Works with Workout Liquidation Officer, Loan Servicing and other Bank departments as needed to monitor and maintain portfolio performance.Maintains timeliness and accuracy of credit underwriting and documentation, including systems’ maintenance.Renews all credit facilities in the assigned portfolio.Contacts borrower (Owner, Principal, Controller, CFO, or CEO, depending on the size of the Company), spreads financials, writes approval memo, and puts together approval package.Creates default, acceleration, demand and set-off letters.Collects information, prepares term sheet, and may work with the Credit Group in underwriting the transaction if unable to complete in SAG.Coordinates with third parties (appraisers, attorneys, title companies) as needed.Works with team on past dues, exceptions, overdrafts, reviewing and signing off on advances and borrowing bases; creates, reviews and approves loan payoffs in coordination with workout officers.Prepares Quarterly MCRC Reports.Participates on phone calls with existing clients.Works closely with Portfolio Administrator in support of workout officer.Requirements:Bachelor’s Degree in Business, Finance or related field or 3 additional years of commercial credit or analysis.3 years of experience in portfolio management and commercial underwriting including structuring and pricing loan transactions. Must be proficient in evaluating commercial credit risk and have an acute understanding of the components of commercial loan documents. Must be able to work autonomously with minimal oversight.Formal or in-house credit training.Bank Loan Documentation and Management Systems.Proficient understanding of all aspects of commercial loan documents.Proficient in evaluating commercial credit risk.Excellent writing skills.Strong communication skills.Strong credit/underwriting knowledge.Intermediate skill level in MS Office products.Preferences:MBA or Master’s Degree.Banking product knowledge.
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We are a values driven organization putting
Relationships FIRST . EagleBank (NASDAQ - EGBN) is focused on being
Flexible, Involved, Responsive, Strong , and
Trusted . By prioritizing meaningful connections with our customers, employees, and shareholders, we relentlessly deliver the most compelling, valuable service to our customers.EagleBank is committed to inclusion, equity, and respect. We celebrate diversity and intentionally seek out opportunities to learn from one another’s experience. We believe employees are essential to the building of relationships and we prioritize investing in employee growth and wellbeing. Employee involvement is fostered through resource groups, mentorship programs, community service, and scholarship opportunities for continued education. With features including maternity and parental leaves, wellness discounts, healthcare premium sharing, employer funding in your HSA account, and 100% 401(k) matching up to 4%, we pride ourselves in the ways we support our internal relationships.We understand the need to be creative and flexible when it comes to telecommuting and other alternative work arrangements. This position is eligible for our hybrid remote work and will work in the Rockville, MD office four days per week.Responsibilities
Under limited supervision, the
Special Assets Portfolio Manager
manages portfolio assets, underwrites loans and works with existing clients in support of one or more Workout Liquidation Officers. Facilitates existing credit underwriting for modifications and extensions. Works with Workout team to clear past dues, clear exceptions, review loan advances or pay downs and review borrowing bases.Qualifications
Major Duties and Responsibilities:Assists workout officers with workouts and liquidations.Underwrites all credit modifications and extensions on workout deals; prepares LMM’s for workout officers.Orders Credit Requests as needed (analysis, spreads, credit reports from Credit).Ensures loan collateral is perfected.Works with Workout Liquidation Officer, Loan Servicing and other Bank departments as needed to monitor and maintain portfolio performance.Maintains timeliness and accuracy of credit underwriting and documentation, including systems’ maintenance.Renews all credit facilities in the assigned portfolio.Contacts borrower (Owner, Principal, Controller, CFO, or CEO, depending on the size of the Company), spreads financials, writes approval memo, and puts together approval package.Creates default, acceleration, demand and set-off letters.Collects information, prepares term sheet, and may work with the Credit Group in underwriting the transaction if unable to complete in SAG.Coordinates with third parties (appraisers, attorneys, title companies) as needed.Works with team on past dues, exceptions, overdrafts, reviewing and signing off on advances and borrowing bases; creates, reviews and approves loan payoffs in coordination with workout officers.Prepares Quarterly MCRC Reports.Participates on phone calls with existing clients.Works closely with Portfolio Administrator in support of workout officer.Requirements:Bachelor’s Degree in Business, Finance or related field or 3 additional years of commercial credit or analysis.3 years of experience in portfolio management and commercial underwriting including structuring and pricing loan transactions. Must be proficient in evaluating commercial credit risk and have an acute understanding of the components of commercial loan documents. Must be able to work autonomously with minimal oversight.Formal or in-house credit training.Bank Loan Documentation and Management Systems.Proficient understanding of all aspects of commercial loan documents.Proficient in evaluating commercial credit risk.Excellent writing skills.Strong communication skills.Strong credit/underwriting knowledge.Intermediate skill level in MS Office products.Preferences:MBA or Master’s Degree.Banking product knowledge.
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