The Special Assets Portfolio Manager is responsible for overall management of the Business Services loan portfolio, including lines of credit both secured and unsecured, to maximize profitability and member satisfaction while mitigating risk to Kinecta.
NATURE AND SCOPE OF POSITION:
The position works with a minimal amount of supervision and direction and is authorized to take reasonable actions necessary to carry out the assigned responsibilities of the position, provided that such action is consistent with cost-effective practices and is consistent with the policy and procedures of Kinecta Federal Credit Union.
SUPERVISORY RESPONSIBILITIES:
The role has indirect supervisory responsibility for staff tasked with collection and analysis of loan performance data. The Portfolio Manager also oversees risk mitigation activities, including, but not limited to, loan modifications, workouts and liquidation.
Special Assets Portfolio Manager Responsibilities - MUST HAVE THE FOLLOWING BACKGROUND & EXPERIENCE BELOW & SHOW IN YOUR RESUME:
The primary focus of Special Assets is to collect, restructure, and/or improve problem loans, with the goal of successfully exiting the loan from the Credit Union with no loss or returning the credits to performing status. The responsibilities of Special Asset Portfolio Managers handling these assets include:
MINIMUM QUALIFICATIONS
Knowledge, Skills and Abilities:
Education, Training and Experience:
Potential candidates for this position must meet the following requirements:
One year of relevant professional-level work experience may be substituted for one year of required education.
PHYSICAL ABILITIES, MENTAL DEMANDS, AND WORK ENVIRONMENTMust be able to exercise sound judgment, effectively plan and be well organized, have excellent oral and written communications skills, work well under changing timelines, take the initiative and be flexible and cooperative. Accuracy, timeliness and maintaining confidentiality related to member, employee information and company records is required.
While performing the job duties of this position, the employee is regularly required to sit; talk or hear in person and by telephone; use hands to operate standard office equipment; reach with hands and arms; lift minimum 10 lbs.
The employee is frequently required to walk and stand. Vision abilities required by this job include close vision and the ability to adjust focus to read and operate office equipment, as necessary. The employee works under typical office conditions and noise levels.
Disclaimer:
The above information on this description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.