Special Assets Account Executive Sr

About the role

Manage all aspects of an assigned portfolio of Classified loans, and provide support to Leader and Senior AE's in Special Assets Group, including identifying exit and recovery strategies ensuring the relationships meet corporate standards for risk, profitability, factoring and asset-based lending services, and financial controls. Our commitment to inclusion is woven into our DNA. We believe that we are strongest when we embrace the voices of our employees, customers, partners, and the communities we serve. We provide equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, ethnicity, religion, sex, sexual orientation, gender identity, transgender status, pregnancy, national origin, age (age 40 and over), disability, genetic information, marital status, hair texture or hairstyle, ancestry, service in the uniformed services, protected veteran stat

Responsibilities

• Works closely with SAG Leader and others to manage portfolio, including manage direct portfolio of Classified loans.
• Takes timely action so client losses are minimized and do not exceed budgeted standards.
• Assists with the restructuring and liquidation of distressed loans.
• Ensures timely and accurate reporting of asset quality, impairment, and charge-offs.
• Maintains strong relationships with business units to ensure smooth asset transitions
• Monitors collateral values and ensure compliance with loan covenants and regulatory requirements.
• Assists with implementation of workout action plans, including restructurings, forbearance agreements, legal actions, evaluating bank collateral and documentation, and recommending alternative solutions as well as judgment/foreclosure litigation, asset liquidation and bankruptcy.
• Ensures all advances and loans comply with loan policy and approved structure with required legal documentation.
• Manages portfolio through complete and current knowledge of client's financial condition, management's performance and industry trends, and take timely action so client losses are minimized and do not exceed budgeted standards.
• Other duties as assigned

Requirements

• Bachelor's degree or equivalent education and work experience
• 5+ years of experience in commercial banking, credit risk, with emphasis in special assets management.
• Collection, loan restructuring, and workout experience required.
• Thorough knowledge of banking regulations and compliance.
• Project Management Workout Experience
• Alternative Energy Workout Experience, including Solar, Battery, and RNG
• SBA and USDA Workout Experience
• Customer service
• Communication skills (verbal & written)
• Collaboration
• Financial Acumen
• The responsibilities listed above are not all inclusive and may be changed at any time.
• Salary range: $104,000- $174,000
• This role is also eligible for an annual performance-based incentive opportunity. Pathward offers a comprehensive benefits package for eligible employees, including health insurance, 401(k) retirement benefits, life insurance, disability benefits, paid time off, and more.
• #LI-Remote

Benefits

Additional Information

We are a hybrid, remote-office company dedicated to growing our talent anywhere! We have onsite locations in: Sioux Falls, SD, Scottsdale, AZ, Louisville, KY, Troy, MI, Franklin, TN, Easton, PA. At Pathward, we take tremendous pride in our purpose to create financial inclusion for all™. We are a financial empowerment company that works with innovators to increase financial availability, choice, and opportunity for all. We strive to remove barriers that traditional institutions put in the way of financial access, and promote economic mobility by providing responsible, secure, high quality financial products. We are a team of problem solvers and innovators who celebrate our differences and know that our unique perspectives make us stronger and well-positioned for success. We celebrate, and embrace, our team members through our *HUMBLE*HUNGRY*SMART approach, and we believe that we are strongest when we embrace the voices of our employees, customers, partners, and the communities we serve.

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