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Special Assets Portfolio Manager

$91.97k - $151.19k

EagleBank

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. The minimum and maximum projected annualized salary for this position is: $91,972.00 to $151,186.80. Additional compensation may be possible based on experience and skills. 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. Assists workout officers with workouts and liquidations.Underwrites all credit modifications and extensions on workout deals; prepare LMM’s for workout officers.Ordering Credit Requests as needed ( analysis, spreads, credit reports from Credit).Ensure loan collateral is perfected.Works with Workout Liquidation Officer, Loan Servicing and other Bank departments as needed to monitor and maintain portfolio performance.Maintain timeliness and accuracy of credit underwriting and documentation, including systems’ maintenanceRenews 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, 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.Work closely with Portfolio Administrator in support of workout officer. Qualifications Requirements:Bachelor’s Degree in Arts/Sciences (BA/BS) in Business, Finance or related fieldFormal or in-house credit training3 years commercial credit or analysis3 years experience in portfolio management and commercial underwriting including structuring and pricing loan transactions Must be proficient in evaluating commercial credit risk and acute understanding of the components of commercial loan documents Must be able to work autonomously with minimal oversightBank Loan Documentation and Management SystemsProficient understanding of all aspects of commercial loan documentsProficient in evaluating commercial credit riskExcellent writing skills'Strong comminications skillsStrong credit/underwriting knowledgeIntermediate skill level MS Office productsPreferences:Master’s degree in Arts/Sciences (MA/MS) or MBADon't meet all the requirements? We encourage you to still apply if you think you are the right person to join our community. We are always interested connecting with people inspired by our mission and values. If you aren't hired for this position, your resume will remain available for the next year and might be considered for future openings. Note: You can update your resume as often as needed.Job SummaryID: 2026-2285Location : Address: 7500 Old Georgetown RoadPosition Type: Full Time RegularBusiness Unit Description: Credit Administration

Vacancy posted 3 days ago
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