Commercial Special Assets Loan Portfolio

Position Summary:

The Commercial Special Assets Loan Portfolio Manager is responsible for overseeing a portfolio of criticized or non-performing commercial loans, including commercial conventional, commercial real estate, participation loans, and government-guaranteed loans. This role involves developing and implementing strategies for loan restructuring, risk mitigation, and recovery while ensuring compliance with regulatory requirements and internal policies. The manager collaborates with borrowers, legal counsel, appraisers, and internal teams to resolve credit-related issues and minimize losses. Additionally, the position requires preparing detailed reports on asset performance and recommending actions such as reserves, downgrades, or asset disposition.

Essential Duties and Responsibilities:

• Manages the credit union's commercial portfolio of criticized, troubled, or non-performing loans, ensuring adherence to loan terms and covenants.

• Monitors, maintains and coordinates the disposition of distressed assets with a focus on minimizing losses.

• Handles defaulted or non-compliant loan participation, including those not originated by TDECU and those involving other lead lenders.

• Develops and implements strategies for loan restructuring, risk mitigation, and recovery efforts.

• Conducts detailed credit analysis to evaluate repayment capacity and collateral adequacy.

• Collaborates with legal counsel, appraisers, consultants, and internal stakeholders to resolve complex credit-related issues.

• Prepares and presents timely reports on watched and criticized assets, including recommendations for reserves, downgrades, and non-accrual classifications.

• Engages and communicates directly with borrowers to address loan performance issues and facilitate a return to regular servicing when possible.

• Oversees and reviews the Special Assets pipeline and related reporting on a daily basis.

• Stay informed and compliant with regulations from the NCUA, TCUD, and Small Business Administration (SBA).

Minimum Qualifications:

Education:

• Bachelor's degree in business, finance, or related field

Experience:

• Seven years of financial institution experience, including 3 years of high-level special asset experience.
• Five years of underwriting experience.

Knowledge, Skills, and Abilities:

• Strong working knowledge of commercial and business lending (including SBA workouts).
• Knowledge of regulatory requirements and internal policies to ensure adherence throughout the asset management process.
• Proficient in evaluating commercial credit risk to assess repayment capacity, collateral value, and overall risk.
• Expertise in credit analysis and underwriting.
• Demonstrated ability to develop and negotiate repayment terms.
• Proven ability to work with troubled borrowers.
• Ability to conduct meetings and /or participate in meetings professionally, representing the credit union when dealing with executive-level or senior-level personnel, whether TDECU or other institutions.
• Strong proficiency in Microsoft Word and Excel; ability to use Teams effectively.
• Excellent oral and written communication skills.
• Strong analytical, conceptual and writing skills.

Physical Demands and Work Environment:

(The physical demands and work environment characteristics described herein are representative of those that must be met by an employee to successfully perform essential functions of this position and/or may be encountered while performing essential functions. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.)

• While performing the essential duties of this position, an employee would frequently be required to stand, walk, and sit.
• Specific vision abilities required by this position include close vision, distance vision, and the ability to adjust focus.
• The noise level in the work environment is usually moderate.
• Our company offers a dynamic hybrid work arrangement that requires three days of on-site work in the Sugar Land, TX office.

Disclaimer:

The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, duties, and skills required of personnel so classified.

Texas Dow Employees Credit Union is an equal opportunity employer, dedicated to a policy of non-discrimination in employment on any basis including race, color, age, protected veteran status, sex, religion, disability, genetic information, national origin, or other status protected by federal, state or local law. Consistent with the American Disabilities Act, applicants may request accommodations needed to participate in the application process.