Special Assets Division (SAD) Manager, AVP
Requisition # 10035029-WD
Job Type Day
Location Charlotte, NORTH CAROLINA
Date Posted 04/28/2020
Your potential. Your opportunity.
Do you want your voice heard and your actions to count?
Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG) the world's 5th largest financial group in the world with total assets of over $2.4 trillion (as ranked by SNL Financial, April 2016) and 140,000 colleagues in nearly 50 countries. In the U.S., we're 13,000 strong, working together to positively impact every customer, organization, and community we serve. We achieve this by delivering on our values, putting people first, fostering long-term relationships built on honesty and mutual understanding, and inspiring the best in each other. This is all part of our inclusive, high-performing culture supported by Total Rewards that include our cash balance pension plan. Join a team that's working to fulfill its vision to be the world's most trusted financial group.
Perform complex loan functions related to the processing of Commercial Lending, Syndications, Real Estate Construction and Asset Based Financing.
Perform loan accounting functions using multiple loan systems i.e. Real Estate Construction (RCL), Asset Based Lending (ABL) and the Automated Financial System (AFS).
Interpret requests for boarding new and renewed loans and determine the structural hierarchy.
Ensure modifications to codes are processed accurately to maintain optimum data integrity.
Communicate with the Bank's liaisons and lenders regarding the borrowers loan status.
Adhere to processing deadlines established to ensure compliance with the department's service level commitment.
Perform multiple tasks to service a diverse group of borrowers.
Tasks includes but are not limited to servicing non-accrual loans, syndicated credits, risk participations, government secured loans, partially international related facilities and other products offered by the Bank.
Ensure tasks performed meet all regulatory requirements issued for Sarbanes-Oxley, FDICIA, Auditing and Bank policy.
Provide guidance and assistance to the lending offices to resolve discrepancies.
Settle accrual discrepancies between the Banks records and the syndicated agent.
Perform multiple tasks to prepare and disseminate demand payoffs.
Participate in discussions regarding the servicing and boarding of creative loan structures with lenders and Loan System Support Administration.
Propose ways to service new products and facilities to ensure accurate reporting.
Perform steps to certify the Bank's general ledger to the loan accounting system.
Analyze and monitor exception reports to avoid unnecessary bank exposure.
Train less experienced staff on new products and procedures.
Continuously exercise sound judgment to protect the bank
Establish and maintain an efficient and productive work environment within the team based on effective communication.
Assists with establishing goals and strategies for each staff member, as well as define and implement a measure of acceptable staff performance and knowledge.
Assists with ongoing training and communications to current or future procedural changes.
Review, implement, and/or revise procedures/process changes to improve and establish efficiencies, workflows while ensuring they are in line with current processes, policy and regulatory/compliance standards.
Ability to interact with internal business partners, auditors and risk management/compliance to ensure team is meeting departmental standards and expectations.
Assist with achieving satisfactory audit/examination results for teams areas of responsibilities.
Assist with reporting on teams productivity, volume, and performance. Works with manager to analyze results and recommends changes to workflow and staff assignments to ensure goals are achieved.
Consistently looks for areas of opportunities to build tools and resources for staff growth, empowerment, and accountability standards.
Preferably 5-7 years of experience in Commercial loan servicing operations.
Experience with leading and coaching a staff of 5 or more employees.
Ability to effectively manage multiple assignments and meeting deadlines.
In-depth knowledge of loan operations servicing, preferably in commercial and have a general understanding of special assets division operations.
Intermediate to advanced Microsoft Excel skill
Position will be based in Charlotte, NC - Temporarily remote due to state of emergency.
The above statements are intended to describe the general nature and level of work being performed. They are not intended to be construed as an exhaustive list of all responsibilities duties and skills required of personnel so classified.
We are proud to be an Equal Opportunity / Affirmative Action Employer and committed to leveraging the diverse backgrounds, perspectives, and experience of our workforce to create opportunities for our colleagues and our business. We do not discriminate in employment decisions on the basis of any protected category.
A conviction is not an absolute bar to employment. Factors such as the age of the offense, evidence of rehabilitation, seriousness of violation, and job relatedness are considered in all employment decisions. Additionally, it's the bank's policy to only inquire into a candidate's criminal history after an offer has been made. Federal law prohibits banks from employing individuals who have been convicted of, or received a pretrial diversion for, certain offenses.
Primary Location Charlotte, North Carolina
Schedule Full Time