Special Assets Division (Sad) Manager, AVP

Mufg Charlotte , NC 28201

Posted 3 weeks ago

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.

Description

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.

Major Responsibilities:

  • 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.

Qualifications

Qualifications:

  • 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.

  • Job Operations

  • Primary Location Charlotte, North Carolina

  • Shift Day

  • Schedule Full Time

icon no score

See how you match
to the job

Find your dream job anywhere
with the LiveCareer app.
Mobile App Icon
Download the
LiveCareer app and find
your dream job anywhere
App Store Icon Google Play Icon
lc_ad

Boost your job search productivity with our
free Chrome Extension!

lc_apply_tool GET EXTENSION

Similar Jobs

Want to see jobs matched to your resume? Upload One Now! Remove
Avp Special Handling Credit Officer

CIT Group

Posted 2 days ago

VIEW JOBS 5/23/2020 12:00:00 AM 2020-08-21T00:00 Overview CIT is a leading national bank focused on empowering businesses and personal savers with the financial agility to navigate their goals. CIT Group Inc. (NYSE: CIT) is a financial holding company with over a century of experience and operates a principal bank subsidiary, CIT Bank, N.A. (Member FDIC, Equal Housing Lender). The company's commercial banking segment includes commercial financing, community association banking, middle market banking, equipment and vendor financing, factoring, railcar financing, treasury and payments services, and capital markets and asset management. CIT's consumer banking segment includes a national direct bank and regional branch network. Discover more at cit.com/about. Responsibilities * To manage a select customer portfolio (typically 15-20 customer names), that consists of highly visible and/or marginal customer accounts including Supply Chain Finance prospect names that typically fall outside core business industries. * Advanced skills are necessary to obtain, analyze and accurately interpret all levels of financial information, including liquidity and bank covenant analysis, towards recommending an appropriate credit limit and/or business strategy. * The credit officer must be able to prepare and present a detailed and cohesive financial analysis in proper format for various reporting committees. * The officer must understand our regulatory risk metrics system and its relationship to the soundness and safety of the decision-making process. * The officer must recognize that decision making, and reporting is time sensitive and he/she must prioritize the desk efficiently to meet hard deadlines. * Time management skills are essential. * Additionally, the Officer must recognize that our focus is toward servicing clients while simultaneously protecting the assets of CIT and ensuring adherence to credit policies in decision making. Qualifications * A minimum of five (5) of credit department factoring experience. * Previous experience in writing credit reports or credit clearances. * Strong knowledge of business being supported. * Obtain and analyze financial information and documentation to establish the credit worthiness of each assigned customer account. * Understand the importance of cash flow, working capital, and liquidity * Be able to communicate effectively with bank relationship managers * Understand a lender's covenant restrictions and be able to analyze any covenant tests * Effectively communicate with a company's senior management focusing on obtaining financial information necessary to support a credit exposure * Understand a customer's financial plan and be able to track against actual performance * Identify and refer problem customers to senior management. * Prior success in exiting customer accounts. * Assist the collection department by reviewing and ensuring maximum collectability of problem accounts. * Coordinate closely with client service teams to ensure quality client service, retention, and operational efficiencies that meet or exceed CIT standards. * Identify and refer customers to our new business department who have the characteristics of a prospective client. * Maximize efficiencies and productivity by responding to client's inquiries/requests in a timely fashion, inputting lines of credit where appropriate while meeting or exceeding credit department standards and risk rewards philosophies. Other Skills/Abilities: * Ability to communicate effectively in a variety of presentation settings; face to face and in small groups; subordinates; and when appropriate, senior management. * Ability to motivate and bring out the best in people. * Ability to negotiate with customers and clients to achieve aforementioned goals, client service and protection of CIT's assets. * Ability to operate under pressure without sacrificing quality, accuracy, or the needs of others. CIT Group Charlotte NC

Special Assets Division (Sad) Manager, AVP

Mufg