AVP Commercial Portfolio Management

Nusenda-Credit-Union; Albuquerque (NM); On-site; USD 120,000 - 180,000; Full time

Job summary

Nusenda Credit Union is actively seeking an AVP of Commercial Portfolio Management in Albuquerque, NM. You will lead underwriting and risk monitoring, ensuring timely loan reviews, renewals, and covenant testing for a portfolio of commercial loans while guiding a team of portfolio managers and administrators.

The role requires 5–8 years of related experience, a finance or accounting degree, and strong analytical, communication, and leadership skills.

Qualifications

• Five to eight years of similar or related experience.
• Bachelor’s Degree in Finance or Accounting or related field.
• Advanced experience in complex research and financial analysis.
• Knowledge of cash flow modeling, commercial leases, appraisal methodologies, applicable regulations (i.e., FIRREA, BSA, HMDA), NCUA regulatory guidance, GAAP, and tax return analysis.
• Ability to handle multiple responsibilities, meet deadlines, deal with sensitive information and handle problem resolution.
• Exceptional verbal, written and presentation skills with the ability to work with multiple levels of the organization.
• Development, performance management, training, and employee counseling skills essential.

Responsibilities

• Oversee, coordinate and assist in the daily activity of the Commercial Portfolio Management area, including assigning duties, monitoring workload, planning, and recommending changes.
• Provide direction for the underwriting function to ensure timely and accurate financial spreads, credit memoranda, loan modifications, annual reviews, and covenant testing.
• Ensure team completes annual loan reviews and covenant tests; completes renewals timely.
• Review loan renewal credit requests and annual reviews for quality, risk rating, and policy compliance.
• Collaborate with team members to address concerns in credit and finalization of reviews.
• Make credit decisions within delegated authority or escalate with recommended actions.

Skills

Financial analysis

Cash flow modeling

Commercial leases

Appraisal methodologies

Regulations FIRREA BSA HMDA

NCUA guidance

GAAP

Tax return analysis

Multitasking

Deadline driven

Sensitive information handling

Problem resolution

Verbal communication

Written communication

Presentation skills

Development

Performance management

Training

Counseling

Education

Bachelor’s Degree in Finance

Bachelor’s Degree in Accounting

Job description

Nusenda Credit Union is dedicated to excellent member service, care for our community, and being a great place to work. We strive to make a positive difference in the lives of our members and the communities we serve to help them achieve their financial goals. Diversity, equity, and inclusion are part of our culture and values.

As an employer of choice, we invest in people and their careers. Our competitive employee benefits include several health and wellness options, competitive 401(k) matching contributions, professional development, and tuition assistance and more!

Thank you for your interest in joining the Nusenda team!

We are currently seeking an AVP of Commercial Portfolio Management to join our organization. As the AVP Commercial Portfolio Management, you'll support the ongoing risk monitoring maintenance, and renewals of high-quality, well-structured and profitable commercial loans in alignment with the Credit Union strategy. You'll ensure compliance with applicable regulation, sound risk management, and quality controls, while supporting excellent member service. You'll provide leadership and supervision of Commercial Portfolio Managers and Administrators to establish team metrics and ensure timely and accurate preparation of financial spreads, annual loan reviews, renewals, loan modifications, covenant testing, and loan documentation in support of each Portfolio Manager’s assigned portfolio.

What You'll Do:

Oversee, coordinate and assist in the daily activity of the Commercial Portfolio Management area to include assignment of duties and special projects, monitoring workload and productivity, planning and prioritization, problem resolution, and develops recommendations for change or improvement.

Provide overall direction for the underwriting function of the department to ensure timely and accurate completion of financial spreads, credit memoranda, loan modifications, annual loan reviews, and covenant testing for the assigned commercial loan portfolio.

Responsible for ensuring team meets of annual loan reviews and covenant tests requirements in accordance with policy and completes all applicable loan renewals on a timely basis.

Complete review of loan renewal credit request and annual loan reviews, ensuring quality, accuracy, and proper assessment of risk rating in accordance with policy.

Collaborate with team members to address any concerns within the credit and finalization of the review.

Decision credit requests within delegated authorities or recommend approval of final loan reviews to the appropriate approving official and escalates credit concerns to management along with recommended courses of action.

What You'll Need:

Five to eight years of similar or related experience

• Bachelor’s Degree in Finance or Accounting or related field

Key Skills and Experience:

• Advanced experience in complex research and financial analysis, including knowledge financial spreading systems, and an ability to construct various ad hoc financial analyses.
• Must possess knowledge of cash flow modeling, commercial leases, appraisal methodologies, applicable regulations (i.e., FIRREA, BSA, HMDA), NCUA regulatory guidance, financial accounting concepts (e.g., GAAP), and tax return analysis.
• Must be able to handle multiple responsibilities, meet deadlines, deal with sensitive information and handle problem resolution.
• Exceptional verbal, written and presentation skills with the ability to work with multiple levels of the organization.
• Development, performance management, training, and employee counseling skills essential.

Nusenda Credit Union is an equal opportunity employer. All aspects of employment including the decision to hire, promote, discipline, or discharge, will be based on merit, competence, performance, and business needs. We do not discriminate on the basis of race, color, religion, marital status, age, national origin, ancestry, physical or mental disability, medical condition, pregnancy, genetic information, gender, sexual orientation, gender identity or expression, veteran status, or any other status protected under federal, state, or local law.

Equal Opportunity Employer
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