Special Assets Portfolio Lead (Credit Workouts)

Eagle Bancorp, Inc.; Bethesda (MD); On-site; USD 91,972 - 151,186; Full time

Job summary

EagleBank is seeking a Special Assets Portfolio Manager in Bethesda to oversee portfolio assets, underwrite loans, and support Workout Liquidation Officers. The role involves securing collateral, processing modifications, and coordinating with loan servicing and external partners.

Ideal candidates have strong credit/underwriting knowledge, writing skills, and experience in portfolio management, with autonomous work capabilities and MS Office proficiency.

Qualifications

• Bachelor’s Degree in Business/Finance or related field.

Responsibilities

• Assists workout officers with workouts and liquidations.
• Underwrites all credit modifications and extensions on workout deals; prepares LMMs for workout officers.
• Orders Credit Requests as needed (analysis, spreads, credit reports).
• Ensures loan collateral is perfected.
• Works with Workout Liquidation Officer and Loan Servicing to monitor portfolio performance.
• Maintains timeliness and accuracy of underwriting and documentation.
• Renews all credit facilities in the portfolio.
• Contacts borrower and prepares approval packages.
• Creates default, acceleration, demand and set-off letters.
• Coordinates with third parties (appraisers, attorneys, title companies).
• Prepares quarterly MCRC reports.
• Participates on calls with existing clients.

Skills

Writing skills

Strong communications

Credit risk knowledge

MS Office proficiency

Education

BA/BS in Business or Finance

MA/MS or MBA (preferred)

Tools

Bank loan docs systems

Job description

EagleBank is seeking a Special Assets Portfolio Manager in Bethesda to oversee portfolio assets, underwrite loans, and support Workout Liquidation Officers. The role involves securing collateral, processing modifications, and coordinating with loan servicing and external partners.

Ideal candidates have strong credit/underwriting knowledge, writing skills, and experience in portfolio management, with autonomous work capabilities and MS Office proficiency.