VP Special Assets Officer

Location:

Matlock Operations Center, 3030 Matlock Road, Arlington, TX 76015, USA

This position manages problem credits and collateral. This position participates in the management of the bank’s risk and provides reports and analyses evaluating the bank’s risk. Participates in planning sessions to determine future strategic initiatives as they relate to risk management.

• Monitor and manage the past due loans.
• Manage loan workouts in support of the lending officers.
• Monitor and manage the Watch List, Classified Assets, and Other Assets and Real Estate.
• Conduct periodic reviews and prepares risk assessments and action plans.
• Analyze borrower financial statements, tax returns, cash flow projection, borrowing base reports, appraisals, and collateral documentation.
• Identify emerging risks and recommend appropriate risk ratings and impairment analyses.
• Negotiate loan modifications, forbearance agreements, restructuring agreements, and settlement agreements.
• Recommend updates to the Asset Classification and Collections policy to keep it current in a growth environment.
• Maintain the required level of knowledge and procedural expertise of policies, guidelines, and programs to assist lending and bank management with technical issues.
• Effectively communicate information between loan officers, lending assistants, and management to inform of changes in the portfolio and ensure efficient operations processes.
• Understands and agrees to abide by the policies and procedures established by Susser Bank.
• Performs duties in compliance with applicable laws and regulations.
• Maintains the security and confidentiality of pertinent information and records.
• Maintains current and up-to-date knowledge and continues professional development through training as applicable.
• Demonstrates a courteous, pleasant, self-motivated, and dependable behavior. Maintaining a professional environment in both appearance and conduct.
• Performs additional duties as assigned or directed.

• Bachelor’s degree or equivalent education and experience.
• Course of study in Business, Finance, or Accounting is strongly preferred.
• Minimum 7-10 years of commercial lending, credit administration, loan workout, restructuring, or special assets experience.
• Demonstrated experience with commercial real estate, C&I, SBA, asset-based lending, and owner-occupied real estate credits.
• Strong understanding of collateral liquidation, bankruptcy proceedings, foreclosure remedies, and loan documentation.

• Job Knowledge/Technical Knowledge:
  Finance, Accounting, Computer (Microsoft Excel and PowerPoint, financial software), Printer, Copier, Scanner.
• Must have a strong attention to details, be organized and accurate and be able to exercise good judgment.
• Strong verbal and written communication skills with the ability to communicate on all levels.

Susser Bank is an equal opportunity employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, or national origin. Susser Bank participates in E-Verify.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities. This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.