Portfolio Manager, Special Assets

3 hours ago


Melbourne, Victoria, Australia Farm Credit Services Full time
Job Summary

We are seeking a highly skilled Portfolio Manager, Special Assets to join our Special Assets Team. The successful candidate will be responsible for managing a loan portfolio of high-risk assets and working to mitigate risk while improving borrower financial performance.

Key Responsibilities
  • Evaluate assigned loan portfolios for strengths and weaknesses, determining strategies to increase and maintain credit quality.
  • Implement and execute strategies in an efficient and effective manner, adhering to applicable policies, procedures, and guidelines.
  • Utilize negotiation skills to resolve problem cases prior to legal action, when appropriate.
  • Comply with Borrower Rights and manage distressed assets in accordance with FCA and Association regulations.
  • Coordinate and manage assigned portfolios, working closely with Senior Management.
  • Ensure timely resolution of foreclosures and bankruptcies to recover Association collateral and minimize losses.
  • Maintain accurate and complete accounting records, adhering to policy, procedure, and GAAP.
Requirements
  • Skilled and experienced in negotiating workout strategies, troubled debt restructuring, and effective communication with borrowers.
  • Excellent customer contact skills.
  • Strong accounting skills for credit analysis.
  • Knowledge of basic laws governing commercial lending, including the foreclosure process.
  • Ability to handle high-stress situations professionally.
  • Capability of negotiating complex transactions.
Education and Experience

Bachelor's degree in Business Administration, Agriculture, Economics, Finance, or related field, or equivalent work experience. A minimum of five to seven years of agricultural and/or commercial lending experience or related experience is required. Farm Credit experience is a plus.

Farm Credit of Florida is an Equal Opportunity Employer, committed to diversity and inclusion. We are a Drug-Free Workplace and advocate for rural communities and agriculture.



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