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Special Assets Portfolio Manager III or IV
Special Assets Portfolio Manager III or IV-March 2024
Akron
Mar 31, 2026
About Special Assets Portfolio Manager III or IV

  North Shore: 358 North Shore Drive, Suite 202, Pittsburgh, PA 15212Main Office: 800 Philadelphia Street, Indiana, PA 15701Irwin: 309 Main Street, Irwin, PA 15642West Chester Building: 10 N Church Street, West Chester, PA 19380Akron: 491 N Cleveland Massillon Road, Akron, OH 44333Lancaster Building: 205 Granite Run Drive, Suite 380, Lancaster, PA 17601Work Days and Expected Hours:Monday - Friday: 8:00 AM - 5:00 PM(Additional hours as necessary to meet the objectives of the department).Function: The Special Asset Portfolio Manager or Analyst provides relationship management to Special Asset Officers for an assigned portfolio including of a 15 - 20 commercial loan workout relationships with an average size of >$5MM with diverse scope and complexity. In partnership with the Special Asset Officers, the Portfolio Manager or Analyst will draw on their prior analytical and commercial loan experience to provide comprehensive support to existing Borrowers within the assigned adversely graded special asset portfolio.Duties and Responsibilities:Liaison between Special Asset Officer and Other Departments within the Bank for facilitating modifications, extensions, and covenant testing within designated special asset portfolio.Perform annual reviews for client relationships within the assigned special asset portfolio.Attend client calls with Special Asset Officers to gain a thorough understanding of the client's business and effectively assist in ongoing credit risk management of the relationship.As a trusted partner, the Special Asset Portfolio Manager or Analyst will provide constructive and regular feedback to Special Asset Officers to ensure sound relationship quality.Conduct site visits and document vacancy / occupancy, as well as, general property conditions via notes and photographs.Monitor credit performance of client portfolios and alert Special Asset Officers and Management to changes that may require action to ensure risk mitigation, minimize potential losses and maximum returns. Including but not limited to:Facilitating the collection and spreading of financial statementsAnalyzing collateral qualityMonitoring line usage and supporting documents such as: accounts receivable / payable aging reports and inventory reports for concentration risk, aged accounts and inventory.Performing lease analysis for potential rent roll down / expirations / vacancyComparing actual performance to pro-formas / projectionsMonitoring various credit risk reportsPreparing Criticized Asset Reports and periodic credit file memosResolve any documented exceptionsPreparing troubled debt restricting analysis and supporting documentationConduct covenant tests within the assigned special asset portfolio.Monitor / facilitate construction and general line advances within the assigned special asset portfolio.Utilizes advanced financial and quantitative analyses techniques to evaluate financial and related information to gauge borrower's overall ability to repay debt as well as to assess financial performance relative to peer companies, industry benchmarks or other standards of performance. In addition, these techniques will be used to analyze to borrower's capital structure and bank's documentation to determine restructure options for complex, diverse and adversely graded credits which will assist to design and implement comprehensive strategies to either exit or retain relationship.Researches and accurately interprets commercial loan documentation, agreements, leases, contracts, and other technical documentation of a legal nature. Identifies the documentation gaps to complete a loan documentation file review for all commercial products and perfection of all types of collateral. Perform any other analysis needed by Special Asset Manag

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