Special Assets Officer - Umpqua Bank
Encino, CA
About the Job
Special Assets Officer
Asset Based Lending
San Jose,
California
Encino,
California
Portland,
Oregon
Redding,
California
Tacoma,
Washington
Liberty Lake,
Washington
Description
About Us:
At Umpqua, we create a great place to work by offering a unique brand of relationship banking and fostering a culture where associates thrive. We are dedicated to supporting our customers and communities, and we can only achieve this through the dedication of our employees.
We value Trust, Ownership, Growth, Empathy, Teamwork, Heart, Enjoyment, and Relationships, and we are eager to meet candidates who embody these core values. We are always on the lookout for results-focused individuals who can think independently, work collaboratively, and support our broader purpose.
Think of us as financial partners, because at Umpqua, we believe the best way forward is together. Together for people. Together for business. Together for better.
About the Role:
This position reports to the Sr. Credit Officer and is responsible for reviewing approving, declining, or recommending commercial credit applications within assigned approval limits while maintaining risk exposure consistent with bank loan quality guidelines. Monitors quality and performance of portfolio(s) and advises line partners on strategies to protect bank capital, Develops partnerships with other business line leaders for mutual goal attainment and coordination on mutual priorities.
+ Collaborate with bankers to develop high quality loan portfolios and service client relationships. Review, approve, decline or recommend credit facilities.Administer and review loans and loan commitments within assigned authorities.May contribute to the development of credit policies, processes, and methodologies.
+ Oversee the management of delinquent loans, ensuring that bankers are making appropriate contact with past due accounts. Oversee completion and accuracy of monthly past due-loan reports and problem loan reports by bankers and ensures timely submission to Credit Quality Administration.
+ Monitor and verify risk rating accuracy on delinquent loans and those submitted for approval. Advises bankers on the risk rating process and ensures timely documentation of migrations.
+ Review credit recommendations for accuracy and coaches the banking staff in the development of complete, accurate and well-structured credit recommendations.
+ Provide guidance and advice to the banking staff on financial analyses, loan structuring and other credit recommendations. Ensure lending staff is aware of all relevant changes in credit requirements.
+ Engage with external clients, prospects, and banking staff providing experienced perspective regarding risk identification, mitigation, and loan structuring. Provide strong and consistent credit leadership.
+ Resolves and/or escalates complex customer problems to appropriate resources.
+ Demonstrates compliance with all bank regulations for assigned job function and applies to designated job responsibilities – knowledge may be gained through coursework and on-the-job training. Keeps up to date on regulation changes.
+ Follows all Bank policies and procedures, compliance regulations, and completes all required annual or job-specific training.
+ Maintain a working knowledge of Bank's written policies and procedures regarding Bank Secrecy Act, Regulation CC, Regulation E, Bank Security and other regulations as applicable to this job description.
+ May be asked to coach, mentor, or train others and teach coursework as subject matter expert.
+ Actively learns, demonstrates, and fosters the Umpqua corporate culture in all actions and words.
+ Takes personal initiative and is a positive example for others to emulate.
+ Embraces our vision to become “Business Bank of Choice”
+ May perform other duties as assigned.
About You:
+ Bachelor's Degree in Accounting, or Finance, or equivalent combination of education and experience. Required.
+ 5-7 years Commercial lending experience and strong credit analysis skills, demonstrating a knowledge of industry best practices and financial concepts. Required
+ Strong analytical, decision-making and problem-solving skills.
+ Strong interpersonal and collaboration skills; comfortable dealing with a large span of people across all levels of the organization.
+ Strong communication skills – verbal, listening, written, and presentation.
+ Solid financial business acumen and ability to interpret and understand of financial reports and presentations regrading credit portfolio performance.
+ Strong computer skills including use of the Microsoft Office suite and ability to learn new business software as needed.
+ Strong understanding of market orientation - uses knowledge effectively with internal and external customers.
+ Ability to train and present to small and large audiences or has interest and ability to learn to train and present.
+ Ability to stay current on legal and regulatory requirements applicable to the bank’s portfolio
Job Location(s): Ability to work fully onsite at posted location(s).
Redding, CA, Roseville, CA, Santa Rosa, CA, South Jordan, UT, Eugene, OR, or Phoenix, AZ
Our Benefits:
We offer a competitive total rewards package including basewagesand comprehensive benefits. Thepayrange for this role is$123,000.00 - $180,000.00,and the pay rate for theselected candidate isdependent upon a variety of non-discriminatory factors including, but not limited to, job-related knowledge, skills, and experience, education,and geographic location. The rolemay beeligible for performance-based incentive compensation and those details will be provided during the recruitment process.
We offer eligible associates comprehensive healthcare coverage (medical, dental, and vision plans), a 401(k)-retirement savings plan with employer match for qualifying associate contributions, an employee assistance program, life insurance, disability insurance, tuition assistance, mental health resources, identity theft protection, legal support, auto and home insurance, pet insurance, access to an online discount marketplace, and paid vacation, sick days, volunteer days, and holidays. Benefit eligibility begins the first day of the month following the date of hire for associates who are regularly scheduled to work at least thirty hours weekly.
Our Commitment to Diversity :
Umpqua Bank isan equal opportunityand affirmative actionemployercommitted to employing, engaging, and developinga diverse workforce.Allqualifiedapplicants will receive considerationfor employmentwithout regard to race, color,national origin,religion, sex, age, sexual orientation, gender identity, gender expression, protected veteran status, disability, or any other applicable protected status or characteristics.If you require an accommodation to complete the application or interview(s),please let us know by email: [email protected] .
To Staffing and Recruiting Agencies:
Our posted job opportunities are onlyintendedfor individuals seekingemploymentat Umpqua Bank.Umpqua Bank does not accept unsolicited resumes or applications from agencies and Umpqua Bank will not be responsible for any fees related to unsolicited resume submissions.Staffing and recruiting agencies are not authorized to submit profiles, applications,or resumestothis site or toany Umpqua Bank employeeand any such submissionswill be consideredunsolicitedunlessrequesteddirectlyby a member of the Talent Acquisition team.
Asset Based Lending
San Jose,
California
Encino,
California
Portland,
Oregon
Redding,
California
Tacoma,
Washington
Liberty Lake,
Washington
Description
About Us:
At Umpqua, we create a great place to work by offering a unique brand of relationship banking and fostering a culture where associates thrive. We are dedicated to supporting our customers and communities, and we can only achieve this through the dedication of our employees.
We value Trust, Ownership, Growth, Empathy, Teamwork, Heart, Enjoyment, and Relationships, and we are eager to meet candidates who embody these core values. We are always on the lookout for results-focused individuals who can think independently, work collaboratively, and support our broader purpose.
Think of us as financial partners, because at Umpqua, we believe the best way forward is together. Together for people. Together for business. Together for better.
About the Role:
This position reports to the Sr. Credit Officer and is responsible for reviewing approving, declining, or recommending commercial credit applications within assigned approval limits while maintaining risk exposure consistent with bank loan quality guidelines. Monitors quality and performance of portfolio(s) and advises line partners on strategies to protect bank capital, Develops partnerships with other business line leaders for mutual goal attainment and coordination on mutual priorities.
+ Collaborate with bankers to develop high quality loan portfolios and service client relationships. Review, approve, decline or recommend credit facilities.Administer and review loans and loan commitments within assigned authorities.May contribute to the development of credit policies, processes, and methodologies.
+ Oversee the management of delinquent loans, ensuring that bankers are making appropriate contact with past due accounts. Oversee completion and accuracy of monthly past due-loan reports and problem loan reports by bankers and ensures timely submission to Credit Quality Administration.
+ Monitor and verify risk rating accuracy on delinquent loans and those submitted for approval. Advises bankers on the risk rating process and ensures timely documentation of migrations.
+ Review credit recommendations for accuracy and coaches the banking staff in the development of complete, accurate and well-structured credit recommendations.
+ Provide guidance and advice to the banking staff on financial analyses, loan structuring and other credit recommendations. Ensure lending staff is aware of all relevant changes in credit requirements.
+ Engage with external clients, prospects, and banking staff providing experienced perspective regarding risk identification, mitigation, and loan structuring. Provide strong and consistent credit leadership.
+ Resolves and/or escalates complex customer problems to appropriate resources.
+ Demonstrates compliance with all bank regulations for assigned job function and applies to designated job responsibilities – knowledge may be gained through coursework and on-the-job training. Keeps up to date on regulation changes.
+ Follows all Bank policies and procedures, compliance regulations, and completes all required annual or job-specific training.
+ Maintain a working knowledge of Bank's written policies and procedures regarding Bank Secrecy Act, Regulation CC, Regulation E, Bank Security and other regulations as applicable to this job description.
+ May be asked to coach, mentor, or train others and teach coursework as subject matter expert.
+ Actively learns, demonstrates, and fosters the Umpqua corporate culture in all actions and words.
+ Takes personal initiative and is a positive example for others to emulate.
+ Embraces our vision to become “Business Bank of Choice”
+ May perform other duties as assigned.
About You:
+ Bachelor's Degree in Accounting, or Finance, or equivalent combination of education and experience. Required.
+ 5-7 years Commercial lending experience and strong credit analysis skills, demonstrating a knowledge of industry best practices and financial concepts. Required
+ Strong analytical, decision-making and problem-solving skills.
+ Strong interpersonal and collaboration skills; comfortable dealing with a large span of people across all levels of the organization.
+ Strong communication skills – verbal, listening, written, and presentation.
+ Solid financial business acumen and ability to interpret and understand of financial reports and presentations regrading credit portfolio performance.
+ Strong computer skills including use of the Microsoft Office suite and ability to learn new business software as needed.
+ Strong understanding of market orientation - uses knowledge effectively with internal and external customers.
+ Ability to train and present to small and large audiences or has interest and ability to learn to train and present.
+ Ability to stay current on legal and regulatory requirements applicable to the bank’s portfolio
Job Location(s): Ability to work fully onsite at posted location(s).
Redding, CA, Roseville, CA, Santa Rosa, CA, South Jordan, UT, Eugene, OR, or Phoenix, AZ
Our Benefits:
We offer a competitive total rewards package including basewagesand comprehensive benefits. Thepayrange for this role is$123,000.00 - $180,000.00,and the pay rate for theselected candidate isdependent upon a variety of non-discriminatory factors including, but not limited to, job-related knowledge, skills, and experience, education,and geographic location. The rolemay beeligible for performance-based incentive compensation and those details will be provided during the recruitment process.
We offer eligible associates comprehensive healthcare coverage (medical, dental, and vision plans), a 401(k)-retirement savings plan with employer match for qualifying associate contributions, an employee assistance program, life insurance, disability insurance, tuition assistance, mental health resources, identity theft protection, legal support, auto and home insurance, pet insurance, access to an online discount marketplace, and paid vacation, sick days, volunteer days, and holidays. Benefit eligibility begins the first day of the month following the date of hire for associates who are regularly scheduled to work at least thirty hours weekly.
Our Commitment to Diversity :
Umpqua Bank isan equal opportunityand affirmative actionemployercommitted to employing, engaging, and developinga diverse workforce.Allqualifiedapplicants will receive considerationfor employmentwithout regard to race, color,national origin,religion, sex, age, sexual orientation, gender identity, gender expression, protected veteran status, disability, or any other applicable protected status or characteristics.If you require an accommodation to complete the application or interview(s),please let us know by email: [email protected] .
To Staffing and Recruiting Agencies:
Our posted job opportunities are onlyintendedfor individuals seekingemploymentat Umpqua Bank.Umpqua Bank does not accept unsolicited resumes or applications from agencies and Umpqua Bank will not be responsible for any fees related to unsolicited resume submissions.Staffing and recruiting agencies are not authorized to submit profiles, applications,or resumestothis site or toany Umpqua Bank employeeand any such submissionswill be consideredunsolicitedunlessrequesteddirectlyby a member of the Talent Acquisition team.
Source : Umpqua Bank