Asset Quality Review Supervisor

Job Description

Job Description

Summary : This position is responsible for assisting the AQR Manager in overseeing the daily activities of the AQR analysts, performing complex asset quality review reviews and analyses for Multifamily and Non-Owner Occupied Commercial Real Estate portfolios and Top 25 borrowers’ analyses.

Serve as point of contact / mentor for team members and assist training staff as necessary. Assists AQR Manager in carrying out required monitoring of the investor portfolio.

Salary Range : The salary range budgeted for this position is $78,200 / yr to $112,700 / yr and represents the Company's good faith minimum and maximum range for this role at the time of posting.

The compensation offered to a candidate may vary depending on several factors, including a candidate's qualifications, skills, competencies, experience, and location.

The Company also offers various benefits, including medical, dental, vision, and 401K match. Other rewards may include annual performance-based bonuses and wellness days.

Applicants must have current work authorization when accepting a First Foundation Inc. position. Currently, we cannot sponsor or take over the sponsorship of an Employment Visa.

Duties and Responsibilities :

• Understands and complies with requirements of all laws and regulations applicable to the position
• Understands and complies with the requirements of the Bank’s Credit Policy
• Assists the AQR Manager in the supervision of the AQR Analysts’ daily activities.
• Assist in the periodic collection and filing of operating statements, lease summaries, and sponsor financial information of the existing Commercial Real Estate Portfolio (including Multifamily)
• Analyze various types of financial information (e.g. financial statements, tax returns, etc.) provided by borrowers and use this information to complete AQR loan reviews and present results of the analysis to the Asset Quality Review Manager
• Assists AQR Manager in the development and enhancement of processes that ensure the proactive management and continuous coverage of the CRE portfolio, including construction and land loans, and large borrowers.
• Understand and can conclude appropriate risk-rating grades of credits within the Bank’s Credit Policy
• Perform and document property inspections on real property held as collateral on seasoned loans within the Commercial Real Estate portfolio
• Assist in the preparation of asset quality review reports to management, the Board of Directors, and / or regulatory agencies.
• Perform other duties as assigned

Qualifications : To perform this job successfully, an individual must be able to perform each essential duty satisfactorily.

The requirements listed below are representative of the knowledge, skill, and / or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.

Education and / or Experience :

• Minimum of 10-15 years of previous experience as a bank credit analyst or related bank credit experience preferred
• Multifamily and Commercial Real Estate loan analysis experience required
• Strong understanding of lending applicable regulations and loan structure required

Skills :

• PC proficiency in Microsoft Word and Excel
• Highly organized and flexible
• Excellent verbal / written communication skills with the ability to effectively communicate with all levels of personnel.

Self-motivated, detail-oriented team player

• Ability to work under pressure and within prescribed deadlines
• Strong knowledge of business English, spelling, and punctuation
• Organized, independent, and self-motivated with a team player attitude.
• Present a professional image in dealing with customers, interdepartmental and external representatives

Physical Demands : The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.

Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.

While performing the duties of this job, the employee is regularly required to sit; use hands and fingers, handle, or feel;

and talk or hear. The employee frequently is required to stand, walk, and reach with hands and arms. The employee is occasionally required to stoop or kneel.

The employee must occasionally lift and / or move up to 10 pounds (loan files). Specific vision abilities required by this job include close vision, distance vision, peripheral vision, and the ability to adjust focus (heavy use of a computer terminal).

First Foundation is an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, protected veteran status, status as a qualified individual with a disability, sexual orientation, gender identity, or any other characteristic protected by law.