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:

Manage, lead and direct the Special Assets Department (SAD). Develop strategies, policies and procedures to resolve and/or restructure problem commercial loans through a workout process, bankruptcy, litigation, foreclosure and/or liquidation of collateral.

• Responsible for ensuring commercial workouts, collections and charge-off accounts are handled appropriately. Provides advice and guidance to lending officers on non-special asset accounts.
• Supervise functional group level managers in the commercial workout, foreclosures/recovery, small business lending collections, operations and other real estate owned sales.
• Develop and implement strategies, policies and procedures to resolve and/or restructure problem commercial loans through a workout process, bankruptcy, litigation, foreclosure and/or liquidation of collateral.
• Coordinate with outside legal counsel in the mitigation of legal matters, as necessary.
• Prepare management reports, incentive compensation plans and budgets, as required.
• Responsible for overseeing the disposition of bank Other Real Estate Owned (OREO) collateral.
• 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 the 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 business or related field required.
• Master’s Degree desired.
• 7-10 years of experience in credit and financial analysis in, preferably in a commercial lending environment.
• 7-10 years of experience managing or leading a team, specifically related to Special Assets.
• Extensive knowledge of regulatory and compliance requirements.
• Extensive knowledge of commercial lending policies and procedures.
• Extensive knowledge of commercial lending and credit management.
• Proven ability to effectively manage and develop others in a quantitative and operational process setting.
• Proven leadership, organizational, negotiation, decision making, problem solving, and analytical abilities.
• Experience in creating and implementing banking policies, procedures, practices and documentation.
• Proven ability to drive results in a team oriented, goal driven environment and partner with other leadership to maximize results.
• Possess strong analytical, negotiation, problem solving, interpersonal, and public relations skills.
• Possess excellent written and verbal communication skills.
• Proficient in word processing, spreadsheet, and database software. Word, Excel and Access preferred. Possess the ability to quickly learn in-house software.
• Advanced knowledge of bankruptcy, litigation, foreclosure of personal and real property and disposition of repossessed collateral
  
  

Job Location: Ability to work fully onsite at posted location(s)

3111 Camino Del Rio North Suite 200

San Diego, CA 92108

Our Benefits:

We offer a competitive total rewards package including base wages and comprehensive benefits. The pay range for this role is $115,000 to $160,000, and the pay rate for the selected candidate is dependent upon a variety of non-discriminatory factors including, but not limited to, job-related knowledge, skills, and experience, education, and geographic location. The role may be eligible 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 is an equal opportunity and affirmative action employer committed to employing, engaging, and developing a diverse workforce. All qualified applicants will receive consideration for employment without 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 only intended for individuals seeking employment at 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 resumes to this site or to any Umpqua Bank employee and any such submissions will be considered unsolicited unless requested directly by a member of the Talent Acquisition team.