Cadence Bank Looking for Special Assets Relationship Manager II at Memphis, TN  Full Time

Who We Are

Cadence is committed to serving the lifelong needs of our customers. That’s a commitment made possible by our exceptional teammates. Our team members are what set us apart. Friendly, open, personable and committed to excellence, our teammates make up more than just a bank … they make up our communities.

No matter where you are in life or where you’re going, we may have the right career for you.

Competitive Benefits

Cadence offers a competitive and comprehensive benefits package centered on the well-being of our teammates. Some of our benefits include medical, dental, vision, employee assistance program, life insurance, 401(k), Retirement Pension Benefits, parental leave, tuition reimbursement, and more.

Primary Purpose:

The Special Assets Group (“SAG”) was created to assist the Bank’s frontline lending staff with those commercial relationships transferred to SAG to offer a consistent resolution process, address workout opportunities and collection options, oversee the disposition of foreclosed property, and provide uniform and timely reporting. The Special Assets Group Manager’s primary purpose is to supervise the Special Assets Group.

Principal Duties and Responsibilities:

• Supervise, approve and submit loan workouts

• Supervise and manage the OREO maintenance and marketing function

• Initiate and manage the loan transfer process

• Generate and share SAG reporting with appropriate end users

• Establishes and helps attain internal performance objectives for the company.

• Maintain and manage staffing for the Special Assets Group

• Completes annual performance evaluations and recommends salary adjustments.

• Maintain, revise and implement the Special Assets Group procedures

• Actively work assigned loans and OREO

• Participate and make appropriate recommendations in various loan, rated asset, impairment and management committees.

• Represents the financial institution in public relations activities and community affairs.

Job Specifications: (Knowledge, skills, and abilities normally required for competent performance in the job)

• Bachelor’s degree or equivalent work experience.

• Ten years or more lending/workout experience in a financial institution.

• 5 years or more direct experience with adversely related assets

• Excellent interpersonal and communication skills in adverse customer situations.

• Knowledgeable of the Bank’s loan policies and procedures

• Knowledgeable of Regulatory guidelines and laws related to lending practices.

The information on this description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.

Cadence Bank is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, age, sex, sexual orientation, gender identity, disability, veteran status, genetic information or any other status protected under applicable local, state or federal nondiscrimination laws.