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Multiple Levels | Project-Based Consulting Opportunities
Warbird Consulting Partners is seeking experienced Asset Managers for potential receivership and financial institution resolution engagements. Candidates should have experience in asset management, credit analysis, loan workouts, servicing, collateral resolution, and management of distressed or acquired financial assets.
Candidates may be considered at multiple levels based on experience and qualifications.\
Responsibilities
• Manage and analyze loan and asset portfolios, including performing, criticized, classified, delinquent, and non-performing assets.
• Perform credit and financial analysis; evaluate borrower performance, repayment capacity, collateral, guarantor support, and recovery alternatives.
• Develop and execute asset-specific business plans and resolution strategies, including workouts, restructurings, collections, collateral repossession, liquidation, and disposition.
• Manage ORE/OREO and other owned or acquired assets.
• Review loan documentation, servicing agreements, participations, Pooling and Servicing Agreements (PSAs), REMIC structures, investor reporting requirements, and other applicable financial-institution agreements.
• Apply applicable GSE and government loan servicing requirements, including Fannie Mae/Freddie Mac, VA, FHA/HUD, SBA, and FSA standards.
• Support servicing and portfolio conversions, including review and validation of transferred loan and asset data.
• Prepare asset analyses, business plans, recommendations, work papers, and management reporting in accordance with engagement and FDIC requirements.
• Utilize applicable servicing platforms, FDIC systems, and Microsoft Office applications.
Experience Levels
Asset Manager: Generally requires 3+ years of relevant experience in credit analysis, loan workouts, collateral repossession, ORE/OREO, and related asset-resolution activities. Working knowledge of financial-institution contracts and contract principles is expected; the position does not provide legal advice.
Senior Asset Manager: Generally requires 5+ years of asset-management experience, including demonstrated credit analysis and workouts of loans/assets of comparable size and complexity; collateral repossession; ORE/OREO management; asset analysis and business-plan development; and applicable government/GSE servicing standards. May train peers and review subordinate work papers.
Portfolio/Supervisory Asset Manager: Generally requires 7+ years of portfolio management experience involving applicable asset types, including 5+ years of project-management and/or supervisory experience and 3+ years working with complex assets. Experience should include servicing systems, participations, PSAs, REMICs, investor reporting, portfolio conversions, and applicable GSE/HUD/SBA servicing standards. Responsibilities may include staff supervision, training, portfolio oversight, and review of work papers and asset-resolution strategies.
Preferred Background
Professionals with prior experience supporting the FDIC or NCUA, financial institution receiverships, failed-bank asset management, special assets, loan servicing, loan workouts, or bank resolution activities are strongly encouraged to apply.
Clearance is required and Warbird will sponsor qualified candidates.
Work arrangement
Yes
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