VP, SPECIAL ASSETS
To apply, please email your resume to hr@cvlending.com.
CONVENTUS MISSION AND VISION
Conventus Holdings Corporation was envisioned and created to reduce the number of economic intermediaries involved in the origination, funding and investment in the $25 billion real estate bridge loan market place. True to the Latin origin of the company’s name, “to bring together,” CHC existence and strength is anchored to a business model that removes unnecessary economic intermediates so that it can provide superior pricing and service to its clients. Our competitive edge in executing our mission is assembling, nurturing, and developing a collaborative group of talented individuals. To that end, diversity of experiences, perspectives, skills, and cultures is core to our mission and team.
POSITION
Full-Time, Salaried, Performance-Based Bonus
LOCATION: San Francisco, CA
Required 4 days per week in the office (Mon-Thu). Please do not apply if this does not align with you.
We are seeking a detail-oriented and highly organized VP, Special Assets to join our team during a pivotal stage in our company's growth. You will play a crucial role in our success by executing on our mission to serve our clients and investors. This position will report to the Managing Director, Capital & Credit and presents an incredible opportunity to help build the Special Assets department at Conventus. The ideal candidate should have lending experience and have a genuine desire to go the extra mile for our customers.
Responsibilities:
Manage a portfolio of criticized and classified loans as assigned, to minimize delinquency and charge-offs
Provides quality and timely analysis and reporting, as required
Meet with problem loan customers to evaluate the severity of the problem and develop recommendations to improve the likelihood of repayment and minimize risk of loss to the lender
Negotiate with debtors or their representatives to secure repayment agreements and monitors adherence to the terms of approved repayment agreements
Obtain, manage and dispose of repossessed assets in an efficient and timely manner
In collaboration with Head of Capital and Credit, may be assigned to lead team to manage bankruptcy and foreclosure processes, which would include interactions with legal counsel
Collaborate with Servicing department regarding the early identification, evaluation of and potential strategies for deteriorating loan situations to lending staff on smaller, non-complex business purpose credits not formally assigned to Special Assets to minimize losses and maximize recoveries
Review credit and collateral quality to determine appropriate course of action for SAD loans.
Communicate with the portfolio team weekly and monthly on past due accounts.
Assist with the creation and analysis of monthly and quarterly reports for the leadership committee.
Identify opportunities and provide recommendations for department efficiencies, process and procedure improvements, and overall team success.
Evaluate NPLs, recommend solutions, and drive results.
Requirements:
Bachelor’s degree in business, finance, economics, or related major preferred
Minimum 5 years of direct Special Asset experience within residential commercial and/or construction lending
Demonstrate proficiency in portfolio management and monitoring, and negotiation of troubled loans
Strong communication, organizational, and collaboration skills.
Proficient in interpreting legal documents and using tools like Outlook, Excel, Word, and PDFs.
Independent, strategic thinker with a drive for excellence and team success.
Self-motivated, adaptable, and effective in fast-paced environments.
Character
Ethical
Team player
Dependable
Personable
Flexibility and responsiveness to adapt quickly to changing requirements
High level of passion and motivation for learning new skills
desired characteristics
Mindset and Character
At CHC, we look for future employees who demonstrate and have the mindset and character of our following core values:
Deliver Extraordinary Client Experience:
Demonstrate unwavering responsiveness and dedication to delighting clients at every touchpoint.
Take Responsibility:
Be proactive, know what you are responsible for, act with integrity and follow through to the end.
Respond with Urgency and Care:
Balance speed with quality, ensuring that every response is both timely and impactful.
Grow Together:
Grow together through a culture of intellectual curiosity, collaboration and celebration.
CONVENTUS BENEFITS
Integrated PTO annually
Health Benefits (Health, Vision, Dental)
Life Insurance Coverage
Pre-tax commuter fund
Pre-tax medical fund
401k
DEPARTMENT
Special Assets