At Greater Nevada, our passion is helping more people Live Greater, including our members, communities, and each other.  

With pride, we strive to make a difference in the lives of our members and the communities they live in through financial inclusion, education, and empowerment. Why? Simply because we believe that together, we Live Greater. 

To do this, we practice C.A.R.E. with our Values:

• We Care Genuinely.
• We build relationships because we know that we are Greater Together.
• We Stay Trustworthy as we serve our communities.
• "Be Bright" rings in our ears as we find custom solutions that meet our members' needs.
• We Inspire One Another, our members, and our communities to re-imagine what Living Greater can be.
• In every moment, we Enjoy the Experience. It's what has made the last 70 years greater and what we carry into the future as we continue to serve.

These values have guided us to become the largest Nevada-based credit union to touch the lives of more than 88,500 members and thousands upon thousands of people through our community and philanthropic work.

If you’re enthusiastic, collaborative, and ready to make an impact, we’d love to meet you! 

About The Position:

The Diversified Assets Manager is responsible for managing and optimizing the credit union's portfolio of substandard commercial loans and participations. This role involves analyzing and assessing the performance of diverse asset classes, developing strategic initiatives to mitigate losses, enhance revenue, and ensure compliance with regulatory requirements. The Manager will work directly with members of Senior and Executive Management and requires considerable independent judgment and initiative.

What You'll Be Doing

• Lead, mentor, and develop a team of Diversified Asset Officers or analysts fostering a culture of performance, accountability, and professional growth. Provide training and guidance on best practices in commercial lending and asset management.
• Structures, reviews, prepares and presents complex, written credit presentations including modifications, deferments, liquidation and bankruptcy.
• Ensures timely, accurate completion of quarterly watch list reviews, delinquency reports, and collection efforts for all underperforming loans.
• Monitors areas of responsibility for efficiencies, including write up quality, turn times, and collection efforts and ensures appropriate procedures are in place and adapted as needed
• Inspires collaboration by proactively working across departments to ensure structural integrity of credits throughout loan life cycle and appropriately mitigate risk.
• Oversee the diversified commercial lending portfolio. Monitors the performance of the portfolio, analyzing trends and making recommendations for adjustments to optimize returns and minimize risk.
• Develop and implement strategic initiatives to diversify the asset base and enhance the profitability of the commercial lending division. Collaborate with senior management to align commercial lending strategies with overall organizational goals.
• Identify, assess, and mitigate risks associated with the commercial lending portfolio, ensuring compliance with internal policies and regulatory requirements. Develop and maintain robust risk management frameworks and reporting systems.
• Collaborate with internal stakeholders, including loan officers, risk management, and executive management, to ensure effective communication and alignment of credit administration activities with the institution's overall goals and objectives.
• Build and maintain productive relationships with external stakeholders including participants, investors, auditors, attorneys, regulators, and other industry professionals.
• Participate in Commercial Lending Committees, responsible for providing information and recommendations.

Qualifications

• Bachelor’s degree required
• Minimum 3-5 years of experience in special assets required to include the following: Analyzing financial statements, Negotiating with borrowers and creditors and Restructuring and liquidating assets

Skills & Competencies

• Financial Acumen
• Strong communication skills
• Directs work
• Strategic Agility
• Decision quality
• Inquisitive and adept analytically

Physical Demands

• While performing the duties of your job, you may regularly be required to sit and use a keyboard, multiple monitors, mouse, and telephone (including repetitive motions with hands, fingers, arms, etc.) for extended periods of time. You may also frequently be required to stand, walk, and reach with hands and arms, bend, and kneel.
• You may occasionally be required to lift and/or move up to 40 pounds. Anything above 40 pounds requires a team lift.

Location and Travel Requirements

Greater Nevada Credit Union's Remote Location (excluding California, Colorado and Ohio)

United States

• Located in an idyllic small community in beautiful Northern Nevada 

Compensation & Benefits

• $105,000 - $150,000 per year
• Compensation is dependent on experience
• Medical, dental, and vision plans, where we cover 90% of employee costs and about 75% of the costs for their dependents
• Health Savings Account contributions
• Supplemental insurance and life insurance plans
• Paid time off, including vacation and sick time, 12 annual paid holidays, 2 floating holidays, 1 floating wellness day and sabbatical leave after every seven years of employment
• Paid time to volunteer and make a contribution to the community
• Employee product and service discounts 

Greater Nevada is an Equal Opportunity Employer

Employment at Greater Nevada is based solely on a person's merit and qualifications directly related to professional competence. Greater Nevada prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.

This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.