Benefits

Job Description

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.

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, Distressed 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.

Benefits:

Integrated PTO annually
Health Benefits (Health, Vision, Dental)
Life Insurance Coverage
401k with 4% company matching

Mindset and Character

At CHC, we look for future employees who demonstrate and have the mindset and character of our following 5 core values:

Outperform

Consistently achieves and exceeds expectations
Has a curiosity to explore new avenues for growth and/or efficiency
Strives for excellence and is accountable for area of responsibility
Encourages other team members to reach such a level
Fundamentally hard working

Diligence

Thoroughly completes tasks at hand
Performs duties in a way that is focused around protecting capital
Employs a level of care and attention to detail in all activities

Responsiveness

Demonstrates prompt and effective communication in all situations
Anticipates the needs of clients and colleagues, acting swiftly to address them
Balances urgency with quality, ensuring timely and thoughtful responses that align with company goals

Communication