About Us:

Are you someone who seeks opportunity and has a true desire to grow your career with an organization that has enriched the lives of its clients and communities in the Greater Washington region for more than 150 years? If so, Sandy Spring Bank may be the perfect fit for you!?

Sandy Spring Bank is a growing financial services company focused on creating real experiences for our employees, clients, shareholders and communities. ?We are proud to have been certified as A Great Place To Work , recognized by The Washington Post and the Baltimore Sun as a Top Workplace, by Forbes magazine as the #1 Bank in Maryland. It is our employees who play an integral role in shaping who we are as a company and upholding what matters most to us: people and relationships.?

To help us attract the highest quality individuals, we offer a comprehensive benefits package to those who qualify. We offer competitive market salaries, paid time off, multiple retirement savings options, full health care options, life insurance, health care and dependent care flexible spending accounts, career development opportunities, tuition assistance and volunteer opportunities. We are proud to offer those, and so much more, making Sandy Spring Bank a remarkable place to work and build a career.

Sandy Spring Bank is hiring for a Senior Credit Officer, Special Assets. This person is responsible for managing the Special Assets personnel and that segment of the Banks credit approval, administration and review activities. Responsible for credit quality monitoring and providing input into the development and implementation of sound account workout policies and procedures. Works with Relationship Managers and Market Leaders as well as the Special Assets staff on the approval of loan workout strategies to minimize any potential losses to the Bank. Identifies potential problem credits and guides the restructure and/or exit strategy. Manages and develops employees within assigned teams.

MAJOR JOB ACCOUNTABILITIES :

• Management of Teams: Oversees team of loan workout officers and staff personnel. Lead and develop team members by standardizing work templates, and manage work flow capacities.

• Chair Monthly and Quarterly Watch List Meeting: Chairs the monthly and quarterly watch list meetings with line leadership, senior management to review the past due loans and any special assets loans being management by the department or by the line. Responsible for minutes from these meetings.

• Prepare and present reports for executive management: Responsible for preparing and presenting reports, including projections for the monthly CRC Trend meetings.

• Portfolio Management: Manage a loan portfolio consisting of large, complex commercial real estate and/or specialized substandard or criticized credits to minimize credit losses, ensure return matches risk and, where possible, return customers to a satisfactory rating. Recommends appropriate workout plans on these credits which translate into acceptable payments or in the alternative, moves the account towards foreclosure/liquidation. Consults on deteriorating complex credits and recommends the appropriate course of action in handling a problem account. Appropriately monitors the progress of workout accounts and recommends any required changes in action necessary to minimize loss or prevent losses.

• Development and Implementation of Bank Credit Policy, Procedures and Work Standards for Special Assets: Identifies, develops and recommends revision of internal standards, policies, operating procedures and new programs to improve efficiency within the Special Assets area. Monitors compliance with policy for assigned areas.

• Key Business Partner: Works with line staff and managers on the rehabilitation or work-through of loans, ensuring that the credits adhere to existing credit policy guidelines whenever appropriate. Assists with training, development and coordination of special asset officers, portfolio managers and credit analysts when the opportunity exists. Provides guidance and coaching to ensure loan presentations are completed professionally and meet standards of quality. Work closely with the Chief Credit Officer. Participate in pipeline meetings to provide guidance on structure, concentration levels, portfolio management, asset quality, etc.

• Compliance: Ensures conformity with all laws and regulations affecting commercial loans. From time to time, may be called upon to work as a liaison with loan reviewers, state and fed examiners, as needed.

• Bachelors degree in a related field.
• 10+ years of Commercial Real Estate and Acquisition Development and Construction Loan workout experience. Strong knowledge of CRE credit analyses and monitoring progress in consideration of market trends, credit/interest rates, economic conditions and other related factors. Track record of increasingly responsible job related experience.
• 5+ years of experience in a senior leadership role
• Proven interpersonal skills with a strong focus in being able to influence and facilitate cooperation among staff and those departments with which this department has direct, frequent interaction.
• Experience with personal computer systems to effectively develop reports and analyses using standard desktop processing software.

SPECIFIC PHYSICAL REQUIREMENTS:

Work requires reasonable mobility in and around the work area. Ability to use standard computer and phone systems is required.

WORKING CONDITIONS:

Normal office environment where there is almost no discomfort due to temperature, dust, noise, or other disagreeable elements.

Work includes little or no potential exposure to hazardous conditions.

Must be able to travel throughout SSB footprint as needed.

The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required of personnel so classified.

Sandy Spring Bank provides equal employment opportunities to all employees and applicants for employment and 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.

If you require a reasonable accommodation to apply for a position, please call our job line at 1-800-399-5919 and select option 5. Requests are considered on a case-by-case basis.

Sandy Spring Bank partners with various job boards to advertise our openings. Please visit our website, to confirm the validity of the job posting to avoid any potential fraudulent activity. We encourage and recommend all candidates to apply via our website.