Job Title

Title: Assistant Manager, C&I Special Assets Job Location: Livermore, CA Hiring Salary Range: $115,900.00 to $156,500.00 annually Position Summary Fremont Bank - one of the Bay Area's most respected and long-standingfinancial institutions - is seeking a strategic, hands-on professional to joinand help advance our Commercial Special Assets team. This is a high-impactopportunity to contribute to the success of a mission-driven organizationcommitted to excellence, community service, and strong client relationships. If you're energized by purpose-driven work, collaboration, and deliveringmeaningful results, we'd love to connect. Founded in 1964, Fremont Bank is one of the oldest independently ownedbanks in the Bay Area and has been consistently recognized as a Top Workplacefor the past 15 consecutive years. Our foundation is built on relationships -with our clients, our associates, and our communities. We offer: A people-first culture grounded in inclusion and excellence Deep community involvement and local reinvestment A mission-driven workplace where values and performance go hand in hand The Fremont Bank Way Full-Service Banking with comprehensive financial solutions, advanced technology, and exceptional service No-Compromise Approach - we help clients get to "yes" Core Values: o Go above and beyond for clients o Foster a supportive and empowering environment for associates o Deeply invest in the well-being of our local community PositionOverview As the Assistant Manager, C&I Special Assets you will supportthe restructuring of distressed borrower relationships and adversely gradedloans within the Bank's portfolio. This includes secured and unsecuredcommercial loans, land and construction loans, income property loans, andprivate banking lines. Key responsibilities include underwriting and managingclassified loan relationships, collaborating with the SAD Credit Analyst onmonthly and quarterly reporting, and contributing to the department's goal ofreducing classified assets and minimizing loan losses. You'll ensure compliancewith all relevant laws, regulations, and internal lending policies. This role involves detailed financial analysis, including cashflow assessments and impairment evaluations, and requires both independent andteam-based work to meet departmental and organizational objectives. Role and Responsibilities Assist with special projects such as annual loan monitoring, Credit Review and/or Audit Request as needed Manage a portfolio of criticized and classified loans as assigned, to minimize delinquency and charge-offs 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 Bank Obtain, manage, and dispose of repossessed assets in an efficient and timely manner Ensure the risk rating, accrual status and loan loss provisions of the assigned portfolio accurately reflect the risk of those assets Ensure that downgrades and/or charge-offs are recommended on a timely basis. Provide guidance 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 Negotiate with debtors or their representatives to secure repayment agreements and monitor adherence to the terms of approved repayment agreements. After overseeing the negotiation process, submit modifications and/or recommendations for approval to the appropriate committee. Assist with special projects such as annual loan monitoring, Credit Review and/or Audit Request as needed Provides quality and timely analysis and reporting, as required Minimum Qualifications Bachelor's Degree (Finance or Accounting preferred) or 5 years equivalent experience in workouts Three years plus of experience in loan workout of C&I and CRE Strong understanding of and experience in commercial loan underwriting, structuring, approval and documentation Knowledge of the Fair Debt Collection Protection Act SBA operations and lending experience is desirable Knowledge of the Bay Area industries and real estate market preferred Ability to use understanding of business and other economic issues to logically assess and analyze the potential risks of problem credits for efficient resolution Analytical skills, including strong problem-solving and critical thinking Clear communicator who can respond clearly and persuasively in all situations Original thinker who brings creativity to dealing with work problems and opportunities, meeting challenges with resourcefulness Ability to work in a fast-paced, challenging environment and deliver on time, accurate work Advanced Microsoft Excel skills and competence using Outlook, Word, and PowerPoint Understanding of Global Cash Flow, business financial statements, and spreading software Must be flexible with schedule, including weekends and holidays, to ensure work completion as determined by business needs. Ability to complete typing and numerical entries repetitively, and using a computer forextended periods of time. What Makes Fremont Bank AssociatesThrive? Team Players who go above and beyond to support their colleagues Action-Oriented professionals who challenge the status quo and seek improvement Purpose-Driven individuals who understand and champion the bank's community impact Benefits SnapshotHealth & Wellness Medical, dental, and vision insurance Flexible Spending Accounts (FSA, Dependent Care, Health Savings) Financial & Retirement Employee Stock Ownership Plan (ESOP) 401(k) with employer match Performance-based bonuses or incentives Work-Life & Perks Paid holidays, vacation, and sick time Free personal checking and savings accounts Home loan rate discounts Tuition reimbursement and professional development resources On-site gym and discounted health club memberships Employee Assistance Program (EAP) Equal Opportunity Employer Fremont Bank is proud to be an Equal Opportunity Employer. We arecommitted to creating an inclusive environment for all employees, regardless ofrace, color, religion, sex, gender identity, sexual orientation, nationalorigin, age, disability, veteran status, or any other protected classification. Salary Range The hiring salary range for this position is $115,900.00 to $156,500.00 annually,based on factors such as experience, skills, education, and internal equity.Compensation decisions are made in consideration of these factors and inalignment with Fremont Bank's compensation philosophy. Employee Stock Ownership Plan (ESOP) The Employee Stock Ownership Plan (ESOP) is a way for Fremont Bank tocontribute to the financial well-being of associates by making a contributionto their retirement account. In addition, the ESOP provides associates anopportunity to share in the growth and prosperity of Fremont Bank. Note to Search Firms: Fremont Bank does not accept unsolicited resumes from search firms oragencies without a signed service agreement. Unsolicited resumes will beconsidered the property of Fremont Bank, and no fees will be paid.