Director of Commercial Loan Asset Management

Director of Commercial Loan Asset Management Location: Illinois or Florida We are seeking an experienced Director of Commercial Loan Asset Management to lead the strategic oversight and performance of a diverse commercial loan portfolio. This role will drive asset performance, risk management, and operational efficiency while maintaining strong relationships with clients, borrowers, and internal stakeholders. The ideal candidate is a seasoned commercial lending professional and team leader who can balance portfolio oversight, borrower engagement, and team development while ensuring compliance, portfolio health, and long-term growth. Anticipated Salary: $160,000 u2013 $220,000 (DOE) Benefits: Medical, Dental, Vision, HSA, and a competitive benefits package Key Responsibilities Portfolio & Asset Management + Provide strategic oversight of a diverse portfolio of commercial loans , ensuring servicing obligations, covenant compliance, and performance expectations are met. + Monitor overall portfolio health, identifying emerging risks and implementing strategies to protect asset value. + Review borrower financials and operational performance to assess repayment capacity and credit risk . Leadership & Team Development + Lead, mentor, and develop the commercial asset management team , fostering a culture of accountability, collaboration, and continuous improvement. + Provide coaching, performance management, and technical guidance to strengthen team expertise. + Ensure operational consistency and best practices across asset management functions. Client & Stakeholder Engagement + Serve as a primary relationship partner for borrowers, clients, and internal stakeholders. + Collaborate closely with servicing, credit, and operations teams to support seamless portfolio management. + Communicate portfolio performance and risk insights to executive leadership. Risk Management & Loan Workouts + Proactively monitor underperforming and nonperforming credits , developing strategies to mitigate risk and preserve collateral value. + Lead borrower negotiations related to loan restructures, workouts, and foreclosure actions when necessary. + Coordinate with legal and internal teams to manage recovery strategies and asset resolution. Process Improvement & Reporting + Develop and enhance asset management policies, procedures, and reporting frameworks to improve operational efficiency and transparency. + Evaluate technology tools and workflows to optimize portfolio management processes. + Deliver detailed portfolio analysis and reporting to senior leadership to support informed decision-making. Qualifications + Bacheloru2019s degree in Business, Finance, Accounting, or a related field (or equivalent experience) + 15+ years of experience in commercial lending, loan servicing, asset management, or credit administration + Deep knowledge of commercial loan documentation, collateral management, and loan workout strategies + Strong financial analysis skills with the ability to evaluate borrower financial statements and credit performance + Proven leadership experience managing and developing teams + Excellent communication and presentation skills with the ability to interact with senior leadership and clients + Proficiency with Microsoft Office Suite ; experience with commercial loan servicing or asset management platforms preferred + Demonstrated ability to exercise sound judgment, solve complex problems, and manage multiple priorities in a fast-paced environment Why Join Us This is a unique opportunity to lead the strategic management of a commercial loan portfolio while shaping the processes, systems, and team responsible for protecting and growing asset performance. We offer a collaborative and mission-driven environment where your leadership and expertise will directly impact portfolio performance, client relationships, and long-term business success. Compensation & Benefits + Competitive executive-level salary with performance-based incentives + Comprehensive benefits including medical, dental, vision, HSA, life, and disability coverage + 401(k) retirement plan + Paid vacation, holidays, and personal time + Business casual work environment with opportunities for professional growth and advancement If you meet the above qualifications and would like to apply for this position, please click APPLY NOW and upload your most current resume or you may email your resume to our recruiter, Heather Dean-Murphy at . Please include

Created: 2026-03-11