About this role
Role Overview
- Assist in the management of a portfolio of pass rated, criticized, classified, non-performing and charged off credit relationships
- Minimize charge-offs and maximize recoveries by collaboratively developing and implementing workout, restructuring and/or exit plans
- Develop positive relationships with customers, line of business personnel and other professionals
- Negotiate skillfully with customers and other constituencies
- Communicate clearly and adhere to all corporate compliance guidelines
- Review and analyze loan documentation, financial statements to assess risk and estimate recovery potential
- Develop, recommend and implement workout/liquidation strategies for problem loans
Requirements
- High School Diploma or equivalent, Associate or Bachelor's Degree in Finance, Accounting or related field
- 2+ years related Commercial or Default experience
- Financial statement analysis experience, 1+ years (preferred)
- Bankruptcy/workout experience (preferred)
- Knowledge of SBA standard operating procedures and regulations (preferred)
- Knowledge of commercial credit products and loan documentation (preferred)
- Knowledge of creditors rights, collection practices, and bankruptcy (preferred)
- Knowledge of compliance (preferred)
- Knowledge of Bank regulations (preferred)
Benefits
- Eligible for incentive compensation which may include production, commission, and/or discretionary incentives
- Health insurance
- Flexible work arrangements