SVP, Managed Assets

Responsibilities

• Direct all aspects of collections, account workouts, litigation, and management of challenging borrower situations to ensure effective resolution strategies.
• Conduct detailed financial and cash flow analyses to identify viable solutions for borrowers and problem loans.
• Manage reporting functions, including the Bank's Watch List, Criticized Asset Reports, and Delinquency Reports, while chairing the Troubled Asset Review Committee.
• Represent the organization at foreclosure auctions and oversee property management post-foreclosure.
• Address and resolve account and collateral issues across diverse loan portfolios.
• Provide training and mentorship to lenders, management, and entry-level staff to enhance organizational expertise in workout disciplines.
• Lead recovery activities independently and collaborate with collections specialists and line officers to achieve optimal outcomes.
• Develop and implement innovative strategies to mitigate losses and improve loan performance.
• Serve as a trusted advisor to the organization, offering insights and recommendations on challenging borrower situations and recovery processes.
• Ensure regulatory compliance and maintain high standards of operational excellence.

Requirements

• Minimum of 10+ years of experience in collections, bankruptcy, foreclosure, and loan workout within a banking environment.
• Proven expertise in managing C&I (including Small Business) and Commercial Real Estate loan workouts.
• Demonstrated ability to perform advanced financial and cash flow analysis.
• Exceptional negotiation, communication, and interpersonal skills.

Qualifications

Experience in a banking environment, with a focus on collections, bankruptcy, foreclosure, and loan workout.

Skills

• Strong analytical and problem-solving skills.
• Excellent communication and interpersonal skills.
• Ability to manage complex financial and legal matters.
• Knowledge of regulatory requirements and compliance procedures.

Benefits

Medical, vision, dental, and life and disability insurance.

Pay

TBD

Schedule

TBD

Robert Half

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