VP, Resolution Management
Enterprise Bank & Trust · Olathe, KS · 3 wk ago
Business Development$500k/yrFull-time
Summary
Job Title: VP, Resolution Management
Enterprise Bank & Trust was founded in the spirit of entrepreneurship and community. With offices in Arizona, California, Florida, Kansas, Missouri, New Mexico, Nevada and Texas, we're strong, growing and committed to supporting the communities we serve. We extend this commitment to our associates, offering annual paid volunteer time off and charitable-matching opportunities.
Essential Duties And Responsibilities
- Reduces the bank's exposure to loss in commercial loan workouts.
- Develops and implements a plan of action to protect and improve the bank's position through negotiating satisfactory repayment schedules, obtaining additional collateral and/or restructuring as appropriate.
- Analyzes financial statements and related information to determine the financial condition and trajectory of the Borrower. Makes recommendations for additional action as a result of that analysis.
- Maintain low delinquency ratios in the assigned portfolio.
- Prepares periodic reports to management.
- Reviews existing loan documentation for errors and omissions, and takes appropriate corrective action.
- Negotiates satisfactory repayment schedules, forbearance agreements, and settlement agreements as needed.
- Obtains additional collateral and/or restructuring as appropriate.
- Ongoing monitoring of existing loans for conformity to terms and conditions.
- Actively participates with and assists senior lending officers on larger, more complex credits.
- Makes recommendations to reduce loss and increase profits.
- Makes recommendations to reduce loss and increase profits.
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