Bank Collections Manager

Our client, a regional bank in New England, is hiring a Collections Manager to manage problem commercial and consumer loans and drive recoveries. This role focuses on workouts, restructurings, and collections across a mixed portfolio. This role will also be overseeing the team on the day to day and preparing regular reports on the delinquent loans. Responsibilities Manage a portfolio of criticized/classified commercial loans Lead the collections team. Prepare regular reports on the portfolio. Develop and execute workout and recovery strategies (restructures, forbearance, liquidation) Analyze borrower financials, guarantor strength, and collateral Negotiate with borrowers, attorneys, and other stakeholders Track performance, update risk ratings, and maintain accurate reporting Partner with credit, lending, and legal teams Prepare credit memos and portfolio updates for management Requirements 5+ years in commercial banking, with experience in special assets, workouts, or credit Supervisory experience Strong understanding of commercial loan structures, documentation, and collateral Solid financial analysis and problem-solving skills Experience handling difficult borrower situations and negotiations #J-18808-Ljbffr JCW Group