Financial Recovery Representative II - Default Services

Responsibilities Manage a portfolio of substandard Business Banking loans Work with customers, attorneys and liquidators to gently exit borrowers unable to maintain their relationship with HNB Develop a litigation and or liquidation strategy on classified loans up to $500M to minimize losses Present a summary of action plans to resolve the problem loans to FRG senior management Analyze financial plans, negotiate loan collection or restructuring, and recommend/oversee litigation, liquidation to reduce exposure Identify appropriate risk ratings, accrual status and losses Address workout scenarios, communicate data driven results to upper management Adhere to bank policies and procedures and comply with legal and regulatory requirements Accountable for risk management, compliance and audit performance Establish or work with management to develop effective controls and processes to ensure risks are measured, monitored and controlled and compliance requirements Maintain current knowledge of risk-related changes that may impact assigned areas of responsibility Requirements HS or GED 3 or more years of experience in commercial/business banking underwriting, lending, credit and/or appraisal required Bachelor's Degree in Business, Finance, or Accounting (preferred) Excellent written and verbal communication skills Strong goal achievement orientation Strong attention to detail, sense of urgency, and ability and desire to provide Simply the Best Service to our clients Ability to work independently in a deadline driven and goal-oriented team environment Basic working knowledge of PC applications Knowledge of bankruptcy laws Ability to negotiate settlements, workouts and sale of security while adhering to state and federal regulations Experience with Real Estate Foreclosure process Previous experience with AFS / Velocity / RETS / CARS Strong working knowledge of SBA loans and the associated workout process to ensure compliance with SBA Standard Operating Procedures Working knowledge of exit strategies including bankruptcy, closed business, legal remedies and liquidation strategies #J-18808-Ljbffr Jobtailor