Special Assets Officer

Job Title

Responsibility:

• Managing a portfolio of problem consumer, commercial, and real estate loans.
• Developing and recommending strategies to maximize recovery and reduce losses from own portfolio of commercial credits.
• Working closely with borrowers, executives, attorneys and mid-size company groups to review and restructure credit and repayment terms to better secure collateral, attain an equity position or charge-off the loan as appropriate.
• Managing the largest and most complex consumer, commercial, and real estate loan portfolio, including fulfilling a lead agent role in syndicated credits.
• Utilizing a high degree of independence in managing a large portfolio of a diverse and complex nature.
• Directing and administering multifaceted action plans strategies with considerable autonomy and judgment.

Requirements:

• Bachelor's Degree.
• Minimum of 5 years of experience in special assets in C&I, Real Estate, and/or fulfilling a lead agency role of a syndicated credit.
• Thorough working knowledge of analysis of corporate financial statements and commercial/corporate structure required.
• Demonstrated ability to analyze credit and to develop and negotiate repayment terms with mid-size companies and high net worth individuals.
• Strong working knowledge of loan restructuring and re-negotiation of interest rates, terms, collateral requirements, documentation and loan agreements.
• Excellent verbal and written communication skills to interact effectively with all levels of Bank personnel and customers.