Job description
POSITION SUMMARY
Responsible for the relationship management, collection and restructuring of the Bank’s problem loans. Approves transactions within delegated authority. Interacts with customers, other bank departments, the Bank’s Chief Credit Officer, examiners and auditors to report the risks of assigned loans. Negotiates sale or liquidation of the assets securing these loans when necessary. MAJOR RESPONSIBILITIES • Analyzes all risks (financial, collateral, structural and legal) of the bank’s higher risk loans to structure a workout solution that maximizes collection from these troubled borrowers in the most expeditious manner possible.