Loan Workout Officer II

Responsible for restructuring and working out larger and moderately complex problem business banking, commercial, and / or real estate loans. Interacts with management of the business line and Credit Administration and assigned borrowers to develop a plan of action to either, 1) protect and improve the Bank’s position in the credit through improved loan structure while the company executes on its plan for a turnaround, and /or 2) effects strategies to compel the borrower to exit the bank.

Effectively controls the bank’s collateral position to minimize the Bank’s potential loss on the assigned credit.