Special Assets Administrator IV-Jobs in Florida
Description
Position Title Special Assets Administrator IV-CRC Real Estate
Line of Business Risk Management/Credit
Company National City
City FL – West Palm Beach
Building Location Code FL171 – West Palm Main Office
Job Type Regular
Job Status Full Time
Job Description Responsible for managing a portfolio of the larger and most complex,adversely graded loans. In general, the commercial loan workout function seeks to minimize the loss exposure in adversely-graded commercial lending relationships, including participation and agented loans, by understanding the collateral, documentation and industry trend and obtaining improvements in the collateral package, correcting or improving documentation or structural weaknesses and provide strategic direction designed to maximize the collection of principal and interest in a timely fashion. This position is responsible for reviewing and understanding strategies to exit or upgrade loan relationships, including bankruptcy, capital structures, collateral valuation and liquidation strategies and may provide overview and direction on critical issues of strategies to junior special asset administrators. Sound credit administrative skills and lending judgment are necessary. Individual would handle a significant size portfolio of direct assigned accounts of the most complex relationships. Position scope would include responsibility for assigned defaulted loan expense budget, and would require responsibility for managing legal, ORE income and expenses. Would manage the larger zero balance charge offs. Overall, would be responsible to maximize the recovery of principal, interest and manage defaulted expenses and OREOA along with charge offs loans.
Knowledge is normally acquired by completion of 4 years of college resulting in a bachelor’s degree or equivalent. Five or more years applicable experience in managing a commercial or problem loan portfolio, credit training, documentation knowledge, knowledge of bank products/services and regulatory issues.https://sjobs.brassring.com/1033/ASP/TG/cim_jobdetail.asp?partnerid=15783&siteid=5130&jobId=416968
Tags:
Stats:
Item Location
Images
There are no images