BLA Problem Loan Administration II
Description
Line of Business: BUSINESS LOAN ADMIN Job Category: Professional Primary Purpose: Responsible for managing and maximizing the return on the most complex Commercial Watch List ($1,000,000+) relationships. Essential Duties and Responsibilities: Following is a summary of the essential functions for this job. Other Duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time. 1. In cooperation with senior lending and credit personnel, assume primary responsibility for identifying and managing key credit risks for the most sensitive and/or complex relationships on the Bank’s Commercial Watch List’s ($1,000,000+), including those from Sales Finance, Commercial Finance, Leasing and Vine Street (many of which are in bankruptcy and/or litigation). This would include the management of large complex real estate acquisition & development loans as well as complex construction loans. 2. Negotiate effective repayment plans with borrowers and their attorneys that incorporate highly complex credit analysis and specialized salesmanship skills to prevent or mitigate loss to BB&T. 3. Oversee and manage relationships with outside counsel in development, drafting, execution and enforcement of complex documentation needed to achieve workout goals. 4. Manage the recovery of large commercial charge-offs and write-downs incurred by BB&T. 5. Monthly, provide Executive Management with a detailed written report on all $2,000,000+ managed relationships and verbally report of same to the High Risk Loan Committee. 6. Monthly, provide Executive Management specific forecasting for non-performing assets and charge-offs. 7. Quarterly, provide Executive Management with a detailed written report on all $1,000,000 to $2,000,000 managed relationships and verbally report of same to the High Risk Loan Committee. 8. Quarterly, provide Executive Management a report that indicates whether or not each $2,000,000+ managed relationship is impaired or not. If impaired, also provide Executive Management with a highly complex analysis of each impaired relationship’s loan loss reserve requirement. 9. Provide leadership and coaching in helping identify effective strategies to mitigate the risk of loss on the most complex $10,000,000+ risk grade 6 relationships. 10. Provide leadership and coaching in helping identify effective workout strategies to promptly resolve other problem loans, as requested by SCOs and/or RLAs. 11. Provide feedback on the workout strategies employed on smaller, regionally managed problem business loans by regularly attending the quarterly Problem Asset Review portion of the Regional Loan Review Committees. 12. Communicate the Bank’s policies and procedures as appropriate to other bank personnel who are engaged in activities related to problem loan management. 13. Assist the Manager, Problem Loan Administration in the maintenance of a thorough database of professional workout resources (attorneys, crisis managers, refinancing sources, capital resources, liquidators, etc.). 14. Assist the Manager, Problem Loan Administration in the development and implementation of “best practices” for the Department. Required Skills and Competencies: The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. 1. Bachelor’s degree in business or comparable education and related training 2. Five years of commercial lending experience 3. Ten years of experience in problem loan workouts 4. Superior negotiating and interpersonal skills 5. Superior independent decision making skills and overall good judgment with ability to function at highest level in dynamic and at times highly adversarial environment that requires resolution of unique and complex problems in cooperation with outside legal counsel and consultants 6. Ability to use basic computer applications such as Microsoft Word, Excel and PowePoint 7. Ability to travel, frequently overnight Desired Skills 1. Graduate degree in business
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