Special Assets Officers (w / transition into Commercial Lending / Relationship Manager role in the future)
Location: Georgia, Louisiana
Description: NBN, Inc. is in need of Special Assets Officers (w / transition into Commercial Lending / Relationship Manager role in the future) right now, this occupation will be ordered in Louisiana. For complete informations about this occupation opportunity kindly read the description below. (Please note: Candidate! s with partial or imcomplete profiles will not be reviewed.)The Special Assets Officer is responsible for managing and monitoring a portfolio of complex commercial loans. Responsibilities include developing collection strategies, action plans, negotiating and implementing plans to maximize the bankâs recovery. ⢠Develop collection strategies and action plans for problematic loans ⢠Prepare detailed analysis and provide recommendations of the collection and actions plans ⢠Negotiate with borrowers, attorneys and companies to review and re-structure credit and repayment terms ⢠Implement recovery plans that minimize risk and loss to the bank ⢠Interacts with the spectrum of commercial bank customers experiencing financial distress, displaying tact and persuasiveness ⢠Interacts frequently with lawyers and other outside professionals, both those retained by the Bank and those representing our debtors, setting and pursuing the Bankâs agenda ⢠Seeks to minimize! out-of-pocket legal and non-legal expenses related to loan re! mediation by focusing on cost benefit, recovering expenses from debtors whenever possible; maximizes loan recoveries and fee income
QUALIFICATIONS
Mandatory Minimum Qualifications - Must Have:
- Candidates will preferably have previous special assets experience and formal credit training whenever possible. ⢠Demonstrated sound background in all aspects of commercial and real estate lending; particularly credit structure and loan policy ⢠Possess and exhibit the ability to analyze credit and develop and negotiate repayment terms with companies and high net worth individuals ⢠Experience with complex credits and strong knowledge of collateral valuation/liquidation ⢠Experience with regulatory agencies, third party loan review, and internal/external auditors ⢠Demonstrated knowledge of legal/regulatory requirements pertaining to banking and collections ⢠Experience with regulatory guidelines regarding appraisal/re-appraisals, and! all other regulatory policies affecting classified/criticized assets ⢠Demonstrated negotiation skills ⢠Strong analytical skills
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If you were eligible to this occupation, please send us your resume, with salary requirements and a resume to NBN, Inc..
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This occupation will be started on: Sun, 28 Apr 2013 06:27:52 GMT