Position Overview
Description
Summary:
The Senior Financial Recovery Rep develops resolution strategy on classified (special asset) loans to minimize losses on current Middle Market Large Corp/Mid Corp/ Sponsor Finance portfolio. Responsibilities include analyzing financial plans, negotiating loan collection, or restructuring, and recommending/overseeing litigation, liquidation or charge off-of loan. Works with moderately large and complex loans. May coach less experienced employees.
Duties & Responsibilities:
+ Develops resolution strategy on classified (special asset) loans to minimize losses on current loan portfolio:
+ Middle Market
+ Large Corp
+ Mid Corp
+ Sponsor Finance
+ Analyzes financial plans, negotiates loan collection or restructuring, and recommends/oversees litigation, liquidation or charge-off of loan.
+ Works with business line loan officers to manage non-pass rated borrowing relationship.
+ ...