Position Overview
Description
We are seeking an experienced leader to oversee the Managed Assets Group within a banking environment with offices in MA & NH. This position requires a strategic thinker skilled in problem loan resolution, borrower engagement, and team leadership. You will play a vital role in guiding the bankβs recovery efforts, ensuring compliance, and driving results through collaboration and expertise.
Responsibilities:
+ Direct all aspects of collections, account workouts, litigation, and management of challenging borrower situations to ensure effective resolution strategies.
+ Conduct detailed financial and cash flow analyses to identify viable solutions for borrowers and problem loans.
+ Manage reporting functions, including the Bank's Watch List, Criticized Asset Reports, and Delinquency Reports, while chairing the Troubled Asset Review Committee.
+ Represent the organization at foreclosure auctions and oversee property manageme...