Senior Asset Recovery Relationship Manager - Philadelphia, PA

Only for registered members Philadelphia, PA, United States

3 days ago

Default job background

The Senior Asset Recovery Relationship Manager will be responsible for the collections/restructuring and relationship management of problem CRE and C&I loans with exposure up to or over $10,000,000 within the real estate or commercial lending portfolio.

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  • Analyzing cash flows, financial statements,and collateral to determine the most effective strategy to maximize collection amounts and timeliness.
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  • Maintain regular contact with borrower(s) and/or guarantor(s), recommend and implement legal action with the assistance of outside counsel if necessary upon default (ie foreclosure levies attachments bankruptcies ensure proper collection proceduresand techniques are followedand documented in accordancewith local stateandfederal lawsandregulations).
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  • Maintaincollectionandaccountupdates through Problem Loan Reports.
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