Financial Recovery Rep II

Bachelor’s Degree
3 years of experience in commercial/business banking underwriting, lending, credit and/or appraisal required

Develops a liquidation strategy on classified loans up to $500M to minimize losses on a Vendor Finance portfolio.
Presents a summary of action plans to resolve the problem loans to FRG senior management specific to exit strategies.
Analyzes financial plans, negotiates loan collection or restructuring, and recommends/oversees litigation, liquidation to reduce exposure.
Identifying appropriate risk ratings, accrual status and losses, address workout scenarios, communicates data driven results to upper management in a time sensitive environment.
Adheres to bank policies and procedures and complies with legal and regulatory requirements.
Accountable for risk management, compliance and audit performance for area(s) of responsibility whether a supervisor, manager or individual contributor.
Establishes or works with management to develop effective controls and processes to ensure risks are measured, monitored and controlled and compliance requirements.
Maintains current knowledge of risk-related changes that may impact assigned area(s) of responsibility.
Performs other duties as assigned.

Bachelor’s Degree in Business, Finance, or Accounting
Excellent written and verbal communication skills
Strong goal achievement orientation.
Strong attention to detail, sense of urgency, and ability and desire to provide Simply the Best Service to our clients are key in this position.
Ability to work independently in a deadline driven and goal-oriented team environment.
Basic working knowledge of PC applications
Knowledge of bankruptcy laws
Ability to negotiate settlements, repayments and sale of security while adhering to state and federal regulations
Previous experience with Oracle/Apollo/InfoLease / CARS
Working knowledge of exit strategies including bankruptcy, closed business, legal remedies and liquidation strategies