Commercial Loan Workout/CRU Officer - Credit Resolution

SUMMARY:

This positionis responsible foradministration of a portfolio of troubled and/or distressed Commercial and commercial real estate credits. The primary duties of this position include developing and implementing credit administration strategies that minimize the Bank'spotential loss on each assigned credit. This position requires a thorough knowledge of commercial credit underwriting and commercial collection practices, and the ability toeffectively negotiateappropriate exitor remediation strategies with borrowers. This position works closely with Bank management, lendingstaffand legal counsel to protect theBank's interests and ensure compliance with all applicable laws and regulations.

ESSENTIAL DUTIES AND RESPONSIBILITIES: To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or abilityrequired. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Review loan files upon assignment to understand the transaction and circumstances.

Takes appropriate actionto enforce the Bank's right or position with respect to the loan and collateral.

Discuss issues with supervisor, other management personnel, and/or legal counsel to develop strategies and solutions.

Appropriately document loan files with respect to action taken andpertaining toeach assigned account.

Works with third parties whenappropriate todispose of collateral.

Interacts with and directs the activities of commercial banking officers on accounts that are being handled on a shared responsibility basis.

Review, analyze and interpret financial statements, perform cashflowand personal financial statement analysisin order toassess the financial strength of a borrower.

Respond to common inquiries or complaints from customers, regulatory agencies, or members of the business community.

Maintain a comprehensive knowledge of applicable state and federal regulations relating to collections and/or workouts and ensure that the Bank's policies and procedures are compliant with the same.

Develop and implement credit administration strategies that minimizethe Bank's potential loss.

Work with department management, Executive Management, Credit Officers and legal counsel to ensure assigned accounts are managedin accordance withBank's Credit Policy and applicable laws and regulations.

Make, review, and approve foreclosure sale bid recommendations

Review and evaluate real estate and equipment liquidation scenarios for CRU officers

Review foreclosure bidding instructions for CRU officers and provide input on the same

Review and evaluate collateral for commercial lenders as needed

Act as the liaison between the department and vendors for real estate, equipment, vehicle sales as needed

OTHER REQUIREMENTS:

Banking is a highly regulated industry and you will be expected to acquire and maintain a proficiency in the Bank's policies and procedures, and adhere to all laws, rules and regulations that are applicable to your conduct and the work you will be performing.You will also be expected to complete all assigned compliance trainingin a timely manner.

Professional appearance and demeanor

Possess clear, concise, effective written and oral communication skills to effectively express thoughts,ideasand concepts to bank employees and bank customers.

Ability toidentifyredundancies and inefficiencies, makerecommendationsand successfully implement a solution.

Ability to quickly assess a situation andmake a decision.

Ability to work in a fast-paced environment with competing demands of time and resources.

Demonstrate confidence, assertiveness,professionalismand ability to interact with all levels of the organization.

Ability toidentifyand assess issues and makeappropriate recommendationsor decisions.

Ability to use technological resources to maximize efficiency.

Effective organizational skills with attention to detail and promptness.

Good negotiation skills.

Understanding ofresidential and commercial facilities and knowledge of building codes.

MS Office, including Word,Exceland Outlook.

Must have a valid driver's license

Overnight travel isrequired

College degreestronglypreferred.

Minimum of 3 years' experience in commercial Banking or Loan Reviewrequired.

Previousknowledge and experience in the maintenance and sale of real estate isrequired.

Knowledge of vehicle and equipment evaluation is preferred.

Construction project management is preferred.