Collateral Asset Strategist

The Collateral Asset Strategist role is designed for an experienced professional with a strong background in loan review, credit analysis, and credit workout. We are seeking an individual who can work closely with lending and borrowing institutions to secure collateral, equity, or other assets of the borrower.

1. Credit Review and Restructuring

• Coordinate with borrowers to review and restructure credit and repayment terms when possible.
• Analyze and restructure credit and repayment terms to better secure collateral, attain an equity position, or establish recourse to other borrower assets against charge-off.
• Conduct a comprehensive assessment of the Borrower's ability to perform under potential debt restructures, forbearance agreements, and/or loan modifications.

1. Portfolio Management/Credit File Review

• Maintain regular customer contact; ensure financial data remains current and compliant with loan agreement terms.
• Perform thorough reviews of credits; evaluate the Borrower and Guarantor's financial condition, repayment capacity, and the Bank's collateral position to assign an appropriate risk rating and assess accrual status.

1. Charge-Off Minimization

• Develop practices and procedures to minimize loan charge-offs from non-performing loans and return such credits to performing status if possible.

1. Negotiation

• Negotiate with attorneys, debtor company management, representatives of other creditors, and lending personnel from other companies to secure appropriate repayment agreements on their loans.

1. Fund Recovery

• Develop strategies to recover principal from borrowers whose non-performing loans have been charged off.
• Collaborate with commercial lending, legal, and other departments to maximize recovery of such funds.

We offer a competitive salary range of $120,000 - $180,000 per year, based on experience, as well as excellent benefits and opportunities for professional growth.