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Asset Recovery Relationship Manager IV
4 weeks ago
Job Summary
At Wilmington Savings Fund Society, we're seeking a highly skilled Asset Recovery Relationship Manager IV to join our team. As a key member of our commercial lending group, you'll be responsible for managing problem CRE and C&I loans with exposure up to $10,000,000. Your expertise will help us maximize collection amounts and timeliness, while maintaining strong relationships with our clients.
Key Responsibilities:
- Analyze cash flows, financial statements, and collateral to determine effective collection strategies.
- Recommend and execute collection strategies, including legal action when necessary.
- Maintain regular contact with borrowers and guarantors, ensuring proper collection procedures are followed.
- Provide written reports to executive management on a monthly basis.
Requirements:
- Bachelor's degree in business administration, finance, or equivalent.
- Minimum 5 years' experience in commercial workout or banking environment, with emphasis on commercial real estate workouts.
- Excellent working knowledge of commercial loan documents and collateral assignments.
- Ability to handle complex legal matters, foreclosures, and bankruptcies.
- Strong analytical and communication skills.
WSFS Bank is an equal opportunity employer, committed to diversity and inclusion. If you're a motivated and experienced professional looking for a challenging role, we encourage you to apply.
